We’ve summarized the Centers for Medicare and Medicaid Services (CMS) and the American Medical Association (AMA) payment and coding updates that went into effect on July 1, 2019. Below is the list of changes and recommendations for possible implementation in the chargemaster, including what your billing and coding staff should know.
https://insights.panaceainc.com/wp-content/uploads/2019/07/business-lady-working-at-her-desk-picture-id1162102136.jpg300566Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPanacea Insights2019-07-22 15:32:042019-07-22 15:50:18Summary of the Centers for Medicare and Medicaid Services (CMS) and the American Medical Association (AMA) payment and coding updates.
Survey overview: During a recent webinar on Developing a Pricing Strategy for the 2019 CMS Transparency Requirement, Panacea surveyed 450 healthcare executives to gauge their readiness in meeting the January 1, 2019 CMS Final Transparency Rule deadline.
https://insights.panaceainc.com/wp-content/uploads/2018/12/online-survey-icon-concept-on-the-blue-keyboard-button-picture-id843385584.jpg156233Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPanacea Insights2018-12-12 16:56:152019-06-06 09:55:19Recent survey finds less than half of healthcare providers are ready to publish their standard charges to meet the CMS price transparency requirement
Hospitals have just a few months to ensure their prices are rational and defensible to meet the January 1, 2019 deadline. St. Paul, MN—August, 2018—Panacea, a leading provider of mid-revenue cycle management, innovative software and enterprise-level educational solutions announced today that despite industry push-back during the comment period, the CMS Final Rule requires hospitals to […]
https://insights.panaceainc.com/wp-content/uploads/2018/04/INSIGHTS_604x402__PressRelease032818.png402604Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPanacea Insights2018-08-09 07:50:012019-06-06 09:51:48News: Panacea Responds to CMS Final Rule Effective October 1, 2018 Requiring Hospitals to Publish their Chargemaster via the Internet
May 23, 2018—Panacea, a Career Step company and leading provider of revenue cycle management, smart software and enterprise-level educational solutions, is pleased to announce that after a rigorous review, the Healthcare Financial Management Association (HFMA) has awarded Panacea’s CDMauditor® Hospital Zero-Base Pricing® its “Peer Reviewed by HFMA” designation. Panacea’s Comparative Hospital Data™, Unit Cost Estimator, […]
Lehi, Utah, May 15, 2018 – Panacea, a Career Step company and leading provider of revenue cycle management, smart software and enterprise-level educational solutions, is pleased to announce Insights, its new thought leadership and industry knowledge hub. This new platform offers unlimited access to industry-leading healthcare revenue cycle management information through a free subscription.
https://insights.panaceainc.com/wp-content/uploads/2018/05/Panacea_Insights_SIGNATURE-051118.jpg274400Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPanacea Insights2018-05-15 08:32:532019-06-06 09:55:49News: Panacea Announces New Thought Leadership and Industry Knowledge Hub, Insights
Lehi Utah, May 10, 2018 Panacea announced today that their Hospital Zero-Base Pricing® system will align with the proposed IPPS rules for FY 2019 released by the Center for Medicare and Medicaid Services (CMS). The proposed rules issued by CMS on April 24 require healthcare organizations to publish their “standard charges” online by January 1, […]
In recent decades, the healthcare industry has become increasingly complicated, and with the rapid advancements in technology and the increasing regulatory burden, it promises to only become more difficult to navigate.
https://insights.panaceainc.com/wp-content/uploads/2018/04/Welcome-To-Insights-3.jpg156233Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPanacea Insights2018-04-23 08:12:002019-06-06 09:56:21Introducing Insights. Our new thought leadership and industry knowledge hub.
https://insights.panaceainc.com/wp-content/uploads/2018/05/INSIGHTS_604x402__ClaimsAuditor.png402604Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPanacea Insights2018-04-20 06:25:532019-06-06 10:44:52Panacea Offers Focused Audit Service in Response to United, Anthem and other Payer Attempts to Reduce Level 4 and 5 Reimbursements
Panacea to show attendees of the HCCA Compliance Institute, April 7 -10 in Boston, how they can analyze patient-level claims and payment data to proactively uncover risks or opportunities related to coding, compliance or revenue.
https://insights.panaceainc.com/wp-content/uploads/2019/03/INSIGHTS_566_PressRelease-Image.jpg377566Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2018/03/logo.pngPanacea Insights2018-01-28 10:21:472019-06-06 10:46:42Panacea to Demonstrate How to Swiftly Identify Revenue Risks and Opportunities at HCCA 23rd Annual Compliance Institute