Revenue Cycle Management
The results of a recent study indicate that a one-hour reduction in the average emergency department boarding time could result in millions of additional dollars per year in revenue for hospitals.
The proposed regulations for accountable care organizations released March 31 by the Department of Health and Human Services represent one of the first delivery-reform initiatives to be implemented under the Affordable Care Act.
The Department of Health and Human Services has launched a new initiative that will reward hospitals for the quality of care they provide to Medicare beneficiaries. HHS officials said the program would also help reduce healthcare costs.
Thousands of patients each year who are eligible for financial assistance programs are not being identified at the front-end of the billing process. For those healthcare organizations interested in identifying these patients, determining a “tipping point” could be particularly helpful.
Lawson Software, which offers a wide range of business intelligence solutions that can be found in many of the nation's healthcare systems, has agreed to be acquired for roughly $2 billion by an affiliate of Golden Gate Capital and Infor.
The average per capita cost of healthcare services covered by commercial insurance and Medicare programs increased by 6.19 percent over the 12 months ending February 2011, according to the Standard & Poor's Healthcare Economic Composite Index. This is a drop from the 6.31 percent increase in annual growth rate posted in January 2011 for this index.
The results of a recent study indicate that a one-hour reduction in the average emergency department boarding time could result in millions of additional dollars per year in revenue for hospitals.
The Engineering Services Network, an Arlington, Va.-based developer of engineering and technology solutions, has won a $4.2 million VistA Financial Annual Enhancements contract to improve the way in which the U.S. department of Veterans Affairs tracks costs and manages claims and billing for its health system.
Six health plans -Aetna, CDPHP, the Hudson Health Plan, MVP Health Care, UnitedHealthcare and Empire BlueCross Blue Shield - have provided $1.5 million in incentive payments to 236 separate primary care physicians in 11 practices in New York that have achieved patient-centered medical home recognition by the NCQA.
State health officials searching for solutions to Texas’ multibillion-dollar budget shortfall have set their sights on neonatal intensive care units, which they say are being overbuilt and overused by hospitals eager to profit from the high-cost care.