Hospitals Must Post Standard Charges by 2021
In a Final Rule released Friday, November 15th, CMS implemented the majority of its price transparency proposals but gave hospitals an extra year to comply. By January 1st, 2021, hospitals must: Post standard charges for all items and services, which include: Gross chargemaster prices Payer-specific negotiated rates (which must also be labeled by plan) Discounted […]
How the Healthcare Supply Chain Can Impact the Patient Experience
At first glance, the impact supply chain has directly on the patient experience may seem more obscure than unequivocal. Certainly, the supply chain often plays an important role in ensuring positive clinical outcomes—through proper vetting of new devices and holistic value analysis efforts, for example—and containing care costs, but these factors are often not characterized […]
How Do I Get My Patients to Stop Avoiding Their Mammograms?
October is Breast Cancer Awareness month and a perfect time for organizations to reexamine their screening protocols and how they encourage this service among patients. This is especially important, because improving screening rates helps facilitate early detection of breast cancer, which greatly improves their odds of beating the condition. While the U.S. Preventive Services Task […]
Are You Compliant With Medicare Reporting for Medical Device Credits?
In recent years, medical device credit payments have been closely examined by the Centers for Medicare & Medicaid Services, as many hospitals have been found non-compliant with reporting requirements. For instance, the Office of Inspector General released a report in 2018 highlighting more than 200 health systems in the United States that did not fulfill […]
Where Did All My Patients Go?
Hospitals are constantly trying to keep track of where patients in the region are being referred for care. Are they being referred to other organizations? What types of services are needed to fully serve the community? Through HBI’s Patient Flow solution, all these questions can be answered by leveraging real world data. Real world data […]
3 Successful Data-Driven Approaches to Spotting Sepsis
It should come as no surprise that one of the key factors in combating sepsis is recognizing it early on. To lay the ground for further improving sepsis recognition, the Surviving Sepsis Campaign (SSC) revised its guidelines, which primarily combine the 3-hour and 6-hour bundles into a single “hour-1 bundle.” This new bundle calls for […]
Will You Be an HBI Revenue Cycle Award Winner?
There’s still time to earn your revenue cycle team the recognition they deserve! HBI has extended its 2019 Revenue Cycle Study and Awards deadline due to high interest to Friday, December 13. Click here to download the survey. The survey lists the metrics that HBI will examine as indicators of revenue cycle health, and definitions and […]
3 Steps to Better Supply Spend Management for Stroke Centers
Stroke centers incur significant supply spend due to expensive stroke device investments and by providing 24/7 neurosurgical coverage. Effective management of supply spend enables stroke centers to drive innovation, provide quality care, and increase profits. To achieve effective management, hospitals can facilitate collaboration between stroke leadership, supply chain teams, and physicians to choose the best […]
Expanding the Use of Telemental Health
An increase in the use of telemedicine can be witnessed across the country, with a growing number of physicians getting involved in these services. According to a recent study on physician interest in telemedicine—which was published by Doximity—physicians reporting telemedicine as a skill they currently possess has almost doubled within a span of three years. […]