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:
- "Prescription Drug Rebates, Explained" This animated video explains how rebates for prescription drugs work and why they matter in the debate about lowering drug costs. The video breaks down how prescription drug rebates are determined, who benefits from them, how they affect spending by insurers and consumers and the role of pharmacy benefit managers in the process. Article
- "Biden unveils healthcare plan: 8 key takeaways". Former Vice President Joe Biden unveiled a healthcare blueprint for his 2020 presidential run on July 15th. Article
- "Anthem blames Medicaid for medical cost bump in Q2". Insurance giant Anthem reported an increase in its medical cost ratio for the second quarter, reaching 86.7% from 83.4% the prior year. Medical cost ratio is a way to measure the cost of care for patients as a percentage of premium dollars. Article