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ASC Revenue Cycle July Industry News Wrap-Up

Each month Regent Revenue Cycle Management (Regent RCM) explores the top news and headlines affecting the health care industry. This month in the news: A new infographic details changes that the U.S. Department of Health and Human Services has implemented for payment models; A pair of funding opportunities that will establish an Information Sharing and Analysis Organization; Becker’s Hospital Review has chosen 15 revenue cycle management leaders to know; And the release of the 2017 proposed Medicare payment rates for ASCs by the Centers for Medicare & Medicaid Services.

Changes come to revenue cycle management in new value-based environment

The healthcare landscape continues to shift from volume to a value-based healthcare model. A new infographic details changes that the U.S. Department of Health and Human Services has implemented for payment models. Click here to read more.

HHS to fund cybersecurity information sharing organization

To provide more threat and information sharing and improve cybersecurity awareness, HHS, ONC and the Assistant Secretary for Preparedness and Response announced a pair of funding opportunity announcements to establish an Information Sharing and Analysis Organization. Click here to read more.

15 Revenue Cycle Management leaders to know

The importance of fiscal responsibility is at an all-time high in healthcare, and thought leadership is critical. With that in mind, Becker’s Hospital Review chose 15 revenue cycle management (RCM) leaders to know. Regent RCM VP of Revenue Cycle Michael Orseno made the list and adds key insights from the ASC community. Click here to view the list.

2017 Proposed Medicare Payment Rates Released

The Centers for Medicare & Medicaid Services (CMS) on July 7 released the 2017 proposed payment rule for ASCs. In the proposed rule, ASCs would see an effective update of 1.2 percent—a combination of a 1.7 percent inflation update based on CMS’s estimation of the change in Consumer Price Index for All Urban Consumers (CPI-U) and a productivity reduction mandated by the Affordable Care Act of 0.5 percentage points. Also, the agency has proposed to add eight new procedures to the ASC list of payable procedures for 2017. Click here to read more.