Practice Management
An investigation by KFF Health News in its national “Bill of the Month” feature recently outlined a Virginia woman’s experience at her local urgent care when she needed shot of epinephrine after a wasp sting began causing swelling and difficulty breathing. The KFF report describes how the woman was quickly diagnosed with anaphylaxis, but the care was delayed because she was required to complete a transaction to pay $400 up front before the shot could …
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A recent MedCity News survey reveals that providers end up investing about 2-10% of the collection value of their claims on subsequent efforts to chase down payment, scrubbing away at margins and slowing administrative workflows in revenue cycle management. At the same time, 90% of hospital and physician practice respondents say they are at least somewhat interested in artificial intelligence tech tools to make improvements in billing, and about 66% already have experience with such …
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