Healthcare Costs Archives - Page 2 of 5

August 11, 2023
Blog, Medical Billing
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Healthcare Legislation Must Enforce Hospital Price Transparency Rule

Last week, during the onset of the summer recess, the House Ways and Means Committee introduced a healthcare reform bill. Regrettably, this legislation lacks the same potential impact as the competing bill presented by the House Energy and Commerce Committee, known as the Patient Act. What are the shortcomings of this new bill? It falls […]

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Enhancing Payment Integrity With AI To Eliminate Surprise Bills

It’s common for people to feel surprised by the cost of hospital, medical imaging, or outpatient surgery bills. Unfortunately, it’s difficult for them to verify whether the bill is accurate or not. This is because incorrect medical bills have become increasingly common. To address this issue, organizations are turning to technologies such as artificial intelligence […]

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January 25, 2023
Blog, Healthcare IT News
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Expanded Telehealth Services Won’t Lower Healthcare Costs

Contrary to widespread hopes, the growth in telehealth brought on by the COVID-19 pandemic probably won’t lower health care costs. But it may make some services more widely accessible. A new Kaiser Family Foundation study compares average 2020 commercial insurance payments for evaluation and management and mental health therapy claims for services provided via […]

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Inflation Driving Financial Challenges for Consumers

Almost a third of consumers cited inflation as their top reason for being concerned about covering unexpected healthcare costs. More than 70 million adults feel unprepared to pay for healthcare costs, while health systems are facing a tight labor market and ongoing supply chain issues, highlighting the financial repercussions of inflation in the healthcare industry. […]

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Breaking the High Tech/High Cost Connection to Support Better Health Equity

Healthcare costs continue to rise in this country. Healthcare spending totaled $3.8 trillion in 2019, $11,582 per person. In 2028, it projects that spending will rise to $6.2 trillion, or $18,000 per person. These increases are happening at the same time the COVID-19 pandemic revealed systemic inequities in health equity, and how difficult it is […]

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Biden Administration Shares Latest Round of HHS Staff Appointments

Today the Biden Administration announced its latest group of appointments to the Department of Health and Human Services. The new appointees join tens of thousands of career officials throughout the agency at a time when expertise is critical to tackling the ongoing COVID-19 pandemic. WHAT’S THE IMPACT? Kristina Schake will serve as HHS Secretary Xavier Becerra’s […]

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Hospital Revenue Cycle IT Budgets to Take a Hit After COVID-19

A new analysis uncovers hospital projections over the next 12 months, including plans for revenue cycle IT budgets and payer mix changes. More hospitals and health systems are planning to decrease revenue cycle IT budgets over the next 12 months, as leaders manage payer mix and other changes post-pandemic, according to a new analysis. Provider […]

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September 17, 2020
Blog, Hospital, Revenue Cycle Management
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Preparing for Hospital Price Transparency Rule Compliance

In the latest Healthcare Strategies podcast, a healthcare lawyer explores hospital price transparency rule compliance and different strategies for solving the healthcare cost problem for patients. A global pandemic may not be enough to stop one of CMS’ more controversial rules from taking effect in just a couple of months. On January 1, 2021, […]

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March 3, 2020
Blog, Medical Billing, Revenue Cycle Management
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New Healthcare Price Transparency Rule – The Best, Worst, and Most Realistic Case Scenarios

The American Hospital Association has filed a lawsuit to block the rule. On Nov. 15, 2019, the Trump Administration proposed a new healthcare price transparency rule that would basically require hospitals to explain how much a medical service would cost before a patient receives treatment. This rule is due to become effective in January 2021. The […]

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November 28, 2019
Blog, Healthcare News
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Exploring MIPS 2020: Keys for Physicians To Know

In August, the Centers for Medicare & Medicaid Services (CMS) announced proposed modifications to the Merit-Based Incentive Payment System (MIPS). As physician practices work to understand what’s changed, there are certain aspects of which they need to be aware. The following sections provide key takeaways and offer strategies for meeting the coming year’s requirements. Threshold […]

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Tag: Healthcare Costs

Healthcare Legislation Must Enforce Hospital Price Transparency Rule

Enhancing Payment Integrity With AI To Eliminate Surprise Bills

Expanded Telehealth Services Won’t Lower Healthcare Costs

Inflation Driving Financial Challenges for Consumers

Breaking the High Tech/High Cost Connection to Support Better Health Equity

Biden Administration Shares Latest Round of HHS Staff Appointments

Hospital Revenue Cycle IT Budgets to Take a Hit After COVID-19

Preparing for Hospital Price Transparency Rule Compliance

New Healthcare Price Transparency Rule – The Best, Worst, and Most Realistic Case Scenarios

Exploring MIPS 2020: Keys for Physicians To Know

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