Here are five articles published by Becker's Hospital Review this week that offer insight on the Medicare Access and CHIP Reauthorization Act, two-midnight reviews and more.
1. CMS says providers can 'pick their pace' for MACRA: 6 things to know
CMS is offering flexibility to providers participating in the Quality Payment Program under the Medicare Access and CHIP Reauthorization Act, outlining multiple options as to how they can participate in the first year.
2. 20 financial benchmarks for hospital executives
A list of 20 benchmarks related to one of the most important areas hospital executives oversee — finance.
3. Study: Chargemasters still drive up revenue at US hospitals
Hospital executives and economists often argue chargemasters — hospitals' master price lists — are irrelevant to patients because most insurers do not pay the full list price. However, two authors of a study in Health Affairs — Ge Bai, PhD, and Gerard Anderson, PhD, both of Baltimore-based Johns Hopkins University — beg to differ. They set out to demonstrate that the chargemaster is still largely relevant, especially to a hospital's bottom line.
4. 4 questions with Dignity Health SVP of finance, revenue cycle
San Francisco-based Dignity Health's strategic investments in revenue cycle and IT development during the past five years have positioned the system to be more nimble in risk-based markets.
5. Quality Improvement Organizations resume two-midnight reviews
Beneficiary and Family Centered Care Quality Improvement Organizations resumed two-midnight rule claim audits after CMS temporarily paused the reviews in May.
More articles on healthcare finance:
Tenet's Conifer contracted for RCM at 11 WellStar hospitals
How calculating the cost of a minute of hospital care saves money, improves outcomes
S&P revises University of Pittsburgh Medical Center's outlook to stable