The Centers for Medicare & Medicaid Services (CMS) unveiled updated ICD-10-CM and ICD-10-PCS codes effective October 1, 2024. The revisions will help track disease prevalence and treatment outcomes effectively. Healthcare providers must understand any revisions to these codes to sustain revenue integrity. This article explores the context behind CMS’s changes.  ..read more

Healthcare organizations can make the transition from a volume-focused, fee-for-service model to a value-based approach using Activity-Based Costing (ABC), a framework that tracks the true costs of delivering care. This approach supports better decision-making and patient outcomes ..read more

The healthcare data revolution promised massive change, but siloed data, lack of literacy, and costs have hindered progress. Now, the Health Catalyst Ignite™ Data and Analytics platform overcomes these challenges. Streamline processes, cut costs, and improve patient outcomes. With Ignite, make precise data-driven decisions for real, measurable improvements ..read more

Healthcare leaders can unlock the full potential of their ambulatory clinics by leveraging change management strategies and best practices, leading to enhanced operational efficiency, improved patient outcomes, and a culture of continuous improvement ..read more

Learn how Allina Health saved nearly $20 million by leveraging data-driven strategies to optimize its pharmacy supply chain management, improving cost accounting, and deriving actionable insights along the way ..read more

Hospitals brace for a seismic shift in how they communicate pricing to patients, and those considering home-grown solutions as a means of compliance may fail to meet regulatory standards as 2025 approaches. Here’s why ..read more

The need for transparent and efficient payment models is becoming increasingly crucial in revenue cycle management to ensure financial stability and efficiency. Understanding this, Intermountain Health instituted novel practices that led the organization to overturn more than $20M in denials over 24 months and achieve $35M in projected revenue. This article explores how they accomplished this remarkable feat ..read more

Navigating clinical chart abstraction and participating in clinical registries is time-consuming and costly, but tech-enabled managed services (TEMS), an outsourcing model, can ease these burdens. Learn how ..read more

Accountable Care Organizations (ACOs) must leverage sophisticated data quality management tools as they navigate regulatory reporting changes, including the CMS Merit-based Incentive Payment System (MIPS) that requires complete data, accurate submissions, and excellence in clinical practices to maximize provider incentives ..read more

Article Summary Numerous healthcare systems are actively seeking valuable data and analytics that generate practical insights to drive enhancements in clinical quality, operational efficiency, and financial performance. In light of the challenges faced by health systems, the pursuit of data-driven insights is both commendable and crucial. To that end, more sophisticated data and analytics platforms are capable of managing vast and intricate datasets. These ecosystems provide a sturdy framework for processing, analyzing, and visualizing data using cutting-edge technologies like augmented inte ..read more