GeBBS Healthcare Blog

The Importance of Capturing Charges and Posting Payments Correctly and Efficiently

Posted on Thu, Feb 15, 2018 @ 07:20 AM

With patient volumes on the rise, these increased number of transactions, in the face of limited resources, mean backlogs, data entry errors, and increased days in A/R. Now is the time to get expert help for your overworked staff.

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Efforts Applauded, But Uphill Battle Unlikely to Produce Results

Posted on Mon, Jan 22, 2018 @ 09:30 AM

Four not-for-profit health systems recently unveiled plans to create their own generic drug company. Industry experts say they'll face an uphill battle to make a significant dent in one of the fastest-growing industry expenses and persistent problems: rising drug prices and drug shortages.

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Medicare Advantage Growth Could Spell Problems for Providers

Posted on Thu, Jan 18, 2018 @ 07:41 AM

Medicare Advantage (MA) business continues to experience significant growth, increasing demand for MA plans. Despite the uncertainty surrounding health care and proposed budget cuts to the program, Medicare Advantage enrollment continues to climb and this trend is expected to continue throughout 2017 and beyond. As of February 1, 2017, total Medicare Advantage membership stood at 19,593,341, with a net gain of 1,389,665 members, year-over-year.

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Improve Your Revenue Cycle Management

Posted on Tue, Jan 09, 2018 @ 05:00 AM

The new value-based care reimbursement environment is changing healthcare revenue cycle management (RCM) and forcing healthcare providers to adopt new and unique RCM strategies. New value-based care models, whatever The Affordable Care Act (ACA) ends up being, and the transition to ICD-10 have added complex challenges to an already burdened reimbursement system. Patient volumes are rising and the newly insured’s high-deductible plans are putting added pressure on revenue cycle managers to bill and collect for the monies they are owed.

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It Didn’t Take Long!

Posted on Tue, Dec 12, 2017 @ 11:52 AM

Right on the heels of the Aetna-CVS merger story, Healthcare Finance News reported earlier this week that Humana is eyeing a deal with Walmart.

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“Blurring the Lines” – UnitedHealth Group Buys Davita Medical Group

Posted on Thu, Dec 07, 2017 @ 11:50 AM

In another example of the blurring boundaries in the healthcare industry, UnitedHealth Group, one of the nation’s largest insurers, is buying Davita Medical Group, a large physician group with a roster of 30,000 doctors. It seems that every day we are reading about more healthcare companies seeking to tighten their vertical integration by “blurring service lines” in the healthcare marketplace. Aetna/CVS, Humana/Walmart (rumored) and now UnitedHealthcare Group through their Optum subsidiary is buying DaVita Medical Group.

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Join the Fight to Prevent Cuts to 340B Hospitals

Posted on Tue, Nov 21, 2017 @ 11:49 AM

Following is a plea from AHA Chairman Gene Woods, and I would urge everyone in the healthcare industry to respond to his plea by contacting their congressional representatives. Our hospitals are already hurting from lower inpatient volumes and the movement to value-based care. This unnecessary cut will hurt them even further. As Mr. Woods points out, the 304B program does not cost the federal government a dime, and this is not the time to “pile on” further cuts to our already cash-strapped hospitals.

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Uncertainty Over the ACA Repeal Has Many States Scrambling for Health Insurance Coverage

Posted on Fri, Sep 08, 2017 @ 11:46 AM

The California state exchange, Covered California, is pumping millions of additional dollars into its marketing budget to promote ACA enrollment, and it's giving the federal government an extra month to commit to paying next year's cost-sharing reduction subsidies before it allows insurers to hike 2018 rates.

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Staying in Touch Is What’s Behind Kaiser's $1 billion Quarterly Operating Gain

Posted on Tue, Aug 15, 2017 @ 11:43 AM

There was a time when healthcare providers knew their patients and their patients’ healthcare needs. A patient stayed in touch with his or her doctor on a regular basis and the doctor could make care assessments and ongoing recommendations for patients over time.

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Medical Coding Company

Posted on Sat, Jun 03, 2017 @ 11:33 AM

 

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