Financial/Revenue Cycle Management

With an eye toward taking the healthcare supply chain to new levels, UPMC on July 8 launched Pensiamo, a new company whose goal is to help hospitals improve the supply chain, where costs are high and getting higher.

3M Health Information Systems has added another physician workflow and analytics tool to its 360 Encompass MD repertoire with its newest tool: Patient Insights Suite. It was announced today at HFMA ANI in Las Vegas.

The physician practice association offered recommendations for the Merit-Based Incentive Payment System and Alternative Payment Models proposed by MACRA – including a reduction of reporting requirements across MIPS.

Payers reject 6.4 percent of claims on the first go-round, company data show.

The defendants, 61 of them clinicians, are being charged with various crimes, including conspiracy, violations of anti-kickback statutes, money laundering and aggravated identity theft.

The nonprofit credits Medicaid expansion under the Affordable Care Act as reducing spending by $1 trillion, while Medicare and private health spending estimates are also lower. 

$20 million will be given each year, for the next five years, to provide training and education for Medicare clinicians.

New research from Peer60 found that many hospitals are focusing on effective revenue cycle management operations as they try to figure out emerging payment models.

At the HIMSS Big Data and Healthcare Analytics Forum, design and data visualization guru Teresa Larsen shows how to present information clearly, accurately and attractively.

The newly formed company aims to help providers navigate from fee-for-service to value-based care and offer revenue cycle and analytics tools to make the transformation more effective.