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Revenue cycle improvement lessons from Methodist Health System
Becker's Hospital Review
Last year, Omaha, Neb.-based Methodist Health System decided to create a road map for its ICD-10 adoption process, with the assistance of The Advisory Board Company. In the process, they discovered an opportunity to revamp their front-end revenue cycle management. In the following, Methodist's CFO and director of revenue cycle discuss three of the key lessons they learned from the overhaul process.
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Congress moves closer to changing how Medicare pays doctors
Kaiser Health News
Key House and Senate committees recently approved legislation to repeal the Sustainable Growth Rate, the formula officials use to pay doctors who treat Medicare patients. In the following, KHN's Mary Agnes Carey and Politico Pro's Jennifer Haberkorn discuss.
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CMS releases meaningful use security risk tip sheet
EHR Intelligence
The Centers for Medicare and Medicaid Services has created a security risk analysis tip sheet for healthcare practices participating in EHR Incentive Programs. The following is the full statement from CMS.
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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!
 


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
  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!
 


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Social media marketing for the healthcare industry
Business 2 Community
Across industries, sophisticated organizations are committing both time and money to their social media marketing campaigns. But the healthcare industry has hesitated to embrace it.

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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.

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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 CPT® codes for clinic visits with the much-anticipated release of the 2014 OPPS final rule.

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Making strides with online billing
Hospitals & Health Networks
Healthcare, in general, has lagged other industries in its online bill payment offerings. The gap may be closing, though, as hospital executives recognize the benefits of offering comprehensive online billing and payment. Online-oriented patients will appreciate the easier access and information, while lessened paper-based billing and payment can cut into costs for the provider.
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Rehospitalization rates fell in 1st year of Medicare penalties
Kaiser Health News
During the first eight months of 2013, fewer than 18 percent of Medicare patients ended up back in the hospital within a month of discharge, the lowest rate in years, the government reported. This drop occurred during the first year that Medicare financially penalized hospitals for their readmission rates and the government seized on the decrease as evidence the incentives are having an effect.
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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 Jan. 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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Planning for the New Year: 3 big trends to watch for in 2014
Becker's ASC Review
Reform is driving a myriad of changes in the healthcare industry and predicting what the year ahead holds is no easy task. There a number of big movements in the industry — consolidation, downward pressure on reimbursement, price transparency, a shift to value-based care to name just a few. So many that it becomes difficult to know where to look for expertise.
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Looking for similar articles? Search here, keyword(s): Preparing for next year.


Meaningful use shows promise in cutting adverse drug events
By Pamela Lewis Dolan
Hospitals that adopted electronic health record systems featuring all five of the meaningful use program's stage 1 medication management functions had fewer adverse drug events compared with hospitals that have not yet implemented those features, according to a recent study in the American Journal of Managed Care. The findings revealed that the advanced medication systems not only improved patient safety by 63 percent, but also helped save the hospitals $4,790 per each adverse drug event that was averted.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Webinar: 'CRCP, The Certified Revenue Cycle Professional' (AAHAM)
Hospitals consider paying insurance tab (Healthcare Finance News)
Webinar: 'CRCP, The Certified Revenue Cycle Professional' (AAHAM)

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Big change coming to hospitals at top
Healthcare IT News
A Black Book Rankings poll of 1,404 healthcare provider organizations' human resources officers and board members revealed the developing trend affecting the way headhunters will seek candidates. Black Book estimates that two-thirds of CEOs hired in 2014 will have little to no healthcare sector experience, in favor of other experience and skills in business development and financial management and with heavy technological expertise. Although transitioning to a hospital operation has its challenges, outsiders' approaches are ushering in a new movement in hospital administration, according to Black Book findings.
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Managing claim denials after the ICD-10 transition
Diagnostic Imaging
If you don't have a strategy in place for managing claims denials following the implementation of ICD-10, there's no time like the present. Virtually everyone engaged in healthcare reimbursement predicts an initial uptick in the number of delayed or rejected claims after the go-live date Oct. 1, 2014, due partly to coding errors and partly to greater scrutiny of claims by Medicare and commercial payers.
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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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