Revenue Cycle Management
As reimbursement rates have declined and more employers are offering their employees high-deductible health plans, doctors’ offices are more dependent on often less reliable payment directly from patients. In 2012, strategies for handling billing those patients will be a focus of doctors’ offices experts say.
Industry experts offer insights into how an electronic health record system can generate revenue and improve cash flow.
Healthcare providers are interested in automating their workflow, but only if there is a demonstrated return on investment, according to a recent study from consulting firm IVANS.
Recently, the Huron Consulting Group released its report, "Leading Through Transformation: Top Healthcare CEO's Perspectives on the Future of Healthcare." The report included insights from the Huron Healthcare CEO Forum and took a hard look at some of the top industry issues that will be plaguing CEOs in the year to come.
Med Data Inc., a provider of medical billing services has acquired revenue cycle management and personalized patient communications company MedDirect, Inc.
The Department of Health and Human Services (HHS) announced today that a new Affordable Care Act rule requiring electronic funds transfers will reduce administrative costs for doctors and hospitals, private health plans, states and other government health plans by $4.5 billion over the next 10 years.
Healthcare real estate will continue to be a strong investment category in 2012 concludes an analysis by Jones Lang LaSalle, a financial and professional services firm specializing in real estate.
House Republicans voted yesterday to reject a Senate deal that would have extended the payroll tax break and unemployment benefits and provided physicians a reprieve on a 27.4 percent Medicare payment cut.
A new set of eight MAP keys was recently released by the HFMA, and when used correctly, aids hospitals, health systems and physician practices in tracking performance over time. Here are the eight new MAP keys for physician practice management.
A House bill passed Tuesday that included a "fix" to the ongoing sustainable growth rate problem is expected to meet its demise in the Senate. If the bill somehow survives, President Barack Obama has threatened to veto it. Where does that leave doctors? Facing the likelihood of a 27.4 percent pay cut.