The Healthcare Financial Management Association, ACA International and major stakeholder organizations have released medical collection guidelines to their members. This has set in motion a scramble of credit bureaus, consumer protection agencies, healthcare organizations and others trying to synergize resources, build relationships and protect their bottom line. The ultimate goal, of course, is that these [...]
Accretive Health, Inc. (NYSE: AH) announced this morning that it has achieved from the Health Information Trust Alliance (HITRUST) Common Security Framework (CSF) Certified status. This status assures that Accretive Health is meeting the health care industry’s highest standards in managing risk and protecting health information. Achieving HITRUST CSF Certified status from HITRUST is vital as electronic health record-sharing expands.
“HITRUST has been working with the industry to ensure the appropriate information protection requirements are met when sensitive health information is accessed, used and stored,” said Kenneth Vander Wal, Chief Compliance Officer of HITRUST. “We are pleased that Accretive Health has taken the steps necessary to achieve HITRUST CSF Certified status, and we expect its customers to have confidence in this designation.”
Accretive Health, Inc. (NYSE: AH) today announced a multi-year strategic relationship to improve revenue cycle operations at Salem Health, a multi-hospital system in Oregon’s mid-Willamette Valley. This relationship will enable Salem Health to leverage Accretive Health’s distinctive operating model, including its rigorous processes and proprietary technology, to improve revenue yield and enhance patient satisfaction across Salem Health’s network of facilities. By partnering with one of the largest of Oregon’s 58 acute care hospitals, the relationship also broadens Accretive Health’s strategy and reach in the Pacific Northwest.
The relationship is the first revenue cycle client for Accretive Health in the Oregon and expands the company’s service to patients in Pacific Northwest.
On Thursday, March 26th at 2PM Eastern, insidePatientFinance.com will present a complimentary 75-minute webinar for healthcare providers and revenue cycle professionals to learn how UMC gathered the tools, resources, and know-how to bring revenue integrity to life. The free, 75-minute webinar entitled Building a Revenue Integrity Department from Scratch: One Hospital’s Story will feature Allen and Craneware’s Michael Najera as they walk through step-by-step the process of how UMC built a Revenue Integrity Department into a revenue cycle powerhouse that generates millions of dollars each year.
According to a breaking news report on insidePatientFinance.com, the U.S. Department of Health and Human Services last night released the long-delayed omnibus regulations package that contains wide-ranging changes related to healthcare information security, compliance, jurisdiction, and enforcement.
Join insidePatientFinance.com and Capio Partners on February 14, 2013, for a free, live webinar–Healthcare Debt Sales: Tips to Boost Revenue and Effectively Manage Patient Relationships– that’s packed with practical advice and expert insights from a medical debt purchasing exec and a former hospital executive director involved with selling delinquent patient A/R . Bring your toughest questions for the panel of experts, including former the former Executive Director at Cleveland Clinic, to answer.
Consumer complaints against debt collection agencies has become the ARM industry’s most visible data point in recent years. The eye-popping numbers are widely circulated in national and regional press and used to paint a sometimes-unfair picture of debt collection industry practices.
When the CFPB takes over responsibility for debt collection complaints, that image is not likely to improve, based on data already being collected on credit card complaints.
If there is no attempt to resolve or even verify the accuracy of reported complaints, then what good is the data? However, this unverified data is used by consumer advocacy groups to attack the ARM industry and also by many politicians as a reason to promote more legislation.
In announcing its Final Rule Defining Larger Participants of the Consumer Debt Collection Market yesterday, the CFPB affirmed that medical debts will not be included in the definition of receipts. Specifically, the rule “excludes from the definition of annual receipts those receipts that result from collecting debts that were originally owed to a medical provider.” According [...]
The public hearing on U.S. Treasury Department’s Internal Revenue Service regulations limiting how not-for-profit hospitals can collect debts from its patients has been postponed to Dec. 5. The hearing will cover proposed rules that clarify IRS regulations regarding how a hospital manages its financial assistance policy (FAP) and emergency medical care policy, and how it collects [...]