Uncategorized Archives - Page 65 of 92 - BHM Healthcare Solutions

Hospital Mergers: 2015 Projected Trends

February 5, 2015

Hospital mergers and acquisitions [M&A] aren’t a new concept, but in the post-Affordable Care Act world they have become a popular solution for yielding to ACA regulations. According to the American Hospital Association’s 2015 Environmental Scan “mergers, consolidations and other partnerships” will increase due to the pressures on hospitals to lower costs and achieve economic goals. Here at BHM we also think that this healthcare trend is one to watch for 2015, so we’ve pulled together some key insights for you to consider.

What HIPAA Audits Mean for your Organization

February 4, 2015

For quite a while now, news that a wave of HIPAA audits are on the horizon has been circulating in the healthcare scene. But this time, these audits are likely to include financial penalties for violations–new in 2015. So what areas should you be scouring to ensure you’re not accidentally committing any violations? In this post, we’ll take a look at what HIPAA audits could mean for your organization.

Wearable Tech in Healthcare

January 29, 2015

You’ve probably heard people talking about wearable tech–whether it’s a new smart watch, Google Glass, etc. It’s becoming increasingly popular, and more and more industries are preparing for this next wave of technological advancement. But where is wearable tech’s place in the healthcare environment? Today, we’ll look at just a few ways we’re seeing a positive impact from wearable tech in healthcare.

4 Questions to Ask About Bundled Payments

January 28, 2015

When we look at healthcare payment reform, and our move away from fee-for-service models of payment, the focal alternative this year has been bundled payments. In this scenario, physicians are paid a set amount for treating a certain type of patient, and assumptions are made by the payer about what services or treatments a patient like that would need. They compensate according to that average. Under the fee-for-service model, when they were paid for whatever tests they ordered or treatments they rendered, they certainly had more freedom of choice.

Top 5 Ways to Boost Your Revenue Cycle

January 27, 2015

When it comes to hospital and health system revenue cycles, there are many strategies you can approach to help put things on a positive trajectory. Whether they are changes small or large, they all impact the organization’s financial standing. But today, we’ve pulled together only the very best tips for increasing profitability.

Best Denial Management Strategy: Avoid Denied Claims

January 26, 2015

It might seem painfully obvious, but when it comes to denial management, the best way to avoid denied claims is to make sure that your claims are correct and, therefore, won’t be denied. Thinking that’s easier said than done? Well, if you have the right information — and the right tools — it doesn’t have to be.

Choosing the Right Healthcare Accreditation

January 23, 2015

If your healthcare organization is considering getting accredited, you might have questions on which type is right for your organization.

You also might be curious about some of the details behind the accreditation process, such as:

How long does the process take?
How much does it cost?
How long will the accreditation last?
How many organizations are already accredited?
Which one is the aligns with my organization’s services?

How the Healthcare C-Suite Can Impact Change

January 23, 2015

At the top of every healthcare organization is the C-suite: The CEO, CFO, CIO…you get the idea. And thanks to their elevated positions, they have the power to make real, impactful change on the healthcare environment. Through their leadership, skill sets, and unique vision, the healthcare c-suite is helping move healthcare in new directions.

Healthcare Payment Reform

January 20, 2015

The Centers for Medicare and Medicaid issued a report covering the trajectory of healthcare expenditures in the United States and found that in 2013, spending only went up by 3.6 percent. With a heavily conservative Congress, it seems likely that the dismantling of the Affordable Care Act may be on top of the Congressional to do list. While the spending increase has been consistent over the last several years, it has also been relatively slow; the data doesn’t suggest an enormous, irreversible spike initiated by the ACA. However, the slow-creep of rising expenditures is still troubling.

Doctor holding an ipad implementing telehealth strategies.

Cutting Costs with Telepsychiatry

January 15, 2015

Remote healthcare is still relatively new and has been slow to be adopted on a large scale, but many who have taken advantage of telemedicine services are finding that the financial aspect is well worth the transition. While telepsychiatry can’t completely replace an in-person visit with a Psychiatrist, it can be a valuable option for areas where access to those types of professionals are limited at best.

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