Steven Lash San Diego thoughts on CoronaVirus

Today, I am going to share some of my thoughts on Covid-19 virus, As you all know this deadly virus is spreading all over the world very rapidly. In the world 3 million people are suffering from this virus and more than 100k people are already dead because of this. The most affected country in […]

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Improving Self Pay Collections By Steven Lash San Diego

Steven lash san diego

The risks associated with self-pay patient accounts are many. The hard dollar cost to collect is up to three times higher than commercial insurance accounts while as the account ages a self-pay balance goes unpaid, lowering the likelihood of collection.These issues are here to stay because of more high-deductible, consumer-driven healthcare cost sharing insurance plans. […]

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Steven Lash San Diego explain Navigating the New Transparency Price Rules: Charge master Management is Essential

Steven Lash

Accurate codes, pricing and automation are best practices that will provide hospitals tools for new price transparency rules by Steven lash. Healthcare price transparency rules have exposed the hospital charge master, requiring the examination of hospital charge master management best practices. The hospital chargemaster is an internal list of charges for all the billable services.Maintaining an updated […]

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Value Based Care and the Role of the ACO by Steven Lash San Diego

Steven lash san diego

The payment process for hospitals and providers is undergoing a dramatic transformation as payers shift from volume to value. Currently, there are many different value-based models that are being evaluated, Accountable Care Organizations (ACOs) are among the most popular and successful strategies to date. ACOs, are groups of hospitals, physicians, and other providers who agree […]

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StevenLash San Diego explain how you can manage Your Cashflow to Create a Financially Healthy Organization

steven lash san diego

Whether you believe global warming is fact, fiction or somewhere in between the necessity for managing your cash flow effectively is paramount. It is very real. As the old saying goes “Profit is an opinion, cash is a fact”. You can best determine the best Revenue Cycle Management tactics for your financial future by understanding, […]

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A Summary of the Work Performed by Revenue Maximization Group Steven Lash, Executive Vice President

Steven Lash san diego

Community Hospital Financial Turnaround & Medical Staff Restructure A Summary of the Work Performed by Revenue Maximization Group Steven Lash San Diego, Executive Vice President Overview Denials Recovery Group, Inc., known as Revenue Maximization Group (RMG) was contacted by the CEO of a regional health care organization to initially perform an assessment of its clinic […]

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What Physicians need to Know By Steven Lash

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Physicians are aware that the 2017 Medicare Physician Fee Schedule (PFS) Final Rule (“Final Rule”) has been finalized and will take effect Jan. 1, 2017.  Among items in the Final Rule which physicians should find important are as follows: The RVU conversion factor has been set at $35.887, which represents an increase of approximately 24% from […]

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Are you ready for MACRA By Steven Lash

steven lash

A majority of physicians are aware of the Medicare Access & CHIP Reauthorization Act (MACRA), and those who do know about it probably want it to go away. Nevertheless, this law will determine how Medicare pays doctors, starting in 2019.  Some modifications in the rules from those published in July 2016 will make things considerably […]

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Medicare Physician Payment By Steven Lash

steven lash

As the largest change in Medicare physician payment since the Sustainable Growth Rate (SGR) formula, the Medicare Access and CHIP Reauthorization Act (MACRA) will impact over 800,000 clinicians and reallocate in excess of $1.2 billion in payments for bonuses and penalties in its first year. The 962 page proposed rule for its implementation generated thousands of pages […]

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