by Medical Accounts Systems | Aug 2, 2018 | Healthcare Revenue Cycle Management, medical debt collection
CMS recently put the finishing touches on a new rule that will transition the Medicare payment system for skilled nursing facilities (SNF) from its current fee-for-service status toward value by implementing the Patient-Driven Payment Model. The shift is expected to...
by Medical Accounts Systems | Jul 31, 2018 | Healthcare Revenue Cycle Management, medical debt collection, medical revenue cycle
An article published earlier this month regarding Strategies for Measuring HIPAA Compliance Efforts reveals that over 35 percent of large healthcare organizations have not taken the time to evaluate how effective their HIPAA compliance measures are. A significant...
by Medical Accounts Systems | Jul 5, 2018 | Healthcare Revenue Cycle Management, hospital bad debt, medical debt collection, medical revenue cycle
The Trump administration is being warned by experts in the healthcare industry that its proposal to move over some drugs covered by Medicare Part B to Part D would negatively impact care quality and provider reimbursement. In its efforts to lower the cost of drugs,...
by Medical Accounts Systems | Jul 3, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Public health care programs may soon see a greater number of audits as the Centers for Medicare & Medicaid Services (CMS) seek to combat improper payments and Medicaid fraud. With Medicaid spending reaching more than half a billion in 2016, CMS has made the...
by Medical Accounts Systems | Jun 26, 2018 | Healthcare Revenue Cycle Management, hospital bad debt, medical debt collection, medical revenue cycle, Physician Reimbursement
Patient balances after insurance (PBAI) remain a challenge for hospitals, and the issue is only becoming worse according to a recent analysis. Back in the first quarter of 2012 PBAI increased by eight percent of the total bill responsibility and it only became worse...
by Medical Accounts Systems | Jun 19, 2018 | Healthcare Revenue Cycle Management, hospital bad debt, medical debt collection, Physician Reimbursement
In any company or industry, implementing best practices can dramatically boost efficiency and productivity. Revenue cycle management is a perfect example and by simply taking into account a couple of simple yet fundamental steps, there are significantly better odds of...