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Revenue cycle priorities for the new healthcare environment
Health Data Management
From consultancy Huron Healthcare comes five strategies to aid provider organizations in optimizing revenue cycle management in the new era of risk-based payment models and greater self-pay by patients. "It is important that organizations have the infrastructure in place to measure and monitor results of leading indicators across the revenue cycle," says Paul Johnson, managing director.
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Bundled payment program progress: 6 things to know
Becker's Hospital Review
As healthcare providers and payers face seek to move from fee-for-service to value-based payment, a considerable number of them are implementing bundled payment plans. According to a study commissioned by the nonprofit Health Care Incentives Improvement Institute and conducted by Bailit Health Purchasing, some public and private healthcare payers are beginning to commit to bundled payments as their core payment reform strategy, meaning the reimbursement model is no longer limited to pilot program status.
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SPONSORED CONTENT


Professional certification summer webinar series
AAHAM
Join AAHAM and top CRCE coaches as we present A Four Part Webinar Study program for the AAHAM Certified Revenue Cycle Executive Exams.

Earn 4 AAHAM CEUs for EACH 2 hour study session attended

The webinar dates are:
July 18, 2014 - 1-3 p.m. EDT - Patient Access
Aug. 1, 2014 - 1-3 p.m. EDT - Billing
Aug. 15, 2014 - 1-3 p.m. EDT - Credit & Collections
Aug. 29, 2014 - 1-3 p.m. EDT - Revenue Cycle Management

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NON-Members can click here to register online.

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Hospitals adjust billing and collections practices to meet ACA challenges
Healthcare Finance News
The Affordable Care Act has created some new realities for hospitals when it comes to billing and collecting from patients. Hospitals are adjusting by instituting a variety of processes. At Omaha's Children's Hospital & Medical Center, the focus is on helping those newly insured under the ACA navigate their responsibilities. In many cases, hospital staff are working with patients who never had insurance before and who may not understand the product they purchased on the exchanges, said Brian Argo, the hospital's vice president and chief revenue officer.
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Safety net hospitals enjoy revenue boost
Healthcare Finance News
One of the biggest beneficiaries of the health law's expansion of coverage to more than 13 million people this year has been the nation's safety-net hospitals, which treat a disproportionate share of poor and uninsured people and therefore face billions of dollars in unpaid bills. Such facilities had expected to see a drop in uninsured patients seeking treatment, but the change has been faster and deeper than most anticipated — at least in the 25 states that expanded Medicaid in January, according to interviews with safety-net hospital officials across the country.
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When doctors need advice, it might not come from a fellow human
Kaiser Health News
Increasingly, physician practices and hospitals around the country are using supercomputers and homegrown systems to identify patients who might be at risk for kidney failure, cardiac disease or postoperative infections and to prevent hospital readmissions, another key focus of health reform.

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Third party payment rules open new possibilities for hospitals, pharma
Healthcare Payer News
With millions of Americans on new exchange plans now responsible for high deductibles, hospitals, drug makers, insurers and regulators are entering a new frontier of payment disputes.

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High deductible plans: Balancing out-of-pocket costs and outcomes
Medical Economics
In 2013, the U.S. Department of Health and Human Services reported that healthcare spending had grown at a record low pace from 2009 to 2011. The slowdown in growth was attributed to the sluggish economy and was thought unlikely to continue as more Americans gained insurance under the Affordable Care Act.

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Save the date: The 2014 Annual National Institute
AAHAM
This year's event will be held at the Manchester Grand Hyatt in San Diego, California, from Oct. 15-17. Registration information will be available in July.

The ANI is attended by nearly 500 National members and over 75 exhibitors. Each year, the members of AAHAM come together to exchange ideas, renew old friends, make new ones and further their knowledge and education in the field of Patient Account Management.

If you have any questions about the ANI, please feel free to contact the National Office at 703-281-4043, ext. 209, or by email at danielle@aaham.org.

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Electronic health record interest, upgrades both rising
Marlin Finance
In the past decade, modern medical technology has made leaps and bounds, but few aspects of the market have created as much change as electronic health records. Doctors gaining new and better contact means to improve their knowledge of patients' health issues and relevant solutions is a pressing matter in the overall market, and as such, adoption of the equipment is increasing.
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CMS: 89 percent success in ICD-10 acknowledgement testing
EHR Intelligence
Just under 90 percent of ICD-10 test claims were successfully accepted during the week-long acknowledgement test held in March, according to Niall Brennan, acting director of the CMS Offices of Enterprise Management. While the typical ICD-9 acceptance rates average 95 to 98 percent, the testing process did not identify any problems with the Medicare fee-for-service claims system, and was a generally successful process for providers, clearinghouses, and CMS alike.
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Upcoming webinars
AAHAM

'Telling Your Story; How to Use Technology to Maximize Community Benefit and Reduce Compliance Exposure'
June 18 at 1:30 - 3 p.m. EDT
This timely webinar will summarize the IRS Section 501 r requirements that were enacted with passage of the Affordable Care Act. This intermediate level webinar will cover financial assistance and billing/collection issues, with a focus on utilizing electronic screening for financial assistance.
Registration deadline: Payment must be received on or before June 11

'Tips and Tricks for Navigating LinkedIn and Facebook'
July 23 at 1:30 – 3 p.m. EDT
This timely, intermediate level webinar will provide valuable information on how to get the most out your experience using both LinkedIn and Facebook for business purposes. The session will focus on accessing the AAHAM group in LinkedIn and the AAHAM Facebook page. It will also cover general user tips on navigating myriad of the social media sites features.
Registration deadline: Payment must be received on or before July 16

For online member registration, click here.

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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    How are healthcare reform, consolidation changing health IT? (EHR Intelligence)
Value-based investments pay off for not-for-profit hospitals (HealthLeaders Media)
Top 7 strategic priorities in the hospital C-suite (Becker's Hospital Review)

Don't be left behind. Click here to see what else you missed.


Green initiatives can help improve hospital finances
FierceHealthcareFinance
Hospitals and hospital systems could reap millions of dollars a year in savings by making their infrastructure greener, according to a new guide published by the American Hospital Association. The guide places a value on some of the sustainable practices that acute care providers can implement. "In the current healthcare climate, sustainability efforts must be financially viable to succeed long term. Hospitals and care systems around the country are already saving resources by adopting sustainability measures," the guide states.
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CMS proposes stretching Stage 1 in EHR incentive program
Crain's Detroit Business
Healthcare providers will have one extra year to use 2011 Edition software in their electronic health record systems under the federal incentive program for health IT under a recently proposed rule by the Centers for Medicare & Medicaid Services. Providers scheduled to jump to the program's Stage 2 criteria will have another year to stay at Stage 1. Hospitals, physicians and other eligible professionals trying to meet the program's Stage 1 meaningful-use criteria can continue to use 2011 Edition software under the proposal, which will give them "more flexibility," according to a joint announcement by the CMS and the Office of the National Coordinator for Health Information Technology.
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AAHAM eNewswatch
Colby Horton, Vice President of Publishing, 469.420.2601
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Lisa Smith, Senior Content Editor, 469.420.2644  
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