Dear Reader –

As 2018 draws to a close, I'd like to think of this edition of The nQuirer as the finale to a great year. While 2018 was full of growth and opportunities, we're already preparing for what's to come in 2019.

First and foremost, the new Centers for Medicare and Medicaid Services (CMS) Inpatient and Long-Term Care Hospital Prospective Payment System mandate goes into effect January 1, 2019. As you know, it requires all hospitals to post all standard charges online in a machine-readable format. With this mandate, hospitals are also required to update the list of charges annually. In support of a patient-centered health care system, this final rule will help improve patient access for health solutions pricing while increasing patient satisfaction.

nThrive is well-positioned to help your health care organization navigate and comply with the 2019 CMS and state price transparency requirements through nThrive's Health Information Technology Solutions and our industry leading Advisory Services. Our Health Information Technology Solutions include CarePricer, which provides accurate patient-friendly price estimates to comply with state-specific price transparency requirements; CarePricer Patient Facing Estimation Tool, which allows patients to obtain health solution price estimates through their provider's website; and our CDM Master and Charge Description Master Manager technology, which allows hospitals to comply with the new CMS price transparency rule to post standard charges on the internet in a machine-readable format. nThrive Advisory Services can provide a team of health information management experts to help your medical facility navigate price transparency requirements and comply with federal and state mandates. If you'd like to speak with an nThrive professional about how we can help you prepare for the changes ahead, contact Info@nThrive.com, today!

On a lighter note, in a recent blog written by nThrive Vice President of Business Health Solutions Rebecca Marsh, M.B.A., CPC, CHC, learn how to better prepare for price transparency in the upcoming year. Rebecca covers the steps you should take to meet the 2019 ruling requirements, not only to achieve compliance but to leverage price transparency as a competitive advantage to better serve your patients. Don't miss the link at the bottom of the blog to our new guide, "Prepare for pricing transparency," with more information on how nThrive can help your health care organization flourish.

Do your 2019 goals include preventing incorrect billing; accelerating incoming cash flow; and reducing cost to collect? If so, nThrive Claims Management and Medical Billing and Coding Solutions can help. In this recent case study, learn how nThrive helped a California-based health care system achieve an impressive 95 percent clean claim rate after facing a clean claim rate of 81 percent and a rejection rate of 12 percent. If your organization is currently dealing with similar outcomes, we'd love to help!

If your overall focus lies more in the mid-revenue cycle, I invite you to take a look at our checklist guide which will help your organization optimize medical billing and coding productivity. This checklist has been developed to help improve coders' output accuracy and efficiency. Answer a few questions and see how to better streamline medical coding at your health facility.

Last and certainly not least, nThrive is wrapping up the year with three informative webinars. In December, nThrive is teaming up with the Healthcare Financial Management Association, the South Carolina Health Information Management Association and NueHealth to help health care professionals stay informed on the latest trends and transformations. I hope you can make the time to participate – it will be worthwhile.

Above all, I want to thank you – and all of our dedicated clients – for making 2018 a great year and for your ongoing partnership. Moving forward, we are excited to continue our relationships and build new ones in the process. It's our promise to you that we will thrive together now, and every year down the road.

Happy Holidays!

Best,

Joel Hackney, CEO