By Ben Keeton Healthcare finance is the primary topic of interest as healthcare continues to evolve. Physicians and healthcare providers want to focus on treating their patients and working toward a healthier population. The financial teams work on a separate, but important, process to ensure the rules are being followed for a wide array of issues, including proper claims submission, timely payments and accurate reconciliation.…
How to create a culture of progression, reducing pressure on CEOs, CFOs.
By Justin Harris The culture of an organization is the by-product of every single employee’s daily routine. Research states that to develop a culture, whether it be positive or negative, takes at least five years. Becker’s Hospital Review stated, that “the average hospital CEO tenure is under 3.5 years.” The American College of Healthcare Executives…
Addressing chronic problems in revenue cycle
Every employee contributes to the success, failure of billing and collecting. By John Williamson Providers continue to suffer from chronic problems in the management of their revenue cycle processes. Office managers and revenue cycle directors are under intense pressure to maintain revenue in the face of increasing challenges from payers. The battle to get paid…
Corner Office: Meet Ben Chandler, president and CEO of the Foundation for a Healthy Kentucky
FAST FACTS Hometown: Versailles, Kentucky Family: Wife Jennifer, three children Hobbies: History, genealogy, baseball and travel. Currently reading: Dreamland, The True Tale of America’s Opiate Epidemic, by Sam Quinones Medical News: Why did you take on this role? What attracted you to it? Ben Chandler: My family has always interested in health policy, especially…
Is your compliance program effective?
OIG publishes compliance program metrics for healthcare and beyond. By Rene Savarise On March 27, 2017, the Office of the Inspector General (OIG) released a resource guide for measuring compliance program effectiveness aptly titled “Measuring Compliance Program effectiveness: A Resource Guide.” The resource guide, the result of collaboration between the OIG and the Health Care Compliance Association, contains over 400 performance measures. The assessment tool set out in the…
Preventing early childhood adversity before it starts: Maximizing Medicaid opportunities
By: Alexandra Maul and Stephen Somers, PhD The first 1,000 days of a child’s life are a critical window for cognitive, physical and social development. Exposure to adverse experiences during this period and beyond in early childhood dramatically increases the potential for lifelong poor health and social outcomes. This in turn can result in substantially increased healthcare costs across an…