patient collections volume cms report 2017

Where can I find the CMS annual financial reports?

The CMS Annual Financial Reports can be obtained at: www.cms.gov/CFOReport AT A GLANCE Original Publication Date: November 3, 2017 Publication Number: 909418 Inventory Control Number: 952017 CMS Financial Report 2017 i 123 $ in billions AT A GLANCE

What are the best practices for patient collections?

This research, along with the HFMA survey, points to several best practices in patient collections that organizations are pursuing. Using patient portals to increase engagement.

How can up-front collections improve patient outcomes?

To better enable up-front collections, organizations are starting to use credit data to understand a patient's financial situation and how that will affect his or her ability to pay. Not only does this meet patients where they are on their financial journey, but it allows them to focus less on their healthcare bills and more on their health.

What percentage of patient responsibility should be collected in advance?

According to the white paper, more than half of organizations indicate they try to collect 100 percent of a patient's financial responsibility in advance, and almost all offer some form of payment plan or other incentives to at least obtain a portion of what's owed.

What is Medicare Advantage data?

This data highlight examines the physical and mental health outcomes of Medicare Advantage beneficiaries by race and ethnicity. It is one of the few analyses that compares granular racial and ethnic groups in the same study, is based on a nationally representative sample, and focuses on mental health in older adults.

What is MCBS in Medicare?

This brief uses 2012 Medicare Current Beneficiary Survey (MCBS) data to examine racial and ethnic differences in self-reported measures on access to care, propensity to seek care, self-care knowledge and behaviors, diabetes management, and complications among Medicare beneficiaries ages 65 and older.

Why do people bypass rural hospitals?

Rural hospital bypass may occur for a number of reasons, including patient choice and the complexity of care a patient needs. When patients bypass their local rural hospital for services that are available locally, it can further threaten the sustainability of their local rural hospital. This data highlight seeks to understand the extent to which rural Medicare beneficiaries bypass their nearest rural hospital and to learn what hospital services rural Medicare beneficiaries most often seek locally and at distant hospitals.

What is submission file?

A submission file that contains metadata elements collected. A submission file is not required for manual entries. Reporting entities only include a submission file for bulk uploads. Read the Submission Data Mapping Document (XLSX) for more information.

What is general record information?

General record information captures contextual general information about the payment or other transfer of value. Research-related information includes information about payments or other transfers of value for research activities.

What is a recipient demographic?

Recipient or physician demographics that identifies the recipient of the payment, transfer of value, or ownership/investment interest. Collected for general, research, and ownership/investment records. Associated drug, device, biological, or medical supply that identifies the drug, device, biological or medical supply that is related to ...

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2017 coding resources now available

The 2017 AOA Codes for Optometry book with 2017 Express Mapping Card and AMA CPT Professional Edition are available at AOA Marketplace.

What is the 2017 health care cost and utilization report?

The 2017 Health Care Cost and Utilization Report examines medical and prescription drug spending, utilization, and average prices, and is based on health care claims data from 2013 through 2017 for Americans under the age of 65 who were covered by employer-sponsored insurance (ESI). The keyfindings are:

What is the 2017 HCCI report?

Drawing on the health care claims of more than 40 million Americans, one of the largest and most complete databases of its type, this report provides a one-of-a-kind view into health care spending, use, and prices for individuals under 65 covered by employer-sponsored insurance (ESI).

What is the Health Care Cost Institute?

The Health Care Cost Institute was launched in 2011 to promote independent, nonpartisan research and analysis on the causes of the rise in U.S. health spending. HCCI holds one of the largest databases for the commercially insured population, and in 2014 became the first national Qualified Entity (QE) entitled to hold Medicare data.