A proposed rule from the Centers for Medicare and Medicaid Services seeks to increase the hospice payment rate by 2.4% – an estimated increase of $695 million in payments from fiscal year 2025.
Category: Reimbursement, Finance, Business
Revenue cycle challenged by low collection rates, high denials
Hospitals and health systems have been challenged by lower collection rates from insured patients and higher initial denial rates, which created financial headwinds in 2024, according to data from Kodiak Solutions.
Compensation for specialties increasing while primary care slows
In AMGA’s newly released 2024 Medical Group Compensation and Productivity Survey, medical groups and healthcare organizations report an increase in compensation of 3.6% for primary care specialties, 5.1% for medical specialties, 5.5% for surgical speci…
