7 Key Action Item Milestones For ICD-10 Readiness

by Phil C. Solomon March 4, 2014

ICD-10 – Action Items – March 1st Milestones Written by: Lyman Sornberger, the President and CEO of LGS Health Care Inc. 1. Completed coder and CDS training and evaluated productivity • Finalize coder and CDI training to begin dual coding and assist with communicating with clinical staff • Evaluate outsourcing options (consider safety net strategy) and […]

Read the full article →

6 Reasons Why Medical Debt is Soaring

by Phil C. Solomon February 27, 2014

Americans Struggling to Pay Medical Debt – PPACA is Projected to Exacerbate the Problem In order to mitigate the increase in medical debt, consider focusing your attention on the four strategies listed below: Admissions – Extra training with point-of-service employees. Your staff needs the proper tools to help collect for past due balances and future […]

Read the full article →

3 Tips for Maximizing Medical Bad Debt Results

by Phil C. Solomon January 23, 2014

Helpful Suggestions for Managing the Medical Bad Debt Collection Process There are three major leverages, which “motivate” patients to pay a delinquent bill. The first is the involvement of an independent third-party. Collection agencies create a situation where the debtor may or may not know what the collection agency is going to do to collect […]

Read the full article →

Unless You Are The Lead Dog On The Sled, The Scenery Never Changes

by Phil C. Solomon January 9, 2014

We Must Think Differently, Unconventionally, or From a New Perspective Writing and curating my blog is a hobby of mine. I have an intellectual curiosity that drives me to search for the latest news, thought leadership ideas, and financial performance improvement strategies to help healthcare providers work in a more patient friendly and financially sound […]

Read the full article →

Will You Surpass the 63% Coding Accuracy Rate During Your ICD-10 Transition?

by Phil C. Solomon January 3, 2014

Are you going to experience a perfect, or near perfect ICD-10 transition?  2014 is off to a great start, however one area that should concern every healthcare leader is the upcoming ICD-10 transition. Even if they believe a good plan and strategy is in place. The projected estimates for coding accuracy during the ICD-10 changeover are […]

Read the full article →

3 Positive Ways to Have New Beginnings Everyday ~ Happy New Year!

by Phil C. Solomon December 31, 2013

See on Scoop.it – POSITIVE NEWS NETWORK by Phil C. SolomonEvery day is a new beginning. Treat it that way. Stay away from what might have been, and look at what can be. New Beginnings have this amazing butterfly effect on me.See on positiveprovocations.com

Read the full article →

Top 10 Healthcare Predictions for 2014

by Phil C. Solomon December 30, 2013

Take a look at the top 10 issue predictions and let’s begin a dialog and discuss what other top healthcare issues you foresee for 2014. I welcome your thoughts and comments. Phil C. Solomon 10 predictions from PwC’s annual “Top Health Industry Issues” report: December 16, 2013 9:38 am by Deanna Pogorelc Based on healthcare industry predictions made […]

Read the full article →

Quote du jour

by Phil C. Solomon December 28, 2013

See on Scoop.it – POSITIVE NEWS NETWORK by Phil C. SolomonA person might rush into a burning building to save a child, while others only stand by and stare in horror. It is not the situation that creates a hero, the situation reveals them. -ProofSee on proof-proofpositive.blogspot.com

Read the full article →

3 Tips for Improving Medical Bad Debt Collection Performance

by Phil C. Solomon December 25, 2013

Helpful Suggestions for Managing the Medical Bad Debt Collection Process The best bad debt collection strategy utilizes three leverages, which “motivate” patients to pay a delinquent bill. The first is the involvement of an independent third-party. Collection agencies create a situation where the debtor may or may not know what the collection agency is going […]

Read the full article →

Three keys to successful RCM in 2014

by Phil C. Solomon December 20, 2013

By Jim Lacy, CFO and general counsel, ZirMed, December 2013 There is an ancient curse often attributed to the Chinese which says, “May you live in interesting times.” Looking back on 2013 and ahead to next year, I think many revenue cycle professionals might feel like they are on the wrong end of this curse, […]

Read the full article →