By Sanjay Seth, MD – It was recently calculated the United States spends $3.8 trillion – or 18 percent of the national economy – on healthcare. The current healthcare landscape indicates this spending rate will not slow anytime soon due to the COVID-19 pandemic, an ongoing healthcare crisis.Read More
Healthcare Revenue Cycle and Finance
Medicare’s largest alternative payment model produced its highest annual savings to date in 2020, while continuing to provide high-quality care, as shown by performance data released by the Centers for Medicare & Medicaid Services.
Latest news being reported on payers and the health insurance industry including news from Aetna, CVS Health, UnitedHealth Group, Humana, CareSource, Medica, Oscar Health, AHIP and more.
By Pamela J. Gallagher – Healthcare organizations spend tens of millions on sophisticated data collection and storage, yet it is hard to define what data is worth to an organization. What is its true value? This depends entirely on how the organization uses it.
By David Burda – I’d bet my family annual out-of-pocket maximum of $3,000 under my Blue Cross HMO that no other industry spends more on billing and collections than healthcare. Revenue cycle management, hospitals, health systems and medical practices spend billions a year to collect every dime they are owed.
By Anna Maria Barry-Jester – If you were growing up in Detroit in the 1970s or ’80s, chances are you knew the city’s Herman Kiefer public health complex by both sight and reputation. Opened at the turn of the century and later enhanced by renowned industrial architect Albert Kahn, the imposing brick complex was named after a local infectious disease doctor.
By David Burda – Unless you’ve been on a ventilator because you decided not to get a free vaccine from about anywhere that could have saved you from a deadly virus, you probably know that U.S. News and World Report just released it latest annual ranking of the best hospitals in the country.
Latest news being reported on payers and the health insurance industry including news from Friday Health Plans, HealthSparq, GetSetUp, UnitedHealthcare, Turquoise Health, CVS Health, Humana, Oscar Health, RxBenefits, and more.
By Matthew Albright – As healthcare costs continue to rise, surprise medical bills top the list of affordability concerns for a majority of Americans – two in three American adults worry about their ability to afford an unexpected medical bill, according to the Kaiser Family Foundation.