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News
Hospital margins fell 174% in April due to COVID-19
Source: ACDIS
The latest National Hospital Flash Report by Kaufman Halls found that hospital finances across the country suffered a “brutal” month in April as “steep volume and revenue declines drove record-poor margin performance.”
July quarterly CLFS update adds HCPCS codes for laboratory testing
Source: Revenue Cycle Advisor
CMS released several new HCPCS codes for laboratory testing services, effective July 1, as part of its quarterly update to the Clinical Laboratory Fee Schedule (CLFS).
Earn a free webinar by participating in an HCPro focus group
HCPro would like to invite you to participate in a revenue cycle focus group. As a thank-you, focus group participants will receive a free on-demand webinar. Click here to enter your information and vote for your choice of focus group date and time. Space is limited, so sign up today!
 

Revenue Cycle Advisor Subscriber Content

Back to the office: Security steps to protect your organization
Source: Revenue Cycle Advisor
A few months into the COVID-19 pandemic, people are gradually beginning to return to work. Chris Apgar, CISSP, reviews updates to device security that healthcare organizations need to make to ensure that patient data collected during the public health emergency is secure.
 

Daily Q&A
Q&A: Applying OIG guidance to laboratory billing policies
Source: Revenue Cycle Advisor
Q: What guidelines do the Office of Inspector General (OIG) expect to see in our laboratory billing policies?

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
Thursday, 6/25 - Special Open Door Forum: Medicare Documentation Requirement Lookup Service
Thursday, 7/9 - Medicare Part A Cost Report: New Online Status Tracking Feature Call
Wednesday, 7/22 - Noninvasive Positive Pressure Ventilation in the Home for Chronic Respiratory Failure Consequent to Chronic Obstructive Pulmonary Disease
 

Product Spotlight

2020 Modifier Update: Guidance for Effective Hospital Reporting

During this 90-minute webinar, Sarah L. Goodman, MBA, CHCAF, COC, CHRI, CCP, FCS, and Susan E. Garrison, CHCA, CHCAS, CCS-P, CHC, CPAR, CPC, COC, will review the proper application of commonly reported E/M, anatomic, and procedural service modifiers. Their presentation will include case scenarios for reporting modifiers -58, -25, and -27, and modifiers -X {EPSU}.
 

    

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Coronavirus and Pandemic Response

Find the latest resources on preparing your facilities to respond to the ongoing COVID-19 outbreak.
 
 

What is Revenue Cycle Advisor?

Revenue Cycle Advisor combines all of HCPro's revenue cycle and Medicare regulatory and reimbursement resources in one place—whether you’re looking for information on billing, coding, CDI, case management, finance, or HIPAA.

Don’t just read the news—read our in-depth expert analysis on the latest rules and regulations.

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