1st Talk Compliance features guest Govi Goyal, President, Financial Services, at Panacea Healthcare Solutions, to discuss how the new CMS Price Transparency Rule and No Surprises Act are closely related. By providing Good Faith Estimates for healthcare services, hospitals can comply with both regulations.
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.
Panacea’s experts will share insights on maintaining an up-to-date and accurate CDM and fostering collaboration between CDM professionals, financial leadership, and external specialists.
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?
In the ever-evolving landscape of healthcare regulations, one crucial aspect that healthcare entities must prioritize is exclusion screening.
Panacea 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.