Revenue Cycle Management
U.S. employers are expected to increasingly shift toward self-funding their group health insurance plans as a result of the health reform law, according to a survey of health insurance executives released Monday by Munich Health North America, a subsidiary of Munich Re.
In the era of reform, healthcare providers will have to operate more like any other business by using the most efficient methods to deliver and pay for the most effective care, said a panel representing the banking industry and healthcare payers and providers during a business of healthcare session at the 2013 HIMSS Annual Conference & Exhibition last week. Electronic transactions offer an attractive solution.
Across the country, hospitals and health systems are transitioning to accountable care organizations (ACOs). What does it take to do that?
With doctors across the country continually on pins and needles regarding their reimbursement rates, proponents of telemedicine and telehealth are telling doctors the technologies offer them a stable revenue stream and lifestyle options.
In order for the country's healthcare system to survive in the next few years, every healthcare provider is going to have no choice but to make innovative changes and involve patients in the care process. So said longtime health IT advocate C. Peter Waegemann, founder of the now-defunct Medical Records Institute, during a webinar Thursday.
As the ICD-10 deadline looms closer, many healthcare organizations are still trying to come up with the most effective communications, collaboration and testing strategies to assure implementation of the diagnostic and procedural code set change. It is important to understand how cash flow is impacted and where and how to manage other resources.
By 2014, the core operating rules will likely have a major effect on reimbursement and revenue cycle processes and, as a result, payments, according to speakers who represented the payer, provider and banking perspectives at a Tuesday session titled "The Business Side of Care" during the 2013 HIMSS Annual Conference & Exhibition.
A new report by Trust for America's Health says prevention improves health and productivity and saves billions, but is prevention really cost effective?
Administrators at Massachusetts General Hospital in Boston firmly believe that one man's trash is another man's treasure. As a result, this month the hospital is starting a pilot program that could potentially take a common hospital trash item and turn it into a bit of profit.
As millions of folks across the country are hitting the gym to trim up for summer, hospitals are also looking to trim fat from their budgets as well. Tightening up can be as simple as controlling capital spending, according to John McCarthy, general manager of asset management, GE Healthcare. Here, McCarthy outlines ways in which hospital executives can curb their capital spending, while still being productive and efficient.