TITLE

Hospital earns financial rewards for inpatient MTM services

AUTHOR(S)
Traynor, Kate
PUB. DATE
May 2014
SOURCE
American Journal of Health-System Pharmacy;5/15/2014, Vol. 71 Issue 10, p774
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the financial benefits gained by Asante Rogue Regional Medical Center in Medford, Oregon from private-payer reimbursement of inpatient medication therapy management (MTM) services provided by pharmacists. Deborah Sanchez, Asante's director of pharmacy practice and residency, reveals that the medical center billed private and public insurers for about 5000 MTM encounters in 2013. Sanchez also notes the community or cultural impact of MTM services on the medical center.
ACCESSION #
95850270

 

Related Articles

  • Inhouse authorization center to improve reimbursement for outpatient chemotherapy infusions. Desai, Shetal S. // American Journal of Health-System Pharmacy;5/1/2011, Vol. 68 Issue 9, p828 

    Purpose. The use of an inhouse authorization center to improve reimbursement for outpatient chemotherapy infusions is described. Summary. Investigation of current processes revealed deficiencies in the coordination of an insurance authorization process at Norris Cancer Hospital, as chemotherapy...

  • Using the Top Diagnosis Codes to Guide the ICD-10 Conversion. Gomez, Betty // Revenue Cycle Strategist;Jun2014, Vol. 11 Issue 5, p8 

    A chart is presented that lists the top ten diagnosis codes of 2013 to guide the International Classification of Diseases-10 (ICD) conversion including codes for lumbago, unspecified chest pain and cervicalgia.

  • Baylor Medical Center Irving.  // Revenue Cycle Strategist;Sep2010, p5 

    The article profiles Baylor Medical Center Irving in Irving, California. A discussion of a 2010 MAP Award for High Performance in Revenue Cycle which the facility received from the Healthcare Financial Management Association is discussed. Successful efforts which the facility made to reverse a...

  • TAKE THE PAIN OUT OF REVENUE CYCLE AUDITS. Akrin, Sondra; Crossman, Grant // For the Record (Great Valley Publishing Company, Inc.);Apr2015, Vol. 27 Issue 4, p6 

    The article informs that an area where auditing has become prominent in U.S. healthcare settings is within the concept of revenue cycle optimization. Topics discussed include many staff members fearing audits as well as staff members fully trained on processes and systems being more relaxed and...

  • Building trust is key to getting docs to warm to new payment models. STEMPNIAK, MARTY // H&HN: Hospitals & Health Networks;Jan2013, Vol. 87 Issue 1, p20 

    The article discusses the importance of trust in persuading physicians of the value of revised reimbursement models. Topics include the results of a Medical Group Management Association poll that found physician practices are willing to try a novel payment and delivery model, but cite a lack of...

  • New tool may mean 25% more collected.  // Same-Day Surgery;8/1/2012, p90 

    The article reports on a price estimation toll for the calculation of medical fee charges which will be implemented in 2012 by registrars at Sarasota Memorial Health Care System in Florida and may result in a 25% increase in fee collection.

  • Adopting Electronic Transactions Results in Cost Savings.  // Revenue Cycle Strategist;Oct2014, Vol. 11 Issue 8, p8 

    The article reports that healthcare providers could save 3.5 billion U.S. dollars yearly from electronic eligibility verification processes and 1.5 billion U.S. dollars through electronic authorization transactions. Topics mentioned include the cost to health plans and providers per eligibility...

  • HFMA report focuses on value. Barr, Paul // Modern Healthcare;6/20/2011, Vol. 41 Issue 25, p12 

    The article reports on Healthcare Financial Management Association's (HFMA) Value Project. Its purpose is to help hospitals manage the value of the care they provide and to make the transition of care reimbursement from the volume-based model to value-based care. Future reports will focus on the...

  • RAC 'em up. Thomas, John D. // Modern Healthcare;10/22/2012, Vol. 42 Issue 43, p0037 

    The author reports on concerns over recovery audit contractor (RAC) audits raised by hospital chief executive officers (CEO) in the U.S. Despite the necessity of said healthcare audit, he stresses that CEO have been complaining about time and money being allotted to the RAC audit process. He...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics