Revenue Cycle News Update – March 6, 2020
Here’s our regular feature showcasing the most vital recent health care news stories.
According to a new statistical brief from the Agency for Healthcare Research & Quality, the annual mean expenditure for top 1% of individuals was $116,331. All sources of healthcare payments were included in the data.
EHR implementations are costly, and in some cases health systems have taken an unexpected financial hit related to the transition.
Arguing that the mandate is unconstitutional, 20 Republican-led states sued to abolish the Affordable Care Act. The case will be not likely decide on the case before the 2020 presidential election.
The program was enacted in 1989 to provide support to small & rural hospitals. Some hospitals became ineligible by failing to meet criteria such as Medicare volume while others did not receive support because of closures, mergers & changes in designation.
Upcoming Revenue Cycle Events
We’d love to talk! Here’s where to find us over the next few months:
March 10-11: MMGMA Winter Conference; St. Paul, M.N.
March 11-13: HFMA Virginia Spring Conference; Richmond, V.A.