|Oct. 3, 2012|
Value-based purchasing, readmissions reduction programs effective now
Becker's Clinical Quality & Infection Control
CMS' value-based purchasing and readmissions reduction programs went into effect Oct.1. Both federal reporting programs, which are required under healthcare reform, are designed to incentivize hospital performance across a range of quality metrics. Under both programs, hospitals also face monetary penalties if they fail to meet specified performance measures.More
Make your plans for ANI 2012!
The 2012 ANI will be held Oct. 17-19, at Hyatt Regency Coconut Point in Bonita Springs, Fla. This year's theme is "Changes In Latitudes, Changes in Attitudes ... Taking Your Revenue Cycle to New Altitudes." The registration brochure is now available to be downloaded and online registration is now open.More
The right staffing tools rein in costs, ensure quality
Healthcare Finance News
Always a key element of healthcare, appropriate nurse staffing is becoming even more important as the industry payment model shifts from reward for high volume toward one that emphasizes efficiency and quality of care. "Now, nursing has a significant impact on revenue," said Susan Reese, chief nursing officer at Kronos, a workforce management software firm based in Chelmsford, Mass. "If nursing does a good job and the patient has a good outcome, potentially the revenue stream increases."More
AAHAM webinar: Next Generation Revenue Recovery
Topic: Next Generation Revenue Recovery
When: Nov. 7, 1:30-3 p.m. EST
Speaker: Andrew Zech, Director of The Advisory Board Company
Program Focus: This intermediate/advanced level session will discuss what your front office team should be doing to maximize both patient and payer collections. For most organizations, submitting, retrieving and tracking authorizations involves complex, manual processes and a huge outlay of human resources, yet authorization errors remain a significant cause of initial denials. The average hospital writes off over $5 million, or 1 percent of net patient revenue in pre-certification denials. Best practice organizations write off less than $1 million, and a critical factor in their success is electronic automation, eliminating the need for constant manual back office work.
Registration Info: Payment must be received on or before Oct. 24. You will receive your confirmation and handouts via email by Oct. 31.
Click here to download the full description and registration form.
Everyone earns 3 CEU's for attending.
Online member registrationMore
AHIMA calls for improved health IT governance
Healthcare IT News
The American Health Information Management Association is calling for improved and unified health information governance to standardize electronic health record use. AHIMA officials recently announced they are ready to work with healthcare industry providers, health plans, quality organizations and vendors as well as the Department of Health and Human Services to establish standards so healthcare providers have clear principles to guide their patient documentation.More
6 traits that define a great hospital CFO
Becker's Hospital Review
Accounting and business acumen are almost a given for any CFO — and most CEOs as well. Having the right morals and integrity also are a must for any leadership role. With that in mind, what other traits are at the core of well-rounded, successful hospital and health system CFOs? The following are six that fit the bill.More
Save millions with better labor management
Labor and benefit costs still often comprise 60 percent of our operating budgets in healthcare. Although we should look for every opportunity to lower cost and enhance revenue in all non-labor areas, the labor and benefit segment is too large to ignore. This process should be a dynamic productivity management solution that is embedded into the organizational culture and not just a periodic "slash and burn" budget initiative to achieve a set of numbers.More
Take action on the Telephone Consumer Protection Act
As a follow-up to our TCPA position paper at Legislative Day, please send the attached letters to your legislators. This is another supplement to our campaign encouraging them to support the critical legislation to modernize the TCPA. AAHAM continues to make advancements in our efforts and we need your assistance! Working through Paul in Washington, we have gained recognition for our work on this! Let's keep it moving! Thank you for your continued support and participation.More
Large settlement for data breach sends message to lock up laptops and smartphones
American Medical News
With a $1.5 million settlement agreement over a lost laptop, the Dept. of Health and Human Services is sending a signal to doctors and others that a violation of the Health Insurance Portability and Accountability Act comes with consequences, no matter the reason for it. More
JAMIA study: CPOE hospital's largest barrier to hitting MU
Government Health IT
Two years ago, half of CIOs surveyed by the College of Health Information Management Executives said that implementing computerized provider order entry systems loomed as one of the key challenges in meeting federal health IT incentives. And that's largely how it turned out. Meeting CPOE requirements was the most common barrier for hospitals achieving meaningful use incentives during the program's first year, a study published in the Journal of the American Medical Informatics Association has found.More
Can a computer game help practices keep data secure?
American Medical News
Losing an exam room is not a real-life consequence of a data breach or a violation of the Health Insurance Portability and Accountability Act. But the Health and Human Services Dept. Office of the National Coordinator for Health Information Technology hopes that losing it in a fictitious scenario created as part of a game could be an effective way of teaching healthcare employees the causes and effects of their bad decisions.More
When HIT implementation is challenging, 8 tools and services to consider
Becker's Hospital Review
Many hospitals and healthcare systems know the value that technology can provide for patient safety, clinical quality and overall decision making. But, they face enormous challenges when it comes to accessing and organizing information so it is available when they need it. Too often, hospitals are blocked by silo'd data reporting, lackluster HIT infrastructure and inadequate tools. More