Hospital Price Transparency in 2022: Lessons Learned, Best Practices

Ogi Kwon, JD, MHAAugust 18, 2022

Federal price transparency requirements for hospitals from the Centers for Medicare & Medicaid Services (CMS) provide patients with an unprecedented amount of insight into the costs for medical services.1  

 

In theory, more pricing information should ...

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RACMonitor: Shameless -- The Paradox of Healthcare Regulations

Dr. Ronald HirschAugust 18, 2022

Lots to report in this regulatory update.

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Ascension's Nola Wyatt, Retired VP of Rev Cycle, Reflects on the Power Partnerships Bring to RCM

Nola WyattAugust 12, 2022

No healthcare organization is fully insulated from the economic challenges wrought by the pandemic and other recent industry disruptions. In the current environment, revenue cycle management has become even more high stakes. ...

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RACMonitor: CMS Announces New Appeal Rights – Process To Be Determined

Dr. Ronald HirschAugust 12, 2022

Earlier this year, a federal appeals court issued an opinion on Barrows v. Becerra, a long-running class action lawsuit. Filed by a group of Medicare beneficiaries, the suit alleged they had to pay out of pocket for skilled nursing care—despite being hospitalized for over three days—because their stay was outpatient and did not meet the ...

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Sentara Execs Share Insights for Strong Patient Financial Engagement

Will ReillyAugust 10, 2022

The financial environment for health systems and their patients keeps getting tougher.Cascading effects of the pandemic have led toa looming recession, severe labor shortages, rising ...

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Offset Rising Costs and Labor Shortage Challenges with the Right RCM Outsourcing Partner

R1 RCMAugust 8, 2022

Economic pressures and lingering pandemic-related workforce struggles are squeezing the bottom line at today’s healthcare organizations. Clinical labor costs have increased by an average of 8% per patient day compared with 2019, amounting to $17 million in additional annual expenses for a 500-bed hospital, ...

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RACMonitor: Understanding the Medicare Case-By-Case Exception

Dr. Ronald HirschJuly 28, 2022

Exceptions should be never rare nor unusual.

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RACMonitor: Will Rural Emergency Hospitals Save Rural Health Care?

Dr. Ronald HirschJuly 22, 2022

All eyes are on the new proposal put forth by CMS to create Rural Emergency Hospitals.

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Becker's: What R1 RCM Learned from its Midyear Financial Trends Report

Becker's Hospital CFO ReportJuly 15, 2022

Gary Long hears a lot about the challenges facing healthcare financial leaders in his role as R1 RCM's executive vice president and chief commercial officer.

The issues that he and his team have heard anecdotally have been backed up in a midyear financial trends report released by R1 RCM in June. The company surveyed 205 CFOs and vice ...

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R1 RCM Announces 10-Year End-to-End RCM Partnership with Sutter Health

R1 RCMJuly 14, 2022

 MURRAY, Utah, July 14, 2022 – R1 RCM Inc. (NASDAQ: RCM) (“R1”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, announced the execution of the 10-year agreement to be the exclusive provider of ...

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