Summary of the Centers for Medicare and Medicaid Services (CMS) and the American Medical Association (AMA) payment and coding updates.

We’ve summarized the Centers for Medicare and Medicaid Services (CMS) and the American Medical Association (AMA) payment and coding updates that went into effect on July 1, 2019.   Below is the list of changes and recommendations for possible implementation in the chargemaster, including what your billing and coding staff should know. Read more

Panacea Expands Services to Assist Hospitals in Meeting CMS Price Transparency Requirements

Panacea announces that new services will be offered in conjunction with its proven Hospital Zero-Base Pricing system to help clients better meet the CMS pricing transparency requirements.

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Recent survey finds less than half of healthcare providers are ready to publish their standard charges to meet the CMS price transparency requirement

During a recent webinar on Developing a Pricing Strategy for the 2019 CMS Transparency Requirement, Panacea surveyed 450 healthcare executives to gauge their readiness in meeting the January 1, 2019 CMS Final Transparency Rule deadline.  Read more

HFMA Awards Panacea “Peer Reviewed” Designation for 2018

May 23, 2018—Panacea, a Career Step company and leading provider of revenue cycle management, smart software and enterprise-level educational solutions, is pleased to announce that after a rigorous review, the […]

News: Panacea Announces New Thought Leadership and Industry Knowledge Hub, Insights

Lehi, Utah, May 15, 2018 – Panacea, a Career Step company and leading provider of revenue cycle management, smart software and enterprise-level educational solutions, is pleased to announce Insights, its new thought leadership and industry knowledge hub. This new platform offers unlimited access to industry-leading healthcare revenue cycle management information through a free subscription.
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Introducing Insights: Our New Thought Leadership and Industry Knowledge Hub

In recent decades, the healthcare industry has become increasingly complicated, and with the rapid advancements in technology and the increasing regulatory burden, it promises to only become more difficult to navigate.

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Key Learnings from HCCA 2018 Compliance Institute Conference

We had a great time at HCCA’s Compliance Institute conference in Las Vegas and enjoyed meeting everyone.  It’s always so exciting to see all of the strategies and methods professionals across the healthcare industry are using to accomplish their diverse goals.

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Panacea Offers Focused Audit Service in Response to United, Anthem and other Payer Attempts to Reduce Level 4 and 5 Reimbursements

Lehi, Utah, April 20, 2018 – In response to recent initiatives from United Health, Anthem and other Payers, Panacea announced a service for providers to proactively identify their financial risk.

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Panacea to Demonstrate How to Swiftly Identify Revenue Risks and Opportunities at HCCA 23rd Annual Compliance Institute

Panacea to show attendees of the HCCA Compliance Institute, April 7 -10 in Boston, how they can analyze patient-level claims and payment data to proactively uncover risks or opportunities related to coding, compliance or revenue. Read more

News: It’s that time of the year! The 2019 ICD-10 CM and PCS code changes have been released.

Total number of code changes are ICD-10-CM are 473.  279 new codes, 143 revised codes and 51 deactivated codes.