Titan's Healthcare Finance News Roundup | |
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Healthcare Finance News, Insights and Resources | |
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How one Boston hospital built a Covid-19 forecasting system. | |
Among the most challenging aspects of the pandemic has been predicting its spread. Beth Israel Deaconess Medical Center (BIDMC), built a forecasting model to help predict the timing and magnitude of Covid-19 clinical demands for their hospital.
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CMS releases data for COVID-19 hospitalization payments. | |
The report covers Medicare claims and encounter data for services rendered between January 1 and May 16, 2020. In that period, there were 81,227 total fee-for-service COVID-19 hospitalizations, according to CMS. The average Medicare payment per fee-for-service was $23,094.
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Perspective: When cutting expenditures, be careful you don’t put your patients and agency at risk.
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In times of uncertainty, it is natural to look for the quickest and easiest ways to reduce spending. However, it is advisable to carefully examine where cuts will be made and any potential downstream impacts. Being cautious when cutting expenses could save a bundle on costly errors.
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Report: Most common reasons for health plan underpayments (and how to prevent them).
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Considering recent claim processing error rates of up to 20%, we asked our expert billing and audits teams to prepare a list of the most common causes of claim underpayments they’ve encountered and what hospitals can do to prevent them from happening.
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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 | | | |
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We know balancing patient care and profitability is difficult. At Titan Health, we're here to help. | |
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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. | |
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