External audits are rapidly returning to full operating force following a lull that took place amid the worst of the COVID-19 pandemic. Amidst a time of shrinking operating margins and heightened scrutiny by federal healthcare contractors, providers are seeking to focus on the benefits of technology-driven internal auditing.
The No Surprises Act provisions require that uninsured/self-pay good faith estimates include the primary service and an associated list of line item “expected charges.” Join Panacea’s finance experts as they cover best practices for identifying and listing all expected charges for each item and service furnished during an encounter, as well as best approaches for constructing an all-inclusive uninsured/self-pay good faith estimate, in this complimentary on-demand webinar.
Changes to 2023 E/M coding will impact CDM files, coding, documentation, charge capture processes, and various information systems. This article outlines new revisions to E/M codes for 2023 and addresses several questions we believe professionals will encounter when they learn of the changes.
Have you ever wondered how hospital prices became so irrational? As is often the case, things changed incrementally. Hospitals and healthcare systems have experienced years of inadequate inflationary update factors, often reduced by factors such as presumed over-coding under the federal inpatient and outpatient prospective payment systems.
If your organization is struggling with coding laboratory services consistently and accurately, here are the four steps you need to take.
We’re excited to announce that, with First Healthcare Compliance joining Panacea, Insights subscribers now have even more access to a wide variety of educational content for healthcare professionals. We invite you to take advantage of a 50% discount, available to Insights subscribers, when you register for the Virtual HIPAA Privacy and Security Workshop 2022 coming up November 3, 2022.
CMS penalties have dramatically increased since the Price Transparency Rule was released, and providers must take heed before CMS and a legislative gauntlet arrive at their front door.
ST. PAUL, MINNEAPOLIS, August 24, 2022 —Panacea Healthcare Solutions announced today that it has received growth capital from Firmament, a leading provider of structured equity capital solutions to small- and medium-sized enterprises. Firmament’s investment will fuel innovation and expand Panacea’s product suite through the acquisition of Holliday & Associates and First Healthcare Compliance. The combined company will be a leading provider of healthcare revenue cycle and compliance software and services to over 600 hospitals, health systems, physician practices, and accountable care organizations across the United States.
Join us on Thursday, August 11 at 10am PT | 1pm ET to find out how you can leverage data mining to proactively uncover compliance risks and revenue opportunities to identify areas of improvement in coding and documentation.
Join Panacea for a one-hour webinar on Wednesday, April 13th at 1PM ET, to learn how to deliver compliant and accurate itemized expected charges for schedulable services under the No Surprises Act requirements by incorporating both itemized hospital and physician expected charges using Panacea’s sophisticated technology solution.