Practice Management News and Resources for Healthcare - Page 9

Electronic Payment Key to Streamlining Healthcare Claims Management

January 17, 2022 by Zelis

The complexity around healthcare claims management is a major pain point for provider organizations, big and small. The increasing cost of claims coupled with a complex system of many payers, each with...

40 Hospitals in NY Forced to Stop Elective Surgery As COVID-19 Surges

January 11, 2022 by Jacqueline LaPointe

Forty hospitals in New York must stop all in-hospital elective surgeries as the state battles rising levels of COVID-19, the state’s Department of Health announced over the weekend. The order...

Why Claims Payment Optimization is Crucial for Providers

January 10, 2022 by Zelis

Claim payment is one of the most important steps in the claims management process. Healthcare providers rely on this step to keep their operations running smoothly for patients. But while claim payment...

New Contract Ends Record 301-Day Nursing Strike Over Staffing Issues

January 05, 2022 by Sarai Rodriguez

According to the Massachusetts Nursing Association (MNA), the longest nurses strike in Massachusetts history over staffing concerns came to a long-awaited end when St. Vincent Hospital nurses ratified...

Healthcare Employment Faces a Long Recovery After Pandemic

December 14, 2021 by Sarai Rodriguez

Declines in both healthcare employment and revenue because of the COVID-19 pandemic spell trouble for providers, a recent analysis by Peterson-KFF indicates. In previous years, healthcare...

Study: 30% of Healthcare Workers Not Fully Vaccinated

November 24, 2021 by Sarai Rodriguez

An estimated 30 percent of healthcare workers were not fully vaccinated against COVID-19 as of September 2021, according to a CDC analysis published in the American Journal of Infection Control. The...

Private Equity Nursing Homes Linked to Lower Quality, Higher Costs

November 23, 2021 by Sarai Rodriguez

According to a JAMA Health Forum study, nursing homes acquired by private equity firms have been associated with lower quality long-term care and higher Medicare costs in comparison to for-profit...

Private Equity-Backed Air Ambulances Major Culprit of Surprise Bills

November 19, 2021 by Sarai Rodriguez

Prior to The No Surprise Act, many air ambulance rides left patients at risk for receiving a surprise bill, according to a USC- Brookings Schaeffer Study. The air ambulance market has...

Medical Group Revenue Declines Underscore Need for Efficiency

November 15, 2021 by Sarai Rodriguez

AMGA’s 2021 Medical Group Operations and Finance Survey finds that medical group revenue and expenses fell due to a decrease in volume caused by the COVID-19 pandemic. The survey found that...

Few Physicians Accurately Estimate Patient Out-of-Pocket Costs

November 10, 2021 by Sarai Rodriguez

A study published in JAMA Network Open finds that very few physicians can accurately estimate patient out-of-pocket costs for medication filling. The study surveyed 371 primary care physicians to...

HFMA Annual: Finance Leaders Need to Change the Culture of Medicine

November 09, 2021 by Jacqueline LaPointe

Healthcare finance leaders can help to fix a broken healthcare system—one in which costs are high and outcomes are poor—by changing the culture of medicine, according to Robert Pearl, MD,...

Over One Third of Physicians Disagree with COVID Vaccine Mandate

November 08, 2021 by Sarai Rodriguez

The Adaptive Medical Partners (AMP) conducted survey of over 1,000 physicians and clinicians from their network to gather insight regarding the impact of the COVID-19 vaccine mandate for healthcare...

Healthcare Expenses Continue to Rise, While Hospital Volumes Decline

November 01, 2021 by Jacqueline LaPointe

Healthcare expenses continue to rise across the board as both hospitals and physician groups deal with pandemic-related impacts on financial performance, according to two new reports from healthcare...

Value-Based Payment Models May Help Hospitals Prepare for Surges

October 07, 2021 by Victoria Bailey

Hospitals and health systems can implement value-based payment models to ensure preparedness for seasonal and pandemic capacity surges, according to industry experts. Hospitals experienced increased...

Health Centers Get $1B in Federal Funds to Modernize Facilities

September 29, 2021 by Jacqueline LaPointe

The Biden-Harris Administration recently announced $1 billion in awards to health centers for modernizing their facilities. Approximately 1,300 health centers funded by the Health Resources and...

Physician Practice Interruption Increased Due to COVID-19 Pandemic

September 24, 2021 by Victoria Bailey

Physician practice interruptions, like declining patient volumes and claims submitted, were abundant in 2020 compared to the previous year, likely due to the COVID-19 pandemic, according to research...

Healthcare Bankruptcies on the Decline Despite Ongoing Pandemic

September 03, 2021 by Jacqueline LaPointe

Healthcare bankruptcies made an unprecedented decline this past quarter despite ongoing operational and financial pressures from the ongoing COVID-19 pandemic, according to a new report. What is...

Top 3 Practice Management Strategies for Ongoing Success

August 30, 2021 by Jacqueline LaPointe

Physician practices are up against a changing healthcare environment, and one that has made it harder to survive. Declining reimbursement rates, industry consolidation, and new sites of care delivery...

Nursing Home Staff Must Get Vaccinated or Risk Medicare Funding

August 23, 2021 by Jill McKeon

Nursing home staff must get vaccinated against COVID-19 or risk losing Medicare and Medicaid funding, President Biden announced Wednesday. The announcement comes at a time when healthcare worker...

Americans Agree Nurse Compensation is Too Low, Execs Overpaid

August 17, 2021 by Jill McKeon

The majority of Americans on both sides of the political spectrum agree that nurse compensation is too low, according to a recent poll conducted by the University of Chicago Harris School of Public...