News

Join Panacea consultants this Friday, April 17 at 1:00 pm ET for COVID-19 PHE changes in Documentation, Coding, and Billing

If you’re confused by all the COVID-19 coding and billing information that has been released, you’re not alone. The Center for Medicare and Medicaid Services (CMS), as well as the American Medical Association (AMA) and American Hospital Association (AHA), have released numerous updates with changes to the guidance over the past several weeks. The rules […]

BESLER acquires majority ownership in Panacea Healthcare Solutions Inc.

December 12, 2019 – BESLER, a market leader in revenue recovery and hospital reimbursement solutions, today announced an agreement to acquire majority ownership of Panacea Healthcare Solutions Inc. (“Panacea”), a leader in hospital and physician revenue cycle services and supporting technology.

Panacea to Present on Pricing Transparency at HFMA Region 2 Fall Institute

Panacea experts will present at the 2019 HFMA Region 2 Fall Institute on how health systems can balance rational price development with the leading practices of healthcare consumerism. 

Panacea to Present Session on Achieving Optimal Reimbursement Through Focused Audits and Education at AHIMA19 Conference

Panacea experts will be presenting at the AHIMA19 Health Data and Information Conference Sept 15 -18 on how health systems can use national CC/MCC and case mix index trends to improve their audit and education initiatives.

Panacea Announces Live Diagnostic and Interventional Radiology Workshop to Be Held October 3, 2019

ST. PAUL, Minn.—August 27, 2019—Panacea, a Career Step company and leading provider of mid-revenue cycle management, innovative software and enterprise-level educational solutions, is proud to announce a one-day event, Diagnostic and Interventional Radiology Workshop: Unraveling the Coding and Documentation Quagmire, that will feature Panacea’s expert team with actionable information on correct and compliant code assignment […]

Panacea Insights: Expert Thought Leadership for Today’s Challenges

Dear Healthcare Colleagues, Research shows that in moments of uncertainty, involving a significant decision, people rely on independent experts for help. We turn to someone who can help us wade through the confusing mess of options.  We look for an unbiased third party who is an authority and can point us in the right direction.

Summary of the Centers for Medicare and Medicaid Services (CMS) and the American Medical Association (AMA) payment and coding updates.

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.

Panacea Expands Services to Assist Hospitals in Meeting CMS Price Transparency Requirements

Panacea announces that new services will be offered in conjunction with its proven Hospital Zero-Base Pricing system to help clients better meet the CMS pricing transparency requirements.

Recent survey finds less than half of healthcare providers are ready to publish their standard charges to meet the CMS price transparency requirement

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. 

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News: Panacea Responds to CMS Final Rule Effective October 1, 2018 Requiring Hospitals to Publish their Chargemaster via the Internet

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 […]