Revenue Cycle News Update – February 7, 2019
Revenue Cycle News Update for February 7, 2019
This regular feature showcases the most vital recent news stories in healthcare IT and revenue cycle management.
Here once again are the top stories since our last news roundup, as well as what you’ll need to know in the next few weeks.
Medicare / Medicaid News
Froedtert Health saved $1.5 million in CMS’s joint replacement model by involving patients in bite-sized activities on a daily basis.
Helping patients understand their insurance eligibility up front is a great idea, too.
Massive gaps leave practices more dependent on reimbursement from commercial payers and commercial contracts. With the majority of respondents saying they navigate a gap between cost of care and reimbursement, that leaves practices more dependent on reimbursement from commercial payers and commercial contracts.
We integrate with hundreds of payers and their health plans in our system to help you understand and verify all the insurance coverage your patients are eligible for.
Private Payer News
The AHA and FAH said they believe a policy solution to resolve such surprise bills should prohibit balance billing and limit patients’ cost-sharing.
Having a high deductible health plan without a health savings account was associated with greater hardship compared with low deductible insurance.
With our Insurance Discover software, you can give patients peace of mind by finding coverage they didn’t know they had–while you get paid sooner and reduce collection costs. It’s a good surprise.
Growth is being driven largely by the use of these solutions to reduce healthcare costs, decrease billing and coding errors and maintain compliance.
This can be helpful once you’ve optimized the front-end of the revenue cycle with easy-to-use insurance verification software.
Upcoming Revenue Cycle Events
We’d love to talk! Here’s where to find us over the next few months:
February 24-27, 2019
Renaissance Riverview Plaza Hotel, Mobile AL
March 5, 2019
St. Paul RiverCentre, St. Paul MN
March 7, 2019
Memorial Medical Center, Springfield IL
March 27-29, 2019
Pinehurst Resort, Pinehurst NC