Healthcare Revenue Cycle Management, ICD-10, Claims Reimbursement, Medicare, Medicaid

Practice Management News

New Docs Don’t Use Social Media for Healthcare Recruiting, Jobs

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While we seemingly cannot avoid Facebook, Twitter, LinkedIn, and other sites, healthcare organizations may want to reconsider using these social media sites for healthcare recruiting and employment opportunities. A recent CompHealth...

AAMC Projects Physician Shortage to Reach 120K Doctors by 2030

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Physician demand continues to outpace supply, resulting in a new physician shortage projection of up to 120,000 doctors by 2030, the Association of American Medical Colleges (AAMC) recently reported. The most recent analysis by the Life...

Real-Time Insights into Nursing Workflow Maximizes Productivity

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An elderly patient presses the nurse call button to get assistance with standing up and using the toilet, while another patient in the next room presses the button to get help with changing the TV channel. Further down the hall, lights...

Healthcare Mergers, Consolidation Increase Patient Safety Risks

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Healthcare mergers and acquisitions, institutional affiliations, shared service agreements, and other healthcare consolidation activities may help organizations realize economies of scale and other financial benefits. But a recent JAMA...

3 Strategies to Decrease Low-Value Care, Healthcare Costs

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Low-value care, or care for which the potential harm outweighs the possible benefits or there are little to no benefits, is unnecessarily driving up already high healthcare costs and putting providers at risk under value-based...

Healthcare Fraud Allegations Spur $3.2M Settlement for Providers

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A group of five provider organizations specializing in orthopedic surgeries or anesthesiology recently paid $3.2 million to the federal government to resolve healthcare fraud allegations involving kickbacks, the Department of Justice (DoJ)...

OR Efficiency, Machine Learning Boosts UCHealth’s Revenue by $10M

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Moving from traditional block scheduling for the operating room (OR) to more of a service-based system that used machine learning maximized OR efficiency and increased revenue by $10 million across UCHealth’s University of Colorado...

Healthcare Mergers, Acquisitions Activity Strong in Q1 of 2018

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Healthcare mergers and acquisitions are off to a strong start after ending a record-breaking year in 2017. Merger and acquisition activity was up 13 percent in 2017 compared to the previous year, marking the highest number of recorded...

CA Sues Sutter Health Over Healthcare Cost, Competition Concerns

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California’s Attorney General Xavier Becerra recently announced that the state filed a lawsuit against Sutter Health that accuses the largest health system in Northern California of engaging in anticompetitive behavior that resulted...

69% of Providers Delayed Care Over Hospital Supply Chain Shortages

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A new Cardinal Health survey revealed hospital supply chain shortages are impacting patient care, particularly in the operating room (OR). The survey of over 300 frontline clinicians, operating room supply chain decision-makers, and...

Hospital Care at Home Cuts Healthcare Costs in Half at MA Hospital

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Healthcare costs for an acute care episode were 52 percent lower when acutely ill patients received hospital care at home, rather than being placed in a hospital bed, according to a recent study in the Journal of General Internal...

Data Analytics Top Healthcare Supply Chain Priority in 2018

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Harnessing the power of data analytics to inform decision-making continues to be the number one healthcare supply chain outcome provider organizations hope to achieve in 2018, a recent Global Healthcare Exchange (GHX) survey found. The...

Oncologists Charge 9 to 51% More for Physician-Administered Drugs

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Median charges for physician-administered drugs covered under Medicare Part B were 9 to 51 percent higher at the oncologist than other specialty offices, researchers from Memorial Sloan Kettering Cancer Center and Johns Hopkins University...

Transforming the Hospital Laboratory into a Profit Center

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Hospital and health system executives are missing an opportunity to maximize revenue cycle and operational success by viewing the hospital laboratory as a cost, rather than profit, center, explained Charles Wilson, MHA, Vice President of...

Price Transparency Crucial to Healthcare Consumerism Success

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Providers should brace their practices for the rise and permanence of healthcare consumerism, a new brief from Rice University’s Baker Institute for Public Policy stated. Healthcare consumers are expecting their experiences with...

Advocate, Aurora Hospital Merger Deal Earns Regulatory Approval

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Federal and state authorities recently gave the proposed hospital merger between Illinois-based Advocate Health Care and Wisconsin-area Aurora Health Care the greenlight, the health systems announced in a joint press release. The health...

Fewer Hospitalizations Reduced Skilled Nursing Facility Use by 15%

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Skilled nursing facility (SNF) utilization has declined 15 percent from 2009 to 2016, a new Avalere analysis revealed. The analysis of Medicare fee-for-service claims revealed that SNF utilization dropped from 1,808 SNF days per 1,000...

Hospitals Acquired 5K Independent Practices from 2015 to 2016

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Hospital acquisitions of independent practices continued, with another 5,000 physician practices acquired by hospitals from July 2015 to July 2016, a recent Physicians Advocacy Institute (PAI) and Avalere Health analysis showed. The...

NPs, PAs, and Lay Workers Address Physician Shortage, Reduce Costs

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For hospitals facing a physician shortage, nurse practitioners, physician assistants, and health lay workers may be the key to providing high-quality care at lower costs, according to recent research. The physician shortage is expected to...

Healthcare Staffing, Recruiting a Major Problem for Hospitals

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Healthcare staffing remains a problem for hospitals, with almost 31 percent reporting that they cannot find enough candidates to fill open positions, a recent survey of over 200 hospital C-suite executives, administrators, and human...

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