Health Care Financial Management begins at the physician/Medical practice management level and in any clinical enterprise, best practice requires two basic tools: a business and strategic plan. Wellington, FL November 19, 2012 – Health Care Financial Management begins at the physician/Medical practice management level and in any clinical enterprise, best practice requires two basic tools:… Continue Reading
News
Medical Coding in the ICD-10-CM World; Computer Assisted?
It has been suggested by some that the ICD-10- CM Medical coding changeover will cause chaos because of the significant changes in the number of Medical Diagnostic codes added to create specificity to a degree no one could have imagined. Wellington, FL November 14, 2012 – It has been suggested by some that the ICD-10-… Continue Reading
HSMN Aids Health Delivery Systems Services with Integration
Health delivery systems and services integration has now been firmly establish by CMS in their most recent and final rule for Conditions of Participation in the Medicare and Medicaid programs. Wellington, FL November 8, 2012 – Health delivery systems and services integration has now been firmly establish by CMS in their most recent and final… Continue Reading
Uniting A Vision for a Medical Practice with Great Practice Management
Modern Health Care Magazine has chosen Dr. Their Griego Raby as the recipient of its fifth annual Physician Entrepreneur of the Year Award. The person chosen for the award had to be an M.D. or D.O owns a practice and demonstrates the financial or market success of that business. The literature is replete with articles… Continue Reading
HSMN Establishes New Resource Revenue Opportunity Program (RROP) as Part of its Hospital Billing Groups
Wellington, FL — (SBWIRE) — 02/13/2013 — HSMN is proud to announce the extension of its Resource Revenue Opportunity Program (RROP) as part of its Hospital Billing Group. In July of 2010 one of HSMN’s Academic Medical Center clients asked whether they had really exhausted all of its avenues to Revenue Improvement. The answer was… Continue Reading
Clinical Documentation and the Private-Public Care Coordination
CMS has announced that it has selected 500 primary care practices in seven regions to participate in a program to strengthen coordinated care in a partnership between payers from CMS, state Medicaid agencies, commercial Health Plans, self-insured business and primary care providers. Under this initiative CMS will pay primary care practices a care management fee… Continue Reading
Health Systems Management Network Reveals Its New Task Force Tackling Denial Management and Healthcare Financial Management
Wellington, FL — (SBWIRE) — 11/20/2012 — HSMN’s recent work with its many clients of all sizes, announces an important and dynamic finding: Denial Management for the Finance community is the closest analogy to disease management in the clinical community. What they have in common are the host organism, many variables, the need for ongoing… Continue Reading
Meaningful Use Rule has been finalized
CMS has released the final rule that creates new Criteria for meeting the standards under Stage II of funding for those using an Electronic Health Record and are hoping to qualify for additional compensation in this stage. It should be noted that the Office of the National Coordinator for Health IT also issued a companion… Continue Reading
HSMN Look At The Impact Of The Affordable Care Act New Program Physician Quality Reporting System Pqrs
Medical group practice management for all specialties in medicine have taken on a whole new meaning with the Supreme Court’s recent decision upholding the Affordable Care Act. A new program is mandated as part of the law and it has to do with physicians having to adhere to certain metrics in order to qualify for… Continue Reading
HSMN Focuses on EHR Specifics, Implementation and Post-Implementation Audits
Did you know that Medicare and Medicaid have already paid out $5 billion dollars for meaningful use through its EHR incentive programs? Hospitals have received $3.3 billion and other providers, $1.7 billion. Wellington, Wallis And Futuna – August 16, 2012 – Did you know that Medicare and Medicaid have already paid out $5 billion dollars for… Continue Reading