In our current healthcare climate, it’s more crucial than ever to maintain defensible and rational healthcare pricing while remaining competitive and optimizing net revenue. As Panacea’s experts can tell you, it’s a tricky balance to strike—but the benefits of a strategic approach to hospital pricing are well worth the effort.
Panacea is thrilled to announce the newest enhancement to its First Healthcare Compliance platform—the introduction of Virtual On-Demand Webinars with Continuing Education Units (CEUs). This innovative offering empowers healthcare professionals to access high-quality compliance training at their convenience.
Find out how a three-hospital health system improved their financial performance, reduced risk, and gained a competitive edge in the ever-evolving landscape of healthcare reimbursement by employing RateAnalyzer.
Your chargemaster is the fuel that runs your revenue cycle engine, serving as the basis for your reimbursement and financial success. Find out how to maintain a successful chargemaster management program and keep the engine running at top performance.
These three commonly misunderstood areas can land you in a heap of trouble, whether under HIPAA, the Federal Trade Commission’s enforcement authority, or a state law.
Evidence amassed from over two years of experience with compliance reinforces why providers need to focus on chargemaster prices and self-pay discount policies—and how they can benefit from analyzing trends in consumers’ price searches.
In the October 2023 issue of HFM Magazine, Panacea’s Govi Goyal and Fred Stodolak discuss the findings of Panacea’s recent study demonstrating the pitfalls to consider when using machine-readable file data in comparative benchmarking.
A 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.
In 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.
Register 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).
Expansion—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?