Posted on Jan 26, 2023 01:00 PM
Hospitals and health systems have lost significant revenue, including bad debt from Medicare accounts, because of the impact of the COVID-19 pandemic. While the Centers for Medicare and Medicaid Services (CMS) provide reimbursement for roughly $3.5B of unpaid deductible and coinsurance amounts per year to hospitals for Medicare bad debt, nearly ...
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Posted on Jan 09, 2023 01:00 PM
Meduit's SARA (Supervised Autonomous Revenue Associate) has worked more than 1 million hospital, health system and physician accounts since her launch. Just a few months ago, she achieved the goal of completing the work of more than 100 full-time employees, freeing staff to focus on more complex RCM challenges.
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Posted on Jan 04, 2023 01:00 PM
Meduit’s Net Promoter® Score (NPS) from our client surveys for 2022 is in. We are very pleased to report we’ve achieved a rating of 68, which is an increase of TEN points over 2021. To compare, other companies received these scores:
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Posted on Jan 03, 2023 01:00 PM
As we usher in a new year, it’s tempting to think last year's challenges will magically go away, and we can start with a clean slate. Unfortunately, three years of COVID-19 continue to impact hospitals, health systems and physician groups. In revenue cycle management, we expect that the healthcare industry will still be dealing with:
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Posted on Dec 12, 2022 01:00 PM
Approximately 5% of the patient population - or 3.8 million - drop from public coverage every month, resulting in $38 billion in uncompensated care in spite of the fact that more patient encounters qualify for reimbursement than ever before due to the passage of the Affordable Care Act (ACA). The states that have expanded Medicaid have made the ...
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