Revenue cycle leaders were asked to rank the most time-consuming tasks at their organization, and the results aren’t surprising. 556 chief financial officers and revenue cycle leaders at hospitals and health systems across the United States were asked to rank the most time-consuming revenue cycle tasks at their organizations in a new survey commissioned by […]
CHICAGO – Much of remote digital health depends on the Current Procedural Terminology, or the CPT code set, which opened the door to payment for remote patient monitoring and remote therapeutic monitoring. Providers should be aware of CPT changes, especially for any codes that may be going away at the end of the public health […]
Medical coding is an essential aspect of healthcare in that it translates diagnoses, procedures, medical services, and equipment into alphanumeric codes. The processes involved in medical coding is complex, however, so errors can often result in payment delays and significant financial losses. The most common errors leading to delays and lost revenue are tracking down […]
The new code set has been officially adopted by 35 countries. The World Health Organization (WHO) officially unveiled the first version of ICD-11 in February 2022, marking the eleventh version of the International Classification of Disease (ICD) as officially implemented. Recently, in February 2023, the WHO announced the release of ICD-11 2023 version, just a […]
A new final rule from the Centers for Medicare and Medicaid Services (CMS) will make it harder for Medicare Advantage (MA) plans to require prior authorizations for their coverage The rule comes in the wake of a 2022 report from the Office of Inspector General of the US Department of Health and Human Services that […]
Two letters. They’re enough to give your patients more anxiety than any treatment, test or injection. A recent survey by the Pew Research Center shows it: Sixty percent of Americans said they would be uncomfortable with their provider relying on artificial intelligence (AI) in their own health care. But when used responsibly, artificial intelligence can […]
CMS proposed a new rule for the fiscal year 2024 Inpatient Prospective Payment System (IPPS) increased hospital payment rates up to 2.8%. Also, the newly proposed IPPS rule adopts policies that are aimed at advancing health equity. Under CMS’s new FY24 IPPS rule, hospital market basket update of 3.0 percent, less a projected 0.2 percentage […]
Healthcare Providers Turn to Outsourcing for Revenue Cycle Management Amid Workforce Shortages In an effort to enhance cash flow and improve patient care, healthcare providers are increasingly seeking reliable vendors to outsource their Revenue Cycle Management (RCM) services. A study reveals that many providers are outsourcing RCM processes to address staffing shortages and financial challenges. […]
You won’t find these codes in your 2023 code books, but they are effective April 1. The Centers for Medicare & Medicaid Services (CMS) has released coding changes and policy updates for the Outpatient Prospective Payment System (OPPS). The updates include the addition of many new HCPCS Level II codes, the deletion of a few […]
Learn the top trends in rehabilitation for 2023 and hear from Rehabilitation and Behavioral Health President on how these trends are expected to impact hospitals. COMBATING THE ONGOING WORKFORCE CRISIS Recruiting and retaining clinical talent remains a top priority, according to a recent healthcare executive survey. Three key factors fueling this ongoing shortage include: – […]










