One of the most challenging aspects of managing the revenue cycle is being able to effectively comprehend the vast amount of data produced by various information systems within a healthcare facility. A main goal of a Business Intelligence (BI) system is to quickly and easily convert this enormous amount of data into information that can be more easily understood by users for effective decision-making.
The transformation of the patient as a source of revenue - past, present, and future - is discussed in this informative presentation created by Jack Duffy. If you'd like more information on this topic, or if you are interested in having Mr. Duffy speak at an event, please contact us! info@irminconline.com
In the Federal Register of April 25, 2006, CMS proposed some revolutionary changes to DRG reimbursement methodology. The changes are tentatively scheduled to be implemented via a two-step process over 2007 and 2008.