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Finance

Will 2015 Be the Breakout Year for mHealth?

December 19, 2014 by Anne Weiler

Harry Leider

While on the one hand, many are proclaiming 2015 to be the year that mHealth finally becomes mainstream, the opening day keynote at the mHealth Summit last week at the Gaylord National Harbor Convention Center seemed to suggest we are in the trough of disillusionment.[read more]

Farzad Mostashari on the Proposed ACO Regulation: Interview with David Harlow

December 17, 2014 by David Harlow

Farzad Mostashari

Farzad Mostashari MD was one of the authors of the Brookings Institute ACO issue brief released in the spring, suggesting some changes to the program that would keep current ACOs engaged past the end of their three-year contract term, and improving the program overall.[read more]

Preventable Mortality Down in Hospitals by 17%

December 16, 2014 by Abby Norman

We’re making steady progress in improving the quality of our care all around – one study shows that from 2010 to 2013, the rate of preventable mortality in healthcare went down by 17% – half of that reduction occurring form 2012-2013.[read more]

The Basics of Long Term Care Insurance

December 16, 2014 by Alexandra Rivers

long term care insurance / shutterstock

Long term care insurance helps pay for long term care services so baby boomers can deal with the hardships that come with old age without worrying about paying for care. You can learn more about LTCI by asking the basic questions. Here are common questions about the basics of LTCI.[read more]

Forming Alliances to Mitigate Risk: Payer Provider Perspective

December 15, 2014 by Abby Norman

For payers and providers, there has to be not just an agreement in ideals, but an agreement in process. This can be difficult to fathom when you remember that while the bottom line might be the same for everyone, the specific needs of providers are often at odds with what’s needed by those in the financial sector.[read more]

Do You Understand Your Medical Bills? I Don't

December 15, 2014 by David E Williams

making sense of medical bills (photo: urbanbohemian)

The Consumer Financial Protection Bureau has issued a report that indicates that at least 43 million people in the US have unpaid medical bills. That has consequences since unpaid medical bills hurt credit scores, often substantially. The report concludes that many non-payers simply don’t understand their medical bills.[read more]

2015 Digital Mammography Reimbursement: What to Know

December 12, 2014 by Andy Salmen

Radiology service providers continue to experience a rapidly-shifting professional landscape. Recently, the RBMA’s Payor Relations Committee (PRC) sent out an alert to RBMA members that warned of potential changes in the proposed rules that can have a potentially negative impact on digital mammography payments in 2015.[read more]

Insurance Verification and Pre-certification: Two Separate Issues

December 11, 2014 by Andy Salmen

Insurance verification and pre-certification are two issues in orthopedic practices that can affect reimbursements. Implementing strategic changes in the business processes related to these areas can enhance the bottom line of any practice.[read more]

Should Your Doctor Consider Medical Costs?

December 11, 2014 by Michael Kirsch

CAT scans / shutterstock

Not a day passes that I don’t confront excessive and unnecessary medical care – some of it mine - being foisted on patients. At one point in my career, I would have argued that physicians and hospitals were motivated only to protect and preserve the health of their patients, but I now know differently. Payment reform changes behavior.[read more]

Inbound Marketing for Medical Devices: Mistakes to Avoid

December 10, 2014 by Jonathan Catley

Medical device marketing: what not

More and more companies are turning to an Inbound marketing strategy as we approach 2015 and the Medical Device industry is no different. An important aspect to any marketing strategy no matter what industry you're in is learning from your mistakes. Before you can figure out what strategy works, you have to figure out what not to do.[read more]

Revamping Your Revenue Cycle in 2015: 7 Things to Consider

December 9, 2014 by Abby Norman

revenue cycle management

More patients than ever can have access to care, but the process for compensating physicians hasn’t been able to keep up. Doctors are rendering services without receiving payment - and their practices can’t sustain themselves on that type of arrangement![read more]

Down, Down, Down: Avoidable Errors, Uninsurance, Cost Inflation

December 9, 2014 by David Harlow

The ACA is really making a dent in uninsurance, and that's a good thing. But spending growth is likely to keep on keepin' on as we ease out of the Great Recession unless we make some fundamental changes in the health care system. At the moment, these don't seem to be in the cards.[read more]