Trump’s Budget Cuts Proposal Hits Social Security Disability for Children and Adults

3.jpg

The Trump administration has recently unveiled a budget plan aimed at easing the country’s deficits and increasing defense funding. The plan contains budgets for several government assistance programs such as social insurance, social security, Medicare, Medicaid and food stamps.

The Social Security Disability Insurance (SSDI) will be one of the most affected programs should the budget proposal get the greenlight. This has drawn flak from a lot of people since the program covers millions of American workers, children and senior citizens. Currently, almost 9 million American workers aged between 18 and 64 are benefitting from SSDI. These beneficiaries have nearly 2 million dependents. Adult children with disabilities and widows and widowers of workers are also under this federal aid. Read more from this blog. http://bit.ly/2upDOa3

Revenue Cycle Management Companies Bracing for Significant Market Growth

2

The future of the healthcare revenue cycle management (HRCM) industry is bright. According to reports, the market is expected to grow significantly and hit USD 100 billion by 2024. This is thanks to the increasing use by private clinics, hospitals, diagnostics and ambulatory care centers. The development of value-based healthcare services and RCM solutions will also drive the growth, as well as increased work efficiency and quality of work life among healthcare professionals as a result of an improved level of automation.

Since HRCM is considered a vital part of the healthcare industry, this growth will benefit healthcare facilities, personnel and patients in a lot of ways. Billing processes will be made easier, thus increasing the quality of patient services and curbing down hospital expenses.

Technology and end-users are also integral in this predicted growth. Healthcare facilities are utilizing HRCM solutions to save time and money while physicians can do their jobs faster and more efficiently. Such integrated solutions prevent errors and make medical coding easier. Read more from this blog. http://bit.ly/2uYuNlz

Revenue Cycle Management Services and a Decrease in Healthcare Program Enrollees

1

The confusion regarding the state of the country’s healthcare program continues on, and this time the effects are being more widely felt than ever. On the frontlines are healthcare providers who have reported a significant decrease in the number of enrollees over the past year.

It’s no wonder how this development came to be. With the change of administrations and a twice-failed attempt at repealing and replacing the existing Obamacare, there has been a lot of concern as to what kind of new program will be finally implemented.

Higher Risk, Low Returns

Healthcare providers are now talking about how much more difficult it is to keep the business afloat, mainly because they are not able to hit the numbers in enrollment they had been expecting. Read more from this blog: http://bit.ly/2uptG18