The University of Pittsburgh Medical Center will be investing $100 million over five years to create a comprehensive data warehouse to house financial, clinical, administrative and other information from more than 200 sources, according to Information Week.
ASC Coding, Billing & Collections
An optimally functioning revenue cycle is crucial to an ambulatory surgery center's success.
Litton & Giddings Radiological Associates announced a potential HIPAA breach, which may impact the personal health information of 13,000 patients, according the Healthcare IT News.
Outsourcing billing services may be a helpful option for surgery centers and physician groups who want to focus on patient issues rather than being financially-centric, according to Med City News.
In the third quarter of the 2012 federal fiscal year, Medicare Recovery Auditors (RACs) collected $657.2 million in overpayments — the highest total of any quarter since October 2009, according to CMS' quarterly RAC newsletter (pdf).
Advertisement
Three physicians and health policy directors with Physicians for a National Health Program conducted a study on how Medicare pays private insurers, also known as Medicare Advantage plans, and they identified overpayments totaling $282.6 billion since 1985.
Pyramid Healthcare Solutions, a revenue cycle management company, has hired two senior-level executives.
A Metairie, La., physician pleaded guilty to the U.S. Attorney's Office for fraudulently billing Medicare and Medicaid, according to WWLTV.
More than a quarter-million Medicare beneficiaries in Washington had their identities stolen, and the government said it won't issue new IDs, according to Press Connects.
Juergen Fritsch, chief scientist at Franklin, Tenn.-based M*Modal, and his colleagues developed natural language understanding technology for healthcare to help computerized systems turn spoken and typed words into structured data, according to Healthcare IT News.