Have the federal payment policy adjustments implemented in 2021 meaningfully reduced the pay gap between specialists and primary care physicians (PCPs)? A recent JAMA study appears to have yielded the answer: yes—but not by nearly enough.
As President of the Revenue Integrity Services Division, Meadows will be responsible for leading Panacea’s efforts to help healthcare organizations optimize their chargemaster, coding audits and education and ensure compliance with regulations and standards.
Panacea will showcase a range of software and learning solutions at both the Healthcare Compliance Association’s (HCCA) 27th Annual Compliance Institute, to be held April 23–26 at the Anaheim Convention Center in Anaheim, California, and the Virtual Conference, April 24–26.
Panacea is hosting a newly developed webinar intended to help healthcare professionals keep up with recent advances in novel treatment options in the subspecialty of interventional cardiology.
In our current auditing environment, the importance of maintaining an internal audit plan for facility services cannot be overstated. Watch our complimentary on-demand webinar to learn how leveraging technology can help you review all of your claims or coding abstract data and uncover revenue opportunities, allowing you to focus your time and investment on problem areas.
Panacea Healthcare Solutions today announced the appointment of Kevin Chmura as Chief Executive Officer and member of the Board of Directors, effective immediately. Chmura joins Panacea with over 25 years of experience and a proven track record of delivering exceptional results to some of the country’s largest healthcare systems. He succeeds Fred Stodolak, who becomes Panacea’s Chairman of the Board.
External audits are rapidly returning to full operating force following a lull that took place amid the worst of the COVID-19 pandemic. Amidst a time of shrinking operating margins and heightened scrutiny by federal healthcare contractors, providers are seeking to focus on the benefits of technology-driven internal auditing.
We’re excited to announce that, with First Healthcare Compliance joining Panacea, Insights subscribers now have even more access to a wide variety of educational content for healthcare professionals. We invite you to take advantage of a 50% discount, available to Insights subscribers, when you register for the Virtual HIPAA Privacy and Security Workshop 2022 coming up November 3, 2022. Read more
ST. PAUL, MINNEAPOLIS, August 24, 2022 —Panacea Healthcare Solutions announced today that it has received growth capital from Firmament, a leading provider of structured equity capital solutions to small- and medium-sized enterprises. Firmament’s investment will fuel innovation and expand Panacea’s product suite through the acquisition of Holliday & Associates and First Healthcare Compliance. The combined company will be a leading provider of healthcare revenue cycle and compliance software and services to over 600 hospitals, health systems, physician practices, and accountable care organizations across the United States.
The American Hospital Association in a recent comment letter to CMS stated, “…the new [Good Faith Estimate] timeline and format requirements will necessitate workflow and operational changes, even for the most sophisticated hospitals. The strain on the workforce is concerning, with estimates regularly taking 10-15 minutes to produce and adding up to about 1,500 estimates per day across a typical health system.”
Join Panacea for a one-hour webinar on Wednesday, April 13th at 1PM ET, to learn how to deliver compliant and accurate itemized expected charges for schedulable services under the No Surprises Act requirements by incorporating both itemized hospital and physician expected charges using Panacea’s sophisticated technology solution.
Attend to find out…
Registration is limited to attendees from hospitals and other providers at this time.
Presented by
Govind Goyal
Executive Vice President of Finance and Revenue Integrity Services
Panacea Healthcare Solutions
