Reimbursement
For one health system, robotic process automation equates to about 27,000 hours in a month saved, which correlates to around $500,000.
Higher revenues through September were offset by rising expenses of 3.5% year-over-year, according to Kaufman Hall report.
The proper medical coding can make all the difference in reimbursement, says TRUSTED i10 Senior CDI Consultant Angela Jordan.
Certain new and innovative equipment and supplies will qualify for the additional Medicare payment.
CMS is seeking feedback on a potential COVID-19 vaccination measure in the Medicare Advantage and Part D star ratings.
Insurers are banned from charging administration costs and "balance billing is strictly prohibited," Seema Verma says.
The decision comes after stakeholders said the model could result in even more financial challenges for practices still recovering from COVID-19.
This week's top stories include HIMSS Global Health Equity Week panelists calling for a stronger focus on population health to improve health disparities and the effects of drops in admissions on hospitals.
The relief resources are meant to assist providers regardless of whether they accept Medicare or Medicaid payments.
The drop in admissions suggests revenue losses that may be difficult for some hospitals to weather.