The price of generic medications can vary greatly. MedImpact has developed three solutions that address high-cost generics, and allow us to respond quickly to price changes and maximize cost-saving opportunities for #healthcare payers. Connect with a member of our clinical team to learn more: https://bit.ly/3jlUw1s #wearemedimpact #atruepartner #utilizationmanagement #HCGs
MedImpact Healthcare Systems, Inc.’s Post
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External factors, like government policies, are reshaping the industry. For instance, the Inflation Reduction Act (IRA) is altering drug pricing, impacting independent practices. Medicare cuts are squeezing reimbursement rates, potentially affecting patient access and appointment availability. And CMS star ratings are evolving, affecting bonus and payment amounts. At Cosentus, we provide tailored RCM solutions that can help you navigate these shifting landscapes, ensuring your practice remains financially robust. It's time to safeguard your healthcare revenue with Cosentus. Contact us now! . . . . #Healthcare #Cosentus #Revenuecyclemanagement #RCM #thinkgrowth #medicalbilling
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External factors, like government policies, are reshaping the industry. For instance, the Inflation Reduction Act (IRA) is altering drug pricing, impacting independent practices. Medicare cuts are squeezing reimbursement rates, potentially affecting patient access and appointment availability. And CMS star ratings are evolving, affecting bonus and payment amounts. At Cosentus, we provide tailored RCM solutions that can help you navigate these shifting landscapes, ensuring your practice remains financially robust. It's time to safeguard your healthcare revenue with Cosentus. Contact us now! . . . . #Healthcare #Cosentus #Revenuecyclemanagement #RCM #thinkgrowth #medicalbilling
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These threats to employer sponsored health plans impact small, medium and large business. The GOOD news…there are solutions to help small, medium and large employers! Want to know what they are and how they can help your business health plan? Reach out and I’ll tell you.
National Alliance of Healthcare Purchaser Coalitions 2023 Pulse of the Purchaser report is out. This is a national survey of employers and had 172 respondents of various sizes. Consistent with the past 3 years, over 8 out of 10 employers consider drug prices, high-cost claims, and hospital prices a significant threat to affordability. Check out the full report here: https://lnkd.in/gVTjKwQ4
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Founder of Breakfast Leadership Network | Media Host | Global Thought Leader | Advisory Services to Workplaces With High Retention
Check out this eye-opening insight from the video: "Not only are communities not losing physician groups, but they are now only accepting select patients. This situation is impacting us all as there are too many people and touches needed to get paid while accountability from payers is lacking. Despite massive profits for payers, supply companies, and drug companies, providers are facing closure." Let's share to raise awareness about the challenges facing healthcare providers today! #HealthcareChallenges #PayersAccountability #SupportProviders
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✅ Protect the Patient ✅Empower the Provider ✅Partner with Pharma = 🏆 Successful Revenue Cycle Management Specialize: Specialty Medication & Pharmacy, Buy & Bill, Insurance drug formularies, authorization, & FRM roles
3/31/24 15:03 EST Optum & Change Healthcare Update: Update: restoration in progress of Change Healthcare products and services. “An update has been posted Change Healthcare and Optum are working together to restore products and services, beginning with medical network and transaction services such as 1. Pharmacy solutions 2. Exchange clearinghouse 3. Assurance Reimbursement Management 4. Clearance Patient Access Suite and 5. Reimbursement Manager ~ as well as claims and eligibility transactions They have posted a “Payer Exchange List” downloadable: “During the restoration process, this payer list will be updates several times a day. The most recent list is Active_Payer_List_032924_002.xlsx” Link to list: https://lnkd.in/gjxb74VG #optum #changehealthcare #unitedhealthgroup #revenuecyclemanagement #frm #pharmacy #claims #claimsmanagement #cyberattack
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Arrive Health, a UPMC Enterprises portfolio company, is committed to combatting prescription drug non-adherence. 💊 According to MedCityNews: "What we need to overcome these challenges is a digitally enabled marketplace of options that can be personalized to the patient and the context of their specific condition, pharmacy preference, and ability to pay." Learn more about Arrive Health's work here ⬇️⬇️
Why is providing #healthcarecosts information earlier in the process so important? Because high or unaffordable out-of-pocket costs is the primary reason many patients don’t take medications as prescribed. In fact, up to 37% of prescriptions are never filled due to cost. Many providers don't find out about the issue until the patient comes in for their next appointment. Technology—like real-time benefit check (RTBC), that enables prescription #pricetransparency, and often provides cheaper alternatives, ultimately benefits patients, providers, payers, and pharma by driving down health care costs and increasing patient access to prescribed therapies. Learn more about Arrive Health in this MedCity news article: https://lnkd.in/dVAasE-V #HealthcareInnovation
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Numerous policies and evolving industry dynamics are influencing pricing and commercialization strategy. The Inflation Reduction Act, the AMP cap removal on Medicaid Drugs, and the movement to cash certainly impact pricing, access strategies, and tactics, but how exactly? Join Jeffrey Baab and Nick Iaconi for key insights into healthcare policy as we approach 2024. Register now: https://lnkd.in/ecVQXVve
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Such a big opportunity for Ai to fix it Indian IT can take this as a challenge and fix it and earn billions too! What is the size of American HealthCare Industry? Per CMS / HHS, it is now $4.5Tn & counting. Humm… I thought it was closer to $4T… but $4.5T means, American 🇺🇸 HealthCare is bigger than the GDP of India 🇮🇳. Pls note American HealthCare includes all expenses related to 4Ps viz. a) Payers - P1 b) Providers - P2 c) Pharma - P3 and d) Products & Platforms - P4.
What is the size of American HealthCare Industry? Per CMS / HHS, it is now $4.5Tn & counting. Humm… I thought it was closer to $4T… but $4.5T means, American 🇺🇸 HealthCare is bigger than the GDP of India 🇮🇳. Pls note American HealthCare includes all expenses related to 4Ps viz. a) Payers - P1 b) Providers - P2 c) Pharma - P3 and d) Products & Platforms - P4. Don’t believe me? Here is the FT article pic.
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What is the size of American HealthCare Industry? Per CMS / HHS, it is now $4.5Tn & counting. Humm… I thought it was closer to $4T… but $4.5T means, American 🇺🇸 HealthCare is bigger than the GDP of India 🇮🇳. Pls note American HealthCare includes all expenses related to 4Ps viz. a) Payers - P1 b) Providers - P2 c) Pharma - P3 and d) Products & Platforms - P4. Don’t believe me? Here is the FT article pic.
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