Strategies to Focus Internal Audit Activities
Healthcare staffing shortages, declining margins, and lower reimbursements brings renewed attention to operational expenditures. Yet as the volume of administrative work continues to climb, this means getting more done with fewer resources. So it may be a good time to...
Updating Healthcare Data Management and Privacy
So what does HIPAA mean and where did it come from? The letters stand for the Health Insurance Portability and Accountability Act of 1996. The term originated with the federal law of the same name, which created a national standard to protect sensitive patient health...
HIPAA Challenges: State AGs Crack Down on Data Privacy
State attorneys general have been increasingly ramping up investigations and cracking down on data breaches at health care organizations. Although hospitals and health systems are well-versed in reporting data breaches to the Office for Civil Rights because of HIPAA,...
Clinical audits and denials impact 3% or more of NPR being held in reserve
Clinically avoidable denials continue to impact revenue, slow cashflow and increase bad debt, yet CFOs have limited insight into why these denials occur and how to avoid them. Half of healthcare organizations hold more than 3% of total net patient revenue (NPR) in...