Thursday, April 16, 2015

Social Security Disability Benefits Requirements

If you get hurt and have social security, you can be eligible for compensation. The Social Security Administration (SSA) will assess your condition and other factors influencing your application to determine just how much financial support you are entitled to receive.

The financial benefits will generally depend on the type of disability you sustain. There are SSA requirements any individual application for Social Security disability benefits must meet. Also listed are the major conditions the SSA considers as proof of entitlement to disability benefits. These include musculoskeletal problems, cardiovascular conditions, and others.

Thursday, April 9, 2015

Expanding the Medicaid cut

Medicaid is gradually becoming a favorable healthcare insurance option for families under the Affordable Care Act. After years of coverage for pregnant women, children, and persons with disabilities, the law allowed eligibility for Medicaid for parents in the lower-income bracket or single adults with no kids.
The Medicaid expansion was one of the major provisions at stake in the ACA cases decided by the Supreme Court in June 2012. The Supreme Court upheld the Medicaid expansion, but limited the federal government's ability to penalize states that don't comply. Therefore, where it was originally mandatory for states to expand Medicaid, now it’s effectively optional.

Thursday, April 2, 2015

Making Sense of RCM

Many hospitals in the entire country tend to get stumped over accounting for their operations and the bottom line. In some respects, part of making situations better requires taking stock of processes such as revenue cycle management, or RCM.
What is revenue cycle management all about? Essentially, it’s the process by which hospitals ensure that they receive appropriate payments in a timely manner. The revenue cycle starts from data collection, i.e. when the patient sets an appointment, and ends when the patient’s balance zeroes out. Throughout the process, there is a need to balance patient satisfaction and the institution’s revenue and sustainability.