News
As with any important process, the healthcare provider’s revenue cycle has a distinct beginning – in this case it is the patient’s initial encounter. And it is at this critical juncture that providers must do everything possible to ensure that all the financial details are in order.
Healthcare systems with a centralized and strategic approach to their real estate activities may enjoy significant competitive advantages over systems that delegate property decisions to individual hospitals, according to a new study from the financial services firm Jones Lang LaSalle.
The top five ICD-10 challenges identified in a user survey conducted by data management firm PatientKeeper are:
Healthcare Finance News Managing Editor René Letourneau spoke recently with Rosemary Sheehan, vice president of revenue cycle operations at Boston-area Partners HealthCare system about her organization’s ICD-10 preparedness efforts:
According to financial services firm Jones Lang LaSalle, healthcare real estate investment trusts (HCREITs) have raised $22.5 billion over the past 18 months, spiking third party interest in the medical property sector.
Faced with an endless cycle of non-urgent visits to the doctor or, worse, the emergency room, employers and health plans are looking to telemedicine for an easier way to connect the stuffy nose – or the sprained ankle, or the upset stomach – to the doctor. Those connections are now being made online or though phone calls engineered by companies like Teladoc, Stat Health Services and American Well.
Partners HealthCare, a nine-hospital health system with 1,800 primary care physicians and more than 6,000 specialists, has agreed to join Blue Cross Blue Shield of Massachusetts' Alternative Quality Contract (AQC) global payment model beginning Jan. 1, 2012.
Federal bundled payments efforts promise providers a share in savings for improved quality and lower costs, but it will likely take the squeeze in fee-for-service Medicare payments to drive many providers to participate.
Georgia state officials are planning to implement a little-known provision of the Affordable Care Act allowing states to move the children of state employees onto the Children's Health Insurance Program, something only a handful of states have done so far.
A much-anticipated report from the Institute of Medicine providing guidance to the Department of Health and Human Services on how to define essential health benefits came down squarely on the side of controlling the costs of providing those benefits with an emphasis on benefits that are effective and provide high value.