Entries by Panacea Insights

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.

Pricing Strategies. What’s Your Defense?

In today’s era of intense public scrutiny on medical costs, what’s your pricing strategy? Does it pass the test of fairness and accuracy, without sacrificing revenue objectives? In this article, Panacea’s experts share their recommendations on where to start.

Panacea Healthcare Solutions Announces Webinar on Empowering Healthcare Providers through Price Transparency – May 21 at 2pm ET

The webinar will feature an in-depth discussion led by Panacea’s executive leadership team. They will delve into the transformative effects of price transparency in healthcare, a topic they are uniquely qualified to address. As regulations around price transparency solidify into a permanent fixture akin to HIPAA, attendees will have the opportunity to gain valuable insights and learn how current clients  are using new tools and technology for effective data analysis and strategic business approaches.

Navigating Private Equity in Healthcare

Tune in to hear Grace Walsh in conversation with Rachel Rose, JD, MBA, to explore the topic of private equity in healthcare and its various pros and cons, and get the details on valuable updates on enforcement actions by the U.S. Department of Justice and Congressional inquiries.