Hospitals have just a few months to ensure their prices are rational and defensible to meet the January 1, 2019 deadline. St. Paul, MN—August 9, 2018—Panacea, a leading provider of mid-revenue cycle management, innovative software and enterprise-level educational solutions announced today that despite industry push-back during the comment period, the CMS Final Rule requires hospitals […]
https://insights.panaceainc.com/wp-content/uploads/2018/04/INSIGHTS_604x402__PressRelease032818.png402604Paula Schmidthttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPaula Schmidt2018-08-09 07:50:012018-08-09 07:55:02Panacea Responds to CMS Final Rule Effective October 1, 2018 Requiring Hospitals to Publish their Chargemaster via the Internet
The push for health care price transparency is nothing new and can be traced back almost 20 years. When CMS released their proposed 2019 Inpatient Prospective Payment System (IPPS) rules including “requirements for hospitals to make public, a list of their standard charges via the internet”, it further underscored CMS’ continued effort for hospitals and […]
https://insights.panaceainc.com/wp-content/uploads/2018/01/10_Article_RationalizeCDM.jpg402604Paula Schmidthttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPaula Schmidt2018-08-06 10:53:302018-08-06 10:53:30Webinar: Debunking the Myth: Why Charges Still Matter in the Age of Pricing Transparency
https://insights.panaceainc.com/wp-content/uploads/2018/07/international-classification-of-diseases-and-related-health-problem-picture-id826308970.jpg156233Paula Schmidthttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPaula Schmidt2018-07-26 11:45:442018-07-26 11:45:44It’s that time of the year! The 2019 ICD-10 CM and PCS code changes have been released.
Is your revenue integrity program performing at full capacity? Perhaps more important, do you have a revenue integrity program (or department) at all? A survey conducted by the Healthcare Financial Management Association (HFMA) reports that less than half (44%) of providers contacted have a revenue integrity department to track accurate coding and charge capture, establish […]
Lehi, Utah, Panacea, a leading provider of mid-revenue cycle management, smart software and enterprise-level educational solutions, will unveil its enhanced strategic pricing system at the 2018 Healthcare Financial Management Association (HFMA) annual conference, June 24–27 in Las Vegas. Panacea’s strategic pricing system, Hospital Zero-Base Pricing®, will provide unparalleled functionality, speed and reporting capabilities for large […]
Written By: Fred Stodolak, Executive Vice President, Mark Spehar, Senior Vice President, Financial Services, Henry Gutierrez, Vice President, Financial Services There is an increasing debate surrounding CMS FY2019 IPPS proposed rule, published April 24, that would require hospitals “to make public a list of their standard charges via the internet.” Discussions around this topic have […]
https://insights.panaceainc.com/wp-content/uploads/2018/06/PricingTransparencyiStock-491205902.jpg402604Paula Schmidthttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPaula Schmidt2018-06-14 09:23:392018-06-20 08:38:48Does your organization have a strategic plan to address CMS FY19 IPPS proposed rule that requires hospitals "to make public their standard charges via the Internet?"
May 23, 2018—Panacea, a Career Step company and leading provider of revenue cycle management, smart software and enterprise-level educational solutions, is pleased to announce that after a rigorous review, the Healthcare Financial Management Association (HFMA) has awarded Panacea’s CDMauditor® Hospital Zero-Base Pricing® its “Peer Reviewed by HFMA” designation. Panacea’s Comparative Hospital Data™, Unit Cost Estimator, […]
By training coders who already are on staff, hospitals leverage institutional knowledge and build career paths. Changes in payment policies, laws, and regulatory oversight are forcing healthcare organizations to respond to increased regulatory scrutiny and audits. Medicare audits have increased by 936 percent in the past five years*. Ad hoc inpatient audits are no longer enough […]
Lehi Utah, May 10, 2018 Panacea announced today that their Hospital Zero-Base Pricing® system will align with the proposed IPPS rules for FY 2019 released by the Center for Medicare and Medicaid Services (CMS). The proposed rules issued by CMS on April 24 require healthcare organizations to publish their “standard charges” online by January 1, […]
We had a great time at HCCA’s Compliance Institute conference in Las Vegas and enjoyed meeting everyone. It’s always so exciting to see all of the strategies and methods professionals across the healthcare industry are using to accomplish their diverse goals.
https://insights.panaceainc.com/wp-content/uploads/2018/05/INSIGHTS_604x402__ClaimsAuditor.png402604Paula Schmidthttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPaula Schmidt2018-04-20 06:25:532018-05-31 07:54:57Panacea Offers Focused Audit Service in Response to United, Anthem and other Payer Attempts to Reduce Level 4 and 5 Reimbursements