No matter if you are on the facility or the partner side of Revenue Cycle Management, there is a lot of information, both legal and regulatory, to keep up with to maximize reimbursements. Here are a few things of interest that we are reading right now:
No matter if you are on the facility or the partner side of Revenue Cycle Management, there is a lot of information, both legal and regulatory, to keep up with to maximize reimbursements. Here are a few things of interest that we are reading right now:
Medicaid expansion has helped safety net clinics stay afloat, reach more patients and reduce uncompensated care. That’s important to remember as the Trump administration again tries to repeal the Affordable Care Act, and as state and local leaders move ahead with efforts to limit--perhaps even undermine--Medicaid. Will Medicaid Expansion be repealed? If Trump has his way then it certainly will.
No matter if you are on the facility or the partner side of Revenue Cycle Management, there is a lot of information, both legal and regulatory, to keep up with to maximize reimbursements. Here are a few things of interest that we are reading right now:
A whopping 21% of rural hospitals in the US are on the verge of closing, according to a 2019 report by Navigant. That's 430 rural hospitals across the country that are on the brink of closure. So, why are rural hospitals closing? They're closing because of declining populations in rural areas. As more people move to larger cities, fewer people go to rural hospitals, the number of Americans covered by government health plans has gone up and government reimbursement rates are low, resulting in the hospitals losing money. After losing money long enough, the hospitals close.