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Key Ways to Improve Claims Management and Reimbursement in the Healthcare Revenue Cycle

April 12, 2016
To keep pace with changes to healthcare reimbursement, hospitals and healthcare organization need to reduce inefficiency in revenue cycle management. Reimbursement is changing in healthcare. Even before elements of the Affordable Care Act began to go into effect, a growing focus on value- based

Accretive Health Q4 revenue hits $68.3M, Access Healthcare launches 9th RCM center & more – 6 RCM company key notes

March 18, 2016
Here are six recent news updates on key healthcare revenue cycle management companies. Access Healthcare, a provider of end-to-end healthcare revenue cycle services, is introducing automation in its platform. Access Healthcare launched its ninth global delivery center in Coimbatore, India.

ICD-10 to get 5,500 new codes, including ones for face, hand transplants, CMS says

March 17, 2016
On Oct. 1, the Centers for Medicare and Medicaid Services will add another 5,500 codes to the ICD-10 diagnostic library, officials announced in a March 9 meeting. The addition will come exactly one year after ICD-10, with its nearly 70,000 billable codes, replaced the dated, and much more compact,

layton Williams Energy Announces $350 Million Term Loan from Funds Managed by Ares Management

March 11, 2016
MIDLAND, Texas–(BUSINESS WIRE)–Clayton Williams Energy, Inc. (the “Company”) (NYSE:CWEI) announced today that it has entered into a credit agreement with certain funds managed by Ares Management, L.P. (NYSE: ARES) (the “Lenders”) providing for the Lenders to make secured term

Retail health clinics aren’t cutting healthcare costs: 8 observations

March 10, 2016
Retail health clinics may be increasing health costs, instead of lowering them, based on a Boston-based Harvard Medical School study, according to CNBC. Health Affairs published the study. The researchers analyzed visits for 11 types of “low-acuity” conditions. Here are eight

Latest Results: HBMA’s ICD-10 Benchmark Survey: Three Rev Cycle Companies Shuttered

March 9, 2016
In February, the Healthcare Billing and Management Association (HBMA) surveyed its members seeking information on current claims statuses as well as their experiences with ICD-10 implementation. Many responses were as predicted, some were consistent with other industry reporting, some confirmed

Assessing your ICD-10 Transition

March 9, 2016
It is time to perform an assessment of your facility or practice in order to evaluate your ICD-10 progress and to uncover potential issues that might affect productivity, risk, or cash flow. Also, by conducting an assessment, you can identify opportunities for improvement, additional training

Ohio-Based Radiology Group Enters New Practice Management Partnership with Zotec Partners

March 9, 2016
Zotec Partners (Zotec), the industry leader in radiology revenue cycle and practice management services, announces a practice management agreement with Toledo Radiological Associates (TRA), an Ohio-based radiology group with 34 highly specialized board-certified radiologists. In the extended

What’s The Deal With All The Doctor Paperwork?

March 8, 2016
Ah, paperwork, paperwork, paperwork… Can’t be too demanding, right? According to Dr. Bob Doherty as blog KevinMD states, primary care physicians spend 3.5 hours per week on paperwork, with surgeons spending 2.1. Of course, this excludes the support of the staff who complete around 7 hours of

Ohio Governor John Kasich Signs Bill to De-fund Plan Abortion Biz,Cuts $1 Million

March 7, 2016
Ohio Governor John Kasich today signed a bill that will de-fund Planned Parenthood, which runs approximately one-third of the abortion centers in the Buckeye State. After the Planned Parenthood abortion company was caught in multiple states selling aborted babies and their body parts, several
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