News

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. 

To view this content you need to subscribe to Panacea Insights. You'll get updates on new posts, become a influencer in our community and get invited to special webinars.

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 […]

HFMA Awards Panacea “Peer Reviewed” Designation for 2018

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, […]

News: Panacea Announces New Thought Leadership and Industry Knowledge Hub, Insights

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.

News: Panacea Responds to CMS FY19 IPPS Proposed Rules Requiring Hospitals to Publish Their Chargemaster Prices Online

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, […]

Introducing Insights. Our new thought leadership and industry knowledge hub.

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.

Panacea Offers Focused Audit Service in Response to United, Anthem and other Payer Attempts to Reduce Level 4 and 5 Reimbursements

Lehi, Utah, April 20, 2018 – In response to recent initiatives from United Health, Anthem and other Payers, Panacea announced a service for providers to proactively identify their financial risk.

Webinar: A Pharmacy Revenue Team Conversation: The Top 4 Reasons Why Pharmacy Revenue Improvement Should Be Your Next Project

With the focus on improving revenue cycle over the last few years, it is now time to tackle one of the most complex areas in healthcare organizations — the pharmacy

To view this content you need to subscribe to Panacea Insights. You'll get updates on new posts, become a influencer in our community and get invited to special webinars.