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A business journal devoted to the management and finance of health care organizations and integrated delivery systems. Includes news and information on information systems, patient accounts, practice management, and the financing of alternative delivery s
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Long-awaited "75 percent" rehab rule expands qualifying conditions.(Policy Watch)(Brief Article)
June 1, 2004... On April 30, CMS announced the final rule revising the criteria for classifying hospitals as inpatient rehabilitation facilities (IRFs) for purposes of Medicare payment.
The final rule provides for a transition period during which the...
CMS eliminates statement-of-intent procedures for medicare claims.(Policy Watch)(Centers for Medicare and Medicaid Services)(Brief Article)
June 1, 2004... Effective May 24, 2004, written statement-of-intent (SOI) procedures will no longer be required for Medicare claims, CMS announced in an April 23, 2004, final rule. The SOI extends the timeframe for filing Medicare claims. Providers, suppliers,...
DOL rule enhances "white collar" exemption regulations.(Policy Watch)(Department of Labor)
June 1, 2004... The Department of Labor (DOL) published a final rule in the April 23 Federal Register that strengthens the overtime pay protections established under the Fair Labor Standards Act (FLSA). The new rule, effective August 23, 2004, updates the...
CMS clarifies rural status for transitional outpatient payments.(Policy Watch)(Centers for Medicare and Medicaid Services)(Brief Article)
June 1, 2004... For the purposes of transitional outpatient payments (TOPs), a hospital is considered rural if it is geographically rural, reclassified as rural for wage index purposes, or reclassified as rural for the standardized amount, according to an...
President Bush launches electronic health record initiative.(Policy Watch)(Brief Article)
June 1, 2004... President Bush directed HHS to create the new position of national health information technology coordinator by an executive order issued on April 27. The national coordinator is charged with providing "leadership for the development and...
CMS publishes edits to home health consolidated billing.(Policy Watch)(Centers for Medicare and Medicaid Services )(Brief Article)
June 1, 2004... Recent testing of home health consolidated billing has revealed that Medicare regional home health intermediaries have a problem with common working file edits. If a home health episode of care is denied, the therapy services for that episode...
The Medicare psychiatric PPS is likely to be implemented in early 2005 for about 2,000 psychiatric facilities and units, according to a CMS staff report to the Hospital Open Door Forum on April 13.(Centers for Medicare and Medicaid Services)(Brief Article)
June 1, 2004... ... The Medicare psychiatric PPS is likely to be implemented in early 2005 for about 2,000 psychiatric facilities and units, according to a CMS staff report to the Hospital Open Door Forum on April 13. CMS is starting now to develop the final...
High turnover, resulting from low pay and limited career growth, is the cause of the shortage of long-term healthcare paraprofessionals responsible for providing core to an increasing percentage of chronically ill, disabled, and elderly people.(Brief Article)
June 1, 2004... ... High turnover, resulting from low pay and limited career growth, is the cause of the shortage of long-term healthcare paraprofessionals responsible for providing core to an increasing percentage of chronically ill, disabled, and elderly...
Hospitals can change patient status code without penalty.(Policy Watch)(Brief Article)
June 1, 2004... Hospitals can change certain patient status codes on bills without fear of penalty from the Office of Inspector General (OIG), CMS announced in an April 16 one time notification. Previously, CMS instructed hospitals to change the patient status...
Pension law eases funding burden, protects resident matching programs.(Policy Watch)(Brief Article)
June 1, 2004... For plan years beginning after December 31, 2003, and before January 1, 2006, employers will be able to use a higher interest rate to calculate required contributions to defined benefit pension plans. The recently enacted Pension Funding Equity...
Adequate payment versus fiscal control: an elusive balance.(State Policy Watch)
June 1, 2004... Since Medicaid was created as Title XIX of the Social Security Act of 1965, policymakers have debated the adequacy of Medicaid provider payment rates.
State legislatures, program administrators, and providers have sought to find the proper...
Beyond the Numbers: my theme, "Beyond the Numbers," has a lot of significance for me. It means going beyond the obvious, looking deeper.(From The Chairman)(Joyce Zimowski, Healthcare Financial Management Association)
June 1, 2004... We in healthcare finance must go beyond census counts and financial reports. To provide real financial and business guidance, we must focus on leadership, relationships, networking, and customer satisfaction. Although essential, technical...
Increasing uninsured burden reflected in HCA reports.(Industry Watch)(Health Care Administration)(Brief Article)
June 1, 2004... The financial impact of the growing uninsured burden on providers is illustrated in the most recent financial results of HCA, one of the largest healthcare providers in the nation. For the quarter ended March 31, 2004, financial results fell...
First Quarter Not-for-Profit financial results indicate stability.(Industry Watch)(Brief Article)
June 1, 2004... Standard & Poor's projects stability for not-for-profit health care, citing a predominance of rating affirmations and the growing number of positive outlook revisions for the first three months of 2004. In its quarterly report on not-for-profit...
Report shows people at risk for poor health care across United States.(Industry Watch)(Brief Article)
June 1, 2004... A new analysis from RAND Health based on the community quality index (CQI) study reports on a comprehensive examination of how effectively care is delivered in 12 metropolitan areas--Boston; Cleveland; Greenville, S.C.; Indianapolis; Lansing,...
Blue Cross "strike force" confronts fraud.(Industry Watch)(Brief Article)
June 1, 2004... The Blue Cross and Blue Shield Association (BCBSA) has organized a "strike force" of seasoned Blue plans investigators to work with the FBI and national, state, and local law enforcement agencies in prosecuting insurance fraud schemes, the...
VHA health foundation poll: hospital community benefits increasing.(Industry Watch)(Voluntary Hospitals Association)(Brief Article)
June 1, 2004... Seventy percent of hospital representatives polled at a national gathering of healthcare professionals say their not-for-profit healthcare organizations expect to increase the activities or resources expended for their community benefit...
Federal interest rate hike expected this summer.(Industry Watch)
June 1, 2004... A hike in interest rates is coming at the Federal Reserve's June meeting, predicts economic forecasting firm Global Insight. Predictions of a hike began with Federal Reserve chairman Alan Greenspan's remarks to the Joint Economic Committee and...
Study: insurance mergers and acquisitions likely to increase in 2004.(Industry Watch)(Brief Article)
June 1, 2004... Last year's mergers and acquisitions in the insurance industry reached the highest level since 1998 in dollar terms, even while the total number of transactions continued its long decline since the same year, according to a study by Conning...
AHA: hospitals play important role in nation's economy.(Industry Watch)(Brief Article)
June 1, 2004... Spending on health care is an investment in people and the economy, the American Hospital Association (AHA) emphasized at its annual meeting May 2-4 in Washington, D.C.
Hospitals support one out of every nine jobs in the United States,...
Small employers pay more for health insurance dollar.(Industry Watch)
June 1, 2004... Small businesses that provide health insurance for their employees consistently get less for their money, suffering faster premium increases and steeper jumps in deductibles over time than large firms, according to a new report from the...
HMO profits rise to $6.7 billion in 2003.(Industry Watch)(Brief Article)
June 1, 2004... The nation's HMOs continue to post healthy profits, earning $6.7 billion in the first nine months of 2003, a 52 percent increase over the $4.4 billion reported a year ago, according to Weiss Ratings, Inc. The strength of HMOs has improved...
Quotes of note.(Industry Watch)(Brief Article)
June 1, 2004... "The Bush administration drug cards flunk the truth-in-advertising test. They're no solution for sky-high drug prices."
--Sen. Ted Kennedy (D-Mass.), on the new drug discount cards.
"A 10 percent or 15 percent discount is not a price...
Study indicates Medicare PPOs will face challenges.(Industry Watch)(preferred provider organizations)
June 1, 2004... Medicare PPOs will struggle to increase benefits and improve quality, according to a Center for Studying Health System Change (HSC) study released on April 29.
Initially, substantial payment increases to private plans in the new Medicare...
Clarke receives AHA award.(HFMA News)(Brief Article)
June 1, 2004... The American Hospital Association (AHA) has conferred its Board of Trustees Award on HFMA President and CEO Richard L. Clarke, FHFMA. The award is presented to individuals or groups who have made substantial and noteworthy contributions to the...
HFMA comments on Circular 230 regulations.(HFMA News)(Healthcare Financial Management Association)
June 1, 2004... In response to concerns voiced from HFMA membership involved in raising capital through the issuance of tax-exempt bonds, HFMA has submitted a comment letter to the IRS regarding the proposed "Circular 230" regulations published in the December...
Pre-encounter assessment available.(HFMA News)(Brief Article)
June 1, 2004... HFMA recently released Self-Assessment Tool: Scheduling, Preregistration and Preauthorization, and Insurance Verification, a checklist to help providers assess pre-encounter activities and compare themselves with better-practice target levels....
HFMA solution can improve competency and compliance.(HFMA News)(Healthcare Financial Management Association)
June 1, 2004... Finding it a challenge to meet the human resource standards set by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), healthcare providers must ensure ongoing, periodic assessment so that, according to JCAHO's standard...
Financing the future statistics available.(HFMA News)(Brief Article)
June 1, 2004... HFMA in partnership with GE Healthcare Financial Services (with research conducted by HFMA and PricewaterhouseCoopers LLP) reports hospitals' capital spending on fixed assets (property, plant, and equipment) has been relatively flat in recent...
Implementing the MMA: a lot has been written about the adequacy of the drug benefit in the new Medicare Prescription Drug, Improvement, and Modernization Act (MMA) and the political arm-twisting needed to get the legislation through Congress.(Eye On Washington)
June 1, 2004... More recently, considerable attention has also been focused on the $134 billion discrepancy in the 10 year cost estimates of the legislation that comes from comparing the Congressional Budget Office's estimate of $400 billion with the Bush...
Internal audit consider the implications.(Business)
June 1, 2004... What do Andersen, Enron, K-Mart, and Qwest have in common?
How about National Medical Enterprises/Tenet, Columbia-HCA, and Allegheny Health, Education and Research Foundation (AHERF)? They all have contributed toward significant uncertainty...
The integrated revenue cycle making the case for change.(Revenue Cycle)
June 1, 2004... Healthcare institutions are finding it increasingly difficult to improve revenue-cycle performance. Current processes suffer from duplication of effort and overlapping responsibilities. Resources are not shared, resulting in miscommunication...
Joyce Zimowski takes HFMA beyond the numbers: numbers may be in the blood of Joyce A. Zimowski, FHFMA, CPA, but her experience and energy have led her to learn that financial management can be hard to quantify.(Special Section)(Healthcare Financial Management Association)(Certified Public Accountant)(Biography)
June 1, 2004... Even in school, Joyce Zimowski displayed the two main characteristics that would lead to her becoming HFMA's 54th National Chairman. One is a willingness to get involved. The other is a facility for financial management.
A native of...
Making the commitment to compliance: do you think the storm of federal compliance investigations is dying down? Think again.(Cover Story)
June 1, 2004... Benjamin Franklin once stated that "in this world nothing is certain but death and taxes." But corporate scandals and company failures of the past two years have produced life's third certainty: businesses will be subject to more oversight to...
Beneath the hype: MMA provisions you to know: the prescription drug benefit may be the most highly touted aspect of the new Medicare bill, but other provisions have more immediate significance for hospitals.(Feature Story)(Medicare Prescription Drug, Improvement, and Modernization Act of 2003)
June 1, 2004... To be fully informed about the recently enacted Medicare Prescription Drug, Improvement, and Modernization Act (MMA), you need to look past the marquee issues. While much publicized for its prescription drug coverage and renewed support for...
Knowing what to measure: by investing in a new clinical information system, one organization was able to improve patient care without adding staff while also increasing efficiency and productivity.(Feature Story)(electronic medical record)
June 1, 2004... In theory, calculating return on investment should be a simple exercise: add up the benefits realized and subtract the cost of implementation. Truly, that part of the exercise is simple enough. The difficult part comes much earlier: determining...
The right start: getting financial information from patients during your initial point of contact with them can be tricky. To improve data collection, one healthcare system revamped its business processes and introduced new technology.(Feature Story)(Susquehanna Health System)
June 1, 2004... It's a problem that most healthcare providers experience. Registration is frequently a patient 's first contact with a provider and presents a critical first step in revenue management. Yet the burden of collecting needed financial information...
Testing the GPO waters: as competition for your business continues to increase, it may be tempting to abandon your group purchasing organization (GPO) for a competitor. However, it's important to consider whether the savings presented can actually be realized.(Feature Story)
June 1, 2004... Can't you feel 'em circlin', honey? Can't you feel "era swimmin' around? You got fins to the left, fins to the right, And you're the only bait in town.--Jimmy Buffet
Such is the helplessness many hospital and healthcare administrators are...
Breaking up the transcription logjam can improve cash flow: Health Midwest, a family of healthcare services in Kansas City, restructured the transcription services for its 12-hospital system--with dramatic results.(Feature Story)
June 1, 2004... One question that healthcare organizations constantly ponder is: How can we reduce days in accounts receivable and accelerate the revenue cycle? Finding an answer to that question is essential to the success of any healthcare organization.
...
Stop the paper chase! Document management for today's hospitals.
June 1, 2004... Every day, hospitals face a tremendous irony: using the latest technology to diagnose and care for patients and then using the most archaic modes--filling out forms manually, sending faxes, copying and filing millions of paper forms each...
Chairman's letter.(Annual National Institute)(Brief Article)
June 1, 2004... Dear Colleagues:
We're all busy. We all face pressing business challenges. And we all want to improve our organizations' performance. We crave new ideas, but not just any ideas. We need ideas that work. And that's exactly what you'll find...
Events.(Sunday June 27, 2004)(Calendar)
June 1, 2004... Preconference Programs
8:00 a.m.-5:00 p.m.
See pages 14-17 for descriptions and locations
For a truly smart way to begin your ANI experience, register early for one of these full day programs:
* Patient Financial Services...
National core coaching course.(Preconference Sessions)(Brief Article)(Calendar)
June 1, 2004... Core Certification Review Session
8:00 a.m.-12:00 p.m.
Delta Island B
4.5 CPE Credits
Who Should Attend
Professionals interested in earning HFMA certification and preparing to take the Core certification exam.
Level...
National coaching Course descriptions.(Calendar)
June 1, 2004... Day-at-a-Glance
Registration
7:00 a.m.-8:00 p.m.
Self Assessment Course
8:00 a.m.-12:00 noon
National Coaching Courses and Specialty Sessions
8:00 a.m.-5:00 p.m.
Preconference Program Continental Breakfast
...
Events.(Monday June 28, 2004)(Calendar)
June 1, 2004... Day-at-a-Glance
7:00 a.m.-7:00 p.m.
Registration
7:00 a.m.-8:00 a.m.
Forums Breakfast
7:00 a.m.-5:00 p.m.
HFMA Certification Exams
7:30 a.m.-8:30 a.m.
Continental Breakfast
8:00 a.m.-10:00 a.m.
...
Monday course description.(Concurrent Sessions)(Calendar)
June 1, 2004... MONDAY, JUNE 28, 2004
10:30 a.m.--12:30 p.m.
A01--Canal D
Painful Compliance Lessons for Outpatient Therapy Providers
Who Should Attend
CFOs, compliance officers, COOs, and billing department personnel.
Level
...
Events.(Tuesday June 29, 2004)(Calendar)
June 1, 2004... Day-at-a-Glance
6:15 a.m.-7:30 a.m.
Run for the Health of It!
7:00 a.m.-6:00 p.m.
Registration
7:30 a.m.-8:30 a.m.
Continental Sessions
8:00 a.m.-10:00 a.m.
General Assembly
10:30 a.m.-12:30 p.m.
...
Tuesday course descriptions.(Concurrent Sessions)(Calendar)
June 1, 2004... TUESDAY, JUNE 29, 2004
10:30 a.m.-12:30 p.m.
C01--Delta C
Hospital-Physician Joint Ventures: Federal Regulatory Requirements
Who Should Attend
CEOs, CFOs, COOs, and other senior officers of hospitals and health systems....
Events.(Wednesday June 30, 2004)(Calendar)
June 1, 2004... Day-at-a-Glance
7:00 a.m.-3:30 p.m.
Registration
7:30 a.m.-8:30 p.m.
Continental Breakfast
8:30 a.m.-10:00 p.m.
Closing General Assembly
10:30 a.m.-12:30 p.m.
Concurrent Sessions
12:30 p.m.-1:30 p.m....
Wednesday course.(Concurrent Sessions)(Brief Article)(Calendar)
June 1, 2004... WEDNESDAY, JUNE 30, 2004
10:30 a.m.-12:30 p.m.
E01--Delta C
Six Key Legal Issues in Self-Pay Collections
Who Should Attend
Personnel in the business office responsible for self-pay collections, CFOs, and other finance...
Idea Exchange exhibit.(Brief Article)(Calendar)
June 1, 2004... MONDAY, JUNE 28-TUESDAY, JUNE 29 RYMAN C
Top Ten Reasons to Visit the Idea Exchange
10. Watch a product demo to keep up with the latest trends,
9. Check e mails and relax with a cup of coffee
8. Pick up the latest information...
Thursday Golf Tournament.(Idea Exchange Exhibit)(Brief Article)(Calendar)
June 1, 2004... THURSDAY, JULY 1, 2004
Shotgun Golf Tournament at the Hermitage Golf Course-President's Reserve
7:30 a.m. Shot Gun Start; 6:45 a.m. Departure Transportation departs at 6:15 a.m. from the Delta Portico of Gaylord Opryland Resort.
...
Welcome to Nashville!(See You Threre!)(Calendar)
June 1, 2004... It's no wonder why people visit Nashville. There's much more to Nashville than country music. You can visit the Grand Ole Opry, sneak a peak at the homes of the country stars, and spends days at the Country Music Hall of Fame. You can also...
HFMA thanks 2004 ANI sponsors *.(Healthcare Financial Management Association)(Annual National Institute)(Brief Article)
June 1, 2004... HFMA appreciates the generous support of our sponsors, who offer a wide range of high-quality products and services and help to defray the costs associated with holding HFMA's Annual National Institute this year in Nashville.
Booth#...
Exhibitors List *.(ACA International, Healthcare Services Program--HP3, Inc.)(Directory)(Illustration)
June 1, 2004...
Company Booth #
ACA International, Healthcare Services Program 325
4040 W 70th St, Minneapolis, MN 55435
95z-926-6547; fax: 95a-9a6-16%...
Exhibitors List.(Intellamed, Inc.--Zimmerman & Associates, LLC)(Directory)(Illustration)
June 1, 2004...
Company Booth #
Intellamed, Inc. 155
3608 E 29th St, Ste 109, Bryan, TX 77802-3814
979-260-8966; toll free: 877-682-8400;
fax:...
2004 Annual National Institute.(ANI At-A-Glance)(Illustration)(Calendar)
June 1, 2004...
2004 Annual National Institute
MONDAY, JUNE 28
10:30 A.M.- 2:30 P.M.-
12:30 P.M. 4:30 P.M.
Regulatory Painful Com- Hospitals and
News ...
Due diligence and leadership: healthcare financial managers with some gray in their hair may recall a time when no one in health care had heard of due diligence.(Leadership And Management)
June 1, 2004... Today, it would be unusual to find a healthcare manager who is not familiar with the concept. Finding a healthcare financial manager, in particular, who lacks knowledge of the concept is unlikely. Healthcare financial managers understand how...
I read with interest the excellent article titled "Diversity: How Does It Help?" by Jim Summers, PhD, CHE, and Michael Nowicki, EdD, FACHE, FHFMA, in the February 2004 issue of hfm.(Letter to the Editor)
June 1, 2004... I read with interest the excellent article titled "Diversity: How Does It Help?" by Jim Summers, PhD, CHE, and Michael Nowicki, EdD, FACHE, FHFMA, in the February 2004 issue of hfm. It should be noted that the American College of Healthcare...
HIPAA compliance not so great? maybe it's time to coordinate: healthcare laws and regulations these days, particularly HIPAA and its associated technology implications, have become a maze of layers that intrude on everyday operations and require new approaches to compliance.(Digital Perspectives)(Health Insurance Portability and Accountability Act)
June 1, 2004... Unfortunately, most organizations have not adjusted and continue to use a traditional approach to compliance that lends itself to redundancy, waste, and ineffectiveness. What can you do to ensure you're keeping up with the times? Today's...
Prioritizing growth opportunities.(New Revenue Growth)
June 1, 2004... Regional Medical Center is a 400-bed hospital located in the affluent northern suburbs of a medium-sized metropolitan area in the Midwest. Regional's revenues are approaching $200 million annually and have been increasing by an average of 10...
Calendar.(Calendar)
June 1, 2004...
Fall 2004 Seminars
Level Seminar 9/27-30 10/11-14
Englewood, CO Cambridge, MA
Financial Management
I/A Achieving Breakthrough
...
North Carolina Hospital Association.(People)(Amelia Bryant appointed)(Brief Article)
June 1, 2004... Amelia Bryant (North Carolina Chapter)
Ms. Bryant, a former member of HFMA's National Board of Directors, has joined North Carolina Hospital Association, Cary, N.C., as director of finance. She had been administrator, cost...
PricewaterhouseCoopers LLP.(People)(Brief Article)
June 1, 2004... David M. Gale (Minnesota Chapter)
Mr. Gale has been named director, transaction services, PricewaterhouseCoopers LLP, Minneapolis. Previously, he was senior manager, transaction advisory services, Ernst & Young LLP, Minneapolis.
Carlisle Regional Medical Center.(People)(Cory Rhoades has been appointed)(Brief Article)
June 1, 2004... Cory Rhoades, CPA (Appalachian Chapter of Central Pennsylvania)
Mr. Rhoades has been named CFO, Carlisle Regional Medical Center, Carlisle, Pa. Previously, he was controller, Lancaster Regional Medical Center, Lancaster, Pa.
Stockamp & Associates.(People)(Brief Article)
June 1, 2004... Mark F. Richardson (Texas Gulf Coast Chapter)
Mr. Richardson has been appointed senior manager, Stockamp & Associates, Lake Oswego, Ore. Formerly, he was principal, Capgemini Ernst & Young, Houston.
Carlsbad Medical Center.(People )(Janet Carbary appointed)(Brief Article)
June 1, 2004... Janet Carbary (New Mexico Chapter)
Ms. Carbary has been appointed CFO, Carlsbad Medical Center, Carlsbad, N.Mex. Previously, she was CFO, OrthoRX, Plano, Tex.
The Jewish Guild for the Blind.(People)(Brief Article)
June 1, 2004... Kellyanne Caivano (Metropolitan New York Chapter)
Ms. Caivano has been promoted from director of finance to vice president of finance, The Jewish Guild for the Blind, New York.
Clinton Memorial Hospital.(People)(Brief Article)
June 1, 2004... Karen A. Shadowens, CPA (Southwestern Ohio Chapter)
Ms. Shadowens has joined Clinton Memorial Hospital, Wilmington, Ohio as financial services manager/controller. She had been site finance director, Mercy Hospital Clermont, Batavia, Ohio.
Southeastern Gynecologic Oncology, LLC.(People)(Brief Article)
June 1, 2004... James Belts, FHFMA, MBA (Georgia Chapter)
Mr. Betts has been appointed director, patient financial services, Southeastern Gynecologic Oncology, LLC, Atlanta. Previously, he was director of billing, WellStar Health System, Marietta, Ga.
Health Directions.(People)(Brief Article)
June 1, 2004... Yvonne Bokelman (Colorado Chapter)
Ms. Bokelman has been named executive vice president, Health Directions, Chicago. Formerly, she was group vice president, Precyse Solutions, Englewood, Colo.
Bon Secours Richmond Health System.(People)(Brief Article)
June 1, 2004... Kevin Sheppard, CHFP, CPA (Virginia Chapter)
Mr. Sheppard has been appointed vice president, finance, Bon Secours Richmond Health System, Richmond, Va. He had been director of finance, Baptist Health System, Birmingham, Ala.
Faith Regional Health Services.(People)(Brief Article)
June 1, 2004... Douglas Wismer, CPA (Nebraska Chapter)
Mr. Wismer has been named controller, Faith Regional Health Services, Norfolk, Nebr. He had been controller, Yuma Regional Medical Center, Yuma, Ariz.
Ashland Regional Health Center.(People)(Brief Article)
June 1, 2004... Jeff Chilson (Appalachian Chapter of Central Pennsylvania)
Mr. Chilson has joined Ashland Regional Health Center, Ashland, Pa., as CFO. Formerly, he was controller, Laurel Health System, Wellsboro, Pa.
Annual growth rate moderates for healthcare employment cost; inches up for health care.(Data Trends)
June 1, 2004... Compensation costs increased 3.5 percent for providers of health services for the year ended March 2004, compared with a 3.7 percent rise for the year ended March 2003, according to the Employment Cost Index (ECI) data released by the Bureau of...
Plante & Moran: helping hospitals face the challenges of OPPS revenue management and compliance.
June 1, 2004... As reported recently by the HFMA, 56 percent of major problems associated with compliance and cash flow are a direct result of coding errors. More astonishing, 86 percent of those errors are a result of HCPCS coding. The charge description...
HFMA's secrets revealed: we've been keeping something from you. Not intentionally. In fact, we work hard to let you know all about our many activities.(From The President)(Healthcare Financial Management Association)
June 1, 2004... But we may still have some secrets that even our most dedicated members don't know.
You can test your HFMA aptitude by seeing how many of these secrets you know. First, some questions about our past:
* When was HFMA formed? What was...