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Titan's Healthcare Finance News Roundup

Titan Health Management Solutions

Healthcare Finance News, Insights and Resources

75% of health systems and large hospitals are considering permanent changes to revenue cycle management.

The survey of 587 chief financial officers and revenue cycle leaders at hospitals and health systems found that 75 percent of organizations will permanently change revenue cycle management due to COVID-19.The top way revenue cycle management operations will change? Remote work.

     

Physician coding errors led to millions in overpayments for stroke patients.

Physicians haven't properly coded for stroke patients who transferred from traditional Medicare to Medicare Advantage, leading to inflated payments to Medicare Advantage organizations, according to a Sept. 16 report from HHS' Office of Inspector General.

     

Now that many ASCs are operating at or near their historical volumes, it’s time to prepare for future growth. Here's how.

In mid-March, hospitals across the country halted elective surgeries due to the SARS-CoV-2 pandemic. While many ASCs did experience initial shock—volume across the nation dropped 80% between February and April—most ASCs have now rebounded to pre-pandemic activity.Although the dramatic drop in business created several financial challenges, it also gave ASC administrators time to pause and evaluate their business strategies.

     

Did you know we're headquartered in Arizona?
Learn a little more about us by watching our video below. 

     

What can an impact analysis do for you?

Our complimentary impact analysis will: 

- Show how your collections are performing

- Expose payor underpayment activity

- Reveal revenue recovery opportunities

     

We know balancing patient care and profitability is difficult.

At Titan Health, we're here to help. 

At Titan, our mission is to provide our clients with innovative revenue cycle solutions that rapidly deliver increased revenue, more efficient outcomes, and results you can count on. Let us help you collect more of what’s yours.

Titan-Health.com

(866) 848-2680

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