4 proven strategies for optimizing revenue cycle performance
Hospitals revenue cycles can all too often experience denied claims and delayed payment due to outdated manual processes and workflow inefficiencies. Hospital revenue cycle leaders can address these problems with a sharper strategic focus on submitting clean claims, managing denials, applying analytics and outsourcing.
HFMA member is thankful for the Association’s impact on her life
Candi Powers, the chief revenue cycle officer at Mon Health System, describes how HFMA membership changed the trajectory of her life.
Healthcare News of Note: Telemedicine use for cancer care should be more equitable
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: There’s a need to address inequities in telemedicine use for cancer care, almost 25% of physicians report mistreatment, and most Medicare Advantage enrollees are satisfied with their plan.
HFMA announces the 2022 MAP Award winners, recognizing excellence in the revenue cycle
Twenty-seven organizations received the 2022 MAP Award during the opening general session of HFMA’s Annual Conference.
Price transparency update: 6-figure fines have been handed down for hospital noncompliance
The federal price transparency requirements for hospitals entered a new phase this month, with CMS not only issuing the first fines for noncompliance but also publicizing those penalties.
Revenue Cycle Insights June 2022
Hospital pricing and surprise billing remain hot topics, with Senior Editor Nick Hut outlining some recent reports on the subject. And Jonathan Blum, of CMS, describes how the industry is reacting to the agency’s new regulations of price disclosure and surprise billing, in a podcast with Joe Fifer, CEO of HFMA.
Texas-based study raises questions about impact of using additional criteria in No Surprises Act arbitration cases
Study results indicate that ongoing litigation over the independent dispute resolution process established by the No Surprises Act may not have a major impact on outcomes.
Healthcare News of Note: InstaMed report says 87% of consumers were surprised by a medical bill in 2021
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Surprise medical bills were prevalent in 2021, long-haul COVID in the United States is in the news, and a report identifies America's most segregated hospital markets.
Healthcare News of Note: Community health workers can influence better use of healthcare providers among certain populations
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Community health workers promote better use of healthcare providers, $195 billion in medical debt is owed by U.S. residents, and Generation Z is less likely to seek treatment for mental health issues.
Healthcare News of Note: Which states offer their residents the best hospital-based healthcare?
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Pennsylvania is the top state for healthcare, most jurisdictions are unprepared for the launch of a new national mental health hotline, and a proposed rule change could fix the ACA’s "family glitch.’"