Insights and Innovations in Revenue Cycle Management
CY 2025 Medicare Physician Fee Schedule: Key Updates
On November 1, 2024, the Centers for Medicare & Medicaid Services (CMS) released the final rule for the CY 2025 Medicare Physician Fee Schedule (PFS), outlining critical updates that will impact Medicare Part B payments starting January 1, 2025. These updates are...
The Nation’s Search for a Solution to Surprise Billing Continues
Surprise medical bills have been a contentious healthcare issue, creating patient stress and complications for providers. Despite recent legislative efforts to address the problem, the nation is still grappling with finding a comprehensive and effective solution. As...
Maintaining Patient Loyalty in the Face of Rising Costs
In today’s challenging economic environment, rising costs are affecting both healthcare providers and patients. With inflation impacting everything from medical supplies to staffing, patients are also feeling the pinch in their out-of-pocket expenses. Amid these...
Top 9 Metrics Every Freestanding ER Should Track
Freestanding emergency rooms (ERs) are vital healthcare facilities providing critical care services outside the traditional hospital setting. To ensure their efficiency and profitability, freestanding ERs must monitor key performance metrics. Tracking the right...
Top Strategies to Improve Medical Billing Efficiency
Medical billing is a critical component of the healthcare revenue cycle. When managed effectively, it can improve cash flow, reduce denials, and streamline operations. However, inefficiencies in medical billing can lead to delays, errors, and a decrease in revenue,...
7 Ways Coding Automation Can Help Capture Reimbursement
In today’s fast-paced healthcare environment, ensuring accurate coding is critical for capturing appropriate reimbursement. As coding guidelines continue to evolve, healthcare providers are increasingly turning to coding automation to enhance efficiency, accuracy, and...
Rising ER Wait Times Reflect Larger Health System Challenges
Emergency room (ER) wait times are on the rise across the U.S., signaling deeper systemic issues in the healthcare industry. Despite a 12% decline in ER visits from 2019 to early 2022, the median time patients spend in the ER has increased from 2 hours and 15 minutes...
The Power of Analytics in Improving Healthcare Services
In today's rapidly evolving healthcare landscape, data analytics has emerged as a powerful tool for driving innovation and improving patient care. By leveraging the power of analytics, healthcare providers can gain valuable insights into their operations, patient...
Interested in Learning More?
Contact us today to learn more about how we can assist you further.