Whoever said, “Dates on the calendar are closer than they appear” wasn’t kidding. The oft-delayed, much-covered and highly anticipated ICD-10 deadline has finally arrived.
Most hospitals grapple with generating clean claims, streamlining claims management, and gaining insight into the source of denials. For California healthcare providers, these challenges are heightened by the requirements of Medi-Cal, the state’s publicly-funded Medicaid program. To shed light on some of the processes and tools that can help providers overcome Medi-Cal’s complexity and boost overall revenue cycle performance, RelayHealth Financial offers two new resources.
Effective revenue cycle management can be a challenge for any hospital, but for smaller providers it is even tougher.
Orlando Health used RelayAssurance for years to help maximize cash flow and improve first-pass claim acceptance, but wanted the ability to perform deeper dives into claims data.
RelayHealth Financial announced strategic alliance with Ovation Revenue Cycle Services that will give hospitals that use RelayAssurance Plus access to enhanced claim status information from more than 300 health insurers nationwide through a payer portal.
We don’t need to tell you that the new ICD-10 deadline is exactly one year away. (Okay, we just did…) ICD-10 readiness is all about process – there’s no magic technology that solves everything. One of the most important – and misunderstood – processes is testing. There are multiple ways to test ICD-10 claims, and not all methods are equal. Here's a story that illustrates this point.
VITAS Innovative Hospice Care, a longtime leader in the field, operates 51 hospice programs nationwide and generates about $1 billion in claims annually. The organization works closely with RelayHealth to help get a handle on all this complexity and remain focused on its mission.
The need for hospice care continues to grow, and with this growth comes similar challenges faced by every other area of healthcare – escalating costs, dwindling reimbursements, and daunting compliance and regulatory issues.