Providers eager to embrace technology, freeing them from billing and payment burdens
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Stay informed on the latest industry news, best practices, and trends in revenue cycle management for hospitals and physician groups.
The American Hospital Association (AHA) was hoping for intervention from the D.C. Circuit Court of Appeals as the Price Transparency rule requiring hospitals to publicize rates goes into effect Friday, January 1, 2021. The AHA filed for an emergency notion to block the rule from going into effect, citing hospitals are overwhelmed with COVID-19 vaccine distribution and record-high caseloads of COVID-19.
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Below are some of the key healthcare-related provisions in the legislation, including a detailed breakdown of the provisions related to funding for healthcare providers under the COVID-19 Provider Relief Fund (PRF).
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Ensure Compliance with CMS Payer Price Transparency Rules
Quickly deploy secure, compliant and user-friendly web pages where patients can interactively explore shoppable services and create personalized estimates.
A long-time Quadax customer and Epic® user, Hurley Medical Center was looking to replace hard-to-balance, labor-intensive manual processes by connecting Epic® and OnBase® and automating cash posting verification. Their goal: increase efficiency and performance visibility in the revenue cycle.
Quadax helped Hurley by streamlining billing office workflow and introducing savings by eliminating paper—creating high-quality 835s for automated posting, and creating an automated process to query and verify check numbers and trace numbers before cash can be posted.
The result? A streamlined process and better accountability.