Revenue Cycle Management in healthcare encompasses the entire administrative process involved in getting paid for the services you provide to your patients. The process begins when a patient first calls to schedule an appointment and ends when all fees have been collected and verified.
Medical billing is becoming increasingly more complex. It is only going to get more difficult as new codes are added and more detailed patient information is required to be submitted with the claim. Add to that, physicians and other service providers are required by various insurers to provide details not previously necessary.
One small error can result in the claim not being paid promptly, completely or possibly even being denied.
Ten Tips For a More Profitable Veterinary Practice in 2011McGaunnSchwadronCPA
This powerpoint presentation by Mark J. McGaunn, CPA (of McGaunn & Schwadron, CPA’s, LLC) addresses how to best manage a Veterinary Practice to maximize profitability in 2011. Specifically covers best financial and management strategies and ten tips to follow for a successful vet practice.
Streamlining Your Medical Practice for Profitability and SuccessConventus
Conventus webinar video providing key success strategies and tactics for improving productivity, profitability, and patient care. The one-hour video features host Susan Lieberman of Conventus and Stevie Davidson of Health Informatics Consulting.
Process Improvement: A Consultant's View of your Healthcare Revenue Cycle | A...Meduit
Get a look at how well your revenue cycle processes are functioning and learn how to identify the initiatives your healthcare facility can take to reduce days in A/R and boost revenue! Download the live event recording here: https://lab.meduitrcm.com/process-improvement-innovationlab-webinar/
Overview of an Open-Platform Health Plan that Lowers Costs and Improves Perfo...Mark Gall
It's hard to gauge how well a health plan is performing. Do our employees understand and get the most out of their benefits? How effective is our wellness program? Are we paying too much for services? These are typical questions. An Open-Platform Health Plan is a self-funded health plan with unique features that allow an employer to establish, track and review performance benchmarks and reduce their exposure to risk.
HLU Consultants, Inc. is a privately held, independent consulting firm based out of Cincinnati, OH since 1961. The consultants at HLU successfully bring together a tremendous amount of industry expertise, valued partners and innovative technologies to design a better, cost-efficient health plan around a customer’s workforce. They help employers establish meaningful benchmarks so they can gauge the success of their plan with a focus on reducing costs, improving outcomes and helping employees successfully navigate the complex healthcare system.
Through the innovative use of technology and proprietary revenue cycle management methodologies, NextGen RCM Services, helps practices maximize their revenue cycle results, while minimizing their tedious daily functions of billing and collecting.
Ten Tips For a More Profitable Veterinary Practice in 2011McGaunnSchwadronCPA
This powerpoint presentation by Mark J. McGaunn, CPA (of McGaunn & Schwadron, CPA’s, LLC) addresses how to best manage a Veterinary Practice to maximize profitability in 2011. Specifically covers best financial and management strategies and ten tips to follow for a successful vet practice.
Streamlining Your Medical Practice for Profitability and SuccessConventus
Conventus webinar video providing key success strategies and tactics for improving productivity, profitability, and patient care. The one-hour video features host Susan Lieberman of Conventus and Stevie Davidson of Health Informatics Consulting.
Process Improvement: A Consultant's View of your Healthcare Revenue Cycle | A...Meduit
Get a look at how well your revenue cycle processes are functioning and learn how to identify the initiatives your healthcare facility can take to reduce days in A/R and boost revenue! Download the live event recording here: https://lab.meduitrcm.com/process-improvement-innovationlab-webinar/
Overview of an Open-Platform Health Plan that Lowers Costs and Improves Perfo...Mark Gall
It's hard to gauge how well a health plan is performing. Do our employees understand and get the most out of their benefits? How effective is our wellness program? Are we paying too much for services? These are typical questions. An Open-Platform Health Plan is a self-funded health plan with unique features that allow an employer to establish, track and review performance benchmarks and reduce their exposure to risk.
HLU Consultants, Inc. is a privately held, independent consulting firm based out of Cincinnati, OH since 1961. The consultants at HLU successfully bring together a tremendous amount of industry expertise, valued partners and innovative technologies to design a better, cost-efficient health plan around a customer’s workforce. They help employers establish meaningful benchmarks so they can gauge the success of their plan with a focus on reducing costs, improving outcomes and helping employees successfully navigate the complex healthcare system.
Through the innovative use of technology and proprietary revenue cycle management methodologies, NextGen RCM Services, helps practices maximize their revenue cycle results, while minimizing their tedious daily functions of billing and collecting.
Lean Strategies in Healthcare Revenue Cycle ManagementInvensis
Did you know? Revenue cycle inefficiencies accounted for 15% of 2.7 trillion spent on healthcare, or about $400 billion. Join Dr. Steven M Wagner to understand how to align continuous quality improvement through lean method for staff and management to overcome income obstacles in healthcare and help them to learn and experiment with strategies to address them.
Top 5 Challenges with Healthcare Revenue Cycle ManagementJessica Parker
The non-medical works include taking care of all the documentation, eligibility verification, demographic entry, billing and coding and filing of the medical claims. If a single step is overlooked, the claim will be rejected. Thus, a disorganized revenue cycle management can lead to a stockpile of uncollectible with no proper process to streamline it.
5 Mistakes Hospitals Make with Call Coverage AgreementsMD Ranger, Inc.
This deck covers 5 critical mistakes that hospitals make with call coverage agreements and how to avoid them going forward.
We will cover:
- Effective strategies for setting call rates
- Determining commercial reasonableness
- The most cost-effective ways to pay for call
- Which services are likely to be paid
- ...and more!
Navigating Medical Staff Officer and Physician Leadership Compensation MD Ranger, Inc.
Every hospital has a medical staff that functions as an indispensable partner in quality oversight, credentialing, accreditation, and operations. The medical staff elects officers to represent its physicians. Payment for medical staff officers varies by facility and position and can be a complex area to navigate. With healthcare organizations spending more and more on these types of roles, it is important to think strategically about this area of increasing concern.
In this webinar, we will talk about paying physicians in leadership positions reasonably and fairly. Join MD Ranger for this 30-minute webinar as we discuss:
-The (growing) diversity of physician leadership roles
-When to pay
-How much to pay
-Ways to structure payment
Evaluating the Financial Component of a Physician-Hospital ArrangementPYA, P.C.
Increasingly, physicians are entering into employment agreements with hospitals. A presentation given by PYA Consulting Principal Darcy Devine offered guidance for “Evaluating the Financial Component of a Physician-Hospital Arrangement.”
Healthcare Industry Highlight: Revenue Cycle ManagementCascadia_Capital
In our most recent Healthcare Industry Highlight Report on Revenue Cycle Management, we outline the trends driving consolidation and increased market activity and make predictions on the outlook and future of the RCM ecosystem.
Overview of Medical Pay Solutions Revenue Maximizer system allowing medical practices to end the BILLING NIGHTMARE and collect more revenue easier, faster - very patient-centric!
The cost of claims drives the cost of employer health plans. See a sample proposal on of a specialized, self-funded health plan that lowers claim costs and makes health care work for employees and employers.
Hospital / Technology / Revenue / Business
This is the approach for success in terms of workflow, revenue, and technology effeciency in HIT (Healthcare Information Technology).
Lean Facility Design as an Agent of Organizational Change for the Future of H...The Neenan Company
Presented on April 16, 2011 at the 2011 American Medical Group Management (AMGA) Annual Conference in Washington, DC
Presenters:
Dr. Randall Huss, President, Mercy St. John's Clinic - Rolla Division
Gerald Dowdy, Vice President, Mercy St. John's Clinic - Rolla Division
Whitney Churchill, AIA, Architect, The Neenan Company
Dan Garofalo, Vice President Business Development, The Neenan Company
Using the acclaimed and highly innovative St. John's Clinic - Rolla facility as the kick-off for discussion, the presenters described how the Lean facility design served to drive Lean process improvement and a new model of patient-centered care. Presenters provided one-and-half-year follow-up data, including voice of the customer surveys, patient satisfaction, call center metrics, provider feedback, and lessons learned. An emerging national trend in healthcare organizations utilizing Lean facility design, as well as results that can be obtained, was discussed.
Optimizing Revenue Cycle Management: Centricity Business at Saint Francis Hea...GE Healthcare - IT
For large hospitals and small provider practices alike, healthcare
reform and changing reimbursement models have introduced
significant new challenges to the business. It is now more important
than ever for organizations to have a well-designed revenue cycle
management (RCM) strategy in order to optimize their revenue cycle,
prepare for change, and maximize revenue. At the same time, mergers
and acquisitions among U.S. hospitals and physician practices add to
operational complexity, and with most hospitals employing a wide
vendor portfolio of HCIT solutions, these challenges further the
importance of running a tight financial enterprise. The inability to
effectively monitor and proactively manage the revenue cycle can
destroy profitability and make it difficult to focus on what matters
most — delivering outstanding care to patients.
Lean Strategies in Healthcare Revenue Cycle ManagementInvensis
Did you know? Revenue cycle inefficiencies accounted for 15% of 2.7 trillion spent on healthcare, or about $400 billion. Join Dr. Steven M Wagner to understand how to align continuous quality improvement through lean method for staff and management to overcome income obstacles in healthcare and help them to learn and experiment with strategies to address them.
Top 5 Challenges with Healthcare Revenue Cycle ManagementJessica Parker
The non-medical works include taking care of all the documentation, eligibility verification, demographic entry, billing and coding and filing of the medical claims. If a single step is overlooked, the claim will be rejected. Thus, a disorganized revenue cycle management can lead to a stockpile of uncollectible with no proper process to streamline it.
5 Mistakes Hospitals Make with Call Coverage AgreementsMD Ranger, Inc.
This deck covers 5 critical mistakes that hospitals make with call coverage agreements and how to avoid them going forward.
We will cover:
- Effective strategies for setting call rates
- Determining commercial reasonableness
- The most cost-effective ways to pay for call
- Which services are likely to be paid
- ...and more!
Navigating Medical Staff Officer and Physician Leadership Compensation MD Ranger, Inc.
Every hospital has a medical staff that functions as an indispensable partner in quality oversight, credentialing, accreditation, and operations. The medical staff elects officers to represent its physicians. Payment for medical staff officers varies by facility and position and can be a complex area to navigate. With healthcare organizations spending more and more on these types of roles, it is important to think strategically about this area of increasing concern.
In this webinar, we will talk about paying physicians in leadership positions reasonably and fairly. Join MD Ranger for this 30-minute webinar as we discuss:
-The (growing) diversity of physician leadership roles
-When to pay
-How much to pay
-Ways to structure payment
Evaluating the Financial Component of a Physician-Hospital ArrangementPYA, P.C.
Increasingly, physicians are entering into employment agreements with hospitals. A presentation given by PYA Consulting Principal Darcy Devine offered guidance for “Evaluating the Financial Component of a Physician-Hospital Arrangement.”
Healthcare Industry Highlight: Revenue Cycle ManagementCascadia_Capital
In our most recent Healthcare Industry Highlight Report on Revenue Cycle Management, we outline the trends driving consolidation and increased market activity and make predictions on the outlook and future of the RCM ecosystem.
Overview of Medical Pay Solutions Revenue Maximizer system allowing medical practices to end the BILLING NIGHTMARE and collect more revenue easier, faster - very patient-centric!
The cost of claims drives the cost of employer health plans. See a sample proposal on of a specialized, self-funded health plan that lowers claim costs and makes health care work for employees and employers.
Hospital / Technology / Revenue / Business
This is the approach for success in terms of workflow, revenue, and technology effeciency in HIT (Healthcare Information Technology).
Lean Facility Design as an Agent of Organizational Change for the Future of H...The Neenan Company
Presented on April 16, 2011 at the 2011 American Medical Group Management (AMGA) Annual Conference in Washington, DC
Presenters:
Dr. Randall Huss, President, Mercy St. John's Clinic - Rolla Division
Gerald Dowdy, Vice President, Mercy St. John's Clinic - Rolla Division
Whitney Churchill, AIA, Architect, The Neenan Company
Dan Garofalo, Vice President Business Development, The Neenan Company
Using the acclaimed and highly innovative St. John's Clinic - Rolla facility as the kick-off for discussion, the presenters described how the Lean facility design served to drive Lean process improvement and a new model of patient-centered care. Presenters provided one-and-half-year follow-up data, including voice of the customer surveys, patient satisfaction, call center metrics, provider feedback, and lessons learned. An emerging national trend in healthcare organizations utilizing Lean facility design, as well as results that can be obtained, was discussed.
Optimizing Revenue Cycle Management: Centricity Business at Saint Francis Hea...GE Healthcare - IT
For large hospitals and small provider practices alike, healthcare
reform and changing reimbursement models have introduced
significant new challenges to the business. It is now more important
than ever for organizations to have a well-designed revenue cycle
management (RCM) strategy in order to optimize their revenue cycle,
prepare for change, and maximize revenue. At the same time, mergers
and acquisitions among U.S. hospitals and physician practices add to
operational complexity, and with most hospitals employing a wide
vendor portfolio of HCIT solutions, these challenges further the
importance of running a tight financial enterprise. The inability to
effectively monitor and proactively manage the revenue cycle can
destroy profitability and make it difficult to focus on what matters
most — delivering outstanding care to patients.
CollaborateMD Webinar Presentation - Improving the Revenue Cycle Begins at th...CollaborateMD
Physicians may not always recognize the impact that the front office has on the overall revenue cycle. Front office processes not only impact the revenue cycle, but the viability of the practice. Missed appointments and denied claims costs practices a lot of money and can easily be prevented. With the right tools in place, these pain points can be eradicated, giving you the ability to reclaim control of your revenue.
Scheduling patients, automated appointment reminders, and eligibility verifications streamline front office processes to improve the overall workflow of the office. As an expert in health information technology, CollaborateMD has the capability to provide automated services to manage the points of entry that affect revenue. These services will bring great value to your office and allow you to achieve higher productivity, faster payments, decreased costs, and improved patient care.
Proven revenue cycle management supporting profitability in an era of healthcare reform.
Profitability, efficiency, and enhanced quality of care
A proven, next-generation healthcare revenue cycle management solution that supports traditional and accountable care reimbursement models, Centricity* Business delivers proven revenue cycle
performance.
e-care - Healthcare Revenue Cycle Management ecare India
e-care India is one of the leading medical billing companies in India that provides wide range of services to physicians, hospitals and medical billing companies in the United States.
e-care, founded in early 2000 is a pioneer in the field and now employs 1000+ people with varied expertise to match to the growing needs of the business.
e-care is a pioneer in the medical billing field and the first Indian medical billing company to get ISO 27001:2005 certified for information security management. e-Care is also an ISO 9001:2008 certified medical billing company for quality management. e-Care ensures that all the changes and updates made by HIPAA are properly and correctly communicated amongst the team to ensure highest standards of security and confidentiality.
e-care provides end-end medical billing services including but not limited to Healthcare revenue cycle management, Physician credentialing, Indexing medical records, Insurance eligibility verification, Data Entry services, Medical coding services, Accounts receivable management, and Medical billing data migration.
A presentation that I frequently give to groups of docs, this focuses on "best practices" for every step of the physician revenue cycle. The goal is to help practices improve collections, reduce overhead, and gain control.
Simplicious Bakery - The First Year Marketing Plansimpbakery
Simplicious Bakery - Simple Life, Nutritious and Delicious Food
We offer healthy bread, assorted cakes, sandwiches and freshly made beverages to our target customers, workers, students and elderly in Tai Kok Tsui in Kowloon. We hope that through our marketing strategies and programs we can spread the message of healthy lifestyle among each other in such a fast-paced society - Hong Kong.
This marketing plan presentation with mp3 synchronization gives you an overview of the marketing plan of the first year business.
By Sube AU, Sophie LEE, Andy LIU, Donald WONG, Charlotte YAU
In the world of healthcare, there are many aspects that come together and make healthcare organizations work. While the main focus is on providing quality healthcare services, other aspects, like employee satisfaction, equipment quality, healthcare revenue cycle management, and much more are also equally important to get the services going smoothly and ensure that the healthcare provider receives the payment for their services on time.
In this live webinar, Valora outlines the three main stages of starting a medical practice:
1) Planning - creating a business plan, setting a budget and outlining your timeline
2) The Nuts and Bolts - finding a location, credentialing, administrative setup, and choosing the right technology for your needs
3) Opening - hiring staff and activating your marketing plans
How to Optimize Revenue Cycle Management for Orthopedic Practices.pdfCosentus
Orthopedic billing can be coined as the method of accurately invoicing the orthopedic services that have been provided by various orthopedic healthcare and medical service providers and organizations. This is a very important segment for the healthcare revenue cycle management and this also makes sure that the healthcare providers in the orthopedic services should give proper level of compensation to all of the patients.
Overcoming the Struggles of Small PracticesBen Quirk
Small practices face many struggles on the road to success. This webinar overviews the top obstacles they face, addresses the reasons behind the decline in numbers of independent practices, and provides solutions for them to remain successful despite the challenges.
Accurate data mining is the best thing in medical billing services, MGSI providing and helping physicians and medical practices with Tops ideas to improve medical billing services.
https://www.mgsionline.com/medical-billing-and-collections.html
#MedicalBillingCollections
Three Keys to a Successful Margin: Charges, Costs, and LaborHealth Catalyst
How can cost management and complete charge capture protect and enhance the margin?
In this webinar, we will look at 2024 margin pressures likely to impact your organization’s financial resiliency. This presentation will also share how organizations can move from Fee-for-Service to Value; bringing Cost to the forefront.
You know medical billing is a crucial part of your private practice, but why exactly is it so vital? This presentation explains why medical billing is a matter of survival. Claims must be submitted in a timely manner in order for physicians to get paid for their services.
Looking for ways to maximize reimbursement? Interested in outsourcing your medical billing?
Visit Our Website: http://www.CaptureBilling.com/
Physician contracting compliance is a serious concern for healthcare executives, attorneys, and compliance professionals. Maintaining compliance of physician contracts requires balancing physician relationships and paying fairly.
This webinar will cover best practices hospital leaders can use to refine their organization's compliance processes, including:
-Educating staff
-Determining and documenting FMV
-Identifying and handling potentially risky contracts
Revenue cycle management success: Learn these key factorsEyeCareLeaders1
Your ophthalmic practice should be leaning heavily on its revenue cycle management plan. RCM can help your practice minimize errors, increase the chances you will get paid, and tamp down on the size of your accounts receivable. https://eyecareleaders.com/revenue-cycle-management-success-factors/
The Ultimate Guide to Orthopedic Medical Billing - Best Practices and Strateg...Cosentus
This is truly extraordinary how something as simple can have a hold in such a profound level of specialty. This can contribute to the field of medicine in a very important manner. Orthopedics is the medical level of discipline that
works on the surgery that is connected with the conditions of the musculoskeletal system like bones, tendons, joints, and ligaments. An important process for orthopedic practitioners is to work with orthopedic medical billing.
PYA Principal Carol Carden presented “Fundamentals of Healthcare Valuation” at the American Society of Appraisers (ASA) 2015 Advanced Business Valuation Conference. The presentation explored unique characteristics of the healthcare industry, particularly those relevant to appraisers for avoiding common mistakes in assessing risk and projecting cash flow.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Webinar Exploring DORA for Fintechs - Simont Braun
8 RCM Concerns
1. 8 Revenue Cycle Concerns
For Orthopaedic Practices &
How to Fix Them
2. 8 revenue cycle concerns for Orthopaedic
practices and ways physician
practices can fix them.
Orthopaedic practices are in a time of constant change with
reimbursements, patient volumes and utilization of diagnostic
imaging all declining. These changes are forcing physician
practices to reevaluate processes and tackle inefficiencies.
Why we are
here ?
1 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
3. HIS is a physician management organization that specializes in Revenue
Cycle Management and Technology services for Orthopaedic practices.
“You put your patients first… we put your business first”
Dave Wold, CHBC, Founder and CEO, Healthcare Information Services
• Founded HIS in 1999. Under Mr. Wold’s leadership, HIS’ corporate infrastructure has
significantly expanded over the past seven years. HIS has grown from 40 employees in
one location to an organization which now employs over 225 employees operating in
two locations. To date HIS bills out over $800 million and collects over $300 million on
behalf of our clients
David D’Silva, COO, Healthcare Information Services RICHARD
• Has been with HIS for 3+ years and is accountable for organizational strategy,
execution and P&L. Prior experience was in Banking for 25+ years that included
responsibility for a $300MM line of business with 2000 employees globally. Specifically
skilled in P&L management, product strategy and development, acquisitions, workflow
design, productivity measurement and management, quality metrics development and
risk management.
Who we are?
2 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
4. “It is more important now than ever to
assess your practices health”
• Orthopaedic practices should routinely reevaluate the
management of their revenue cycle
• Too often overlooked.
• There is a huge correlation between your practice's
profitability and the management of your revenue cycle
• An efficient and effective revenue cycle is the bloodline of a
successful practice.
Correlation to Profitability
3 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
5. One: Accounts Receivable – CPI & Trending
Two: Charge Capture & Reconciliation
Three: 2013 Coding Changes
Four: ICD-10 – Are you going to be ready?
Five: Managing Insurance Denials
Six: Payor Contracts & Tracking Reimbursements
Seven: MPPR
Eight: Collection of Small Balances
Nine: Importance of Communication
Ten: Physician’s Involvement
What we will cover
4 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
6. Poor Cash Flow can be due to improper A/R Management
• Too many Days and Dollars are tied up in accounts receivable.
• CPI – key to managed success
•Critical Performance Indicators
•HIS looks at more than just the A/R Aging Buckets
•120+ should be 14.4% or better RAD**(according to RBMA
standards)
• Billing must be sent out promptly, accurately
• Aggressive follow up procedures must be in place
•Appeals
•Denials
“Any unnecessary delay will cost a practice its profit.”
Accounts Receivable – CPI & Trending1
5 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
7. Even some of the best practices will lose
revenue from neglecting to bill a visit.
• Lost Encounter Forms
• It's amazing how many encounters get lost from
the clinic to the billing office.
• Reconciliation each day
• Patients seen vs. Encounter Forms
• Simple process but can have large impact
• Ensuring patient is appropriately charged for the practice's services.
Charge Capture & Reconciliation2
6 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
8. 2013 Coding Changes
• Another prominent area where physicians are leaving money on the table is
neglecting
to charge for each piece of durable medical equipment distributed.
• Most practices do not have good systems for distribution of DME or allow DME
vendor to
• A break in the chain… charges never captured
• A physician will recommend DME for a patient and one assistant will give the
product to another assistant, and somehow the patient is never charged for the
product.
2013 Coding Changes3
7 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
9. • HIS recommends a daily reconciliation
• Capture of inventory versus billing to see what exactly your practice spends in
terms of inventory and amount profit made. Figure out a way to
• Centralize DME
• Develop a process for distributing inventory
• Proper and verified process for billing
•Deal with increased requirements for authorization and payment
• ABN - Advance Beneficiary Notice
• CMN - Certificate of Medical Necessity
• LMN - Letter of Medical Necessity
Proper management of your DME inventory and billing can
Provide significant revenue for the practice
ICD-10 – Are you going to be ready?3
8 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
10. The number one reason for a controllable denials is
inaccurate and/or incomplete insurance information
• The Good ole’ days (are long gone)
• Procedures were getting paid in high volumes and physicians could
afford to pay less attention to the insurance denials.
• The New Norm
• Declining reimbursements along with increased denial rates
• Focusing on why denials are happening will save a practice
significant money.
If you have the wrong insurance information and perform
surgery, your cost to collect quadruples.
Managing Insurance Denials4
9 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
11. • Create and implement Front-End processes for improved results
• Rather than losing money on insurance denials, do extra work on the
front end to avoid sending improper information to your payors.
• Eligibility verification before a patient comes in
• Implement technology to verify coverage for patients procedure
• Integrate with Practice Management system for work-flow efficiencies
• As soon as the patient has been scheduled for a procedure, the insurance
verification process should begin.
• Pre-Authorization
• Requirement for more and more procedures to have this
(especially for PT and MRI)
• No longer will allow for retroactive authorization
• If you don’t do this, the service is “FREE”!!
“Denied claims due to unauthorized patient procedures or services
can be a major loss in revenue that should not be taken lightly.”
4 Managing Insurance Denials
10 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
12. Payor Contracts & Tracking Reimbursements5
“Am I being paid correctly?”
• Verify accuracy of each and every payment
• Monitor the amount reimbursed by payors versus
the negotiated pay rate
• Compare to all fee schedules and contracts
• Insurance Companies make mistakes
• Incorrect fee schedules loaded
• Underpayment
• Dedicated Resources and Technology
• Can be challenging for smaller practices
• At HIS, we have found even in large practices several examples
where payors have underpaid to the tune of $100,000.
11 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
13. 5
• If possible, a practice should use an enterprise
system to run payments through for comparison
with the negotiated rate.
• Even if you don't have the technology
• Perform random and thorough audits.
• If you see a pattern of under payment, allocate
additional resources to fix the problem.
In 2010, HIS collected over $1.5M in
underpayments on behalf of our clients
Payor Contracts & Tracking Reimbursements
12 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
14. Small charges slip through the cracks
Collection of Small Balances6
“You have already paid your overhead… That's lost profit”
A way to avoid this is to assign resources to pursue balances totaling $100 or less.
Designating time for small claims will add up in the long run.
13 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
15. “Are the lines of communication truly Open?“
• Do you listen ?
• Employees
•Administration and Billing Staff
• Do your physicians listen ?
• It should be a two-way street
• A well managed open-communication policy and process
can positively impact the efficiencies and profitability.
Importance of Communication7
14 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
16. • When none of the physicians in a practice are involved with the company's
billing side, it can create problems.
• Disconnect on importance of complete documentation
and timeliness of submission
• Designate a lead physician to stay involved and be a point person
• This can greatly benefit the entire practice.
• Having an interested physician who is educated about billing matters makes the
entire practice more efficient.
• The Revenue Cycle starts with the physician.
• Leadership and Admin staff then needs resources to complete the process
Physician’s Involvement8
15 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
17. • Orthopaedic practices must be aware of changes in reimbursements,
regulations and coding-guidelines that have a direct impact on your
practice’s profitability.
• Physician practice must re-evaluate their processes to hone in and
position their practice for a more profitable future.
• Make sure you can answer the all important question…
Are you getting Paid what you
are supposed to be Paid ?
Conclusion
16 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
18. About HIS
HIS is a physician management organization that specializes in Revenue
Cycle Management and Technology services for Orthopaedic practices.
“We worry about your business so you don’t have to”
Partnership Philosophy
• Based on mutually shared success
Experts in Orthopaedics
• Manage the revenue cycle of over 450 providers
(including well over 100 Orthopaedic Surgeons)
We are not just a billing company
• Comprehensive Service Beyond Expectation.
17 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
19. We understand that our success is directly tied to the success of our Clients
“We do not succeed unless you do!”
Service that goes above and beyond: For us it is not just about increasing reimbursements and
profitability but also about the service we provide. We partner with each client to understand their business
needs intimately and position their practice for a more stable and profitable future.
Improved Reimbursement and Profitability: HIS clients typically see an increase of 11.2% or
better of their average reimbursements through proper coding, aggressive appeals & denial management, in-
house collections and expert approach. In addition, HIS can help you achieve operational efficiencies and
provide group purchasing power lowering your overhead and boosting your bottom-line.
Expert partner for the future: With 30+ years of experience, HIS' staff of 225 professionals, including
over 65 certified coders, understand the most complex management systems and clinical issues. HIS is a
thought-leader in the industry and with an expert knowledge and experience in Orthopaedics is a valued
partner in these troubling times.
What you can expect from HIS
18 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
20. Future Webinar Topics
HIS is a physician management organization that specializes in Revenue
Cycle Management and Technology services for Orthopaedic practices.
“We worry about your business so you don’t have to”
ICD-10-CM
• Are you going to be ready ?
•Start preparing now and have a plan for the monumental transition
Coding issues affecting your revenue and compliance
• Insufficient or Lack of Appropriate Documentation
• Inaccurate or Incomplete Coding
• Under-coding is just as bad as over-coding
Cut costs and boost profitability
• Partnering for increased purchasing power – PurchasingMD
19 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
21. Questions ?
20 | 8 Revenue Cycle Concerns for Orthopaedic Practices & How to Fix Them
22. For follow up questions feel free to contact us:
Andy Salmen, Business Development HIS
P: (847) 720-7007
E: asalmen@healthinfoservice.com
www.HealthInfoService.com
Contact HIS:
350 S. Northwest Highway, Suite 200
Park Ridge, Illinois 60068
(855) RING-HIS
Editor's Notes
Change Ortho to Rad throughout
Change Ortho to Rad… and review
Change DD to Richard.
Change Ortho to Rad
Change Ortho to Rad
Review
Change to RBMA standards and benchmarks
Richard – in terms of Radiology Specific
Change to 2013 Coding… take from HIS blog
Change to ICD-10 – Are you going to be ready? Use slides
*** Maureen and Trudie***