Blog
The Great Unwinding: Winding Up for Poor Health Outcomes?
In 1965, Medicaid was signed into law by President Lyndon B. Johnson as part of the Social Security Amendments and was authorized by Title XIX of the Social Security Act, which provided matching funds from the federal government to states to help them provide medical assistance to eligible residents. It plays a critical role in…
The Ending That Never Ends. . . Medicaid Unwinding Extended
Good news for beneficiaries! Good news for Health Plans!! On May 9, 2024, CMS extended the Medicaid “unwinding” waivers into 2025. This means that the federal regulatory waivers and resulting options are now available until June of 2025. This continues to make available some of the methods states have been using to prevent administrative…
Supporting CMS’ Strategic Plan Related to Health Equity Through Documentation
Introduction Health plans and providers need to ensure they understand their role in supporting CMS’ Strategic Plan related to the Quintuple Aim and the advancement of health equity, with an emphasis on data collection and reporting. The literature related to health equity frequently states that lack of data related to social determinants of health (SDOH)…
2024 Federal Poverty Guidelines Released
Payors and Providers wait for the release of the poverty guidelines each year to update patient financial assistance and eligibility information within their forms and systems. The 2024 Poverty Guidelines are now effective and posted HERE. Poverty guidelines are issued each year in the Federal Register by the Department of Health and Human Services (HHS). The federal poverty guidelines (FPG) are…
Reducing Uncompensated Care Using the Three C’s: Communication, Collaboration, and Compensation
Even a cursory review of the latest healthcare news reveals that hospitals and health systems across the United States are looking to improve their financial outlook. With media headlines touting another round of layoffs at many health systems, the question becomes: Where and how can revenue cycle vendor partners step up to the plate and…
Is Strategic Pricing a Luxury or a Necessity for Hospitals Today?
Hospitals are operating in a world where they are being crushed by labor costs. I talk to CFOs daily that describe unsustainable labor models they have been forced into. As a result of this financial stressor, hospitals must scrutinize other costs, looking for savings. Hospitals must purchase sutures, oxygen, and other mission critical needs,…
Miskeying, Miscoding and Mismanagement: The Costly Mis-takes of Risk Adjustment
It has been a busy six months in the Medicare Advantage (MA) risk adjustment space, with plenty to keep the industry’s best and brightest thinking about what changes are in store for PY 2024 and beyond related to the risk model transition from v24 to v28, and the RADV Final Rule. Much of this prodigious…
Core Tenets for Monitoring and Improving Referring Relationships with Providers
Every hospital relies on a network of relationships with a variety of partners, including their patients and their support networks, local independent and employed physicians, state and federal organizations, payors, and many others. One of the most important relationships in driving growth, as opposed to other facility goals, is that with the local referring physician…
Price Standardization For Hospitals
Hospitals have a rational interest in standardizing prices across facilities. This interest has only intensified with the introduction of Price Transparency requirements. The goal of standard pricing must be considered simultaneously with other goals such as price stability and changes in gross and net revenue. There are several complexities in this analysis that must be…
Federal Poverty Guidelines 2023 Release and the “Unwinding” of Medicaid Continuous Enrollment Period
Payors and Providers wait for the release of the poverty guidelines each year to update patient financial assistance and eligibility information within their forms and systems. The 2023 Poverty Guidelines are effective January 16, 2023, and are now posted HERE. Poverty guidelines are issued each year in the Federal Register by the Department of Health and Human Services…