With hospital Chargemasters getting more focus, revenue cycle leaders should assess how they conduct Chargemaster management to ensure money is not left on the table and to ensure they have competitive and compliant charges. When ...
On March 15, CMS increased the Medicare payment amount for administering the COVID-19 vaccine. This new and higher payment rate will support important actions taken by providers that are designed to increase the number of ...
March 4, 2021 — CMS Publishes Guidance on COVID-19 Vaccine Payment, Administration, and Billing Instructions: See MLN Connects Article and Related Links to CMS COVID-19 Website The CMS MLN Connects Newsletter for March 4, 2021 ...
Look Before You Leap…into Epic You may have heard the nightmare stories about revenue loss and charge issues related to Epic go-lives. But, Epic isn’t the problem. However, Epic does tend to magnify existing issues within the CDM ...
On January 1, 2021, CMS began implementing hospital pricing transparency requirements. Additionally, CMS released an article on December 18, 2020, in their MLN Connects Special Edition Newsletter indicating that they intend to ...
There are many challenges to managing supply charges in different facilities. For example, many business managers are concerned about devices being used but not charged and that some of their supplies are not assigned to the ...
A chargemaster is a comprehensive list of a hospital’s supplies, procedures, and services. Everything from prescription drugs to PPE to supplies for diagnostic tests has a unique listing in the chargemaster, making it a critical ...
In today’s economic environment, patients are more aware of healthcare costs and the entities that determine pricing. As such, there is a higher demand for accountability and assurances that consumers are paying for the care they ...
The best way to see where you are and plan where you’re going is by using a roadmap. It provides the granular information you need while also allowing you to simultaneously look at the big picture. That’s the role a comprehensive ...
PRICING TRANSPARENCY IS JUST AROUND THE CORNER Are you ready to meet the CMS Pricing Transparency requirements by January 1, 2021? Hospital pricing transparency is going to be critical and more regulated. If you have started or ...
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