Billing

Effective Strategies for Increasing Patient Financial Responsibility Collection

Patient financial responsibility keeps growing, creating challenges for healthcare organizations looking to collect all revenue for services provided to patients. According to the latest “KFF Employer Benefits Survey,” the average deductible stands at $1,763 among workers who have an annual deductible for single coverage. The cost has not budged significantly over the last couple of […]

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CMS Finalizes 2025 Payment Updates for Medicare Advantage and Part D Programs

Today, the Centers for Medicare & Medicaid Services (CMS) finalized the Calendar Year (CY) 2025 Rate Announcement for the Medicare Advantage (MA) and Medicare Part D Prescription Drug (Part D) Programs that updates payment policies for these programs and ensures payment accuracy. The Rate Announcement complements policies in the CY 2025 MA and Part D proposed

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