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 http://www.pyramidhs.com/.

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

  1. 1. Revenue Cycle ManagementHow Hospital-based Physicians Can Enhance Their Revenue Capture
  2. 2. STRON Revenue Cycle ManagementG  Hospital-based physicians encounter challenger with revenue cycleST management not experienced by office-AB based physiciansLE  Integration with the hospital patient accounting systems can create issuesST resulting in lost revenueRATEGIC
  3. 3. STRON Revenue Cycle ManagementG  Hospital-based physicians are: anesthesiologists, emergency physicians,ST hospitalists, radiologist, pathologists,AB neonatologist and others who treatLE patients in inpatient setting  For billing purposes, they often use aST remotely located billing staff orRA outsourced companyTEGIC
  4. 4. STRON Revenue Cycle ManagementG Revenue Cycle Management Challenges for Hospital-Based PhysiciansST  These physicians use hospital’s computerABL systems and if they work in more than oneE hospital, they use different systems  The disparate IT systems can increaseSTR complexity and make regular cycleAT management difficultEGIC
  5. 5. STRON Revenue Cycle ManagementG Revenue Cycle Management Challenges for Hospital-Based PhysiciansST  Hospital IT systems geared towardsABL enhancing hospital revenue, notE professional fees for physicians  Paper based physicians documentation areSTR more time-intensive to manage and moreAT prone to errorsEGIC
  6. 6. STRON Revenue Cycle ManagementG How to Improve Revenue Cycle Management for Hospital-Based PhysiciansST  Fee coding should be done electronicallyABL to: enhance revenue cycle management;E reduce risk of lost revenue; make charges for professional fees are more accurate; slashes time between incurring the chargeS and billing; prepares physicians for ICD-10TRA codingTEGIC
  7. 7. STRON Revenue Cycle ManagementG How to Improve Revenue Cycle Management for Hospital-Based PhysiciansST  Use services of experienced healthcareABL consultant to: improve processes; helpE transition from paper documentation to electronic health records  Healthcare solutions providers shortenST revenue cycle by developing systems toRA electronically capture codes and pass dataTEG to physicians billing systemsIC
  8. 8. STRON Revenue Cycle ManagementG How to Improve Revenue Cycle Management for Hospital-Based PhysiciansST  Pyramid Health Solutions is expert inABL delivering revenue cycle managementE services including credentialed coding staffing, auditing and A/R management  Pyramid Health Solutions uses remoteST coding resources and secure internetRA technology. All services maximize worflow,TEG productivity, improve revenue, realize costIC savings and increase compliance
  9. 9. STRON Revenue Cycle ManagementG About the AuthorSTA Nav Ranajee is VP of Sales and MarketingBLE for Pyramid Health Solutions, a provider of complete revenue cycle services.S Learn more about Revenue CycleTRA Management by visitingTEG http://www.pyramidhs.com/.IC
  10. 10. THANK YOUSTRONG STABLE STRATEGIC Trusted Revenue Cycle Partner Since 1985 800.927.8435 Email: info@pyramidhs.com Website: www.pyramidhs.com

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