Your Revenue Cycle Never Stops, and Neither Do We

Size: px
Start display at page:

Download "Your Revenue Cycle Never Stops, and Neither Do We"

Transcription

1 NTT DATA welcomed Dell Services into the family in Together, we offer one of the industry s most comprehensive services portfolios designed to modernize business and technology to deliver the outcomes that matter most to our clients. Your Revenue Cycle Never Stops, and Neither Do We Revenue Cycle Management Services by NTT DATA Improve clinical and financial outcomes with leading automation technology and a certified global workforce of experts Over the last few years, the healthcare landscape in the Gulf Cooperation Council (GCC) has changed tremendously with the advent of new technology, patients being part of their healthcare decisions and changing economic conditions. But most GCC countries have a very diverse population with varying nationalities, educational backgrounds and cultural beliefs, which poses challenges in providing healthcare. Additionally, in 2014, the United Arab Emirates (UAE) implemented a healthcare reform law mandating health insurance for all Dubai and Abu Dhabi residents. It is only a matter of time before this law is introduced on a federal level to alleviate some of the UAE s healthcare economic risks and transfer ownership of a healthy lifestyle back to the ever-growing populace. As a result of this law, several systems, processes and procedures on the provider side need to change, such as registration, billing, coding, change and critical IT systems. And healthcare organizations are expecting increased financial pressure as the reimbursement model changes and the consumer, along with health plans, shoulder the healthcare costs. The key to managing this complex provider revenue cycle is to control cash flow and patient care while reducing overhead. And that s where NTT DATA can help. As a trusted revenue cycle provider to hundreds of health systems and organizations around the world, NTT DATA understands that the revenue cycle never takes a break. With a talented team of experts, an understanding of processes, in-depth knowledge of the latest healthcare technology and a global network of service centers, Revenue Cycle Management Services by NTT DATA never miss a beat. From a full-scale implementation of the revenue cycle process, to a short-term customized project addressing one part of the revenue cycle, or a cost-reduction strategy, NTT DATA offers solutions to achieve the results you need. Utilize breakthrough solutions that increase cash flow to improve your healthcare business.

2 Revenue cycle challenges in the GCC As the healthcare industry in the GCC transforms, it faces several challenges, including: The need to establish processes: Healthcare providers are realizing the need to establish revenue cycle processes to keep administrative costs down, strengthen cash flow, streamline medical records, and deploy processes to ensure accurate claims and policy administration. The lack of skilled and talented healthcare professionals: Healthcare organizations struggle to find the right resources who are trained to handle revenue cycle functions. The lack of skilled and trained healthcare professionals adversely affects the overall hospital performance. The high cost of billing and collections: With healthcare reform in place in parts of the GCC, there is a growth in the number of self-pay accounts with an increased possibility of billing errors, including uncollected revenue or unexpected care charges that could shock patients with bills they are unable to pay. Errors in billing and collections can cause providers millions of dollars unless there is a better understanding about patient responsibility and a process in place that could help streamline the transactions. Delays in performing necessary functions: The increased demand on staff and additional administrative work have led to delays in payment to providers and, most importantly for patients, delays in the approval of claims and medical procedures. Long waiting periods for claims adjudication: Waiting for claims to be processed and adjudicated can delay care managers from receiving crucial information by months. A patient s health can deteriorate dramatically during this period, which can lead to costly events such as visits to the emergency room, hospital admissions and readmissions. Our areas of expertise By working with NTT DATA, you get access to an experienced team of highly skilled revenue cycle specialists. Our network of service centers takes advantage of scale, automation and proven processes, which means that your revenue cycle operations gain performance efficiencies to maximize cash flow. And with our team of resources located across the world, you can get work done around the clock, so your revenue cycle operations never sleep. The result is a high-yield, efficiently run revenue cycle from end to end. Patient access Billing Receivables Appointment Scheduling Eligibility verification and registration Coding Charge capture Provider enrollment Preadjudication Claims submission Rejection and denial Account resolution Payment posting Credit balance and refunds Bad debt and collections Patient appointment and scheduling Financial counselling Account creation Pre-registration Eligibility verification Benefits Pre-certification/prior authorization Patient registration New Existing E-demo Coding Prospective coding Physician coding Facility outpatient Facility inpatient Hierarchical Condition Category (HCC) coding Physician Quality Reporting System (PQRS) coding Coding audit Codes audit Documentation audit Physician education or clinical documentation improvement (CDI) Charge entry Manual charge EMR charge Copay Claim submission Work edit System edits Clearing house rejects Insurance rejects Updating fee schedule Provider enrollment and credentialing Payment posting Electronic remittance advice (ERA)/explanation of benefits (EOB) download lockbox and insurance websites Payment batch prep Insurance and patient payments manual Insurance payments ERA/EFT Denial posting Correspondence Indexing Day/month close AR follow-up Claim status Unpaid follow-up Denial Denial analysis, appeals, coding denial, underpayment review Patient refunds Insurance refunds Bad debt/pre-collection process Collection agency payments Allowable monitoring Conveyance and small balance adjustment Unapplied/suspense Patient statement Return mail and bad address correction Patient inquiry process Patient follow-up Figure 1: End-to-end revenue cycle 2

3 Scheduling Registration Eligibility verification Charge entry Claim submission Insurance Follow-up Management and operational reporting Check writing / refund processing Process Revenue cycle standards and guidelines Education and training Compliance Mature governance model Revenue system Technology People Distributed business 5,000+ revenue cycle experts process system Offshore arbitrage Testing Coding expertise Security Data analytics Audit Web reporting Denial Lockbox processing Bad debt processing Self-pay collections identification Self-pay statement generation Payment posting Figure 2: Data flow for revenue cycle projects Revenue cycle outsourcing/ implementation Increase your net cash with improvements that can add millions of dollars annually to your bottom line. By establishing and executing the best processes and practices, we help deliver measurable reductions in the costs associated with your revenue cycle operations. Patient access transformation Patient access is usually the first point of contact a patient has with a hospital and with the revenue cycle. It s also the most important, and not just for the patient. Data collected during this process can dramatically impact accuracy and payment turnaround in the latter stages of the revenue cycle. Admission and registration data that is full of integrity and accuracy issues can dramatically increase rework with denied claims. This can adversely affect cash flow, and create inefficiencies that lower patient satisfaction through a perception of poor customer service. NTT DATA can help transform your patient access functions from simply admitting and registering patients and verifying insurance, to achieving high-value customer service and capturing all relevant patient data. Revenue cycle projects Having collected billions of dollars for our clients, NTT DATA is an industry pioneer in providing short-term, onsite cash recovery projects. Whether your challenges are Day 1, Day 150, accounts receivable (AR), a specific financial class or a system conversion, you can experience a rapid increase in cash with our customized solutions: 3 Onsite cash recovery projects are intensive programs that increase cash flow in the shortest possible time. We work on site with your team to resolve aged AR to quickly generate cash. Computer conversion solutions have a proven track record of successfully managing receivables during a system migration or upgrade. We work on site to maintain a steady cash flow during the conversion project, which also provides your team with a fresh start in working receivables in the new system. Staffing solutions provide assistance where you have revenue cycle gaps. Our revenue cycle professionals possess deep industry knowledge and will be on site as long as you need them to provide and oversight in any area of your revenue cycle. Health information (HIM) In addition to helping augment your revenue cycle processes, NTT DATA also specializes in enhancing HIM workflow and improving clinical data integrity. Our team of experienced and credentialed former clinicians, hospital administrators and HIM specialists have a deep understanding of healthcare, compliance and regulatory issues. They can address every aspect of your operations and planning activities, including: Coding/remote coding HIM sourcing Charge description master review, updates and revision Master patient index cleanup Charge capture audits to find lost revenue Interim Operational assessment and improvement Strategic electronic medical record plans Discharged not final billed reduction solutions Transcription assessment and Recovery Audit Contractor/Medicare Integrity Contractor preparation Case mix analysis Claims denial review Resolution of National Correct Coding Initiative (NCCI) edits and outpatient medical necessity edits Extended business office programs Hard-to-collect receivables from self-pay and third-party accounts create a weak link in your revenue cycle. Our extended business office solutions which have driven financial results for hundreds of healthcare providers across the world can help you strengthen that link. By providing deeply experienced onsite and offsite resources to your business office, we help generate cash from difficult-to-collect accounts to achieve the results you expect. Using shortterm and long-term solutions, our team focuses on all areas of your billing and collections cycle. The result is extra cash for your facility. For added peace of mind, our staff and network of service centers are securely connected to your facility, ensuring your patient and billing data remains protected.

4 Value beyond the Service Levels and Costs Financial benefits 30-50% cost savings Revenue acceleration through improved turnaround time Analytics to improve process outcomes Financial benefits Best-practice delivery environment Best-in-class certifications ISO 9001, ISO SSAE 16 Certified Quality Improvement Professional (CQIP) and Six Sigma Fully automated delivery environment Stronger governance through automated workflow, knowledge and extranet Productivity improvement toolkit Process automation Our value Global delivery Unparalleled expertise Largest offshore team of revenue cycle experts and certified coders Delivery centers in India, Philippines and the U.S. Value beyond the servicelevel agreement Institutionalized account practices Transition methodologies Continuous communication Focus on issue resolution Strong governance model Account Intellectual property and revenue cycle knowledge Intellectual property V-Code, Code Finder Coding training program Centricity experience 14+ years of experience and 300+ successful transitions Figure 3: Key features and benefits of Revenue Cycle Services As a trusted provider of revenue cycle solutions, NTT DATA delivers proven results to many provider organizations. Whatever the condition of your organization s revenue cycle, we provide you with benefits such as: Access to state-of-the-art revenue cycle technology for enhanced performance Long-term relationships that provide cost predictability, risk sharing and unmatched results Higher returns on investment resulting from one of the highest recovery rates in the industry Measurable and sustainable improvements using key revenue cycle performance indicators Customized solutions that combine onsite and offsite staff to ensure quick resolution and maximum cash recovery Proven computer conversion projects Utilization of best-practice processes and metrics for lasting improvements in revenue cycle performance We can begin any project rapidly to create your revenue cycle infrastructure and allow you to focus cash flow quickly. The net cash collection rate we provide to our clients is second to none. With a consistently high rate of resolution on receivables, our results speak for themselves. We also leave you with lasting business process improvements by offering best practices to identify and help resolve policy, procedure and system factors that can delay payments. In addition, our professional and streamlined processes help create more positive and effective payer/patient relations. 4

5 Conclusion Understanding the full scope of opportunities you have within your revenue cycle is key to determining the level of service you need. Get started with a revenue cycle performance review from NTT DATA, which provides an in-depth analysis of all facets of your business and can set you on the path to reducing costs and increasing cash flow. With our experience with end-to-end solutions, we can help with whatever you need from isolating and providing a detailed analysis of one phase of the revenue cycle, to analyzing the entire revenue cycle work stream which allows you to focus on delivering world-class healthcare. Visit nttdataservices.com to learn more. NTT DATA partners with clients to navigate and simplify the modern complexities of business and technology, delivering the insights, solutions and outcomes that matter most. We re a top 10 global IT services and consulting provider that wraps deep industry expertise around a comprehensive portfolio of infrastructure, applications and business process services NTT DATA, Inc. All rights reserved. March 2017 NTTD1162-revenue-cycle-mgmt-svcs-brochure.indd Rev. 1.0

Making the right choice: Evaluating outsourced revenue cycle services vendors

Making the right choice: Evaluating outsourced revenue cycle services vendors White Paper Making the right choice: Evaluating outsourced revenue cycle services vendors Optum www.optum.com Page 1 White Paper Managing resources at today s hospitals and health systems is an ongoing

More information

Ensuring a Near-Seamless Transition to a New Health Plan Platform

Ensuring a Near-Seamless Transition to a New Health Plan Platform Ensuring a Near-Seamless Transition to a New Health Plan Platform NTT DATA welcomed Dell Services into the family in 2016. Together, we offer one of the industry s most comprehensive services portfolios

More information

Transformational Data-Driven Solutions for Healthcare

Transformational Data-Driven Solutions for Healthcare Transformational Data-Driven Solutions for Healthcare Transformational Data-Driven Solutions for Healthcare Today s healthcare providers face increasing pressure to improve operational performance while

More information

Taking the Lead in Revenue Cycle Transformation

Taking the Lead in Revenue Cycle Transformation Taking the Lead in Revenue Cycle Transformation Kamron Lachney Vice President of RCM Operations, McKesson Change Healthcare August 29, 2017 Today s Speaker Kamron Lachney, MBA Vice President, Hospital

More information

Optimization: The Next Frontier

Optimization: The Next Frontier Optimization: The Next Frontier A White Paper Impact Advisors LLC January 2015 400 E. Diehl Road Suite 190 Naperville IL 60563 1 800 680 7570 Impact Advisors.com Table of Contents Introduction... 3 Optimization

More information

Optum Intelligent EDI. Achieve higher first-pass payment rates and help your organization get paid quickly and accurately.

Optum Intelligent EDI. Achieve higher first-pass payment rates and help your organization get paid quickly and accurately. Optum Intelligent EDI Achieve higher first-pass payment rates and help your organization get paid quickly and accurately. The new benchmark for EDI performance Health care has outgrown commoditized EDI,

More information

Informing Patient Responsibility Early in the Revenue Cycle

Informing Patient Responsibility Early in the Revenue Cycle Informing Patient Responsibility Early in the Revenue Cycle Andrew Frost, Product Manager Alyssa Igo, Solution Specialist Kim Lorusso, Product Marketing Manager 2011 General Electric Company All rights

More information

How to Measure Your Business Office s Knowledge Base

How to Measure Your Business Office s Knowledge Base How to Measure Your Business Office s Knowledge Base ICD-10 Preparedness Workshop Series Tuesday, April 2, 2013 John Behn MPA Executive Summary Chargemaster Front End Back End 2 Why Do We Need to Measure

More information

The Importance of Independent Quality Assurance for Patient Safety and Quality Care

The Importance of Independent Quality Assurance for Patient Safety and Quality Care The Importance of Independent Quality Assurance for Patient Safety and Quality Care NTT DATA welcomed Dell Services into the family in 2016. Together, we offer one of the industry s most comprehensive

More information

HIPAA: Overview and Impact On Revenue Cycle

HIPAA: Overview and Impact On Revenue Cycle HIPAA: Overview and Impact On Revenue Cycle Transaction Standards and Code Sets and Their Effect on the Revenue Cycle Lee Barrett, Director, Health Care Practice PricewaterhouseCoopers, LLP Lee.Barrett@us.pwcglobal.com

More information

Physician Practice ICD-10 Readiness Survey: Seven Key Survey Findings and Action Items June XX, 2013

Physician Practice ICD-10 Readiness Survey: Seven Key Survey Findings and Action Items June XX, 2013 Physician Practice ICD-10 Readiness Survey: Seven Key Survey Findings and Action Items June XX, 2013 Survey Background In the fourth quarter of 2013, Navicure commissioned Porter Research to conduct a

More information

Optimizing Revenue Cycle Management: A Case Study of Centricity Business at Saint Francis Health System

Optimizing Revenue Cycle Management: A Case Study of Centricity Business at Saint Francis Health System Optimizing Revenue Cycle Management: A Case Study of Centricity Business at Saint Francis Health System WHITE PAPER Sponsored by: GE Healthcare Global Headquarters: 5 Speen Street Framingham, MA 01701

More information

Medical Coding and Billing Pricing

Medical Coding and Billing Pricing Medical Coding and Billing Pricing AFFORDABLE BILLING CHARGES 1-888-571-9069 TOLL FREE: BillingParadise Revenue Cycle Masters It is Billingparadise s belief that a straightforward and transparent Pricing

More information

Welcome to Harvard Pilgrim

Welcome to Harvard Pilgrim Welcome to Harvard Pilgrim Objectives At the close of this session, you should Be able to locate and use information about Harvard Pilgrim s diverse product portfolio Understand Harvard Pilgrim s administrative

More information

A High-Touch Approach to Improving Patient Access. Using field support to navigate reimbursement challenges

A High-Touch Approach to Improving Patient Access. Using field support to navigate reimbursement challenges A High-Touch Approach to Improving Patient Access Using field support to navigate reimbursement challenges For the brand and reimbursement teams who must develop commercial strategies for the biopharmaceutical

More information

EDI Solutions Your guide to getting started -- and ensuring smooth transactions anthem.com/edi

EDI Solutions Your guide to getting started -- and ensuring smooth transactions anthem.com/edi EDI Solutions Your guide to getting started -- and ensuring smooth transactions anthem.com/edi 00175CAPEN (12/11) This brochure is a helpful EDI reference for both new and experienced electronic submitters.

More information

with In nx Partnership nxinc.com

with In nx Partnership  nxinc.com Accounts Receivables with In nx Partnership Best Practices www.innxinc.com T a of OVERVIEW A lot of money left on the table uncollected VALUE OFFSHORE PARTNERS Getting your piece of the money pie b L e

More information

Pam Petz, Vice President Optum360 Commercial Coding Division Cyndi Thomas, Vice President Optum360 HIM Solutions

Pam Petz, Vice President Optum360 Commercial Coding Division Cyndi Thomas, Vice President Optum360 HIM Solutions Pam Petz, Vice President Optum360 Commercial Coding Division Cyndi Thomas, Vice President Optum360 HIM Solutions Our approach Coding Auditing Coder Knowledge 30 years of service 2.7M encounters coded thru

More information

Managing Denials: Covering all the Bases

Managing Denials: Covering all the Bases www.pwc.com Managing Denials: Covering all the Bases HFMA 2017 Texas State Conference March 26 th, 2017 Presenting Today Jon Souder Director, Revenue Performance Management Jon is a Director in s Health

More information

TOTAL PAYER PAYMENT SOLUTION

TOTAL PAYER PAYMENT SOLUTION TOTAL PAYER PAYMENT SOLUTION A SINGLE ANSWER TO STREAMLINING YOUR ENTIRE PAYER PAYMENT PROCESS. www.zirmed.com 877.494.1032 NEW PAYMENT MODELS MAKE AN ALREADY COMPLEX PROCESS MORE CHALLENGING. The answer

More information

Revenue Cycle Management. Yes No Comments

Revenue Cycle Management. Yes No Comments Revenue Cycle Management Billing Requirement 1) Provide a flexible schedule for the generation of patient bills based on patient type and payer/payer healthplan or medical service. 2) Provide for several

More information

Revenue Mitigation Strategies Offsetting The Financial Impact Of ICD-10

Revenue Mitigation Strategies Offsetting The Financial Impact Of ICD-10 Revenue Mitigation Strategies Offsetting The Financial Impact Of ICD-10 January 23, 2014 What the industry is saying about the Transition to ICD-10 Staff alignment between business and IT is critical to

More information

Chiropractic Billing

Chiropractic Billing Chiropractic Billing How To Gain A Competitive Advantage In This Challenging Reimbursement Environment Welcome to CloudChiro! We ve been working with over 500 chiropractic offices over the years, and we

More information

Experience the commitment. CGI Exploration2Revenue TM Business Suite. Optimize your upstream back office

Experience the commitment. CGI Exploration2Revenue TM Business Suite. Optimize your upstream back office Experience the commitment CGI Exploration2Revenue TM Business Suite Optimize your upstream back office Delivering a competitive edge Today s oil and gas companies are challenged to lower the costs of running

More information

RECEIVABLES360 INTEGRATED RECEIVABLES FOR CORPORATIONS

RECEIVABLES360 INTEGRATED RECEIVABLES FOR CORPORATIONS INTEGRATED RECEIVABLES FOR CORPORATIONS ACCELERATE WORKING CAPITAL AND BETTER MANAGE LIQUIDITY WITH STRAIGHT-THROUGH PROCESSING ACROSS ALL PAYMENT CHANNELS. PAYMENT AGGREGATION EPBB Internet Cash PAYMENT

More information

About Us Advantages Contact us. Benchmark Billing Solutions

About Us Advantages Contact us. Benchmark Billing Solutions Benchmark Billing Solutions About Us Advantages Contact us Our Vision Our Clients Our Services About Us Benchmark Billing Solutions is a Delaware based LLC with rich relationships in the US. Organizational

More information

Healthcare Payment & Remittance Medical Banking - Best Practices. Art Conklin, Director of FirstProxy and Electronic Payment Services

Healthcare Payment & Remittance Medical Banking - Best Practices. Art Conklin, Director of FirstProxy and Electronic Payment Services Healthcare Payment & Remittance Medical Banking - Best Practices Art Conklin, Director of FirstProxy and Electronic Payment Services Electronic Healthcare Payment Session Objectives Overview of medical

More information

Kareo Managed Billing Service

Kareo Managed Billing Service Kareo Managed Billing Service 2017-2018 This document is intended to outline what you can expect from Kareo, and what Kareo expects from you (at a detailed level) as part of the Kareo Managed Billing Service.

More information

Why ChartLogic Medical Billing Services?

Why ChartLogic Medical Billing Services? OVERVIEW GUIDE Why ChartLogic Medical Billing Services? The differentiators and benefits of choosing ChartLogic as your billing partner. Beyond Standard eeligibility There is more to the story for eeligibility

More information

Insurance Outsourcing Services

Insurance Outsourcing Services BUSINESS PROCESS OUTSOURCING INSURANCE Insurance Outsourcing Services Delivering Measurable Results 2 Introduction Insurers want to keep pace with emerging industry trends and adapt quickly to new market

More information

using data analytics to identify revenue at risk

using data analytics to identify revenue at risk FEATURE STORY REPRINT September 2013 Courtney Thayer Jerry Bruno Mary Beth Remorenko healthcare financial management association hfma.org using data analytics to identify revenue at risk Predictive and

More information

Electronic Payments & Statements (EPS) Frequently Asked Questions (FAQs)

Electronic Payments & Statements (EPS) Frequently Asked Questions (FAQs) Electronic Payments & Statements (EPS) Frequently Asked Questions (FAQs) Note: EPS features contained within these FAQs may not be applicable to all Payers. General Questions 1. What is Electronic Payments

More information

Medical Practice Billing Analysis

Medical Practice Billing Analysis Internal vs. Outsourced Medical Practice Billing Analysis A Cost Comparison of In-House Billing vs. Outsourcing ABOUT THE AUTHOR Keith is the Director of Business Development at GroupOne Health Source.

More information

IT S TIME! PRIMARIS OPERATIONAL EFFICIENCY SOLUTION. Using Lean Thinking to Save Time & Money. Benefits of Operational Efficiency. Why Primaris?

IT S TIME! PRIMARIS OPERATIONAL EFFICIENCY SOLUTION. Using Lean Thinking to Save Time & Money. Benefits of Operational Efficiency. Why Primaris? IT S TIME! PRIMARIS OPERATIONAL EFFICIENCY SOLUTION Using Lean Thinking to Save Time & Money Healthcare executives are well aware that both government agencies and private insurers are moving away from

More information

How can regulatory affairs drive greater value for the patient and for the business?

How can regulatory affairs drive greater value for the patient and for the business? How can regulatory affairs drive greater value for the patient and for the business? Exploring the key considerations How do you combat the rising costs of regulatory affairs? What s the best operating

More information

Future of Revenue Cycle: Hospital and Physician Collaboration. Rosemary R. Sheehan, Vice President Revenue Cycle Operations March 7, 2017

Future of Revenue Cycle: Hospital and Physician Collaboration. Rosemary R. Sheehan, Vice President Revenue Cycle Operations March 7, 2017 Future of Revenue Cycle: Hospital and Physician Collaboration Rosemary R. Sheehan, Vice President Revenue Cycle Operations March 7, 2017 Agenda 1. Partners HealthCare at a Glance 2. Current State Revenue

More information

Oregon Health & Science University: Revising Revenue Cycle Processes to Prevent Avoidable Denials and Increase Revenue

Oregon Health & Science University: Revising Revenue Cycle Processes to Prevent Avoidable Denials and Increase Revenue Oregon Health & Science University: Revising Revenue Cycle Processes to Prevent Avoidable Denials and Increase Revenue Diana Gernhart, SVP Hospital Chief Financial Officer, OHSU Sondra Cari, Senior Director,

More information

Computer-Assisted Coding Solutions

Computer-Assisted Coding Solutions Dictation, Transcription, Speech Recognition, Computer-Assisted Coding & CDI Solutions Computer-Assisted Coding Solutions Fusion CAC provides a path to better documentation and expert coding for smart

More information

Revenue Cycle Management: A Life Cycle Approach for Performance Measurement and System Justification

Revenue Cycle Management: A Life Cycle Approach for Performance Measurement and System Justification Revenue Cycle Management: A Life Cycle Approach for Performance Measurement and System Justification 2009-2010 HIMSS Financial Systems Revenue Cycle Task Force May 2010 2010 Healthcare Information and

More information

Advanced Claim Management for GE Customers. Cathrina Caldwell, CPC, CPC-H Director, Sales Product Consulting

Advanced Claim Management for GE Customers. Cathrina Caldwell, CPC, CPC-H Director, Sales Product Consulting Advanced Claim Management for GE Customers Cathrina Caldwell, CPC, CPC-H Director, Sales Product Consulting Agenda Optum Overview Traditional hospital claim workflow A better way Claims Manager Facility

More information

R1 to Acquire Intermedix and Selected as RCM Services Provider for Ascension Physician Business

R1 to Acquire Intermedix and Selected as RCM Services Provider for Ascension Physician Business R1 to Acquire Intermedix and Selected as RCM Services Provider for Ascension Physician Business Investor Presentation February 26, 2018 Forward-Looking Statements and Non-GAAP Financial Measures This presentation

More information

PPACA & Self-Pay: Taking a Customer- Centered Approach to Maximizing Patient Collections

PPACA & Self-Pay: Taking a Customer- Centered Approach to Maximizing Patient Collections PPACA & Self-Pay: Taking a Customer- Centered Approach to Maximizing Patient Collections Rhonda Ridenour Director of Patient Financial Services Avita Health System Speaker Rhonda Ridenour Rhonda Ridenour,

More information

ICD- 10 Migration.

ICD- 10 Migration. ICD- 10 Migration www.apexonhealth.com Overview ICD-10 compliance is looming over all HIPAA-covered entities. By October 01, 2015, these entities need to adopt the 10th revision of the International Classification

More information

Transactional Document Solutions Integrated solutions for business-critical communications

Transactional Document Solutions Integrated solutions for business-critical communications Transactional Document Solutions Integrated solutions for business-critical communications Financial Services Outsourcing Rely on a trusted leader to maximize your investment in communication services.

More information

Dermatology-specific EMR & Practice Management. NexCloud Maximize Practice Workflow and Patient Volume

Dermatology-specific EMR & Practice Management. NexCloud Maximize Practice Workflow and Patient Volume Dermatology-specific EMR & Practice Management NexCloud Maximize Practice Workflow and Patient Volume EXPERIENCE THE DIFFERENCE A Fully Integrated Solution Can Make in Your Practice I love that Nextech

More information

Transforming Healthcare Communications

Transforming Healthcare Communications Transforming Healthcare Communications An Expense Reduction Strategy and New Business Model Healthcare Communication Services Business Brief For healthcare payers, outbound constituent communications (checks,

More information

Hospital Radiology Management Overview

Hospital Radiology Management Overview Hospital Radiology Management Overview 2018 About MedQuest Comprehensive radiology management services that increase revenue, optimize operations and enhance quality, safety and the patient experience

More information

Build a Future-Ready Enterprise With NTT DATA Modernization Services

Build a Future-Ready Enterprise With NTT DATA Modernization Services NTT DATA welcomed Dell Services into the family in 2016. Together, we offer one of the industry s most comprehensive services portfolios designed to modernize business and technology to deliver the outcomes

More information

Travel Services. When your business runs smoothly, you ll gain travelers loyalty.

Travel Services. When your business runs smoothly, you ll gain travelers loyalty. Travel Services When your business runs smoothly, you ll gain travelers loyalty. From frequent traveler programs to ticketing and reservations, we manage back-end processes so you can grow customer relationships.

More information

Denials Management Using Optimum RCM and Best Practices Ken Miller, Senior Managing Consultant, NTT DATA

Denials Management Using Optimum RCM and Best Practices Ken Miller, Senior Managing Consultant, NTT DATA Denials Management Using Optimum RCM and Best Practices Ken Miller, Senior Managing Consultant, NTT DATA 09/11/2016 Date of Presentation 2016 NTT DATA Client Conference Copyright 2016 NTT DATA Corporation

More information

RescueNet Billing. Next-Generation Automated Billing and Collections. A ZOLL Preferred Billing Partner

RescueNet Billing. Next-Generation Automated Billing and Collections. A ZOLL Preferred Billing Partner RescueNet Billing Next-Generation Automated Billing and Collections A ZOLL Preferred Billing Partner Work Smarter with Intelligent Workflow RescueNet Billing automates the billing process so you can get

More information

Intermountain Healthcare

Intermountain Healthcare Case Studies in Transaction and Code Sets Implementation and Compliance Intermountain Healthcare Jim Whicker, CPAM Director of EDI Revenue Cycle Organization Intermountain Healthcare Expected Major Provider

More information

TO HIRE. or Not to Hire a Billing Service. kareo.com

TO HIRE. or Not to Hire a Billing Service. kareo.com TO HIRE or Not to Hire a Billing Service kareo.com Table of Contents FIRST, ASSESS YOUR PRACTICE 05 OUTSOURCING YOUR BILLING OPERATIONS 06 KEEPING YOUR BILLING OPERATIONS IN-HOUSE 07 STILL UNDECIDED? 08

More information

Presenter(s): Jackie Lopez George Hurgeton Kyle Evans. Topic Real Time Services - Best Practices, Troubleshooting and The Future of RTS Level 200

Presenter(s): Jackie Lopez George Hurgeton Kyle Evans. Topic Real Time Services - Best Practices, Troubleshooting and The Future of RTS Level 200 Presenter(s): Jackie Lopez George Hurgeton Kyle Evans Topic Real Time Services - Best Practices, Troubleshooting and The Future of RTS Level 200 Safe Harbor Provisions/Legal Disclaimer This presentation

More information

1/17/2014. Objectives. What is a chart audit? Audits are like mountain biking you must have the right tools to have a successful ride!

1/17/2014. Objectives. What is a chart audit? Audits are like mountain biking you must have the right tools to have a successful ride! Audits are like mountain biking you must have the right tools to have a successful ride! 1 Objectives 1. Understand benefits of a chart audit 2. Gain understanding of types of audits 3. Learn of effective

More information

Business Transformation for Billing Entrepreneurs

Business Transformation for Billing Entrepreneurs Business Transformation for Billing Entrepreneurs About the Client Critical Issues Results Quick Facts About the Client A mid-sized Billing Company based out of Columbus, Ohio. They currently service multiple

More information

Get Exactly What You Want from Your Next Contract

Get Exactly What You Want from Your Next Contract Payment Integrity Compass Get Exactly What You Want from Your Next Contract Your Payer Negotiations Toolkit In this toolkit, you will learn: Best practice internal communication strategies How to organize

More information

Shared Services in the Financial Services Industry: An Operating Model to Reach Strategic Goals

Shared Services in the Financial Services Industry: An Operating Model to Reach Strategic Goals Shared Services in the Financial Services Industry: An Operating Model to Reach Strategic Goals Financial institutions have sought to enhance back- and middle office operations to deliver sustainable cost

More information

Accenture Profit Recovery and Analytics

Accenture Profit Recovery and Analytics Business Process Outsourcing Accenture Profit Recovery and Analytics Delivering High Performance through Profit Recovery Accenture: Delivering high performance through profit recovery Are you leaving money

More information

MDM offers healthcare organizations an agile, affordable solution To deliver high quality patient care and better outcomes

MDM offers healthcare organizations an agile, affordable solution To deliver high quality patient care and better outcomes MDM offers healthcare organizations an agile, affordable solution To deliver high quality patient care and better outcomes Many healthcare organizations are struggling with rising costs and inconsistent

More information

Middle East Delivering Expertise Since 1978

Middle East Delivering Expertise Since 1978 Middle East Delivering Expertise Since 1978 Global Construction Consultancy ABOUT US We have excelled at providing construction and engineering focused services since 1978. Our Project Management, Programming,

More information

REMOTE LOCKBOX DELIVERS FLEXIBLE LOCKBOX PROCESSING OPTIONS FOR FINANCIAL INSTITUTIONS

REMOTE LOCKBOX DELIVERS FLEXIBLE LOCKBOX PROCESSING OPTIONS FOR FINANCIAL INSTITUTIONS REMOTE LOCKBOX DELIVERS FLEXIBLE LOCKBOX PROCESSING OPTIONS FOR FINANCIAL INSTITUTIONS EXECUTIVE SUMMARY Traditionally, lockbox payment processing has been an overhead-intensive affair. The high fixed

More information

Oklahoma Health Care Authority

Oklahoma Health Care Authority Oklahoma Health Care Authority Recovery Audit Contract Provider Outreach & Education Presentation October 22, 2013 1 Agenda Introductions HMS Overview Medicaid RAC Review Process Provider Outreach & Education

More information

How Information Transformation Drives Healthcare Performance

How Information Transformation Drives Healthcare Performance perspective How Information Transformation Drives Healthcare Performance Abstract Healthcare delivery in the US is experiencing tectonic change and has rapidly moved towards a Consumer-centric, market-driven

More information

EDI Solutions Your guide to getting started -- and ensuring smooth transactions anthem.com/edi

EDI Solutions Your guide to getting started -- and ensuring smooth transactions anthem.com/edi EDI Solutions Your guide to getting started -- and ensuring smooth transactions anthem.com/edi 00175LNPEN (04/12) This brochure is a helpful EDI reference for both new and experienced electronic submitters.

More information

POWERFUL INTUITIVE RESPONSIVE

POWERFUL INTUITIVE RESPONSIVE POWERFUL INTUITIVE RESPONSIVE The Australian EMR specialist Proud creators of The leading Australian EMR specialist Core Medical Solutions is a leading provider of Electronic Medical Records (EMR) solutions

More information

Optum Performance Analytics

Optum Performance Analytics Optum Performance Analytics A unified health care data and analytics platform Photo to come Optum Performance Analytics Position your organization for success with Optum Performance Analytics Dynamic health

More information

The Importance of Independent Quality Assurance for Patient Safety and Quality Care

The Importance of Independent Quality Assurance for Patient Safety and Quality Care The Importance of Independent Quality Assurance for Patient Safety and Quality Care January 2016 Independent quality assurance (iqa) testing is vital to the successful development and deployment of applications

More information

Using Performance Improvement Strategies to Improve Financial Indicators December 20, 2017

Using Performance Improvement Strategies to Improve Financial Indicators December 20, 2017 Using Performance Improvement Strategies to Improve Financial Indicators December 20, 2017 Provided by the Iowa Department of Public Health and HomeTown Health through the HRSA Critical Access Hospital

More information

Legacy Health Data Management, an Overview of Data Archiving & System Decommissioning with Rick Adams

Legacy Health Data Management, an Overview of Data Archiving & System Decommissioning with Rick Adams Legacy Health Data Management, an Overview of Data Archiving & System Decommissioning with Rick Adams Rick Adams is the co-founder and Managing Partner of Harmony Healthcare IT. He has 22 years of healthcare

More information

Healthcare Expertise for Your Business

Healthcare Expertise for Your Business Healthcare Expertise for Your Business The Premier Bank Serving Healthcare Businesses in Texas Texas Capital Bank specializes in serving the diverse and complex needs of the rapidly changing healthcare

More information

Acro Service Corporation Vendor Management Systems (VMS) and Managed Service Providers (MSP) Services

Acro Service Corporation Vendor Management Systems (VMS) and Managed Service Providers (MSP) Services Vendor Management Systems (VMS) and Managed Service Providers (MSP) Services Management of VMS/MSP Service Programs Acro manages some of the nation s largest companies under our VMS/MSP model in industries

More information

Techniques to Effectively Manage Accounts Receivable Kirk Fahlberg Unlimited Systems Twitter

Techniques to Effectively Manage Accounts Receivable Kirk Fahlberg Unlimited Systems Twitter Techniques to Effectively Manage Accounts Receivable Kirk Fahlberg Unlimited Systems Twitter = @kirkfahlberg Learn how to efficiently & effectively manage Accounts Receivable in Centricity. Purpose Increase

More information

ATHENS COUNTY EMERGENCY MEDICAL SERVICES

ATHENS COUNTY EMERGENCY MEDICAL SERVICES ATHENS COUNTY EMERGENCY MEDICAL SERVICES RFP NO. 18-001 Athens County Emergency Medical Services PO Box 310 Athens, Ohio 45701-0310 RFP Due Date: February 28, 2018 Athens County Emergency Medical Services

More information

Making the Case for a New Approach to Managing Quality and Risk: Intelligence Automation in the Ambulatory Care Setting

Making the Case for a New Approach to Managing Quality and Risk: Intelligence Automation in the Ambulatory Care Setting Making the Case for a New Approach to Managing Quality and Risk: Intelligence Automation in the Ambulatory Care Setting Tuesday, January 30, 2018 12:00-1:00 PM CT Jeremiah M. Rothschild, PMP Sr. Director

More information

Trinity Health achieves significant operational efficiency and financial gains with Optum Enterprise CAC

Trinity Health achieves significant operational efficiency and financial gains with Optum Enterprise CAC Trinity Health achieves significant operational efficiency and financial gains with Optum Enterprise CAC Considered the region s premier health system, Trinity Health is a nonprofit, integrated organization

More information

Sample Case Studies. i2c world Inc. 59, West 37 th Street, New York, NY Phone: Fax:

Sample Case Studies. i2c world Inc.  59, West 37 th Street, New York, NY Phone: Fax: Sample Case Studies i2c world Inc. 59, West 37 th Street, New York, NY 10018. Phone: 1-800-705-6163 Fax: 1-800-715-0936 www.i2cworld.com Case 1: Software Expertise +Dr. Bacil Lloyd* is using xyz+ software

More information

Getting Ahead of Competition: Maximizing SEPA Benefits Through OTC Transformation

Getting Ahead of Competition: Maximizing SEPA Benefits Through OTC Transformation FINANCE AND ACCOUNTING Getting Ahead of Competition: Maximizing SEPA Benefits Through OTC Transformation Prakash Hariharan Vice President, Order To Cash Solutions, Genpact The introduction of Single European

More information

Achieving Healthcare Interoperability in the Cloud with WebSphere ESB

Achieving Healthcare Interoperability in the Cloud with WebSphere ESB Achieving Healthcare Interoperability in the Cloud with WebSphere ESB Ajay Asthana Business Solution Architect, Business Performance and Service Optimization Group IBM software division Tom Fausel Chief

More information

Partnering for Business Value

Partnering for Business Value Partnering for Business Value Explore how Capgemini and Pegasystems have helped our clients transform customer relationships, reach new levels of agility, dramatically improve productivity, and generate

More information

Performance Benchmarking Toolkit for Health Centers: Tracking Data to Improve Financial Performance

Performance Benchmarking Toolkit for Health Centers: Tracking Data to Improve Financial Performance Performance Benchmarking Toolkit for Health Centers: Tracking Data to Improve Financial Performance Health Center Financial Performance Analytics The implementation of healthcare reform produces a heightened

More information

APIXIO HCC PROFILER Reimagining Risk Adjustment

APIXIO HCC PROFILER Reimagining Risk Adjustment APIXIO HCC PROFILER Reimagining Risk Adjustment Traditional Risk Adjustment Methods Aren t Enough Traditionally, risk adjustment has used manual, low-tech methods of identifying, obtaining, and individually

More information

JOB DESCRIPTION. 2. Serves as the practice expert and go to person for all coding and billing processes.

JOB DESCRIPTION. 2. Serves as the practice expert and go to person for all coding and billing processes. JOB DESCRIPTION POSITION TITLE : Medical Biller/Coder REPORTS TO: Chief Financial Officer HOURS: Full Time FLSA: Non-Exempt Summary Position responsible for coordinating the overall functions of the medical

More information

THE FUTURE OF THE REVENUE CYCLE. A survey of provider executives about the next generation of revenue cycle management

THE FUTURE OF THE REVENUE CYCLE. A survey of provider executives about the next generation of revenue cycle management THE FUTURE OF THE REVENUE CYCLE A survey of provider executives about the next generation of revenue cycle management OVERVIEW 1 Survey At-a-Glance 2 RCM Technology Trends/EHRs 3 4 Revenue Integrity Trends

More information

THE ESSENTIAL ELEMENT of a

THE ESSENTIAL ELEMENT of a THE ESSENTIAL ELEMENT of a Successful Laboratory LabDAQ Laboratory Information System (LIS) is a scalable SOLUTION trusted by thousands of physicians and laboratory professionals every day. Experience

More information

Revenue Cycle Management (RCM) Outsourcing Annual Report 2016: Growth on the Back of Declining Provider Margins

Revenue Cycle Management (RCM) Outsourcing Annual Report 2016: Growth on the Back of Declining Provider Margins Revenue Cycle Management (RCM) Outsourcing Annual Report 2016: Growth on the Back of Declining Provider Margins Healthcare and Life Sciences (HLS) BPS Annual Report December 2016 Preview Deck Our research

More information

THE RESOURCE MANAGEMENT SERIES. Resource Management Trends Agencies Can't Afford to Miss

THE RESOURCE MANAGEMENT SERIES. Resource Management Trends Agencies Can't Afford to Miss THE RESOURCE MANAGEMENT SERIES Resource Management Trends Agencies Can't Afford to Miss Table of Contents 3 Introduction 4 4 Steps to Improve Your Utilization Rates 7 Get the Most Value from Your People

More information

2014 BUYER S RESOURCE GUIDE EARLY BIRD LISTING PACKAGE DESCRIPTIONS

2014 BUYER S RESOURCE GUIDE EARLY BIRD LISTING PACKAGE DESCRIPTIONS 2014 BUYER S RESOURCE GUIDE EARLY BIRD LISTING PACKAGE DESCRIPTIONS PACKAGE INCLUDES DELUXE 6,000 ELITE 1,935 PREMIUM 995 STANDARD 500 BASIC FREE* PRINT ONLINE VIRTUAL CONFERENCE Company name, street address,

More information

Director of Enterprise Information Management BENEFITS CASE STUDY GLOBAL COMMUNICATIONS LEADER DATA QUALITY PROGRAM CUSTOMER PROFILE.

Director of Enterprise Information Management BENEFITS CASE STUDY GLOBAL COMMUNICATIONS LEADER DATA QUALITY PROGRAM CUSTOMER PROFILE. CUSTOMER PROFILE Industry: Employees: > 50,000 Revenue: Strategy: High Technology/ Telecommunications > US$29 Billion Create a corporatewide standard for managing data quality, including information management

More information

Policy Administration Transformation

Policy Administration Transformation Financial Services the way we do it Policy Administration Transformation Helping insurers capture dramatic improvements in time-to-market, product or price leadership and operational excellence The insurance

More information

Case Study on End to End RCM Process Management

Case Study on End to End RCM Process Management Case Study on End to End RCM Process Management Implementing End-to-End RCM Solutions : A Case Study This case study elaborates on our capabilities, skill sets, and operational methodologies that have

More information

Performance Benchmarking Toolkit for California Health Centers: Tracking Data to Improve Financial Performance

Performance Benchmarking Toolkit for California Health Centers: Tracking Data to Improve Financial Performance Performance Benchmarking Toolkit for California Health Centers: Tracking Data to Improve Financial Performance Prepared by Sponsored by Blue Shield of California Foundation Health Center Financial Performance

More information

The Path to Clinical Enterprise Maturity DEVELOPING A CLINICALLY INTEGRATED NETWORK

The Path to Clinical Enterprise Maturity DEVELOPING A CLINICALLY INTEGRATED NETWORK The Path to Clinical Enterprise Maturity DEVELOPING A CLINICALLY INTEGRATED NETWORK dhgllp.com/healthcare Kevin Locke PRINCIPAL Kevin.Locke@dhgllp.com 330.606.4699 Michael Strilesky SENIOR MANAGER Michael.Strilesky@dhgllp.com

More information

EVALUATING RCM COMPANIES

EVALUATING RCM COMPANIES A Guide to EVALUATING RCM COMPANIES 10 Things to Consider When Researching RCM Companies ABOUT THE AUTHOR As CEO of GroupOne, Arun oversees the delivery of services to more than 700+ healthcare providers.

More information

E-BOOK. Automated Treasury Onboarding: Can you afford to wait?

E-BOOK. Automated Treasury Onboarding: Can you afford to wait? E-BOOK Automated Treasury Onboarding: Can you afford to wait? For years, the financial services industry has taken a conservative approach to transformation, particularly when it comes to streamlining

More information

Preparing For & Managing a RADV Audit

Preparing For & Managing a RADV Audit Preparing For & Managing a RADV Audit Session 607 Dennis P.H. Mihale, MD, MBA Scott Weiner, CMA, CFM, MBA Agenda Assessing Your Risk CMS RADV Process Health Plan Process Preparation Execution Mock Audit

More information

Tuning your Practice s Business Process and Performance Illinois/Chicago Ophthalmology, March 2014

Tuning your Practice s Business Process and Performance Illinois/Chicago Ophthalmology, March 2014 Tuning up your Practice Managing Billing & Collections Performance for a Healthier Practice Identifying and patching common holes in the billing and collections process Ron Rosenberg, P.A., M.P.H. Practice

More information

GET MORE PAYMENTS WITH ACI VIRTUAL COLLECTION AGENT

GET MORE PAYMENTS WITH ACI VIRTUAL COLLECTION AGENT FEATURES AT A GLANCE EFFECTIVE Emulates the interactions of your best collection agent Strategy Manager lets you build and adapt collection strategies, based on rule sets and consumer information Live

More information

sure every construction worker has the right to work in the UK?

sure every construction worker has the right to work in the UK? 1 Cloud-based technology from AVERT Solutions Compliance CIS Invoicing & Tax Software specifically designed for businesses that provides CIS invoicing & tax services Welcome to AVERT CIS Invoicing (AVERT)

More information