Revenue Cycle Management: How Hospital-based Physicians Can Enhance Their Revenue Capture - PowerPoint PPT Presentation

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Revenue Cycle Management: How Hospital-based Physicians Can Enhance Their Revenue Capture

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Hospital-based physicians encounter several challenges with revenue cycle management not typically experienced by office-based physicians. In addition, physician billing has been a major topic for physicians in outpatient settings. But, the hospital-based physician billing discussions have not been as pervasive. Learn more about Revenue Cycle Management by visiting . – PowerPoint PPT presentation

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Updated: 10 January 2013
Slides: 11
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Title: Revenue Cycle Management: How Hospital-based Physicians Can Enhance Their Revenue Capture


1
Revenue Cycle Management

How Hospital-based Physicians Can Enhance Their
Revenue Capture
2
Revenue Cycle Management
S T R O N G
  • Hospital-based physicians encounter challenger
    with revenue cycle management not experienced by
    office-based physicians
  • Integration with the hospital patient accounting
    systems can create issues resulting in lost
    revenue

S T A B L E
S T R A T E G I C
3
Revenue Cycle Management
S T R O N G
  • Hospital-based physicians are anesthesiologists,
    emergency physicians, hospitalists, radiologist,
    pathologists, neonatologist and others who treat
    patients in inpatient setting
  • For billing purposes, they often use a remotely
    located billing staff or outsourced company

S T A B L E
S T R A T E G I C
4
Revenue Cycle Management
S T R O N G
  • Revenue Cycle Management Challenges for
    Hospital-Based Physicians
  • These physicians use hospitals computer systems
    and if they work in more than one hospital, they
    use different systems
  • The disparate IT systems can increase complexity
    and make regular cycle management difficult

S T A B L E
S T R A T E G I C
5
Revenue Cycle Management
S T R O N G
  • Revenue Cycle Management Challenges for
    Hospital-Based Physicians
  • Hospital IT systems geared towards enhancing
    hospital revenue, not professional fees for
    physicians
  • Paper based physicians documentation are more
    time-intensive to manage and more prone to errors

S T A B L E
S T R A T E G I C
6
Revenue Cycle Management
S T R O N G
  • How to Improve Revenue Cycle Management for
    Hospital-Based Physicians
  • Fee coding should be done electronically to
    enhance revenue cycle management reduce risk of
    lost revenue make charges for professional fees
    are more accurate slashes time between incurring
    the charge and billing prepares physicians for
    ICD-10 coding

S T A B L E
S T R A T E G I C
7
Revenue Cycle Management
S T R O N G
  • How to Improve Revenue Cycle Management for
    Hospital-Based Physicians
  • Use services of experienced healthcare consultant
    to improve processes help transition from paper
    documentation to electronic health records
  • Healthcare solutions providers shorten revenue
    cycle by developing systems to electronically
    capture codes and pass data to physicians billing
    systems

S T A B L E
S T R A T E G I C
8
Revenue Cycle Management
S T R O N G
  • How to Improve Revenue Cycle Management for
    Hospital-Based Physicians
  • Pyramid Health Solutions is expert in delivering
    revenue cycle management services including
    credentialed coding staffing, auditing and A/R
    management
  • Pyramid Health Solutions uses remote coding
    resources and secure internet technology. All
    services maximize worflow, productivity, improve
    revenue, realize cost savings and increase
    compliance

S T A B L E
S T R A T E G I C
9
Revenue Cycle Management
S T R O N G
  • About the Author
  • Nav Ranajee is VP of Sales and Marketing for
    Pyramid Health Solutions, a provider of complete
    revenue cycle services.
  • Learn more about Revenue Cycle Management by
    visiting http//www.pyramidhs.com/.

S T A B L E
S T R A T E G I C
10
THANK YOU
STRONG
STABLE
STRATEGIC
Trusted Revenue Cycle Partner Since 1985
800.927.8435 Email info_at_pyramidhs.com
Website www.pyramidhs.com
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