Does The News Media Have A Moral Responsibility?

Much has been said in recent years about the increasingly irresponsible news media. For those of us who remember Walter Cronkite, we are amazed by the sleazy depths to which our news media can go nowadays. Their present fascination with Anna Nichole Smith’s death perfectly illustrates those depths.It is commonly speculated that the drive for increasing profits by the corporate owners of the news outlets, along with fierce and unanticipated competition from the cable channels and Internet blogs have motivated a new focus upon the lurid. I might add the media consultants who insist that appealing to the lowest common denominator, not hard news, brings and keeps viewers or readers. In spite of ourselves, we are especially fascinated by the downfalls and humiliations of our anointed celebrities.But my concern is not over this sleaziness. After all, we can still find, if we search, a few outlets that do focus upon the important world and local news. A deeper and more insidious issue is the honesty of our journalists. I believe that most people go into journalism because they have an ideal of finding and sharing the truth about the people and issues that form our society. But, like most politicians, they gradually become distracted and compromised by the pressures to be profitable, to attract and hold viewers/readers, to lead with stories, to reinforce a political or social perspective, and to add a spin more interesting and attractive than the competitors on the other channels.And sometimes those pressures force a bending or complete loss of the truth. While I understand that most news outlets have an expressed, or more often unexpressed, political leaning, there remains the moral responsibility to be truthful. But what is truth in the context of reporting on events and people? Is it still being honest if we emphasize those aspects of the story that reinforce our viewpoint while de-emphasizing or ignoring those that don’t? Are we serving our viewers and readers if we consistently vilify those in the opposing party while blindly praising and ignoring the faults of those in ours? Or is that just being disingenuous? Should the news media be held accountable, as are the rest of us, when they libel or slander?Sure, occasionally a supermarket tabloid will lose a slander lawsuit, but seldom do the major newspapers or news channels face such sanctions. When the news media are criticized for their dishonesty, hypocrisy or bias, they cry freedom of speech and partisanship and few want to take them on. They have become relatively above reproach, compared to any other group.And yet no other segment of our society can so dramatically influence public opinion and political dealings. The news media no longer just report on events, they form and even create the events. They can make or break political candidates, drive legislation, manipulate the economy into and out of recessions, and even alter foreign policy. They have become a crucial element of our society largely above reproach.While there is a very real danger in interfering with the news media’s ability to report and go wherever they need to go, they should be more aggressively held accountable when they are deliberately untruthful or manipulative. While our political leaders won’t likely have the courage or will to take on the press, perhaps the relatively loose and free Internet will do more to expose dishonesty wherever and whenever it occurs.

Revenue Cycle Management’s Importance in Healthcare

The Healthcare industry transition from fee-for-service to value-based care reimbursement impacts the traditional RCM (Revenue Cycle Management) in different ways. Every healthcare organization or an individual veteran practitioner needs to be financially balanced or strong to deliver their uninterrupted services. This is a time where best healthcare RCM service comes in.Revenue Cycle Management in healthcare is the financial process that facilitates the control of complex administrative processes and clinical functions such as patient eligibility, claims processing, reimbursement, denied claims management, and revenue generation.RCM is the backbone of healthcare organizations that helps them to pay their bills, manage their resources and much more. According to international standards report, in medical billing, more than 25% of claims have been rejected and up to 40% of those claims are never re-submitted i.e. the healthcare organizations suffer from major revenue loss.On the bright side, with proper RCM process, the healthcare sector can get greatest benefits with minimum bad debt write-offs. To understand the exact phenomenon of healthcare revenue cycle management, first, you have to understand its basics in the medical billing process.Basics of Healthcare RCM:

It starts from the appointment of a patient to seek any medical assistance and completes when the health organizations collect their payments.

At the beginning, the health group administrative staff manage an array of processes like scheduling, insurance eligibility verification and creation of patient’s account.
“From the perspective of Revenue Cycle Management, immaculate submission of patient information at the time of patient scheduling and registration improve the cash flow of the healthcare organization.”

After the patient’s treatment, the process of claims submission begins. An advanced coder submits the claims with right ICD-10 codes, the codes define the value of reimbursement and an approved code prevent claims denials.

Then comes the important part of private or government payer for payment. They evaluate the claim values, verify the details i.e. insurance coverage, contracts, etc. and process for reimbursement.

Most claims are denied due to improper coding, incomplete patient accounts, patient chart errors, etc.

Then comes the last outcome of revenue cycle management i.e. maximum claims reimbursement. RCM helps the healthcare organizations to get paid maximum claims reimbursement on time with fewer denials.

After that, the healthcare groups or the individual veterans perform the AR Follow up in which they create Healthcare claims i.e. manually or automatically and sends them to various Insurance companies.

In the final stage i.e. Payment Posting, the medical billing management software records every patient’s payment with accurate information including patient’s name, account number, denial info, service dates, etc. for future reference.
Importance in Healthcare:It can help the healthcare organizations to track the exact performance of their financial growth. They can easily determine the claims approval and denial rates via proper RCM process. With immaculate RCM process, the healthcare organizations managed their medical billing process effectively and fixed their claim denial issues quickly.Here are some key benefits of effective RCM:

Fewer denied claims

Improved patient care

Higher Reimbursements

Immaculate administrative records i.e. no other penalties or fees

Faster Turnaround time for claims payments

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