A system error caused Cigna to expose the bank account information of some clients in Asia, Bloomberg reports.
ASC Coding, Billing & Collections
Michael Frey, MD, pled guilty in federal court to receiving kickbacks from a medical equipment supplier and pharmacy sales representative, according to a Nasdaq report.
A former coding employee accused St. Joseph, Mo.-based Heartland Regional Medical Center of wrongfully firing her for expressing concerns about fraudulent billing practices, the St. Louis Record reports.
Revenue cycle management begins with the patient appointment and doesn't end until every last penny is collected, said former Miami-based Gastro Health CEO Alex Fernandez, MBA, CMPE.
During a speech, President Donald Trump predicted several drugmakers would voluntarily drop their prices by a "massive" amount, Politico reports.
Sen. Jeff Merkley, D-Ore., introduced the Choose Medicare Act in the U.S. Senate to provide consumers and employers the option to enroll into a newly created universal Medicare option.
New Jersey is the second U.S. state to implement a statewide individual mandate pertaining to health insurance, Politico reports.
12 key billing statistics: Payment experience causes 65% of patients to consider switching providers
Patient education and outreach hasn't kept pace with healthcare spending, which is projected to reach $608 billion in out-of-pocket costs by 2019, according to InstaMed's Trends in Healthcare Payments Eighth Annual Report: 2017.
WellCare Health Plans agreed to acquire Meridian Health Plan of Michigan and Illinois, as well as pharmacy benefit manager MeridianRx, for $2.5 billion in cash.
