When the public health emergency ends, between 12-14 million people could lose Medicaid coverage, according to various estimates. Adults with and without children will be the hardest hit (see figure below). Healthcare organizations should be very concerned about the...
Revenue Cycle Management
How to Fix Your Revenue Cycle Management Department
Over the last couple of years, frontline healthcare workers are not the only ones who have been experiencing the effects of staffing shortages. According to a recent survey from the Healthcare Financial Management Association (HFMA), the most in-demand jobs within the...
A Two-Pronged Approach to Tackle Your Uncompensated Care Costs
The amount of medical debt turned over to collections makes up the largest amount of consumer debt in the US. This is particularly concerning for providers who are facing slimmer margins as a result of increased costs and decreased patient volumes. As of...
How to Solve Your Revenue Cycle Staffing Shortage
Revenue cycle management solutions have been stagnant for years, and now with the pandemic and Great Resignation at hand, you have a staffing shortage within your organization or facility that is costing you unnecessary money. The shortage can...
American Exchange is Helping Sponsor the 2022 Cologuard Classic
We’re excited to announce that we will be the official Health and Wellness sponsor of the 2022 Cologuard Classic! When and Where This year the Cologuard Classic PGA TOUR Champions event will be held at the Omni Tucson National Resort in Arizona from...
Reducing Uncompensated Care with Non-clinical Case Management
A recurring theme I heard during the HFMA Western Region Symposium last week was the correlation between patient experience and revenue. Good patient experience increases loyalty and your bottom line. For hospitals and health systems, this can seem like a daunting...
American Exchange Experts Available at HFMA-WS to Reduce Your Canceled Debt
If you are attending the Healthcare Financial Management Association Western Symposium (HFMA-SW) in Las Vegas, stop by booth 336 to meet the American Exchange team of revenue cycle management (RCM) experts. Our focus for this event, which runs from January 16-19, is...
Reduce Canceled Debt with Health Insurance Discovery Tools
Rising canceled debt continues to impact your bottom line. Between 2015-2017 uncompensated care cost the healthcare community $42.4 billion per year (Kaiser Family Foundation (KFF). KFF estimates that the government used tax dollars to cover 80% of those costs...
AMERICAN EXCHANGE Sponsoring the Heroes Outpost at RSM Classic PGA Tournament
American Exchange is proud to be a sponsor of the Heroes Outpost at the 2021 RSM Classic being held from November 15th through November 21st. As a thank you to all of the local healthcare heroes, frontlines, and military we are giving away FREE TICKETS to this event,...
Are You Equipped for the New Normal in Healthcare?
The new normal is emerging with the passing of each wave of Covid-19 spikes. This new scenario is one where employers are having difficulty finding employees, high rates of employee and administrative burnout, and maintaining health care practices are becoming more...
Biden’s Proposed 2022 Budget Would Strengthen Healthcare Programs
Healthcare is a major focus of President Biden’s proposed $6 trillion budget for Fiscal Year 2022. The funding request includes a 23.4% increase in the Department of Health and Human Services’ budget, raising it to 133.7 billion. Numerous other agencies and programs...
More COVID Funding a Much-Needed Shot in the Arm for Rural Communities
COVID cases and deaths are declining across the US, leading more states to open back up. But experts fear that COVID clusters, like those in North Carolina and Hawaii will occur, especially in rural counties where vaccination rates are lower (38.9%) than in urban...
Ohio Health Organizations Struggling With Covid-19 Billing Backlogs
The Covid-19 pandemic is hitting County Health Departments, Federally Qualified Health Centers, and Community Based Organizations hard, especially within rural communities. Unsubmitted and unpaid Covid-19 claims are piling up and administration is finding it difficult...
Providers Can Get Reimbursed for COVID Vaccine Administration Costs Not Covered by Insurance
Healthcare providers, pharmacies, and mass immunizers can now recoup administration costs for COVID-19 vaccines given to underinsured patients whose plans do not cover administrative costs or that require some sort of cost-sharing, according to a May 3rd announcement...
Rising STI Rates Impact Californians of all Ages
Sexually transmitted infections (STIs) have reached epidemic proportions across the United States, according to the CDC’s Sexually Transmitted Disease Surveillance, 2019 report. Like many states, California’s rates are outpacing the national average for the top three...
HIV Cases Among Intravenous Drug Users Increase During COVID Epidemic: Part 1
The CDC estimated that at the end of 2018, 1.2 million Americans were living with HIV; 186,500 of those cases were a result of intravenous drug use (HIV Surveillance Report, 2020). This is a growing trend, as 2,492 newly diagnosed HIV cases were reported among people...
Four Tips to Maximize COVID-19 Vaccine Reimbursement
Billing for COVID-19 vaccine administration has become a critical revenue source for health departments and community-based organizations throughout the nation. As more organizations are delivering the COVID-19 vaccines to high-risk minority and rural individuals, it...
Making Your CBO More Financially Viable
Community-based organizations are struggling to meet the growing demand for services because of the economic fall-out from COVID-19. And it looks like things are going to get worse before they get better. The number of COVID-19 cases is rising across the country and...
Expanding the Use of Nurse Practitioners in Illinois and Other States
What is the problem? Since the onset of Covid-19, there has been a shortage of primary care physicians nationally. Keeping consumers healthy is extremely important and that means maintaining primary care. Over the years, studies have shown that maintaining...