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The Healthcare Affordability Crisis Is Hurting Patients & Hospitals.Here’s What We Should Do About It.

HIT Consultant

Itzik Cohen, CEO at PayZen Hospitals serve as the lifeblood of our communities, delivering essential healthcare services to millions while also providing critical jobs nationwide. Nearly 40% of American hospitals expect to continue losing money from operations into 2024, with almost 80% operating at or near break-even.

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O.R. Optimization Process Improvement for Implant Management | EP. 32

Vie Healthcare

Simplify O.R’s automated implant documentation and streamlined revenue processes. The hospital silos that lead to 23 touch points in a manual process for each implant case. Why the OR offers hospital CFOs the greatest cost savings opportunities in 2022. The benefits of automation and the positive impact on patient care.

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How Do Patient Call Report Services Work in the US Healthcare System?

p3care

Hospitals use these records to treat patients effectively. This system ensures standardized Emergency Medical Services (EMS) in pre-hospital environments and evaluates the quality of care. The dispensed services are accounted for and accurately translated into billing statements that only require final approval.

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Creating a Culture of Quality: Strategies for Hospital Leaders

Readiness Rounds

Creating a Culture of Quality: Strategies for Hospital Leaders Quality improvement in hospitals is more than a goalits a commitment that requires an organization-wide cultural shift. For hospitals, its the foundation of patient safety, trust, and reputation. Clear Communication 2. Data Transparency 3.

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KODE Health Raises $27M for On-Demand Medical Coding Platform

HIT Consultant

Addressing the Burden of Healthcare Administrative Costs Administrative costs, including medical coding expenses, represent a significant portion of healthcare spending in the United States, accounting for an estimated 15% to 30% of total expenditures.

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Streamlining VA Claims Processing: Guide for Healthcare Providers

HIT Consultant

With VA claims representing less than 5% of most hospitals’ patient revenue, providers often struggle to allocate sufficient resources to master these intricate processes, leading to delayed reimbursements, underpayments, and increased write-offs for VA patients. This limitation makes first-submission accuracy paramount.

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Why Avoiding Costly Coding Mistakes Is More Critical Than Ever

HIT Consultant

But even an innocent mistake can cause well-intentioned hospitals and health systems to attract attention from federal auditors, and result in stiff penalties for physicians and those who input the wrong billing codes. He received $4.5 million in reimbursements from Medicare over a three-year period.