When looking to improve efficiency and reduce costs for your hospital, you want to ensure your total cost of care is measured correctly. The two variables you want to look at are how much is reimbursed for each service and how ...
When looking to improve your healthcare revenue, it is important to identify why you are losing money in the first place. With costs continually fluctuating, you want to ensure you are looking at your billing to identify any ...
Charge capture software is essential to a hospital’s revenue cycle process. Below are three ways you can improve your charge capture with the help of MedCom Solutions. Educate Your Employees The first step to improving your ...
Chargemaster, also known as charge description master (CDM), is a list of all items billable to a patient or to a patient’s health insurance provider. Hospitals and physician practices utilize the Chargemaster to analyze service ...
Digitization is making it easier to provide better care, but is technology coming between patients and doctors? Is it changing the role of the doctor, and making healthcare better for patients and worse for practitioners? These ...
In the past, hospitals worried about patients without insurance not paying their bills. Now the struggle is getting patients with insurance to pay their bills. That’s thanks in large part to high-deductible health plans, which ...
There are only about 12 places in the United States that perform fetal surgery, a highly specialized field in which surgeons, through a tiny incision in the mother’s abdomen, operate on babies that have been developing for as ...
According to the American Hospital Association’s Fast Facts on U.S. Hospitals, 2018 hospital closures have reached 30 a year, a pace that’s predicted to accelerate over the next year and a half. Of 6,000 U.S. private and public ...
The average 350-bed hospital misses $22 million in revenue capture opportunities. Perhaps that’s because 69 percent of hospitals and health systems use more than one vendor for revenue cycle management (RCM). The resulting ...
Ariya Ouskouian, a 23-year old native of Irvine, California, was arrested earlier in the month after impersonating a doctor seven times at Children’s Hospital of Orange County (CHOC) and University of California, Irvine between ...
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