Cognizant to buy health-care IT firm Trizetto for $2.7B

Cognizant to buy health-care IT firm Trizetto for $2.7B

Cognizant is buying privately held health-care IT services company Trizetto for $2.7 billion in cash, the company announced on Monday. Trizetto was taken private in 2008, led by Apax Partners. The combined company will have more than $3 billion in health-care revenue, and serve nearly 245,000 health-care providers. Cognizant plans to finance the transaction through…

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Measuring Physician Productivity through RVUs

Using RVUs for Productivity and More

Relative Value Units (RVUs) are a valuable resource for medical organizations.  Most payer contracts still incorporate them in some way but more practices should use them for management purposes.  Here, Linda Ringquist discusses using RVUs for measuring physician productivity. Another measure, one that is a relatively new player in the healthcare game, is Relative Value…

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Medicare Claim Appeal Agreement

Appeal Relief for Critical Access Hospitals & Acute Care Hospitals

Medicare has a massive backlog in appeals they are handling for both ambulatory and inpatient denials.  Getting a denial is one thing but having to wait for eternity for your appeal to even be reviewed is something else and no matter how you slice it these things can greatly affect the revenue cycle.  Well, there…

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Health Care Cloud Computing

Cloud Solutions Gaining Traction in Healthcare

HIMSS Analytics recently reported that 83 percent of healthcare organizations are embracing the cloud as an infrastructure for various information technology solutions include clinical.  HIMSS further reports that 100 percent of healthcare organization have plans to expand using the cloud in some way. The reasons cited for greater use of the cloud included lower maintenance…

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7 Healthcare Trends

7 Healthcare Trends to Watch

McGuireWoods healthcare department chairman and publisher of Becker’s Healthcare (and one of the best minds in healthcare business right now) Scott Becker shares what he sees as the seven biggest trends in healthcare.  They are: The Cost / Benefit tradeoff of healthcare reform Growth in high-deductible health plans PPACA and balancing freedom & religion Uncertainty…

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Saving Money: Paying Cash for Health Care Even If You're Insured

Why are People Paying Cash for Health Care Even If They’re Insured?

The short answer?  To save money.  Jeanne Pinder describes the strange and interesting dynamics around why in some circumstances it makes sense to pay cash for a healthcare service even if it covered and even gives some tips for doing it.  Fun read. Click here to view original web page at healthworkscollective.com

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Have You Reviewed Your PQRS Report Yet? (you should have received it by now)

PQRS is important.  Physicians who did not successfully participate in PQRS in 2013 will receive a negative 1.5 percent payment adjustment on their Medicare Part B fee-for-service claims next year.  The Centers for Medicare & Medicaid Services (CMS) released the Physician Quality Reporting System (PQRS) feedback reports for 2013 last month.  The also released separate…

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Meaningful Use Final Rule

Groups Weigh in on CMS Final Rule Delaying Parts of Meaningful Use

Healthcare leaders are weighing in on CMSs final rule delaying parts of the Meaningful Use.  Some reactions have been positive but on the whole responses have mostly described their disappointment with CMSs Final Rule.  What side of the issue did industry leaders fall on?  iHealthbeat has collected responses in a handy article. This week, several…

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