Category: Healthcare Finance News

More hospitals outsourcing their billing, leading to boom in billing outsourcing market

Reasons for the jump include implementation of the ICD-10 coding system, increasing healthcare costs and EHRs.

CMS proposes $887 million increase for skilled nursing facilities

SNFs will be scored on a measure of potentially preventable hospital readmissions and on two new quality measures for interoperability.

The nation’s 15 top health systems, as ranked by IBM Watson Health

Mercy Health - Cincinnati
This year’s hospitals had better risk-adjusted outcomes, better patient satisfaction and a lower average cost per patient.

Blockchain prototype aims to speed revenue cycle transactions

The InstaMed blockchain prototype creates a shared patient account ledger accessible by the provider, payer and consumer.

Wording in medical student evaluations differ by gender and minority status, revealing potential bias

Evaluators often used personal descriptors to describe a student’s performance, and they used strikingly different words for men and for women.

Cerner and naviHealth launch EHR-agnostic tool to support BPCI Advanced participants

Health IT giant and convener expand partnership to help health systems with 2020 model for bundled payment reimbursement.

Site neutral payment policies straining Maine hospitals, accelerating consolidation

Hospitals in the state are looking to leverage economies of scale in order to survive the expected losses in reimbursement.

CMS reduces exchange user fees, changes coupon policy for brand name drugs, in 2020 final rule

Rule proposes no changes to practice of silver loading as insurers start to set rates for 2020.

Hospital merger and acquisition volume in the first quarter was the lowest in nearly a decade

It was the fourth straight quarter in which M&A was lower than the annual quarterly average.

Eliminating routine but low-value preoperative tests for cataract surgery patients associated with cost savings

One medical center found savings of $67,241 over three years by foregoing routine chest X-rays, electrocardiograms and other preoperative procedures.