Only 5% hospitals are compliant with price transparency rule. Here’s how they did it. Baptist Memorial Health Care used a capability provided by Epic to pull together data from various sources including the health system’s chargemaster, said Ron Wachsman, vice president of revenue cycle, in a...
Investors are pouring a record amount of money into young companies trying to transform U.S. health care at an accelerating pace. “The health-care industry is kind of 10 to 20 years behind all other modern industries in terms of adopting innovation,” said Steve Kraus, a...
Investors Bet Billions That Health Care's Long Overdue Digital Shift Is Finally Here The pandemic has drawn an infusion of capital to young companies looking to solve old problems By John Tozzi May 26, 2021, 4:00 AM MST In this article Investors are pouring a record amount of money into young...
Developing a Hospital Claim Validation Strategy to Prevent Denials A comprehensive hospital claim validation strategy that prevents denials and improves efficiencies hinges on the right blend of retrospective and pre-bill reviews. October 07, 2019 - The time to strengthen hospital compliance programs through claim validation is now. According to...
Health IT investment shattered prior records and IT M&A and valuations were at all-time highs, according to Healthcare Growth Partners report. By Susan Morse January 26, 2018 Last year was a blockbuster year for health IT, according to the semi-annual health IT market review from Healthcare Growth...
Is there a better market to invest in than healthcare? We shouldn’t need a pandemic to inform us that we need to bring our healthcare administration practices into modernity — or to show investors the opportunity they have to bring about much-needed change. By JEFF GREENSTEIN Recently, as I...
Hospitals lose appeal to block CMS’ price transparency rule A federal appeals court has ruled against hospital groups in their legal challenge to the CMS regulation that would require hospitals to make pricing information publicly available. The rule is set to take effect Jan. 1. Despite hospital...
According to healthcare finance and information management leaders surveyed by HIMSS Media, clinical documentation and coding were the revenue cycle processes most vulnerable to errors that could result in lost or decreased revenue. These issues are leading to an uptick in claim denials and lost revenue. Hospitals are...