CoreCare’s Post

Dive into the world of value-based care with us! Understanding the impact on patient care & reimbursement is key for physicians & healthcare organizations. Join our webinar on Tuesday, March 26 at 1 PM ET to master risk adjustment coding reviews. Learn best practices, overcome challenges, and leverage technology for financial success in valued-based contracts. Save your seat: https://hubs.ly/Q02qqs7g0 #healthcare #valuebasedcare #webinar #riskadjustment

Ever wondered how top organizations seamlessly navigate the Sunshine Act? The Sunshine Act legislation, also known as the Physician Payments Sunshine Act, aims to enhance transparency in relationships between healthcare providers and manufacturers. 📋 Ensuring compliance with Sunshine Act requires meticulous planning and to help you navigate this process seamlessly, here are four key steps for your organization: 1️⃣ Data Completeness: validate information about your beneficiaries, capture every transaction, eliminate duplicates, and include compliance documentation for comprehensive reporting. 2️⃣ Data Accuracy: Validate amounts, classify activities, and confirm transaction dates for accurate reporting. 3️⃣ Reporting Format: Stay informed about local reporting formats and tailor your reports accordingly. 4️⃣ Submission Timelines: Strategically plan for data gathering, validation, and updates to ensure a smooth submission process. We understand the complexities of Sunshine Act compliance. Our expertise spans process, compliance, and technology, enabling us to guide you every step of the way. Let's make reporting a breeze – swipe right in the graphics below to learn more about healthcare transparency. 🌐

Navigating the Pitfalls of Overdocumentation in Healthcare Overdocumentation in the healthcare sector is a critical issue that poses risks to the integrity of medical billing and patient care. This practice involves inserting false or irrelevant documentation to unjustifiably support billing for higher-level services. Electronic Health Record (EHR) technologies, with features like auto-populating fields and template-based extensive documentation, can inadvertently contribute to this problem if not carefully managed. When these automatically generated notes are not thoroughly reviewed and edited by healthcare providers, it can lead to inaccurate records that suggest more comprehensive services were performed than actually were. Protect your practice's integrity and ensure the highest standards of patient care with Symbion Coding. Discover how our expertise can guide you in refining documentation practices to prevent overdocumentation and maintain compliance. Schedule a free consultation today: https://lnkd.in/eb5Stpit #HealthcareIntegrity #MedicalDocumentation #EHR #SymbionCoding

Is your service fee arrangement meeting the needs of your practice and clinicians? Interested in comparing alternatives? Developed specifically for healthcare practices, our Service Fee Type Converter gives this comparison. Steps: 1. Download the converter tool linked below. 2. Input your current service fee type and relevant figures. 3. Select an alternate fee type. 4. Get the comparable figures. There’s no one-size-fits-all when it comes to service fee calculation methods, but having the right one helps balance the potential risks and rewards and keeps things fair for both your practice and clinicians. Follow this link https://lnkd.in/gP48atjE to download the tool and do your review ⚡ #HealthcareManagement #Servicefees #Medical

Is your service fee arrangement meeting the needs of your practice and clinicians? Interested in comparing alternatives? Developed specifically for healthcare practices, our Service Fee Type Converter gives this comparison. Steps: 1. Download the converter tool linked below. 2. Input your current service fee type and relevant figures. 3. Select an alternate fee type. 4. Get the comparable figures. There’s no one-size-fits-all when it comes to service fee calculation methods, but having the right one helps balance the potential risks and rewards and keeps things fair for both your practice and clinicians. Follow this link https://lnkd.in/gP48atjE to download the tool and do your review ⚡ #HealthcareManagement #Servicefees #Medical

Is your service fee arrangement meeting the needs of your practice and clinicians? Interested in comparing alternatives? Developed specifically for healthcare practices, our Service Fee Type Converter gives this comparison. Steps: 1. Download the converter tool linked below. 2. Input your current service fee type and relevant figures. 3. Select an alternate fee type. 4. Get the comparable figures. There’s no one-size-fits-all when it comes to service fee calculation methods, but having the right one helps balance the potential risks and rewards and keeps things fair for both your practice and clinicians. Follow this link https://lnkd.in/ghtRFC3R to download the tool and do your review ⚡ #HealthcareManagement #Servicefees #Medical

In the complex world of healthcare, clear and specific documentation directly impacts the financial health of healthcare organizations. Clear records are essential for accurate billing and coding, reducing the risk of claim denials, and ensuring timely reimbursement. Specific documentation also supports compliance with coding and billing regulations. Why is clear documentation important? 👉 Patient Care and Continuity 👉 Billing and Revenue Cycle Management 👉 Enhancing Patient Safety 👉 Patient Engagement and Informed Decision Making Proper and clear documentation supports patient safety, accurate billing, and overall quality improvement, contributing to a healthcare system that is efficient, transparent, and patient-centered.

Is your service fee arrangement meeting the needs of your practice and clinicians? Interested in comparing alternatives? Developed specifically for healthcare practices, our Service Fee Type Converter gives this comparison. Steps: 1. Download the converter tool linked below. 2. Input your current service fee type and relevant figures. 3. Select an alternate fee type. 4. Get the comparable figures. There’s no one-size-fits-all when it comes to service fee calculation methods, but having the right one helps balance the potential risks and rewards and keeps things fair for both your practice and clinicians. Follow this link https://lnkd.in/gP48atjE to download the tool and do your review ⚡ #HealthcareManagement #Servicefees #Medical

Is your service fee arrangement meeting the needs of your practice and clinicians? Interested in comparing alternatives? Developed specifically for healthcare practices, our Service Fee Type Converter gives this comparison. Steps: 1. Download the converter tool linked below. 2. Input your current service fee type and relevant figures. 3. Select an alternate fee type. 4. Get the comparable figures. There’s no one-size-fits-all when it comes to service fee calculation methods, but having the right one helps balance the potential risks and rewards and keeps things fair for both your practice and clinicians. Follow this link https://lnkd.in/gP48atjE to download the tool and do your review ⚡ #HealthcareManagement #Servicefees #Medical

Healthcare institutions operate in a complex regulatory environment with constantly evolving state-by-state policies that impact coverage and reimbursement. This patchwork system creates significant administrative burdens, diverting resources from patient care. Traditionally, healthcare leaders have shouldered these administrative tasks internally. However, the ever-increasing complexity of revenue cycle management (RCM) makes this approach unsustainable. A strategic shift towards outsourcing RCM services will help leaders strike the right balance between navigating the complexities of regulations and reimbursement and delivering exceptional patient care.