The following are the five most popular revenue cycle management stories from Becker’s Hospital Review in the past month, starting with the most popular.
1. Why these 4 health systems abandoned traditional budgeting
As markets become increasingly volatile, some hospital systems are ditching static annual budgets for more dynamic alternatives.
2. Medical billing outsourcing market could reach $16.9B by 2024
The medical billing outsourcing market, valued at $6.3 billion in 2015, is expected to reach a value of $16.9 billion by 2024.
3. Geisinger CEO Dr. David Feinberg talks 1 year of patient refunds
Geisinger Health System in Danville, Pa., implemented a satisfaction-guaranteed patient refund program in November 2015 under the mantle of President and CEO David Feinberg, MD. After one year of refunds, Dr. Feinberg says the health system could have actually returned less money to patients compared to years prior.
4. CMS to resume Medicare appeals settlements
CMS announced it will again allow eligible hospitals to settle inpatient status claims currently under appeal.
5. 25 things to know about healthcare costs
From ACA mandates to baby boomers rapidly switching to Medicare, there are a number of factors influencing healthcare costs in the U.S.
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