Is Your Staff Struggling with How to Bill Lab Services? 4 Steps to Better Results
If your organization is struggling with coding laboratory services consistently and accurately, here are the four steps you need to take.
How to Comply With (and Exceed) the CMS Hospital Price Transparency Rule Requirements
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.
Panacea Healthcare Solutions, a Leading Healthcare Mid-Revenue Cycle Technology and Services Company, Receives Growth Investment from Firmament
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.
Case Study: Achieve Significant Efficiencies through a Comprehensive Audit Program to Ensure Compliant Coding and Optimal Reimbursement
A large, multi-specialty practice with more than 1,000 physicians and allied health professionals has been able to achieve significant efficiencies by consolidating a number of core administrative activities, particularly billing, reimbursement, and other financial operations.
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Evaluation and Management (E&M) Split (or Shared) Visits – 2022 Summary of Changes
The 2022 Final Rule defines split (or shared) visits as evaluation and management (E&M) visits in the facility setting that are performed in part by both the physician and a non-physician practitioner (NPP) who are in the same group, in accordance with applicable laws and regulations.
Is Automation the Answer in Auditing?
Ask Kathy Pride, and she’ll tell you: there are two ways for healthcare providers to perform proactive auditing of their claims. There’s the old way—and there’s the better way. The […]
CMS Dramatically Increases Penalties for Price Transparency Non-Compliance – Panacea Responds with a No-Cost Consultation
ST. PAUL, MN – With the dramatic increase in civil penalties announced by the Center for Medicare & Medicaid Services (CMS), Panacea Healthcare Solutions, Inc., the leading experts in hospital […]
Document Your Leftovers: The JW Modifier and How to Use It
On Jan. 1, 2017, the Centers for Medicare & Medicaid Services (CMS) and Medicare Administrative Contractors (MACs) began requiring the use of the JW modifier. The JW modifier is appended […]
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 […]