Here's The Latest in Health Care:
• One year ago, when the COVID-19 pandemic upended life as we know it, some revenue cycles were better positioned than others to deal with the demands of the emergency. Organizations that had revenue cycle analytics, denial management tools, employees working remotely, and automated check-in processes in place at the beginning of 2020 were perhaps better positioned than other organizations to manage the operational demands of the pandemic. Read More
• People on dialysis who contract COVID-19 are at far greater risk for serious illness and death, so now, dialysis centers will be getting thousands of COVID-19 vaccine doses to vaccinate their patients and employees. The doses will be provided directly to dialysis centers for patients who receive treatment at least three times a week. Read More
• According to a new Kaufman Hall analysis, nearly 40% of hospitals could operate in the red this year even if the vaccine rollout is smooth and COVID-19 hospitalizations decline. The analysis, conducted on behalf of the American Hospital Association (AHA), gives a glimpse of the lingering financial impact of the pandemic on hospitals. Read More
• CMS has opened applications for the second cohort of the Primary Care First (PCF) value-based payment model which seeks to drive down costs and increase the quality of care. the PCF model will explore if switching from fee-for-service to Medicare performance-based payments could increase the quality of care and reduce overall Medicare costs. Read More
Each Friday, Signor Goat reports the latest from the week in health care. Check back next Friday for your dose of our little medical corner of health care news. Brought to you by pMD, innovators in charge capture, medical billing, revenue cycle management, telehealth, secure messaging, clinical communication, and care navigation software.