1. Many Americans struggling to meet basic needs, including healthcare
An Urban Institute study found that many Americans can’t afford such basics as food, healthcare, housing and utilities.
2. RCM tip of the day: Educate patients about separate billing at time of service
To ensure timely payment for services, hospitals should properly educate patients about separate billing, said Rebecca Farrington, chief revenue officer at Healthcare Administrative Partners.
3. Congress gives HHS $182M to eliminate Medicare appeals backlog by 2022
HHS projects a federal appropriation will allow it to eliminate the Medicare appeals backlog by fiscal year 2022, according to a court brief filed Aug. 3.
4. Proposed payment changes could influence hospitals’ acquisition strategies
CMS’ 2019 Medicare Outpatient Prospective Payment System proposed rule, which calls for site-neutral payments and various other hospital payment changes, would likely put pressure on nonprofit and for-profit hospital operating margins, according to S&P Global Ratings.
5. TPC taps Healthfuse for revenue cycle vendor management
TPC, a Plano, Texas-based network of independent health systems in four states, is partnering with Healthfuse, a revenue cycle vendor management services provider for hospitals and health systems.
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Augusta University Health sees more patients, lower costs, turns finances around
CarePayment appoints chief strategy officer: 4 things to know
For-profit hospital stock report: Week of Aug. 20-24
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