Healthcare Revenue Cycle Management News

News

Stay up-to-date with HFMA's regularly published news that covers regulatory and legislative changes and healthcare finance trends.

By HFMA September 13, 2021

AMA releases 2022 CPT code set with new options that apply to COVID-19 vaccination, digital care services and more

The new set features more than 400 CPT code changes from 2021.

By Nick Hut September 10, 2021

From intake to billing: 5 tips for safe, successful digital communications with patients

Patients know what service excellence is. In their daily interactions with companies, they’ve come to expect it. It’s reasonable for patients to want and expect their healthcare providers to offer the same level of service by meeting them on their preferred digital communication channels. Fortunately, there are no rules against communicating with patients digitally. Doing…

By HFMA September 10, 2021

Healthcare News of Note: Many new cancers in the U.S. may be going undiagnosed, a study by Quest Diagnostics shows

Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Many new cancers may be going undiagnosed, research and media exposure leads to a reduction in hospitals suing patients for unpaid medical bills, and positive interactions with leadership boost healthcare worker well-being.

By Deborah Filipek September 10, 2021

COVID-19 vaccination of staff now a condition of participation in Medicare and Medicaid, CMS announces

In a major expansion of COVID-19 vaccine requirements, the Biden administration announced Sept. 9 that all staff working at Medicare- and Medicaid-certified facilities must receive the vaccine.

By Nick Hut September 9, 2021

Healthcare News of Note: Providers should continue forward movement on improving digital patient access, survey suggests

Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Expectations for convenient access to care in the pandemic era, a look at ICU bed use across the U.S., and the cost of hospitalizations among unvaccinated adults.

By Deborah Filipek September 3, 2021

Pressure Rising: COVID-19’s ongoing impacts on healthcare labor trends

Find out how health systems and organizations are expanding remote work, how to prepare for rising labor expenses and how some hospitals are testing creative solutions to address workforce shortages among other hospital labor trends now and into the future.

By HFMA September 3, 2021

Cost reporting in the time of COVID-19 could have an impact on hospital payment

The changes due to the COVID-19 pandemic that hospitals must report in their annual cost reports will be pervasive throughout the reported data. Given that CMS and some state agencies use cost reports i9nformation to establish future rates, it is critical that hospitals exercise heightened due diligence in preparing their cost reports throughout the public health emergency.

By K. Michael Nichols, FHFMA, CPA September 2, 2021

Financial Sustainability Report: August 2021

The August 2021 issue of the Financial Sustainability Report, sponsored by Kaufman Hall, explores the impacts of COVID-19 on hospital cost reporting and financial statements, and why a hospital’s future payment levels may depend on its due diligence around these processes today.

By HFMA September 1, 2021

Latest financial metrics indicate continuing challenges for hospitals

As COVID-19 hospitalizations increased, some volumes took a hit and margins remained tight.

By Nick Hut August 30, 2021
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