Orthopedic trauma surgery reimbursements have been dropping. According to a study in the Journal of Orthopaedic Trauma, reimbursement for trauma surgery has dropped by almost one-third over the past 20 years .
Next year promises interesting changes for the Medicare Physician Fee Schedule — many of which will help medical billers and medical coders adapt to a world that has heavily shifted to telehealth and that is still responding to a pandemic.
Cost containment has been a central topic in the healthcare revenue cycle management (RCM) conversations for years now, and the pressures of a pandemic have made it even more important.
Hospital A/R services are a complex mix of moving parts. Revenue cycle leaders who have found even small issues in their A/R face a decision-making process that covers the end-to-end revenue cycle, including patient registration and eligibility, POS collections, billing, and beyond.
The stress of front-line providers has justifiably gotten large amounts of attention. But at the same time, hospitals and health systems are fighting a silent battle — one that will impact the revenue cycle for months, and possibly years into the future.