A Greenfield, Indiana-based hospital paid a ransom recently to regain access to its computer system.
Trouble viewing? See it online! Friday, January 19, 2018

News
Indiana hospital hit by ransomware pays hackers
Source: Revenue Cycle Advisor
A Greenfield, Indiana-based hospital paid a ransom recently to regain access to its computer system.
Tip of the week

“Timely charge capture is so important because it dictates your reimbursement and the true revenue you get back as a healthcare system. This specifically relates to timely filing denials, as well as our state Medicaid late charge policy.”
- Bruce Preston, CPC, director of revenue integrity at Grady Health System
 

Revenue Cycle Advisor Subscriber Content 

Director's desk: Tips and tricks to ensure efficient observation care delivery
Source: Revenue Cycle Advisor
The 2-midnight rule was designed to simplify decisions on whether to order inpatient or outpatient observation services for patients and to reduce the volume of observation cases. However, some hospitals and healthcare systems have reported that the rule has actually increased confusion around level of care, without lowering observation volumes.
 

Daily Q&A
Q&A: Medicare billing for recurring services
Source: Revenue Cycle Advisor
Q: Could you discuss or explain evaluating encounter billing vs. monthly billing for recurring outpatient services such as chemotherapy infusions or radiation oncology?

Need expert advice?
Email your questions for consideration in the Revenue Cycle Daily Advisor. Note: We do not guarantee that all questions will be answered.
 

Upcoming CMS Events
Tuesday 1/23 - ESRD QIP: Final Rule for CY 2018 Call
Tuesday 1/23 - Special Open Door Forum: New Medicare Card Project
Tuesday 1/30- Q&A Open Forum: BPCI Advanced Model Overview and Application Process
Monday 2/5- The Merit-based Incentive Payment System: Annual Call for Measures and Activities
 

Product Spotlight

The Coder's Guide to Physician Queries

This book provides easy-to-follow strategies for coding departments to improve query processes and train coders on developing and executing physician queries. Using the tools in this guide, new and established coders can revise their practices and train staff to meet the challenges of integrating ICD-10-CM/PCS codes into queries, government payer initiatives, auditor denials, and electronic advances.
 

    

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What's New

Addressing complex commercial denials with a clinical perspective

This white paper shares how to successfully address the increased flow of commercial denials by infusing clinical expertise into the denial and management processes.
 
 

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