Changes in reimbursement policies, laws, and regulatory oversight are forcing healthcare organizations to respond to increased regulatory scrutiny and audits. Medicare audits have increased 936 percent in the last five years alone, according to Becker’s Hospital CFO, and ad hoc inpatient audits are no longer enough of a defensive strategy.
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https://insights.panaceainc.com/wp-content/uploads/2018/01/5_Webinar_Inpatientauditing.jpg402604Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2020/02/logo-panacea-besler.pngPanacea Insights2018-01-31 00:14:372019-06-06 12:23:20Creating an Internal Inpatient Auditing Program
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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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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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.
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.
https://insights.panaceainc.com/wp-content/uploads/2018/01/19_Article_Denied.png380640Panacea Insightshttps://insights.panaceainc.com/wp-content/uploads/2020/02/logo-panacea-besler.pngPanacea Insights2017-07-31 21:34:392020-08-10 15:39:05Payer Denials: Can You Win on this New Battleground?
Creating an Internal Inpatient Auditing Program
/in Expert Opinions /by Panacea InsightsChanges in reimbursement policies, laws, and regulatory oversight are forcing healthcare organizations to respond to increased regulatory scrutiny and audits. Medicare audits have increased 936 percent in the last five years alone, according to Becker’s Hospital CFO, and ad hoc inpatient audits are no longer enough of a defensive strategy.
Panacea to Present Education Session on Pricing Transparency at HFMA 2019 Virtual Conference on Consumerism, Cost and Compliance
/in Expert Opinions, Press Releases, Price Transparency /by Panacea InsightsSt. 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.”
Panacea Announces Enhanced Pharmacy Revenue Improvement Solution
/in News, Press Releases /by Panacea InsightsPanacea announces enhanced Pharmacy Revenue Improvement solution, which combines expert consultants…
Career Step and Panacea to Celebrate Expanded Service Offerings at AHIMA17 Convention
/in Press Releases /by Panacea InsightsCareer Step and Panacea invite AHIMA17 conference attendees to visit booth 501 to celebrate their expanded best-in-class offerings.
Mergers + Acquisitions: Is Your Chargemaster Strategy Sound?
/in Expert Opinions, Price Transparency /by Panacea InsightsExpansion — 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.
Payer Denials: Can You Win on this New Battleground?
/in Expert Opinions /by Panacea InsightsIn 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.
Career Step Acquires Panacea Healthcare Solution’s Revenue Capture and Coding and Documentation Divisions
/in Press Releases /by Panacea InsightsCareer Step creates an end-to-end solution to provide education, consulting and data analytics to the revenue cycle…