Developing a Best-Fit Staff Discount for Healthcare Treatment Costs

Date: September 26, 2016
Category: Revenue Cycle

Many healthcare providers offer discounts on treatment to staff members in addition to health benefits packages, potentially incentivizing them to consider their employers as partners in their care. However, there is significant variation throughout the industry as to the amount of discounts and the circumstances in which staff may use them. To help providers develop […]

Assessing Compliant Practices in the Collection Vendor Space as 501(r) Becomes Enforceable

Date: September 23, 2016
Category: Revenue Cycle

Ensuring collections processes are in line with 501(r) may pose a challenge for many non-profit healthcare organizations, since many providers outsource unpaid accounts and have to rely on a third party for compliance. As noted in the Final Rule, organizations may be liable for vendor noncompliance unless “a hospital facility acts reasonably and in good […]

Freight Management: Do You Have a Handle?

Date: September 21, 2016
Category: Supply Chain

How many provider supply chain leaders have a firm understanding of what their organization spends to bring goods to their docks? How many have considered the possibility that vendors are grossly overcharging for shipping? Freight management is a topic that often gets short shrift from materials managers. There are several reasons. Inbound logistics costs in […]

More Than Clean: How a Great Environmental Services Team Can Improve HCAHPS Scores

Environmental services staff members are the unsung heroes of patient care. Their work is often performed in the background, creating a clean and comfortable space with little fanfare. But when an organization takes time to recognize the impact environmental services has on quality of care and invests in it commensurately, patients win, clinicians win, and […]

CMS’s Shift to Reimbursing for Value: Understanding the Merit-Based Incentive Payment System

Date: September 15, 2016
Category: Revenue Cycle

As part of its ongoing effort to transition to value-based reimbursement, the Centers for Medicare & Medicaid Services (CMS) secured approval for the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), which will significantly affect physicians and medical practices. This legislation repealed the Sustainable Growth Rate methodology (replacing it with annual 0.5% rate increases […]

Accomodating More Than 5,500 New ICD-10 Codes

Date: September 13, 2016
Category: Revenue Cycle

It seems the ICD-10 implementation is not quite over for healthcare providers, according to an announcement made by the Centers for Medicare & Medicaid Services (CMS). Given previous delays in the ICD-10 go-live date, what are intended to be regular, more wide-scale updates to the code set (accounting for new procedures, diseases, or technology) have […]