• Beyond Compliance with Hospital Price Transparency
    Mar 24 2026
    Beyond Compliance with Hospital Price Transparency With Host Kevin Chmura, CEO of Panacea Healthcare Solutions and Guest Govi Goyal, President, Financial Services of Panacea Healthcare Solutions In this episode of Beyond the Bottom Line, Kevin Chmura is joined by Panacea’s President of Financial Services, Govi Goyal, to discuss the recent changes in the latest chapter in Hospital Price Transparency. Govi presents his thoughts regarding the latest price transparency requirements, with a heavy emphasis on machine-readable file, which received a decent amount of changes since last year. He will also touch on the events that led us to today’s landscape, while also exploring compliance pitfalls to be aware of. Episode transcript available below. Kevin Chmura Hi, and welcome to this episode of Panacea’s podcast, Beyond the Bottom Line. Let’s talk healthcare, finance, revenue cycle and compliance. I’m your host, Kevin Shimura, CEO of Panacea Healthcare Solutions. Today we’re welcoming back Govi Goyal, our President of the Financial Services Division at Panacea, to talk about recent changes in the latest chapter in hospital price transparency. Govi, welcome back. Govi Goyal Thank you. Kevin Chmura So Govi, we’ve done a bunch of these together and as usual you maintain your position as a leading national thought leader on the topic of price transparencies. So rather than maybe bringing, you know, dragging you through and asking you a series of questions, maybe I’ll just open up the floor to you. I think people want to hear what you’re thinking about. Especially as it comes to the new machine-readable file requirements. You know, we had an awkward series of events that got us to where we are today. Maybe you could touch on that and maybe just talk about some compliance pitfalls. That you can see. And so rather than me getting in your way, I’ll turn it over to you and let you take it from here. Govi Goyal Yeah, absolutely. I think awkward is a good way to describe it. The timing is really good though. It’s another year. So we’ve got another year of new price transparency requirements. This time there’s not any changes to the consumer display or patient estimation system, but there’s certainly a decent amount of changes that are happening with the machinable file, which has really been a work in progress, I’d say over these last few years, but there’s been significant activity within the last year. So, in just a few weeks here, April 1st, CMS will begin enforcement of the new requirements that were laid out. In both the proposed and final rule for 2026. Technically these are effective January 1st, we’ve got a little bit of grace period which I think hospitals are taking advantage of it. So on the technical side of things, what we’re seeing is that CMS is really getting. What’s getting rid of the replacing the estimated, the current estimate allowed amounts with four new allowed amount fields. And these fields are the median allowed amount, the 10th percentile, 90th percentile and then the count of allowed amounts. And so I think it’s really important to kind of understand this part there and you know why. What does this really mean and why is this happening? So as a kind of a refresher here, estimated allowed amounts by definition refers to the historical average payment that a hospital received for that given payer or plan and for that for that billing code. And it’s really applicable when you may not have a standard negotiate rate or you have a standard negotiate rate. But then that could be varied by other factors. So for example, you’re getting paid on a percentage charge on a DRG. We know that the gross charges could vary from patient to patient. There’s not a standard negotiated rate. So CMS came up with the estimated allowed amount, which is basically a second field for a negotiated rate when there is no standard. Or let’s say you have a scenario where you’re a hospital, you’re getting paid on a case rate for a given surgical procedure, but then there’s also the opportunity to get paid an additional amount if it’s a high dollar claim in the in the concept of stop lossless or lessor of, so that whole concept is not changing. CMS is not changing the qualifications, how you qualify a line item that would need in this case going forward for 2026 in April, now a median allowed amount. Really what’s changing here is the calculation itself. So instead of looking at a historical average, we’re now CMS is now asking hospitals to get to the median, the 10th and the 90th percentile and then also include the count of allowed amounts. So the qualification process same, the calculations are changing and I think you hit the nail on the head there, Kevin. We have to kind of go back in time. We got to get in our time machine here. We don’t have to go too far back, but if we go back about a year ago and think about the executive order. That’s really where...
    Show More Show Less
    19 mins
  • Acquisition of MedLearn
    Feb 11 2026
    Panacea Healthcare Solutions Acquires MedLearn Media With Host Kevin Chmura, CEO of Panacea Healthcare Solutions and Guest Angela Kornegor, CEO of MedLearn Media In this episode of Beyond the Bottom Line, Kevin Chmura is joined by MedLearn Media’s CEO, Angela Kornegor, to discuss Panacea and MedLearn’s shared history, in response to Panacea’s latest acquisition of MedLearn. Kevin and Angela dive into MedLearn’s trusted education brands which include MedLearn Publishing, RACmonitor and ICD10monitor and how combining forces completes the model of software, consulting and professional level education. They explore how this will give coding, HIM and compliance teams the tools, insights and accredited education needed to keep up with complex rules while protecting revenue and focusing on patient care. Episode transcript available below. Kevin Chmura Welcome to Beyond the Bottom Line. I’m your host, Kevin Chmura, CEO of Panacea Healthcare Solutions. After eight years apart, MedLearn Media has rejoined Panacea and I couldn’t be more pleased about that and I want to share why. Today I’m sitting down with Angela Kornegor, head of MedLearn, to talk about our shared history. MedLearn’s trusted Education brands which include MedLearn Publishing, RACmonitor and ICD10monitor and how combining our forces completes the model of software, consulting and professional level education. Our goal is simple, give coding, HIM and compliance teams the tools, insights and accredited education they need to keep up with complex rules while protecting revenue and focusing on patient care. So, Angela, welcome. Welcome to Panacea. Let me be the first to welcome you to Panacea. But I guess I should do this appropriately and welcome you back to Panacea. That’s probably the way to say it, right? Ours is an interesting. History, Panacea and MedLearn. And you’re probably more qualified to talk about it than I am because you, your time spanned both the time we were one company and the time we were and now we are again. So maybe I could ask you to just give me a couple of minutes on the history for everybody that’s listening. Angela Kornegor Yeah. Well, it’s been eight years. So, it’s been eight years since MedLearn was a part of Panacea, which was great. We were together for six years. At that time, we had MedLearn Publishing, RACmonitor, ICD10monitor, which we still have, but we didn’t have the depth of content in the digital format that we have now, eight years ago. Kevin Chmura Yeah, yeah, that’s it. And so a series of M&A moves brought the company together, brought the companies together, broke them apart. And then we found our way home to each other just a month or two ago. How long has it been? Angela Kornegor It’s been a long time, but it’s just officially a month ago. Kevin Chmura Deals are hard. Deals are hard and you were great during the deal. We have said this to each other that that the deals are hard because for so many people in a deal, the day of the closing is their last day. For you and me, it’s the beginning. We were involved in the rest of it as well. You were great. So, I’m looking forward to, you know, really working with you, not just to get the deal done. So, look for the Panacea customers who are pretty, pretty tight on what we do. I thought maybe you could give me a couple of minutes on. On MedLearn, generally catch everybody up. There are those who will remember MedLearn from the past and as you just stated, you’ve evolved greatly. So, you just if you give us a couple of minutes on what you’re doing today. Angela Kornegor Absolutely, absolutely. So again, we still have our three brands. So MedLearn Publishing, RACmonitor, ICD10monitor. Our goal there is to focus on trusted deep. Content that will help with regulatory rules and all the burdensome government changes that are going on left and right to help make sure that they can A) get accredited content because that’s what they need to keep their credentials up, but we want to help make sure that they’re continuing to be the hero at what they do because it’s not an easy job, it’s tough. And these complex rules make getting their revenue, focusing on patient care a challenge. And we want them focusing on patient care because that’s what impacts all of us. Kevin Chmura Yeah, yeah, it’s interesting. You know the coding HIM in in healthcare often called mid-rev cycle and it really is it’s the core. And when you think about it’s… The core is the handoff from the clinical to the financial and that handoff is so critical and we as an industry has not. We haven’t made it easy for the folks that are professionals in that space. We don’t need to have. I spent 30 years in the back end of the revenue cycle, certainly could get credentialed in different things, but was never required to unlike coders. So, what MedLearn does is so critical to that world and we’re excited to bring it to Panacea. I think ...
    Show More Show Less
    11 mins
  • Medicaid Eligibility Under the One Big Beautiful Bill Act: Our Expert Breaks it Down
    Jul 22 2025
    Medicaid Eligibility Under the One Big Beautiful Bill Act: Our Expert Breaks it Down With Host Kevin Chmura, CEO of Panacea Healthcare Solutions and Guest Brian Herdman, Director, Financial Reimbursement Services, KA Consulting Division In this episode of Beyond the Bottom Line, Kevin Chmura is joined by policy expert Brian Herdman to discuss how the One Big Beautiful Bill Act is set to impact Medicaid eligibility, what this critical issue means for hospitals and healthcare providers, and how these changes can affect your bottom line. Kevin and Brian dive into not only what changes providers can expect to see right away, but also those changes which will be coming into play in the next few years, and how to best prepare before they happen. They also explore what challenges hospitals can expect to see as a result of this bill’s passage, as well as if there are any positives for healthcare systems or providers. Episode transcript available below. Kevin Chmura Hi, and welcome back to Beyond the Bottom Line, Panacea’s Podcast exploring the business and policy issues that matter most to healthcare organizations. I’m your host, Kevin Chmura, CEO of Panacea Healthcare Solutions. In this follow-up episode, we’ll continue our conversation with Panacea’s policy expert, Brian Herdman, about Medicaid funding, a critical issue for hospitals and healthcare providers, and take a closer look at how the latest developments in Congress and the administration could impact your bottom line. We’ll also revisit some of the practical steps you should be thinking about today to strengthen your organization’s financial position now that we’ve seen how these policy issues have unfolded. So Brian, welcome back to the podcast. Brian Herdman Great to be here. Kevin Chmura Great to have you back. So, Brian, the One Big Beautiful Bill Act, the OBBBA has now been signed into law and we did a podcast on this topic in March, at which point we were really looking at the versions of the bill that were being kicked around. We were really probably going more off of what we were seeing in the press, in the media, and less what we really knew. Now we’re getting a real look at it. You’ve had an opportunity to spend some time with the text and do your analysis. You are by far our best regulatory expert here at Panacea, so interested in in what you’re saying now, we can spend a lot of time going through the individual provisions as they relate to Medicaid and those things that will be deeply impactful. If we went through all of them, this would be a three hour podcast and I think we lose a lot of the audience. I thought maybe what would be better for everybody, given your expertise in this area? Probably crafting it a little to our target audience, which is probably mostly hospitals and health systems, wondering if you might just spend some time talking about those provisions and those elements that you’re paying the most attention to, the things that you think will be most impactful. And maybe we just take the conversation from there. Brian Herdman Sure. Sure, Kevin. So, you know, after all that back and forth and all those, you know, 4th of July deadline to get the bill passed and whatnot, there is a lot of, you know, what’s going to stay in, what’s not going to stay in between the House and Senate reconciliation process. And now that that has shook out, you know, as I’m looking at the Medicaid specific provisions, because I think that’s where the big change is going to be for our clients, on that Medicaid provisions, you know, there’s kind of two kind of two way, two sets of issues our clients are going to have to look at, you know, the things are going to affect which specific claims are going to be eligible for Medicaid and at what amount. And just generally speaking, the environment that the state, that the provider operates in the state with the state’s Medicaid program, what’s happening with FMAP, what’s happening with state directed payments and how is that going to all unfold? So as I’m looking at those two kind of main themes, you know, what’s happening like, you know, soon what’s happening soon-ish and then, you know, what’s kind of pushed out far ahead. And when I look at the things that are coming up soon, it’s not anything that’s like, you know, hair on fire, oh, my gosh, we have to do a lot of things differently. There was that immediate elimination of some moratorium on some things that would get you streamline applications into Medicaid. That’s going away. And, you know, there is that reduction in FMAP percentage to states when they have done that expansion. But, you know, on the margins, none of those things are going to be a dramatic change to how our clients, you know, get how many of those claims go through and how much they really get paid by the state. When you really start to see that happen is around January 2027. That’s when we’ll start to see a lot of ...
    Show More Show Less
    15 mins
  • Unlocking Access: How RevenueRx Transforms Drug Assistance for Hospitals
    Jul 14 2025
    In this episode of Beyond the Bottom Line, Let’s Talk Healthcare Finance, Revenue Cycle and Compliance, host Kevin Chmura, CEO of Panacea, is joined by Brian Herdman, Panacea’s Director of Financial Reimbursement Services, as they discuss the House Republican budget plan’s mandate to reduce spending from a variety of programs, including Medicaid With cuts of approximately $880 billion in funding over the next ten years, find out what programs are likely to see a reduction.
    Show More Show Less
    14 mins
  • Beyond the Bottom Line – Episode 3
    May 14 2025
    In this episode of Beyond the Bottom Line, Let’s Talk Healthcare Finance, Revenue Cycle and Compliance, host Kevin Chmura, CEO of Panacea, is joined by Brian Herdman, Panacea’s Director of Financial Reimbursement Services, as they discuss the House Republican budget plan’s mandate to reduce spending from a variety of programs, including Medicaid With cuts of approximately $880 billion in funding over the next ten years, find out what programs are likely to see a reduction.
    Show More Show Less
    19 mins
  • Beyond the Bottom Line – Episode 2
    Mar 28 2025
    In this episode of Beyond the Bottom Line, Let’s Talk Healthcare Finance, Revenue Cycle and Compliance, host Kevin Chmura, CEO of Panacea, is joined by Brian Herdman, Panacea’s Director of Financial Reimbursement Services, as they discuss the House Republican budget plan’s mandate to reduce spending from a variety of programs, including Medicaid With cuts of approximately $880 billion in funding over the next ten years, find out what programs are likely to see a reduction.
    Show More Show Less
    13 mins
  • Beyond the Bottom Line: Episode 1 – Rapid Response
    Feb 27 2025
    President Trump Reintroduces Price Transparency with New Executive Order With Kevin Chmura, CEO of Panacea Healthcare Solutions In the first ever episode of Beyond the Bottom Line, we take a look at a new Executive Order from President Trump, Fulfilling the Promise of Radical Transparency, signed February 25th, 2025. Kevin Chmura, CEO of Panacea Healthcare Solutions and our host, is joined by Govi Goyal, President of Panacea’s Financial Services Division, to discuss this new enforcement to Hospital Price Transparency regulations. Listen in as they break down what is new in this Executive Order, what enforcement measures are now in place, and what steps healthcare organizations should take to ensure compliance. In addition, hear what Govi Goyal predicts for the future of Price Transparency. Episode transcript available below. Kevin: Welcome to the inaugural episode of Panacea’s new podcast Beyond the Bottom Line. Let’s talk healthcare, finance, revenue cycle and compliance. I’m your host, Kevin Chmura, CEO of Panacea Healthcare Solutions. Whether you’re a healthcare executive, a financial professional, or simply curious about how these essential pieces of the healthcare puzzle fit together, you’re in the right place. Our goal is simple to give you actionable insights and expert perspectives that can help you optimize your operations and drive strategic growth. In this episode, I’m joined by Govi Goyal, Panacea’s President of our Financial Services Division. Financial Services Division at Panacea handles our strategic pricing and Price Transparency products and services. Govi is a nationally recognized expert on Price Transparency topics, having really been a leader since the first regulations were released by CMS. And we are providing a little bit of rapid reaction to a new executive order that was signed by the President yesterday and want to just give some initial feedback, some observations, some client interactions that we’re having, and just catch everybody up on what’s going on in as close to real time as we can. So first, let me welcome Govi to the show. Welcome, Govi. Govi: Hi Kevin. Kevin: Good to talk to you as always. So as I mentioned, we have a new executive order signed by President Trump. It was less than 24 hours ago as we record this right now. Interesting, and but probably not surprising to those of us that have been immersed in this, I’m sure not a surprise to you Govi, in the first Trump administration, the president and his team showed a real commitment to Price Transparency. Really believing it was a way to help lower healthcare costs for individuals and employers to buy insurance. Many people will likely recall that it was President Trump that signed the No Surprises Act in 2020, which gave way to Good Faith Estimates as another element of Price Transparency. He always showed a strong commitment to Machine Readable Files and to consumer displays for comparative shopping. So it probably shouldn’t be a surprise to any of us that within a month of taking office or so, he has signed an executive order, really doubling down on some of the work he did in his first administration. I’m just going to for the audience’s benefit, in case you haven’t seen this yet, you’re hearing this for the first time. I’m going to just read one section of this. Just bear with me. It’ll only take a second. And then I’m just going to ask Govi for his reaction to it. So Section 3 of the executive order, signed on February 25th, 2025, is entitled Fulfilling the Promise of Radical Transparency. I love the adjective in there, radical transparency, and it states this: the Secretary of the Treasury, the Secretary of Labor and the Secretary of Health and Human Services shall take all necessary and appropriate action to rapidly implement and enforce the healthcare Price Transparency regulations issued pursuant to Executive Order 13877, including within 90 days of the date of this order. Action to: A. Require the disclosure of actual prices of items and services, not estimates; B. Issued updated guidance or proposed regulatory action ensuring price information is standardized and easily comparable across hospitals and health plans, and; C. Issued guidance or proposed regulatory action updating enforcement policies designed to ensure compliance with the transparent reporting of complete, accurate and meaningful data. That’s the meat of the EO. The preamble before that, what’s after that is generally general provisions and I have my own thoughts on it, but they will pale in terms of their importance to yours Govi. So Govi just it’s as new. We’re seeing it for the first time. Just curious if you could give me your initial reaction to what we’re seeing here. Govi: Yeah, absolutely. So, you know, for a brief moment, the spotlight is taken off DOGE and away from all these federal workers who possibly might lose their jobs, and it was on Price Transparency. And a lot...
    Show More Show Less
    23 mins