5 Steps to Combat Rural Healthcare’s Financial Challenges Infographic.
This document serves as a guide for hospitals to learn what is required of them when Pricing Transparency is implemented on January 1, 2021, how to properly make standard charges public, using their current price estimator tool in place of the Shoppable Services file, and what they should be doing now to best prepare for January 1, 2021.
Coding methods differ by who is doing the billing. Both providers and facilities must use the ICD-10-CM for diagnosis coding. But, health facilities code using ICD-10-PCS for treatments and procedures, while providers must use the AMA’s Current Procedural Terminology (CPT).
Effective grant writing is both an art and a science that requires an understanding of the availability of funding, alignment of an institution’s mission with that of the funder, responsiveness to sponsor requests, an understanding of basic budgeting, attention to detail, and a commitment of time and resources.
Section 340B of the Public Health Service Act requires pharmaceutical manufacturers to enter into an agreement, called a pharmaceutical pricing agreement (PPA), with the HHS Secretary in exchange for having their drugs covered by Medicaid and Medicare Part B.