Mastering Defensible Pricing in the Era of Price Transparency
/in Expert Opinions, Featured /by Panacea InsightsIn an era where data-driven scrutiny and patient-centered decision-making converge, the importance of defensible pricing in healthcare cannot be overstated. By strategically aligning prices with actual costs and market dynamics, providers can weather the storm of price transparency and emerge as leaders in a landscape defined by trust, competitiveness, and financial sustainability.
Panacea to Host Live Webinar on the CMS 2024 OPPS Proposed Rule on Price Transparency
/in Blog Sidebar, Featured, News, Press Releases /by Panacea InsightsRegister today to learn about the critical implications of the CMS OPPS Proposed Rule on Price Transparency Changes for 2024. Choose from two dates: Tuesday, August 22, or Thursday, September 14, from 11 a.m. to 12 p.m. (CDT).
Mergers + Acquisitions: Is Your Chargemaster Strategy Sound?
/in Featured, Revenue Integrity /by Panacea InsightsExpansion—through mergers, acquisitions, joint ventures and other strategic partnerships—has become an important tool in a hospital’s strategic wheelhouse. As your footprint expands to encompass the entire continuum of care, how do you ensure your chargemaster strategy is sound and consistent?
Exclusion Screening Requirements for Healthcare Entities: Ensuring Compliance and Protecting Your Organization
/in Auditing & Compliance, Expert Opinions, Featured /by Panacea InsightsIn the ever-evolving landscape of healthcare regulations, one crucial aspect that healthcare entities must prioritize is exclusion screening.
Panacea Launches RateAnalyzer: A Benchmarking Tool to Negotiate Favorable Payer Contracts
/in Blog Sidebar, Featured, News /by Panacea InsightsPanacea Healthcare Solutions is proud to announce the launch of RateAnalyzer™, a benchmarking tool designed to provide actionable insights for negotiating favorable payer contracts using price transparency data.
Panacea to Unveil Innovative Product RateAnalyzer at HFMA National Conference in Nashville, TN, June 25–28
/in Blog Sidebar, Featured, News /by Panacea InsightsPanacea is excited to announce its participation in the HFMA National Conference, taking place in Nashville from June 25 to June 28, 2023. The company will be exhibiting at booth number 1115, where it will launch its latest groundbreaking product, RateAnalyzer™.
10 Steps for Failsafe Charge Data Management
/in Expert Opinions, Featured /by Panacea InsightsBusy revenue cycle teams often overlook the basic steps of charge data management to attend to more urgent priorities. These proven steps covered in this article are pivotal to keeping “charge data management” a key operational priority.
E&M Payment Policy Changes Drive Modest Reduction in Specialist/Primary Physician Pay Gap
/in Blog Sidebar, Featured, News /by Panacea InsightsHave the federal payment policy adjustments implemented in 2021 meaningfully reduced the pay gap between specialists and primary care physicians (PCPs)? A recent JAMA study appears to have yielded the answer: yes—but not by nearly enough.
Transcatheter Valvular Procedure Code Set Updates
/in Expert Opinions, Featured /by Panacea InsightsOver the last decade, one of the most exciting areas of development in healthcare has been the growth of structural heart and interventional cardiology programs—specifically, the advancement of transcatheter valvular procedure techniques. As the ability to treat a larger population using these novel techniques expands, so must our understanding of the nuances involved in navigating the current rules and regulations from both the clinical and revenue cycle perspectives.
Eight Steps to Reveal Incremental Revenue and Reduce Risk Related to “Lesser-of” and “Stop-Loss” Contract Clauses
/in Featured /by Panacea InsightsRestructuring a hospital’s chargemaster in this era of transparent pricing often results in material increases and decreases in line item charges to align with market norms, unit costs, or a hybrid thereof. Learn how your organization can enhance its financial performance in this environment.
Maintaining the Health of Your Radiology Information System (RIS)
/in Auditing & Compliance, Featured /by Panacea InsightsA healthy RIS is a critical component of a healthcare facility. Make sure that yours is working the way it should to avoid lost reimbursement and reduce the risk of compliance issues.