Entries by Panacea Insights

Introducing KA Consulting Services: A Letter from Panacea’s CEO

We are excited to share a major development in Panacea Healthcare Solutions’ ongoing growth and expansion. Panacea has acquired CBIZ KA Consulting Services LLC, a well-regarded leader in compliance and revenue cycle management services. This acquisition represents a significant step forward in our mission to deliver innovative solutions and comprehensive support to the healthcare industry.

Navigating the Recurring Trends in the Healthcare Environment

Ultimately, organizations that successfully navigate and adapt to external and internal transformations are positioned for sustainability. Regardless of an organization’s current phase, it remains crucial to stay abreast of regulatory changes and payer denial strategies, comply with new standards, and ensure that new delivery care models align with your organization’s revenue integrity objectives. Here’s where revenue cycle firms come into play.

Panacea Healthcare Solutions Acquires KA Consulting to Enhance and Expand Services

Panacea Healthcare Solutions, a leading provider of healthcare financial and clinical software and tech-enabled services, is pleased to announce the acquisition of CBIZ KA Consulting Services, LLC (or “KA Consulting”), a provider of eligibility, clinical coding and auditing, and revenue integrity solutions to U.S.-based hospitals and healthcare systems.

Charge Description Best Practices

Does your hospital have a clear and definitive policy for charge descriptions? Hospitals and health systems are often challenged by how they should address billing descriptions, and consultants may overlook the importance of quality descriptors for long-term file management.

CMS Guidance for Implants

Charging policies for implanted devices have long posed a challenge for hospital CDM management. The latest guidance from CMS aims to simplify revenue code assignment by introducing a more standardized interpretation of implant devices.

HIS Implementation: Charge Data Mistakes & Safeguards

More and more hospitals are pursuing hospital information system (HIS) conversions, and there is a growing trend of inaccurate chargemaster (CDM) data left in the wake. This article highlights frequently encountered systems implementation mistakes that may be placing your charge data integrity at risk.