As the COVID-19 pandemic has gripped the world, many providers have adopted an all-hands-on-deck approach and mentality for treating COVID-19 patients, stretching their resources to the breaking point. We have heard about the frontline heroes who have sacrificed their own health and safety to treat patients and, in less-fortunate scenarios, comfort patients in their last moments as they were quarantined from loved ones. What has been less recognized is the work and sacrifice
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FCC Surpasses $100M in Approved COVID-19 Telehealth Program Applications
What You Should Know: - FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 305 healthcare providers in 42 states plus Washington, D.C. for a total of $105M in funding. The Federal Communications
Commission’s Wireline Competition Bureau today approved an additional 67 funding applications
for the COVID-19 Telehealth Program. Healthcare
providers in both urban and rural areas of the country will use this $16.87M in
funding to
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RCM Myth: Healthcare Billing Is Just A Back-Office Job
Historically, there was a belief in healthcare that revenue cycle management (RCM) was only a job for the back office. But today, medical practices are well-aware all staff members are critical to the revenue cycle. This responsibility extends through every aspect of a practice, from the front office to back office with the clinical staff in between. The front office, for example, plays a role in generating revenue, because they can optimize scheduling and collect patient and insurance
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A Matter of Trust: 3 Tips for Outsourcing Out-of-Pocket Support
The cost of family health coverage topped $20,000 this year—as much as an economy car. As consumers shoulder higher out-of-pocket costs than ever, health systems are bracing for the impact.
A recent survey found that while 81 percent of healthcare leaders say rising consumer responsibility will affect revenue, leaders of larger organizations are even more concerned about the toll on finances:
- 33 percent of health system executives believe increased consumer responsibility will have a
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TrialCard Acquires Digital Medication & Adherence Platform Mango Health
- TrialCard acquires digital medication management platform Mango Health to offer a best-in-class engagement and adherence solution to patients. - The announcement marks the third acquisition for TrialCard in the past year. - TrialCard Incorporated provides patient affordability, medication access and adherence, and patient support connecting over 30 million patients with nearly $12B in branded drug savings to date. TrialCard
Incorporated announced it has entered an agreement to
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Seniors are Losing Billions of Dollars Buried in Unused Benefits from Medicare and Other Agencies
Guest post by Peggy Gavan According to a report released by the National Council on Aging (NCOA) and National Association of Area Agencies on Aging (n4a), millions of low-income older adults are missing out on over $20 billion in free and low-cost support that could help pay for health care, prescriptions, food, and utilities. The main reason why seniors are not taking advantage of these resources? They simply don’t know the money is there for them.
In response to this disconnect, the
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Report:PPACA Would Reduce Number of Uninsured from 50 million to 26 million
In a recent report published last month by the Urban Institute and Robert Johnson Foundation states that if the Patient Protection and Affordable Care Act (ACA) is enacted, it would reduce the number of nonelderly uninsured Americans from 50 million to 26 million. However, if the Individual Mandate clause of the PPACA is repealed, the number of uninsured Americans will rise between 40 and 42 million. The report also states that ACA would increase private insurance by 7 million people and if
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