Phil C. Solomon to Speak at HFMA Massachusetts – Rhode Island Chapter Educational Conference

by Phil C. Solomon January 16, 2013

Phil C. Solomon and Colleagues speak at upcoming HFMA Massachusetts – Rhode Island Chapter Educational Conference on January 18th It’s an honor to participate in the upcoming HFMA educational conference. I look forward to joining my colleagues: Robert Wambolt, Director of Technical Sales, MC AnalyTXs, Inc., Greg Chittim, a Director at Arcadia Solutions and Dr. Joe Kimura, MD MPH, [...]

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Healthcare Leaders Must Batten Down the Hatches in 2013

by Phil C. Solomon January 15, 2013

Healthcare Leaders Must Make Herculean Efforts to Collect Revenue in Today’s Changing Landscape I just finished reading an article written by Karen Minich-Pourshadi, for HealthLeaders Media. It is called “CFO Outlook for 2013 Grim”. I’m curious, do all healthcare financial leaders feel the outlook for 2013 is grim? Ms. Minich-Pourshadi interviewed several hospitals CFO’s to get [...]

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Has The Bubble Already Burst On Healthcare Reform?

by Phil C. Solomon January 6, 2013

Healthcare Insurers Raise Some Rates by Double Digits For those who were adamant that Obamacare would not lead to increased healthcare costs, I hate to burst your bubble. The New York Times recently reported that healthcare insurance companies throughout the US are pursuing rate increases and are becoming successful at winning them. In some cases, consumers [...]

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Stingray Revenue Intelligence Platform to Help Providers Recoup Revenue Reimbursements

by Phil C. Solomon December 29, 2012

Healthcare Business Intelligence Tools Are Delivering Real Value to Large and Small Hospitals With SaaS Platforms That Have Catchy Names, Such as Healthcare Payment Specialists‘ (HPS) Stingray Revenue Intelligence Platform. Healthcare business intelligence tools are becoming more the norm than the exception in hospitals these days. Analytic software can identify root causes for claim denials, ensure hospitals [...]

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Medicare Donut Hole – Eat It or Does It Eat a Hole in Your Pocket?

by Phil C. Solomon December 25, 2012

Closing the Medicare Donut Hole So what is this crazy donut hole? The donut hole is the coverage gap when payers can reduce their part D drug coverage once they meet certain spending thresholds. Consumers make up the difference until their spending reaches the catastrophic level. This is similar to meeting a high deductible in [...]

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Health Insurance Exchange Progress – There Will Be Heavy Lifting in The Future to Meet Deadlines

by Phil C. Solomon December 20, 2012

Clock Is Ticking For Health Insurance Exchange’s Update on the progress of Health Insurance Exchanges DEC 19, 2012 Roll Call: Health Exchanges: Can They Be Ready By 2014? The idea of a health insurance exchange as laid out in President Barack Obama’s signature law seems straightforward: an online marketplace where people will shop for private [...]

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ACO – Avoiding the Sinkhole @philcsolomon

by Phil C. Solomon December 13, 2012

The race is on as healthcare organizations begin setting up ACOs. Does setting up the new ACO health care delivery system look more like a business start-up or perhaps a full-scale turn-around project than a reform of our healthcare system? I think it’s a bit of both. If you look at the new ACO structure from a [...]

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ACO – Are They Mythical Unicorns With Magical Powers?

by Phil C. Solomon December 4, 2012

ACO – They Are Real and Here to Stay? They Are Not Mythical Unicorns. The Real Unicorn’s Can Be Found in North Korea’s purported unicorn lair. ACO quality measurement overview: by Phil C. Solomon. When Accountable Care Organizations (ACO) were in the planning stages, many likened the evolution of the ACO to a mythical unicorn. Some said [...]

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Healthcare Revenue Cycle Outsourcing – A Problematic Paradox @philcsolomon

by Phil C. Solomon November 29, 2012

How does healthcare financial and revenue cycle outsourcing create a paradox? Historically, in healthcare, the drivers of innovation and change have been come from clinical advancements. Applying innovative strategies in healthcare finance and revenue cycle management have lagged significantly behind clinical progressiveness. Unlike corporate America’s general financial sectors such as credit card processing and other retail and [...]

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HOW MUCH ARE UNHAPPY REVENUE CYCLE EMPLOYEES COSTING YOU? | @philcsolomon

by Phil C. Solomon November 20, 2012

Revenue cycle employees who are happy with their jobs are essential for all hospitals and medical groups to succeed. Creating the right culture and environment can improve productivity by at least 10 percent. Phil C. Solomon - “I stumbled across two articles, which highlighted the benefits happiness has on employees. In an excerpt from the Guardian Professional, Leon [...]

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