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Panacea to Unveil Enhanced Hospital Strategic Pricing System at HFMA 2018 Conference

Lehi, Utah,  Panacea, a leading provider of mid-revenue cycle management, smart software and enterprise-level educational solutions, will unveil its enhanced strategic pricing system at the 2018 Healthcare Financial Management Association (HFMA) annual conference, June 24–27 in Las Vegas. Panacea’s strategic pricing system, Hospital Zero-Base Pricing®, will provide unparalleled functionality, speed and reporting capabilities for large […]

Panacea to Present Education Session on Pricing Transparency at HFMA 2019 Virtual Conference on Consumerism, Cost and Compliance

St. Paul, MN – April 9, 2019 – Panacea, a leading provider of mid-revenue cycle management software, consulting and educational solutions, is proud to announce that Senior Vice President Mark Spehar and Executive Vice President Frederick Stodolak will present at the Healthcare Finance Management Association’s (HFMA) 2019 Virtual Conference on April 18, 2019 from 1:00-2:00 p.m. Central Time. Their session is titled “The Pricing Transparency Conundrum – Juggling Rational Price Development with Healthcare Consumerism Leading Practices.

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Panacea to Co-Sponsor and Present Webinar on National Study of CC/MCC Capture Rates and Case Mix Index Trends with CHIA

Panacea will present its National CC/MCC Capture Rate and Case Mix Index Trend Study at a live webinar in the CHIA Lunch & Learn Webinar series on May 8.  

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Mergers + Acquisitions: Is Your Chargemaster Strategy Sound?

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?

We break this question into two parts — soundness and consistency — for good reasons:

First, in an era of increased public price scrutiny, hospital CFOs must ensure that their chargemasters are defensible and can be clearly explained to outside observers and auditors.

Second, mergers, acquisitions and other affiliations often bring under a single umbrella organizations that may have very different pricing and coding methodologies, practices and strategies.

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Payer Denials: Can You Win on this New Battleground?

In today’s complex health care environment, in which CMS and insurers each maintain their own claims-related “rules,” disputes, DRG downgrades and denials are all-too common.

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