E&M Payment Policy Changes Drive Modest Reduction in Specialist/Primary Physician Pay Gap

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.

Panacea Healthcare Solutions Welcomes BreAnn Meadows as President of Revenue Integrity Services Division

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.

First Healthcare Compliance to Showcase Compliance Solutions at the 27th Annual Compliance Institute

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 Healthcare Solutions Hosting Webinar on Interventional Cardiology Code Set Updates

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.

Kevin Chmura Appointed Chief Executive Officer of Panacea Healthcare Solutions

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.

Webinar: The Virtual HIPAA Privacy and Security Workshop 2022

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

Panacea Healthcare Solutions, a Leading Healthcare Mid-Revenue Cycle Technology and Services Company, Receives Growth Investment from Firmament

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.

Webinar: How to Streamline Compliant and Accurate Good Faith Estimates Under the No Surprises Act

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…

  • How the No Surprises Act requirements are impacting providers, hospitals, and health systems
  • Examples of compliant versus non-compliant Good Faith Estimates
  • Strategies to increase the accuracy and automation of a Good Faith Estimate to streamline the process, reduce the strain on your workforce and decrease the chances of patient disputes and lost revenue
  • Ways to enhance your current price estimation system to include Good Faith Estimates for both self-pay / uninsured and out-of-network patients
  • How Panacea’s full-service cloud-based patient estimation system can be used to create, search, save, and print / email Good Faith Estimates or consent forms on demand

Click here to watch

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

Check Out Our New Events Calendar for Live Webinars, Workshops, and Conferences

We’ve upgraded our events calendar. Stop by the new Insights events calendar to find upcoming complimentary live webinars, workshops, and conferences – both virtual and in-person throughout the year.

Panacea Provides Innovative Chargemaster, Transparent Pricing, Auditing, Compliance and Revenue Integrity Solutions

Editor’s Note: The following was originally featured as a spotlight article in the HFM magazine. Panacea leaders sat down with HFMA to discuss the various challenges in the healthcare industry today. Read more