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Providers ready for RCM shake-up
Healthcare Finance News
As healthcare enters its patient-centered, payment-bundled era, hospitals and physicians are looking for a shake-up in revenue cycle management. There's an "enormous opportunity" to take costs out of the process "by actually fixing the revenue cycle," said Sean Wieland, managing director and senior research analyst at investment bank and asset management firm, Piper Jaffray. "And by fixing I don't mean by incremental process improvements. I mean blowing it up. And really rethinking the process of how we go about getting doctors and hospitals paid."
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CMS finalizes changes to packaged services and E/M coding for clinic visits
HCPro
The Centers for Medicare & Medicaid Services recently finalized changes to packaged services and evaluation and management (E/M) CPT® codes for clinic visits with the much-anticipated release of the 2014 OPPS final rule. The good news is that CMS did not finalize all of the controversial changes to packaged services and E/M CPT codes. The bad news is that despite a delay in releasing the Final Rule, most of the changes are still effective Jan. 1, 2014. Click here for details on the Final Rule.
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See related story: Outpatient rule bundles pay, consolidates codes (The Oncology Report)


Webinar: 'CRCP, The Certified Revenue Cycle Professional'
AAHAM
Topic: CRCP, The Certified Revenue Cycle Professional

When: Wednesday, Jan. 8, noon - 12:30 p.m. EST

Speakers: AAHAM President Elect, Victoria DiTomaso, CRCE-I and AAHAM Second Vice President, John Currier, CRCE-I

Join us to learn all about the newest AAHAM certification, the Certified Revenue Cycle Professional. Find out about who should take this exam, the format, costs and what it means to your career development. There will also time to answer your questions!

Click here to download the full description and printable order form.

Click here to register online.

Everyone earns 1 CEU for attending

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PRODUCT SHOWCASE
  3rd Annual Registration Benchmark Survey

Find out your team compares in pre-registration, POS collections, medical necessity, authorizations, and more! Be a part of the results for 2013 and receive a free copy of the results report!
 


Upfront payments ease docs into value models
Healthcare Payer News
A key component to making value-based payment models work is getting physicians on board. But while physicians are supportive of the improved care coordination of such models, they are wary of how the payment structure will work. Upfront payments can help smooth that transition, especially for small practices that don't have the resources and tools to revamp their operations.
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Looking for similar articles? Search here, keyword(s): Smooth payment transitions.


New ONC guidance on safe use of EHRs
Health Data Management
The Office of the National Coordinator for Health Information Technology is offering new guidance on identifying unsafe conditions with electronic health records. "When front line clinicians confront a clinical mishap or unsafe condition in EHR-enabled healthcare settings (such as a medication error or a missed diagnosis) they may not connect the clinical event with how EHR use could have helped prevent it, how misuse or failure to use EHR functionality as intended contributed to the problem, or how weaknesses in EHR configuration, interfaces, or usability contributed," according to a new ONC blog posting.
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PRODUCT SHOWCASE
  Online Accredited Master's Degrees

Take several steps ahead in your career with an advanced degree. We offer MBA Health Care, Master of Health Care Informatics (MHCI), and M.S. Nursing programs designed for current Health Care workers seeking career growth. With unparalleled student resources and support your success is our goal!
 


MU compliance announcement sparks concern, confusion
HealthLeaders Media
For a few hours this past Friday, healthcare providers thought they were going to get some relief from next year's Meaningful Use Stage 2 implementation deadlines. But what observers are calling a poorly worded announcement from the Centers for Medicare & Medicaid Services hid the fact that the agency fully expects all Stage 2 start dates to remain unchanged.
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FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
Does diversity matter in medical training?
By Jonathan Ryan Batson
In order to truly make an impact on bridging the gaps of inequalities, the way the medical education system approaches diversity needs to be more holistic.

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4 key lessons from Blessing Hospital's revenue cycle overhaul
Becker's Hospital Review
Blessing Hospital used to struggle with its revenue cycle. The day to day was done on paper rather than electronically, and the hospital lacked the tools it needed to make the revenue cycle seamless.

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Can CMS delay enforcement of ICD-10 compliance?
ICD 10 Watch
The Centers for Medicare and Medicaid Services won't budge on the ICD-10 implementation deadline. They insist the federal government will be ready and healthcare organizations need to be ready.

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Webinar: 'Smashing Denials, Take on the Challenge'
AAHAM
Topic: Smashing Denials, Take on the Challenge

When: Wednesday, Jan. 15, from 1:30-3 p.m. EST

Speaker: Harriett Wall, MBA, Vice President of Kohler HealthCare Consulting, Inc.

Registration Deadline: Payment must be received on or before Jan. 7. You will receive your confirmation and handouts via email by January 10, 2014.

Click here to download the full description and printable order form.

Click here to register online.

Everyone earns 3 CEU's for attending

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Keep it personal to engage employees, improve care
Hospital Impact
A hospital is the ultimate service sector business, where it's all about people taking care of people. The primary role of a hospital president is to engage employees in the mutual goal of providing excellent patient-centered care. Your job, in 10 words or fewer: Engage and encourage the people who take care of people.
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Utilize patient data to improve self-pay collections
Becker's Hospital Review
Typically, hospitals rely heavily on third parties (collection agencies and credit bureaus) for credit data and outsourced account follow up. With tighter margins and regulatory pressures, hospitals need a more intelligent and cost-effective way to drive self-pay collections. Technology innovation, like predictive analytics, can help hospitals leverage their own data to gather the right information for a more effective and efficient process for self-pay collections.
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How health inflation could slow, or rise, in 2014
Healthcare Payer News
America's medical cost inflation appears on track to fall even below 2013's trends, according to PricewaterhouseCoopers, although consumers are still bearing large cost burdens and other trends threaten the slowdown. In a new report, PwC is projecting a 6.5 percent medical cost increase in 2014, one percent lower than the estimates for 2013, based on analyses of costs for the 150 million people covered through the large group insurance market.
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Hospitals consider paying insurance tab
Healthcare Finance News
As hospitals continue to get squeezed by new Medicare penalties and shrinking reimbursements from private insurers, many are looking for ways to make up for missing revenue. Some are seeking creative ways to collect on bad debt incurred from patients unable to pay their bills. A recent letter from Health & Human Services Secretary Kathleen Sebelius suggests picking up the insurance tab for poor patients may help collecting on bad debt, but experts warn: buyer beware.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    CMS sets 2014 pay rates for hospital outpatient and physician services (HealthLeaders Media)
8 ways outsourcing can help hospitals and patients (The Huffington Post)
How clinical documentation helps RCM (Healthcare IT News)

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


 

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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