Physicians Hail New York’s Surprise Billing Law as a Success
A surprise billing law implemented in New York four years ago is being considered a success according to the state’s Department of Financial Services. In a report released earlier this month,...Hospitals Looking Beyond EHR to Improve Revenue Cycle Performance
Over 60 percent of hospitals and health systems are not realizing optimal value from their EHR system, causing the organizations to collaborate with other vendors and outsourcing companies to improve...Price Transparency, Consumerism Top Issues for Healthcare Execs
Leaders from payer and provider organizations are developing strategies to address rising healthcare costs in 2020 through price transparency and more consumer-focused initiatives, according to...Healthcare CFOs Look Forward to Value-Based Care, Consumerism
Chief financial officers are an organization’s financial gatekeeper, looking back at data to understand company performance, set and keep budgets, manage risk, and track cash flow. While these lookbacks ensure the company remains...How Healthcare Price Transparency Can Cuts Costs, Improve Value
Market-wide healthcare price transparency is a key way to increase the value of healthcare spending, according to a new study from the Harvard T. H. Chan School of Public Health. Published in the...Expanded Hospital Price Transparency Rules Worry Half of Providers
Nearly half of providers recently polled by PMMC and Chilman Law Firm said publishing their negotiated rates with private payers were their biggest concern related to the Trump Administration’s...Patient Financial Experience Improving, But More Work to Be Done
Even the country’s top health systems have room to improve the patient financial experience to boost revenue cycle performance, according to a new study by The Health Management Academy for...Non-Profit Hospitals Sue to Get Patient Financial Responsibility
Non-profit hospitals are more likely to sue patients and garnish their wages to collect overdue patient financial responsibility, according to a case study recently published in JAMA. Researchers from...Developing a Patient Collection Strategy for a Growing Health System
Hospital mergers and acquisitions have the potential to improve affordability, care access, and innovation. But rapid growth has not necessarily helped patients pay their growing financial...Healthcare Price Transparency Order May Up Prices, Hospitals Warn
Public disclosure of negotiated contracts rates is a step in the wrong direction for healthcare price transparency, major hospital and payer groups are saying in response to a newly signed executive...Patient Financial Responsibility Increased 12% from 2017 to 2018
Patient financial responsibility increased by 12 percent for inpatient, outpatient, and emergency department care in 2018 despite consumers transitioning to lower cost settings, revealed a new...White House to Issue Healthcare Price Transparency Next Week
The Trump Administration will issue an executive order on healthcare price transparency on Monday, according to the Wall Street Journal. Stephanie Armour reports that the Trump Administration...Cigna CEO: Healthcare Consumer Experience Key to Transformation
NASHVILLE - Enhancing the healthcare consumer experience is the task currently in front of healthcare payers and providers, according to David M. Cordani, president and CEO of Cigna...Sponsored by MD Clarity
