December 21, 2007
Gregory Snow, National Vice-President, Revenue Cycle, Kaiser Foundation Offers 2008 Revenue Cycle and Cash Flow Predictions to Future Healthcare Magazine
In an industry that continues to move toward simplification, Future Healthcare Journal calls on Gregory Snow of Kaiser Foundation to determine healthcare predictions for the coming year. Future Healthcare, a journal written by thought leaders in the healthcare industry, continues to educate readers on bridging the administrative process concerning insurance coverage and benefit levels.
The opportunity for improvement, according to Snow, is, "inefficiencies that exist during the verification process; additional issues further arise with delayed payments and the need for the resubmission of claims due to the associated denials." Snow continues on to indicate the multiple payers, coordinating insurance coverage and benefits levels as a tedious process.
Gregory Snow suggests the solution lies with a national clearinghouse coordinating benefit issues. Major healthcare organizations like America's Health Insurance Plans, American Hospital Association, and Healthcare Financial Management Association can assist in this process by creating a centralized source of insurance and benefit information.
As the new year fast approaches, Future Healthcare, its readers, and industry thought leaders will watch as these changes begin to take place.
For more information on revenue cycle and other industry-written articles, visit www.FUTUREHEALTHCAREUS.com to download Podcasts, whitepapers, and case studies.
Gregory Snow, National Vice-President, Revenue Cycle for the Kaiser Foundation Health Plan, Inc., provides executive revenue cycle leadership with respect to the comprehensive Kaiser Permanente revenue cycle program for approximately $40 billion in annual revenues and 8.7 million members.
Contact: Ebonni Bryant 646-747-0563 Email Contact
SOURCE: Future Healthcare