Nearterm Blog

Archive for August 2017

Revenue Cycle Management In 1951: It Used to be a Lot Easier…Or Was It?

The above image is an actual hospital bill and accompanying explanation of charges used in 1951. Just think of the things that we didn’t have to manage back then. A short list might include coding, claim edits, massive denials, contract payment compliance, Medicare/Medicaid (both started in 1965), managed care contracts, HIPPA regulations, “patient-friendly” billing initiatives,…

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