Beyond Compliance with Hospital Price Transparency
Your hospital’s Machine-Readable-File is no longer just a compliance file. Payers are finding errors in hospital MRFs and using them to reduce reimbursement.
Your hospital’s Machine-Readable-File is no longer just a compliance file. Payers are finding errors in hospital MRFs and using them to reduce reimbursement.
Deep into the updated OPPS Final Rule, hospitals must produce a Medicare cost report, alongside their machine-readable file. This data will be used over the next couple of years to calculate new IPPS MS-DRG relative waste starting in fiscal year, 2029
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There are plenty of things to be mindful of when submitting your machine-readable file, such as differences between your discharge data and your cost reporting period, cross walking grouper software with a MS-DRG, to name a few. Account for these so your team can finish in a timely manner.
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Currently, Panacea is putting more automation in place to better comply with the latest update. Along with automating the four-step process, Panacea will handle additional cases and crosswalk in the rare instance when this is needed.
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Brush up on your machine-readable file knowledge. In this short webinar clip, our team discusses key changes introduced in the 2024 final rule that will affect machine-readable file production.
Find out how Panacea can help you meet your price transparency objectives with our comprehensive suite of services.
Panacea’s experts share their perspectives in HFM Magazine. Learn how the healthcare landscape has shifted under the advent of price transparency and find out what healthcare providers should be paying attention to.