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Posted on by Mick Polo

How an effective revenue cycle management strategy can help reduce burnout

Despite this help, the economic impact of COVID-19 still weighs heavily on healthcare providers and practice staff. To ensure a healthy future and help ease the burnout providers and staff contend with, practices must take a hard look at their internal operations and make changes that put them on solid financial footing. A key to this is optimizing the revenue cycle.

Posted on by Mick Polo

HHS Issues Revised Notice of Reporting Requirements and Reporting Timeline for Recipients of Provider Relief Fund Payments

The U.S. Department of Health and Human Services, through the Health Resources and Services Administration (HRSA) is releasing revised reporting requirements for recipients of Provider Relief Fund (PRF) payments. This announcement includes expanding the amount of time providers will have to report information, aims to reduce burdens on smaller providers, and extends key deadlines for expending PRF payments for recipients who received payments after June 30, 2020.

Posted on by Mick Polo

2% Medicare Sequester Cuts Delayed Through End of 2021

A two percent cut to Medicare reimbursement will be paused until the end of the year, CMS recently announced. The announcement via the MLN Connects newsletter on April 16th stated that the Medicare sequestration will not be applied to Medicare fee-for-service claims through Dec. 31, 2021, per a new federal law.

Posted on by Mick Polo

How can Telemedicine Evolve in the Post-Covid era?

Telemedicine will not revolutionize health care on its own, but the experience of millions of Americans during the pandemic assures us that it will become a permanent fixture of the health care ecosystem – one likely to account for a growing share of revenue in our $4 trillion health care economy.