SlideShare a Scribd company logo
1 of 1
Download to read offline
33060_PatientAccess_WesternRegional
PAYMENT NAVIGATION COMPASS
Western Regional Healthcare*
163 Beds | Western United States
Located in the western United States, Western Regional caters to seasonal visitors and a large
local under-insured and self-pay population. Due to this patient mix, revenue cycle leaders
identified the need to act early to prevent the loss of dollars downstream in the billing process for
all self-pay patients.
CHALLENGE
How do we build a patient-centered
collections process?
Additional revenue over baseline
collected at POS in 2015
$1.12M
Value of charity care
in FY 2016
Reduced self-pay;
Bad debt over two years
$8.1M 40%
Results
Self-Pay Bad Debt Dollars by Quarter
2014–2016
Collection Dollars
FY 2016
RESULTS
36.6%
35.4%
Two-year increase in
presumptive charity
write-offs
Year-over-year increase
in patient payments with
prompt-pay discount
Q1
'14
Q3
'14
Q1
'15
Q3
'15
Q1
'16
Q3
'16
Mar May Jul Sep Nov Jan
Ski Season
End
Summer
High
Ski Season
Start
* Western Regional Medical Center is a pseudonym for a member hospital.
PROCESS
Patient Eligibility
and Estimate Data
Western worked with their Dedicated Advisor to build a pre-registration room where scheduling
information, which is integrated with PayNav and updated in real time, is displayed on a large screen.
Patients speak to representatives who work accounts, confirm eligibility, and provide estimates.
Patient Financial
Data Empowers
Financial Counselor
Front-office counselors review scheduled patients’ financial history to evaluate how often their accounts
have gone to bad debt or been paid off. Additionally they check patients’ federal poverty level. With
this data, the counselor decides how to assist the patient, including locating coverage or providing an
application for charity care.
Charity Policy
Allows for Billing
Office Write-Offs
In the billing office, representatives attempt to complete patient charity applications by reaching out to
guarantors for confirming documentation. Unresponsive patients with balances under $2,000 can be
written off as charity should they qualify using Self-Pay Compass data.
SOLUTION
Patient Dollars
a Risky, Growing
Share of Payer Mix
With their unique patient mix, Western needed to meet patients where they were. Rural land owners
and foreign visitors could be tricky to track down once they left the facility. Contacting patients
for financial conversations at home in advance or at the point of service allows for more open
conversations around payment options and provides a better picture of each patient situation.
Pre-registration BillingPoint of Service Charity
Patients contacted for eligibility and
estimate information with Payment
Navigation Compass (PayNav)
Scheduled patients
screened for financial aid
using Self-Pay Compass
Patients can choose to pay
via phone or at POS with
prompt-pay discount
Patients are enrolled in coverage or
provided charity application in line
with financial assistance policy
For patients with balance under $2K,
presumptive charity can be applied
using Self-Pay Compass data
Patients contacted to confirm
financial position; qualifying
patients receive financial aid

More Related Content

What's hot

Fixing Credit Report Errors
Fixing Credit Report Errors  Fixing Credit Report Errors
Fixing Credit Report Errors jprichard39
 
Boosting patient responsibility collection
Boosting patient responsibility collectionBoosting patient responsibility collection
Boosting patient responsibility collectionalicecarlos1
 
City Council March 22 - Uninsured visits city clinic
City Council March 22 - Uninsured visits city clinicCity Council March 22 - Uninsured visits city clinic
City Council March 22 - Uninsured visits city clinicCity of San Angelo Texas
 
Blood camp organizer
Blood camp organizerBlood camp organizer
Blood camp organizerShree Birla
 
Resume - Medical Assistant&Phlebotomist
Resume - Medical Assistant&PhlebotomistResume - Medical Assistant&Phlebotomist
Resume - Medical Assistant&PhlebotomistDallas Varela
 
display.html.pdf
display.html.pdfdisplay.html.pdf
display.html.pdfTammy Bass
 
Transition To Practice For Medical Residents
Transition To Practice For Medical ResidentsTransition To Practice For Medical Residents
Transition To Practice For Medical ResidentsJohn Moore
 
DIS Work Flow Process
DIS Work Flow ProcessDIS Work Flow Process
DIS Work Flow ProcessLuke Keeler
 
shontal jenkins
shontal jenkinsshontal jenkins
shontal jenkinsshontalj31
 
Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...
Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...
Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...Floyd Arthur
 

What's hot (19)

Fixing Credit Report Errors
Fixing Credit Report Errors  Fixing Credit Report Errors
Fixing Credit Report Errors
 
HepA B
HepA BHepA B
HepA B
 
Boosting patient responsibility collection
Boosting patient responsibility collectionBoosting patient responsibility collection
Boosting patient responsibility collection
 
City Council March 22 - Uninsured visits city clinic
City Council March 22 - Uninsured visits city clinicCity Council March 22 - Uninsured visits city clinic
City Council March 22 - Uninsured visits city clinic
 
Shannon's resume
Shannon's resumeShannon's resume
Shannon's resume
 
PatientServ
PatientServPatientServ
PatientServ
 
Evaluation of the California Endowment's Investments in Scholarship and Loan ...
Evaluation of the California Endowment's Investments in Scholarship and Loan ...Evaluation of the California Endowment's Investments in Scholarship and Loan ...
Evaluation of the California Endowment's Investments in Scholarship and Loan ...
 
Melissa Resume 2013
Melissa Resume 2013Melissa Resume 2013
Melissa Resume 2013
 
Blood camp organizer
Blood camp organizerBlood camp organizer
Blood camp organizer
 
Resume - Medical Assistant&Phlebotomist
Resume - Medical Assistant&PhlebotomistResume - Medical Assistant&Phlebotomist
Resume - Medical Assistant&Phlebotomist
 
updated resume
updated resumeupdated resume
updated resume
 
resume
resumeresume
resume
 
display.html.pdf
display.html.pdfdisplay.html.pdf
display.html.pdf
 
CV
CVCV
CV
 
Transition To Practice For Medical Residents
Transition To Practice For Medical ResidentsTransition To Practice For Medical Residents
Transition To Practice For Medical Residents
 
DIS Work Flow Process
DIS Work Flow ProcessDIS Work Flow Process
DIS Work Flow Process
 
10 10 ezr 11-0016 nr final
10 10 ezr 11-0016 nr final10 10 ezr 11-0016 nr final
10 10 ezr 11-0016 nr final
 
shontal jenkins
shontal jenkinsshontal jenkins
shontal jenkins
 
Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...
Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...
Wisconsin medical malpractice fund has surplus of nearly 800 million by Floyd...
 

Similar to Western Regional Patient Centered Collections Process

Patient Collections.ppt
Patient Collections.pptPatient Collections.ppt
Patient Collections.pptMohdArman60
 
“Surviving the Changing World of Patient Collections”
“Surviving the Changing World of Patient Collections”“Surviving the Changing World of Patient Collections”
“Surviving the Changing World of Patient Collections”PYA, P.C.
 
Nextgen healthcare-ebook-optimizing-patient-collections-edu36
Nextgen healthcare-ebook-optimizing-patient-collections-edu36Nextgen healthcare-ebook-optimizing-patient-collections-edu36
Nextgen healthcare-ebook-optimizing-patient-collections-edu36NextGen Healthcare
 
eBook - Optimizing Patient Collections
eBook - Optimizing Patient CollectionseBook - Optimizing Patient Collections
eBook - Optimizing Patient CollectionsNextGen Healthcare
 
Insights Webinar - Patient Payments
Insights Webinar - Patient PaymentsInsights Webinar - Patient Payments
Insights Webinar - Patient PaymentsBen Quirk
 
Hospitals: Tactics for Getting Uninsured Patients Covered in the Marketplace
Hospitals: Tactics for Getting Uninsured Patients Covered in the MarketplaceHospitals: Tactics for Getting Uninsured Patients Covered in the Marketplace
Hospitals: Tactics for Getting Uninsured Patients Covered in the MarketplaceEnroll America
 
MikeSimmsBeckersPresentation-FINAL
MikeSimmsBeckersPresentation-FINALMikeSimmsBeckersPresentation-FINAL
MikeSimmsBeckersPresentation-FINALMike Simms MBA
 
Open Enrollment Presentation 2014
Open Enrollment Presentation 2014 Open Enrollment Presentation 2014
Open Enrollment Presentation 2014 riversidemc
 
PatientBond HFMA Tri-State conference September.12.2019.presentation
PatientBond HFMA Tri-State conference September.12.2019.presentationPatientBond HFMA Tri-State conference September.12.2019.presentation
PatientBond HFMA Tri-State conference September.12.2019.presentationBrent Walker
 
Train-the-Trainer Luncheon Presentation
Train-the-Trainer Luncheon PresentationTrain-the-Trainer Luncheon Presentation
Train-the-Trainer Luncheon PresentationLindsay Helmbock
 
Array_PowerPoint_Training
Array_PowerPoint_TrainingArray_PowerPoint_Training
Array_PowerPoint_TrainingChuck Seviour
 
Technology: Increase Revenue, Decrease Workload An AOA Webinar
Technology: Increase Revenue, Decrease Workload An AOA WebinarTechnology: Increase Revenue, Decrease Workload An AOA Webinar
Technology: Increase Revenue, Decrease Workload An AOA WebinarHealth iPASS
 
Using digital patient engagement solutions to collect balances and improve cu...
Using digital patient engagement solutions to collect balances and improve cu...Using digital patient engagement solutions to collect balances and improve cu...
Using digital patient engagement solutions to collect balances and improve cu...Firstsource Solutions Limited
 
Case Study 14 F As Tag Client
Case Study 14 F As Tag ClientCase Study 14 F As Tag Client
Case Study 14 F As Tag Clientpbrindley
 
Case Study 14 F As Tag Client
Case Study 14 F As Tag ClientCase Study 14 F As Tag Client
Case Study 14 F As Tag Clientpbrindley
 

Similar to Western Regional Patient Centered Collections Process (20)

Patient Collections.ppt
Patient Collections.pptPatient Collections.ppt
Patient Collections.ppt
 
“Surviving the Changing World of Patient Collections”
“Surviving the Changing World of Patient Collections”“Surviving the Changing World of Patient Collections”
“Surviving the Changing World of Patient Collections”
 
Nextgen healthcare-ebook-optimizing-patient-collections-edu36
Nextgen healthcare-ebook-optimizing-patient-collections-edu36Nextgen healthcare-ebook-optimizing-patient-collections-edu36
Nextgen healthcare-ebook-optimizing-patient-collections-edu36
 
eBook - Optimizing Patient Collections
eBook - Optimizing Patient CollectionseBook - Optimizing Patient Collections
eBook - Optimizing Patient Collections
 
Insights Webinar - Patient Payments
Insights Webinar - Patient PaymentsInsights Webinar - Patient Payments
Insights Webinar - Patient Payments
 
Hospitals: Tactics for Getting Uninsured Patients Covered in the Marketplace
Hospitals: Tactics for Getting Uninsured Patients Covered in the MarketplaceHospitals: Tactics for Getting Uninsured Patients Covered in the Marketplace
Hospitals: Tactics for Getting Uninsured Patients Covered in the Marketplace
 
MikeSimmsBeckersPresentation-FINAL
MikeSimmsBeckersPresentation-FINALMikeSimmsBeckersPresentation-FINAL
MikeSimmsBeckersPresentation-FINAL
 
Open Enrollment Presentation 2014
Open Enrollment Presentation 2014 Open Enrollment Presentation 2014
Open Enrollment Presentation 2014
 
PatientBond HFMA Tri-State conference September.12.2019.presentation
PatientBond HFMA Tri-State conference September.12.2019.presentationPatientBond HFMA Tri-State conference September.12.2019.presentation
PatientBond HFMA Tri-State conference September.12.2019.presentation
 
Train-the-Trainer Luncheon Presentation
Train-the-Trainer Luncheon PresentationTrain-the-Trainer Luncheon Presentation
Train-the-Trainer Luncheon Presentation
 
Array_PowerPoint_Training
Array_PowerPoint_TrainingArray_PowerPoint_Training
Array_PowerPoint_Training
 
Technology: Increase Revenue, Decrease Workload An AOA Webinar
Technology: Increase Revenue, Decrease Workload An AOA WebinarTechnology: Increase Revenue, Decrease Workload An AOA Webinar
Technology: Increase Revenue, Decrease Workload An AOA Webinar
 
Cardon Outreach 2016
Cardon Outreach 2016Cardon Outreach 2016
Cardon Outreach 2016
 
Managing Accounts Receivables for Surgical groups’ High-Dollar-Value Claims.pdf
Managing Accounts Receivables for Surgical groups’ High-Dollar-Value Claims.pdfManaging Accounts Receivables for Surgical groups’ High-Dollar-Value Claims.pdf
Managing Accounts Receivables for Surgical groups’ High-Dollar-Value Claims.pdf
 
Managing Accounts Receivables for Surgical groups’ High-Dollar-Value Claims (...
Managing Accounts Receivables for Surgical groups’ High-Dollar-Value Claims (...Managing Accounts Receivables for Surgical groups’ High-Dollar-Value Claims (...
Managing Accounts Receivables for Surgical groups’ High-Dollar-Value Claims (...
 
Using digital patient engagement solutions to collect balances and improve cu...
Using digital patient engagement solutions to collect balances and improve cu...Using digital patient engagement solutions to collect balances and improve cu...
Using digital patient engagement solutions to collect balances and improve cu...
 
Taking the Pain out of Patient Payments
Taking the Pain out of Patient PaymentsTaking the Pain out of Patient Payments
Taking the Pain out of Patient Payments
 
Case Study 14 F As Tag Client
Case Study 14 F As Tag ClientCase Study 14 F As Tag Client
Case Study 14 F As Tag Client
 
Case Study 14 F As Tag Client
Case Study 14 F As Tag ClientCase Study 14 F As Tag Client
Case Study 14 F As Tag Client
 
CDW_Transparency and Front End Collection Presentation
CDW_Transparency and Front End Collection PresentationCDW_Transparency and Front End Collection Presentation
CDW_Transparency and Front End Collection Presentation
 

Western Regional Patient Centered Collections Process

  • 1. 33060_PatientAccess_WesternRegional PAYMENT NAVIGATION COMPASS Western Regional Healthcare* 163 Beds | Western United States Located in the western United States, Western Regional caters to seasonal visitors and a large local under-insured and self-pay population. Due to this patient mix, revenue cycle leaders identified the need to act early to prevent the loss of dollars downstream in the billing process for all self-pay patients. CHALLENGE How do we build a patient-centered collections process? Additional revenue over baseline collected at POS in 2015 $1.12M Value of charity care in FY 2016 Reduced self-pay; Bad debt over two years $8.1M 40% Results Self-Pay Bad Debt Dollars by Quarter 2014–2016 Collection Dollars FY 2016 RESULTS 36.6% 35.4% Two-year increase in presumptive charity write-offs Year-over-year increase in patient payments with prompt-pay discount Q1 '14 Q3 '14 Q1 '15 Q3 '15 Q1 '16 Q3 '16 Mar May Jul Sep Nov Jan Ski Season End Summer High Ski Season Start * Western Regional Medical Center is a pseudonym for a member hospital. PROCESS Patient Eligibility and Estimate Data Western worked with their Dedicated Advisor to build a pre-registration room where scheduling information, which is integrated with PayNav and updated in real time, is displayed on a large screen. Patients speak to representatives who work accounts, confirm eligibility, and provide estimates. Patient Financial Data Empowers Financial Counselor Front-office counselors review scheduled patients’ financial history to evaluate how often their accounts have gone to bad debt or been paid off. Additionally they check patients’ federal poverty level. With this data, the counselor decides how to assist the patient, including locating coverage or providing an application for charity care. Charity Policy Allows for Billing Office Write-Offs In the billing office, representatives attempt to complete patient charity applications by reaching out to guarantors for confirming documentation. Unresponsive patients with balances under $2,000 can be written off as charity should they qualify using Self-Pay Compass data. SOLUTION Patient Dollars a Risky, Growing Share of Payer Mix With their unique patient mix, Western needed to meet patients where they were. Rural land owners and foreign visitors could be tricky to track down once they left the facility. Contacting patients for financial conversations at home in advance or at the point of service allows for more open conversations around payment options and provides a better picture of each patient situation. Pre-registration BillingPoint of Service Charity Patients contacted for eligibility and estimate information with Payment Navigation Compass (PayNav) Scheduled patients screened for financial aid using Self-Pay Compass Patients can choose to pay via phone or at POS with prompt-pay discount Patients are enrolled in coverage or provided charity application in line with financial assistance policy For patients with balance under $2K, presumptive charity can be applied using Self-Pay Compass data Patients contacted to confirm financial position; qualifying patients receive financial aid