OrboNation

10 Things to Know About the CMS’s Proposed Outpatient Payment Rule

By orbograph / September 14, 2018 / 0 Comments

The Centers for Medicare and Medicaid Services released its 2019 Medicare Outpatient Prospective Payment System proposed rule on July 25th, which calls for site-neutral payments and would make changes to the 340B program. For the adventurous, a 760-page explanation is here. For the rest of us, Becker’s Hospital CFP Report offers 10 things to know about the…

Read More
check fraud

Millennials Become Targets…for Check Fraud

By orbograph / September 12, 2018 / 0 Comments

There are many reasons for the resilience of checks (including the small- and mid-sized businesses that rely on the paper check’s “float” for accounting purposes), but one important factor has been fear of fraud and security risks in newer digital transactions. Digital transactions are indeed growing at a rapid rate — particularly among millennials, many…

Read More
CPT codes

AMA Adds Connected Health CPT Codes; Will It Yield More Revenues?

By orbograph / September 7, 2018 / 0 Comments

The American Medical Association (AMA) updated the Current Procedural Terminology code set (CPT codes) in 2019 to include new codes for connected health services in an effort to encourage the Centers for Medicare and Medicaid Services (CMS) to pay for the services. According to RevCycleIntelligence.com: The 2019 CPT code set contains 335 changes that will…

Read More
legacy technology

Modernizing Legacy Technology; A Path to Success

By orbograph / September 5, 2018 / 0 Comments

Alfredo Alvarez, a principal at Liberty Advisor Group, writes in his article how modernizing legacy technology wins the digital customer: Nimble new entrants and rapidly increasing customer expectations for digital products and services continue to disrupt financial services firms. In response, financial services organizations have made significant investments in agile development and DevOps (development and…

Read More
value-based payments

Value-Based Payments See Momentum – Electronic Payments Not So Much

By orbograph / August 30, 2018 / 0 Comments

We’ve made note of the shrinking usage of fee-for-service models in healthcare billing ecosystems, and now it looks as though the emergent model, value-based payments, is not only growing in deployment but actually delivering benefits to both sides of the transactional equation. As explained by RevCycleIntelligence.com: Value-based care is a form of reimbursement that ties payments…

Read More
endorsements

USA Today Article “Endorses” Endorsements!

By orbograph / August 28, 2018 / 0 Comments

Last week, USA TODAY published a consumer-focused article explaining new deposit requirements from a number of banks: Depositors must now include the phrase “For Mobile Deposit Only” underneath their signature on all checks deposited using mobile apps. Some banks are also suggesting you add “For Mobile Deposit Only at (Bank Name)” or “For (BANK NAME) Mobile Deposit…

Read More
EHR

Direct Patient Benefits via EHR

By orbograph / August 23, 2018 / 0 Comments

One of the positive repercussions of wider adoption of Revenue Cycle Management (RCM) platforms is the accelerated implementation of sophisticated Electronic Health Record (EHR) technology (back in 2013 we noted that the HITECH Act had stimulated the adoption of EHR and Health Information Exchange (HIE) solutions). EHR Intelligence reports that the wider adoption of electronic health…

Read More

Blockchain – Overhyped or Colossal Potential?

By orbograph / August 21, 2018 / 0 Comments

Various applications of blockchain technologies have been hyped and praised, and nearly everywhere you look, there is a company or start-up touting the benefits of the tech. Auditing and tax-services firm Deloitte conducted a survey called Breaking Blockchain Open wherein several aspects of blockchain were covered. In their analysis, Ambcrypto.com points out that, while 84% of…

Read More

A Better Space Makes for Better Banking

By orbograph / August 16, 2018 / 0 Comments

We’ve talked recently about how banks are, to a greater and greater extent, making significant investments in technology to make transactions both more convenient and more secure for their customers/members. But another path to maintaining and, indeed, growing a loyal customer base in the age of remote deposit capture via mobile device — and an…

Read More

Riding the (Paper) Storm Out

By orbograph / August 14, 2018 / 0 Comments

I wonder how many people reading this are old enough to start bobbing their head to the vintage FM radio reference in the title? Classic rock preferences aside (give it up for REO Speedwagon!), all of us can certainly appreciate a well-expressed exploration of remittance electronification. That’s why we recommend that you run, don’t walk…

Read More