Interoperability in healthcare is not just about moving financial and clinical data between payer or provider or moving clinical data from one application to another. True interoperability allows enterprise applications to "talk" and collaborate in a smart, open, and agile manner. The Interoperability Imperative explains what this means; how and why interoperability is necessary to scale complex value-based reimbursement models; and how payers, providers, and vendors can get started. Read now or download and read later
There's no turning back from value-based care and value-based reimbursement. Payers are 58% along the continuum to VBR, up from 48% in 2014. And Providers are now 50% down the road to value. That's according to a national study of 465 payers and hospitals conducted by ORC International and commissioned by McKesson. Yet despite tremendous growth in capitation/global payments, pay for performance, and episode of care/bundled payments, many payers and providers still face obstacles in the transition to value-based care. See where healthcare stands in its journey to value and what it means for the industry in Journey to Value: The State…
RelayHealth Financial’s Josh Berman was interviewed by Healthcare Informatics Senior Editor Rajiv Leventhal about the significance of CMS’s ICD-10 testing, what strategies organizations can deploy to continue preparation for the transition, and what the industry could experience immediately following the deadline. Read the article
A new SearchHealth IT article on TechTarget covers the impact that ICD-10 could have on revenue cycles. RelayHealth Financial’s Josh Berman leads the discussion, and is followed by several additional industry experts who discuss how the disruption might affect providers' bottom lines. Read the article
In celebration of this week's HFMA 2015 ANI conference, we we released The Lighter Side of Revenue Cycle Management, an ebook that takes an amusing look at some of the big challenges providers confront today. The editors at Healthcare Finance News plucked some of their favorites and compiled them into a slideshow. Give the slideshow a spin, and if you'd like a full copy of the ebook for yourself, it's still available at ProviderSmiles.com. Enjoy the slideshow
Today RelayHealth Financial announced a packed agenda of educational, networking, and charitable activities that will be taking place at the HFMA ANI 2015 conference in Orlando next week (June 22-24). We'll be sharing novel collection strategies, post-ICD-10 performance management guidance, advantages of building an analytics culture, and how payment clarity can help improve revenue cycle performance and patient engagement. Read the press release and then visit HealthyRevenueHealthyFuture.com to add your preferred sessions to your calendar. Read the press release now
Health Management Technology examined how coding enactment delays are impacting revenue cycles. Health Management Technology editor asked McKesson Relay Health Financial director Joshua Berman and several other experts to comment and offer advice to organizations who are managing their revenue cycles while facing the deadline for ICD-10 implementation October 1, 2015. Read the full article here.
Cathy Dougherty, vice president of revenue cycle management for Lawrenceville, Ga.-based Gwinnett Medical Center, refers to patient payment clarity as "the business side of caring." Becker's Hospital CFO featured a Q&A with Dougherty to learn more about how Gwinnett Medical Center is using this new concept to improve their financial performance and promote positive patient experiences. Read the article to see how it can help your organization.
As we move from fee-for-service to value-based care, payers and providers struggle to contend with the many reform models being tested and implemented. To successfully make the transition, stakeholders need to address these five critical pieces: • Shared risk for all stakeholders • A robust primary care foundation • The alignment of payment models and incentives • Information technology that supports such alignment • Strong regional collaboration Experts from McKesson Health Solution describe how to get it done in How We Can Make Healthcare Payment and Delivery Reform Work. Read now or download and read later
When it comes to bundled payments, you have questions. And we've been listening. We compiled the top questions our customers ask about bundled payments and posed them to Francois de Brantes, Executive Director of the Health Care Incentive Improvement Institute (a-k-a HCI3). In this unscripted, unrehearsed live interview, Francois provides answers to the following questions: How bundled payments work How is the member benefit and product design handled for bundled payments? How is the member obligation handled in bundled payments? How is risk adjustment managed in prospective bundled payments? Who takes responsibility of costs incurred by patients going outside of the care team?…