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Workers’ Compensation Challenges: Unlocking Hospital Revenue Potential

Workers’ Compensation Challenges: Unlocking Hospital Revenue Potential

Workers’ Compensation (WC) has a worthy twofold goal: providing financial protection for employees injured on the job while protecting the employer from negligence lawsuits that could potentially bankrupt the company. But the complexities of WC claims can be a severe strain on the hospital revenue cycle management (RCM) staff who must process them. These claims […]
Impacts to Work Comp and VA Claims Since Passing the Federal Spending Bill (HR2617)

Impacts to Work Comp and VA Claims Since Passing the Federal Spending Bill (HR2617)

Unless you spent your holiday season reading the almost 4200-page appropriations bill that Congress passed in December 2022, you may have missed the changes soon to be impacting your Work Comp and VA reimbursement.  Nestled between funding all Federal Agencies and the whole of our government are provisions directly affecting providers that receive Work Comp […]
The 5 Questions to Ask at Patient Registration to Increase Your Workers’ Compensation Reimbursement

The 5 Questions to Ask at Patient Registration to Increase Your Workers’ Compensation Reimbursement

With the rise in patient responsibility, partly due to the rise in high deductible health plans, there has been a noticeable decrease in patient collection rates. These patient collection rates are attributed to a large portion of a hospitals’ overall revenue. When looking at ways to improve the revenue cycle and maximize reimbursements, hospitals need […]
How Workers’ Compensation Legislation for COVID-19 Claims Impacts Your Cash Flow

How Workers’ Compensation Legislation for COVID-19 Claims Impacts Your Cash Flow

The first half of 2020 has been an extremely rare situation for most Americans, especially in the workers’ compensation community. With most of the country under some kind of “stay at home” order, businesses deemed non-essential were asked to close their doors and send their workforce home to control the outbreak. But what about the […]