What is Case Mix Index (CMI)? Medicare and Medicaid created a CMI score to help properly reimburse hospitals for services provided to inpatients (CMI doesn’t apply to outpatients). The CMI is an attempt to measure the resources needed to provide proper care for patients. An article from Health Leaders Media titled CDI Programs Drive Up Case […]
Increase Surgical Revenue – Part 3 of 3 (Case Mix Index) Read More »
I attended a fascinating session at the Becker’s Roundtable conference for CEO/CFO/CIO’s. Being a technology geek, I love hearing and seeing how technology is improving the cost of providing healthcare. The power of data can truly be amazing as in this example! For years, hospitals have been isolated from each other on how much they
Why is documentation so important for proper reimbursement for surgical procedures? In order to get properly reimbursed for a surgical procedure, you must be able to prove through documentation what you’re are trying to get reimbursedfor. If you can’t prove it, then you will not get paid for it. Government programs such as Medicare and
Increase Surgical Revenue – Part 2 of 3 (Documentation Improvement) Read More »
In the past and for most of healthcare today, inventory has been managed independently from the rest of the business of providing healthcare. Recent articles ( 7 Reasons to Merge Revenue Cycle and Supply Chain Management ) have suggested the benefits of combining supply chain and revenue cycle. When you step back and look at
Increase Surgical Revenue – Part 1 of 3 (Charge Capture) Read More »
Often we hear, when talking with hospitals that they only expect to get a one time savings with our inventory solution. They’ll say, “With your solution, we are really only going to see a reduction in inventory on the initial install of your product. Thus, only realizing a one-time cost savings.” This has been their
Inventory Tune-Up Drives Yearly Savings Read More »
Do you shop online using Amazon or another online retail store? Have you found yourself reading over online reviews for products before you buy? If you answered “Yes”, then you probably are aware that these reviews help influence or deter you from buying something. In some form, these online reviews provide credibility and increase the