by Medical Accounts Systems | Dec 20, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Research from the JPMorgan Chase Institute shows that about one in six families will make a minimum of one “extraordinary” payment related to healthcare in any given year of about $400. These extraordinary payments hovered just over $2,000 during the period of 2013 to...
by Medical Accounts Systems | Dec 19, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Customer satisfaction and quality patient care are two major priorities for healthcare organizations. To ensure this, it’s important to evaluate patients from a perspective focused on financial, administrative, and clinical. With this perspective, there is greater...
by Medical Accounts Systems | Dec 14, 2018 | Healthcare Revenue Cycle Management
Is it time to take a fresh look at HIPAA laws and make some modern tweaks? That’s what more than 40,000 medical group practice leaders believe. Called the Medical Group Management Association (MGMA), the group is meeting up in Washington this month to take a close...
by Medical Accounts Systems | Dec 14, 2018 | Healthcare Revenue Cycle Management, medical payment systems
A survey by Black Book shows that more than twenty percent of hospitals in the United States have yet to implement a healthcare revenue cycle management solution. The survey shows that while there are noticeable improvements in healthcare revenue cycle management,...
by Medical Accounts Systems | Dec 6, 2018 | Healthcare Revenue Cycle Management, medical revenue cycle
A CMS report on the usage of Medicare telehealth between the period of 2014 to 2016 reveals that although telehealth utilization has indeed risen among Medicare beneficiaries, the restrictions on Medicare reimbursement are slowing down adoption. The report showed that...
by Medical Accounts Systems | Dec 5, 2018 | health insurance collections, Healthcare Revenue Cycle Management
The Health Insurance Portability and Accountability Act (HIPAA) was established in 1996 as a means of protecting the sensitive health information of patients when they switch jobs. It wasn’t until 2003 that the Department of Health and Human Services (HHS) introduced...
