Most hospitals and healthcare systems leave millions of dollars on the table every year because they lack the knowledge, experience, and discipline necessary to register, bill, and collect correctly. These unclaimed earnings have become more critical in the face of COVID-19 as healthcare organizations face unprecedented negative financial impacts and recognize the need to optimize existing revenue streams most efficiently.
Furthermore, the continuously rising cost and demand for healthcare places more pressure on enhancing revenue as a solution to improving financial performance. Financial managers and administrators must rapidly identify opportunities that increase revenue, maximize reimbursement, and decrease write-offs to ensure long-term profitability and improved results.
Marlowe Dazley, Senior Vice President and Managing Director of Financial Advisory Services at Health Catalyst, and Todd Halpin, Senior Vice President of Financial Advisory Services at Health Catalyst, will share the fundamentals of revenue cycle management and how to conduct a data-driven revenue cycle assessment.
During this webinar, attendees learn the following:
- How to conduct a comprehensive, data-driven revenue cycle assessment to rapidly determine the root cause of lost revenue and the erosion of cash collections.
- How to use data and best practices to challenge current processes and effect change.
- How to determine if accounts receivable reserve formulas acknowledge historical managed care discounts, increases in uncompensated care funding, and deterioration of revenue cycle processes.
- How to leverage appropriate staffing models and productivity tools to maximize efficiency.
Marlowe Dazley, Senior Vice President and Managing Director of Financial Advisory Services at Health Catalyst, and Todd Halpin, Senior Vice President of Financial Advisory Services at Health Catalyst, will share the fundamentals of revenue cycle management and how to conduct a data-driven revenue cycle assessment.
During this webinar, attendees will learn the following:
How to conduct a comprehensive, data-driven revenue cycle assessment to rapidly determine the root cause of lost revenue and the erosion of cash collections.
How to use data and best practices to challenge current processes and effect change.
How to determine if accounts receivable reserve formulas acknowledge historical managed care discounts, increases in uncompensated care funding, and deterioration of revenue cycle processes.
How to leverage appropriate staffing models and productivity tools to maximize efficiency.
COVID-19 Financial Recovery: The Effects of Shifting to Virtual CareHealth Catalyst
Many providers are focusing their COVID-19 financial recovery efforts on reinstating elective surgeries and ambulatory visits safely and effectively. However, an increasing number of providers are hastily shifting from ambulatory to virtual care without fully considering the financial implications. Shifting to virtual care may have unintended financial impact on many other facets of your business, including physician compensation, staffing needs, fixed assets, and more.
Dan Unger, Senior Vice President and General Manager of Financial Transformation Business at Health Catalyst, explores the financial implications of shifting from ambulatory to virtual care as part of your organization’s COVID-19 financial recovery strategy.
In this webinar, Dan discusses the following:
-Four phases of COVID-19 financial recovery.
-Current trends in outpatient volume.
-Key considerations when considering the shift from ambulatory to virtual care.
Congress Gave Hospitals and Providers $100B in the Coronavirus Stimulus Packa...Health Catalyst
The COVID-19 pandemic has caused immense financial strain on healthcare systems across the nation. As a result, Congress passed a $3 trillion stimulus package that includes $100 billion for hospitals and other healthcare providers. While this relief for healthcare organizations is much needed, it can also add confusion. What can organizations use these stimulus funds for? What are the risks and compliance requirements?
Bobbi Brown, Senior Vice President of Professional Services, and Dan Orenstein, General Counsel at Health Catalyst, discuss answers to these questions and more. With over thirty years of experience in healthcare financial planning and analysis, Bobbi shares her unique perspective on the stimulus package and how providers can use these funds in their recovery planning. Dan has over two decades of legal experience in healthcare and discusses the specifics of compliance requirements.
In this webinar, Bobbi and Dan address the following:
-Explain significant sections of the four laws passed, including the CARES Act.
-Review program details of the Provider Relief Fund.
-Explore the use of the funds and compliance with terms and conditions.
-Discuss policy changes to better prepare for healthcare emergencies.
Three Key Strategies for Healthcare Financial TransformationHealth Catalyst
To succeed in today’s rapidly evolving business environment, healthcare organizations must have accurate financial data. Approximately 50 percent of CMS payments are now tied to a value component; hospital operating margins are at an all-time low; and consumer demands are rising with their costs. In order to meet these new challenges, health systems must shift their strategy or risk being left behind. This article details the operational, organizational, and financial strategies that drive financial transformation, as well as examples of how to obtain and utilize financial data, find waste reduction opportunities, and much more.
Introducing the New Care Management Suite: A Comprehensive, Data-Driven ApproachHealth Catalyst
Because approximately 75 percent of U.S. healthcare costs are attributed to patients with chronic diseases, care management has emerged as a critical improvement strategy. Yet, fragmented workflows, incomplete data sources, and a lack of transparency into typical “black box” solutions leave care teams feeling frustrated and struggling to track success. These challenges are exacerbated in the dynamic, new normal of COVID-19.
Health Catalyst is pleased to introduce our new care management solution. Leveraging a transparent, data-informed approach, the Health Catalyst® Care Management Suite enables quick identification and response to the changing needs of patient populations.
In this webinar, we share the current state of the care management landscape and discuss trends from across the country that highlight risk model biases, the impacts of COVID-19, and the importance of evaluating program ROI. Our Care Management Suite has the capabilities and flexibility to adjust to the ever-changing health environment by identifying the most impactable patients, supporting the entire clinical care pathway, and optimizing program ROI and profitability.
During this webinar, we discuss how our solution does the following:
-Provides a rich, more comprehensive data set—including the ability to look across a wide variety of data sources combining clinical and claims data.
-Offers a patient-centric view—optimized for care management workflows.
-Supports a wide range of analytic capabilities—algorithm transparency and flexibility enabling users to confidently explain, demonstrate, and continuously optimize care management processes.
New Ways to Improve Hospital Flow with Predictive AnalyticsHealth Catalyst
Improving hospitalwide patient flow requires an appreciation of the hospital as an interconnected, interdependent system of care. Michael Thompson explores how Cedars-Sinai Medical Center used supervised machine learning to create predictive models for length of stay, emergency department (ED) arrivals, ED admissions, aggregate discharges, and total bed census and leveraged these models to reduce patient wait times and staff overtime and improve patient outcomes and patient and clinician satisfaction.
Learn more about the following topics:
• How to engage leaders up front with the goal of operationalizing analytics.
• What types of machine learning methods best support operationalizing analytics.
• How to operationalize machine learning-driven results to improve patient flow.
The Doctor’s Orders for Engaging Physicians to Drive ImprovementsHealth Catalyst
Physicians drive the majority of all quality and cost decisions, yet reimbursement pressures, competing time pressures, misaligned incentives, and a lack of credible data often make engaging clinicians in improvement work one of the biggest challenges in healthcare.
David Wild, MD, MBA, and Jack Beal, JD, explore how to spread data to the edges of the organization and engage physicians in leading a continuum of improvement across an entire organization.
During this webinar, our presenters:
• Identify the levels of physician leadership in your organization you can engage to drive improvement.
• Pinpoint the types of data and information of most interest to physician leaders.
• Propose several ways data to use data to engage physicians in leading improvement work.
• Help you develop at least one mechanism you can use to better engage physicians in improvement work at your organization.
How to Eliminate the Burden of Provider Quality Measurement: Able HealthHealth Catalyst
Quality measurement is complicated by incomplete data, calculations, visualizations, and workflows. As a result, quality measurement is a significant burden for medical groups. In fact, research that Health Affairs published in 2016 quantified the burden as 785 hours per provider per year.
That's why Health Catalyst is excited to introduce Able Health, the only quality measures solution that’s truly complete.
In this webinar, you’ll learn how Able Health combines all data, measures, visualizations, and workflows (monitor, improve, and submit) into one complete solution. Eliminating the complexity, and therefore the burden, of provider quality measurement means you spend more time improving performance and less time managing data.
You’ll also learn how each of the three core components of the Able Health solution makes more efficient quality measurement possible:
-Measures engine—calculates performance for all provider quality measures for all payer programs using every available data element.
-Performance dashboard—visualizes all performance metrics for daily tracking, prioritization, and internal reporting for all stakeholders, especially physicians.
-Submission engine—submits compliant data to payers.
Clinical Decision Support: Driving the Last MileHealth Catalyst
Self-driving cars have become the most visible form of computer-aided decision support in society. What can we learn from these innovations—both good and bad, technically and culturally—about computer-aided decision support for clinicians? The adoption of EHRs provided a foundation; what and how do we build on that foundation to help clinicians, and patients, benefit from meaningful, precise decision support?
Scott Weingarten, MD, MPH, and Dale Sanders explore clinical decision support in a joint webinar. Dr. Weingarten is recognized throughout the U.S. and international healthcare space as a physician and for his contributions to decision support, including his role in founding Zynx and Stanson Health. Dale brings a technologist’s viewpoint to the conversation, informed by his background in computer-aided decision support in the healthcare, military, and national intelligence sectors.
During this webinar, learn more about the following topics:
-How clinical decision support can improve the quality, safety, and value of care.
-How developments in the field of artificial intelligence will impact clinical decision support.
-The conceptual framework for digitizing an industry.Tradeoffs in artificial intelligence models between data volume and algorithm complexity.
-The approach to digitization in the automobile and aerospace industries.
-Shortcomings in current healthcare data.Future aspirations and plans for further digitization of healthcare.
COVID-19 Financial Recovery: The Effects of Shifting to Virtual CareHealth Catalyst
Many providers are focusing their COVID-19 financial recovery efforts on reinstating elective surgeries and ambulatory visits safely and effectively. However, an increasing number of providers are hastily shifting from ambulatory to virtual care without fully considering the financial implications. Shifting to virtual care may have unintended financial impact on many other facets of your business, including physician compensation, staffing needs, fixed assets, and more.
Dan Unger, Senior Vice President and General Manager of Financial Transformation Business at Health Catalyst, explores the financial implications of shifting from ambulatory to virtual care as part of your organization’s COVID-19 financial recovery strategy.
In this webinar, Dan discusses the following:
-Four phases of COVID-19 financial recovery.
-Current trends in outpatient volume.
-Key considerations when considering the shift from ambulatory to virtual care.
Congress Gave Hospitals and Providers $100B in the Coronavirus Stimulus Packa...Health Catalyst
The COVID-19 pandemic has caused immense financial strain on healthcare systems across the nation. As a result, Congress passed a $3 trillion stimulus package that includes $100 billion for hospitals and other healthcare providers. While this relief for healthcare organizations is much needed, it can also add confusion. What can organizations use these stimulus funds for? What are the risks and compliance requirements?
Bobbi Brown, Senior Vice President of Professional Services, and Dan Orenstein, General Counsel at Health Catalyst, discuss answers to these questions and more. With over thirty years of experience in healthcare financial planning and analysis, Bobbi shares her unique perspective on the stimulus package and how providers can use these funds in their recovery planning. Dan has over two decades of legal experience in healthcare and discusses the specifics of compliance requirements.
In this webinar, Bobbi and Dan address the following:
-Explain significant sections of the four laws passed, including the CARES Act.
-Review program details of the Provider Relief Fund.
-Explore the use of the funds and compliance with terms and conditions.
-Discuss policy changes to better prepare for healthcare emergencies.
Three Key Strategies for Healthcare Financial TransformationHealth Catalyst
To succeed in today’s rapidly evolving business environment, healthcare organizations must have accurate financial data. Approximately 50 percent of CMS payments are now tied to a value component; hospital operating margins are at an all-time low; and consumer demands are rising with their costs. In order to meet these new challenges, health systems must shift their strategy or risk being left behind. This article details the operational, organizational, and financial strategies that drive financial transformation, as well as examples of how to obtain and utilize financial data, find waste reduction opportunities, and much more.
Introducing the New Care Management Suite: A Comprehensive, Data-Driven ApproachHealth Catalyst
Because approximately 75 percent of U.S. healthcare costs are attributed to patients with chronic diseases, care management has emerged as a critical improvement strategy. Yet, fragmented workflows, incomplete data sources, and a lack of transparency into typical “black box” solutions leave care teams feeling frustrated and struggling to track success. These challenges are exacerbated in the dynamic, new normal of COVID-19.
Health Catalyst is pleased to introduce our new care management solution. Leveraging a transparent, data-informed approach, the Health Catalyst® Care Management Suite enables quick identification and response to the changing needs of patient populations.
In this webinar, we share the current state of the care management landscape and discuss trends from across the country that highlight risk model biases, the impacts of COVID-19, and the importance of evaluating program ROI. Our Care Management Suite has the capabilities and flexibility to adjust to the ever-changing health environment by identifying the most impactable patients, supporting the entire clinical care pathway, and optimizing program ROI and profitability.
During this webinar, we discuss how our solution does the following:
-Provides a rich, more comprehensive data set—including the ability to look across a wide variety of data sources combining clinical and claims data.
-Offers a patient-centric view—optimized for care management workflows.
-Supports a wide range of analytic capabilities—algorithm transparency and flexibility enabling users to confidently explain, demonstrate, and continuously optimize care management processes.
New Ways to Improve Hospital Flow with Predictive AnalyticsHealth Catalyst
Improving hospitalwide patient flow requires an appreciation of the hospital as an interconnected, interdependent system of care. Michael Thompson explores how Cedars-Sinai Medical Center used supervised machine learning to create predictive models for length of stay, emergency department (ED) arrivals, ED admissions, aggregate discharges, and total bed census and leveraged these models to reduce patient wait times and staff overtime and improve patient outcomes and patient and clinician satisfaction.
Learn more about the following topics:
• How to engage leaders up front with the goal of operationalizing analytics.
• What types of machine learning methods best support operationalizing analytics.
• How to operationalize machine learning-driven results to improve patient flow.
The Doctor’s Orders for Engaging Physicians to Drive ImprovementsHealth Catalyst
Physicians drive the majority of all quality and cost decisions, yet reimbursement pressures, competing time pressures, misaligned incentives, and a lack of credible data often make engaging clinicians in improvement work one of the biggest challenges in healthcare.
David Wild, MD, MBA, and Jack Beal, JD, explore how to spread data to the edges of the organization and engage physicians in leading a continuum of improvement across an entire organization.
During this webinar, our presenters:
• Identify the levels of physician leadership in your organization you can engage to drive improvement.
• Pinpoint the types of data and information of most interest to physician leaders.
• Propose several ways data to use data to engage physicians in leading improvement work.
• Help you develop at least one mechanism you can use to better engage physicians in improvement work at your organization.
How to Eliminate the Burden of Provider Quality Measurement: Able HealthHealth Catalyst
Quality measurement is complicated by incomplete data, calculations, visualizations, and workflows. As a result, quality measurement is a significant burden for medical groups. In fact, research that Health Affairs published in 2016 quantified the burden as 785 hours per provider per year.
That's why Health Catalyst is excited to introduce Able Health, the only quality measures solution that’s truly complete.
In this webinar, you’ll learn how Able Health combines all data, measures, visualizations, and workflows (monitor, improve, and submit) into one complete solution. Eliminating the complexity, and therefore the burden, of provider quality measurement means you spend more time improving performance and less time managing data.
You’ll also learn how each of the three core components of the Able Health solution makes more efficient quality measurement possible:
-Measures engine—calculates performance for all provider quality measures for all payer programs using every available data element.
-Performance dashboard—visualizes all performance metrics for daily tracking, prioritization, and internal reporting for all stakeholders, especially physicians.
-Submission engine—submits compliant data to payers.
Clinical Decision Support: Driving the Last MileHealth Catalyst
Self-driving cars have become the most visible form of computer-aided decision support in society. What can we learn from these innovations—both good and bad, technically and culturally—about computer-aided decision support for clinicians? The adoption of EHRs provided a foundation; what and how do we build on that foundation to help clinicians, and patients, benefit from meaningful, precise decision support?
Scott Weingarten, MD, MPH, and Dale Sanders explore clinical decision support in a joint webinar. Dr. Weingarten is recognized throughout the U.S. and international healthcare space as a physician and for his contributions to decision support, including his role in founding Zynx and Stanson Health. Dale brings a technologist’s viewpoint to the conversation, informed by his background in computer-aided decision support in the healthcare, military, and national intelligence sectors.
During this webinar, learn more about the following topics:
-How clinical decision support can improve the quality, safety, and value of care.
-How developments in the field of artificial intelligence will impact clinical decision support.
-The conceptual framework for digitizing an industry.Tradeoffs in artificial intelligence models between data volume and algorithm complexity.
-The approach to digitization in the automobile and aerospace industries.
-Shortcomings in current healthcare data.Future aspirations and plans for further digitization of healthcare.
Reviewing the Healthcare Analytics Adoption Model: A Roadmap and Recipe for A...Health Catalyst
Dale Sanders provides an update on the Healthcare Analytics Adoption Model. Dale published the first version of this model in 2002, calling it the Analytics Capability Maturity Model. The three intentions at that time are the same as they are today: 1) Provide healthcare leaders with a clear roadmap for the progression of analytic maturity in their organization. 2) Provide vendors with a roadmap to meet the analytic needs of clients. 3) Create a common framework to benchmark the progressive adoption of analytics at the industry level.
In 2012, Dale co-published a new version of the Model with Dr. Denis Protti, rebranding it the Healthcare Analytics Adoption Model and purposely borrowing from the widespread adoption of the EMR Adoption Model (EMRAM) published and supported by HIMSS. In 2015, Dale transferred the model under a creative commons copyright to HIMSS to create a vendor-independent industry standard that is now widely applied to support the original three intentions. He continues to collaborate with HIMSS to progress the Model.
During this webinar, Dale:
-Reviews the current state of the Health Catalyst Model, including recent changes that advocate a ninth level—direct-to-patient analytics and AI.
-Shares his observations of maturity in the market.
-Provides an update on the current state of the HIMSS Adoption Model for Analytic Maturity.
Katherine Howell, MBA, BSN, RN, NEA-BC, Senior Vice President and Chief Nurse Executive, Saint Luke's Health System - Presentation delivered at the marcus evans National Healthcare CNO Summit 2016 held in Las Vegas, NV
Care Management Part 2 - A Critical Component of Effective Population HealthHealth Catalyst
Care management plays a central role in the world of value-based reimbursements, at-risk contracts, and population health management. Such programs require high-touch and resource-intensive care as teams work to deliver on the substantial promise of delivering patient care improvements while reducing costs.
Why Accurate Financial Data is Critical for Successful Value TransformationHealth Catalyst
Approximately 50 percent of CMS payments are now tied to a value component. The CMS Innovation Center has allocated nearly $5.4 billion to implement 37 value-based payment models, with 55 percent of those funds marked for development and implementation of additional value-based models. The shift towards value and consumerism is pushing providers to adopt a novel financial mindset and strategy. The key component? Accurate financial data.
In this webinar Steve Vance, senior vice president and executive advisor at Health Catalyst, explores why accurate financial data, coupled with specific tools and strategies, is critical for successful transformation.
View this webinar for key insights into thriving in a value-based environment:
- Why it’s time to embrace new payment methodologies.
- What role financial and clinical data play in value- and risk-based contracts.
- Various organizational and operational strategies for successful financial transformation.
- How Health Catalyst solutions support an innovative data-driven financial process.
COVID-19 Capacity Planning Tool Live Demo and Q&AHealth Catalyst
COVID-19 has created unprecedented strain on hospital capacity and resources. For some of you, you’re already over capacity; for the rest, you know capacity challenges are coming. We are in uncharted territory, all trying to do what we can to help.
In our attempt to help healthcare systems weather the storm, we created the Capacity Planning Tool to address capacity needs throughout your healthcare system—for COVID-19 and all your other patients. We started with the Penn Med Epidemic Model and added capacity planning, starting with the scarcest resources—beds and ventilators—and then we’ll focus on the dramatic increase in the need for PPE, other respiratory equipment, and staffing.
We have already made the Capacity Planning Tool available to everyone (the tool can be found here: https://www.healthcatalyst.com/covid1...). In this session, our experts explain the tool and how it’s best leveraged.
In this demo the topics we cover include:
- What the Capacity Planning Tool is
- How the tool will evolve
- How you can use the tool
- How to get additional help if needed
- Live Q&A session with our experts
Making Quality Your Core Business Strategy: A Foundational ElementHealth Catalyst
W. Edwards Deming, the father of quality improvement, defined “waste” as any circumstance in which a quality failure increases operating costs. The latest fully comprehensive study on waste from the National Academy of Medicine in 2010 used Deming’s approach to conclude that “a minimum of 30%, and probably over 50%, of all money spent on health care delivery is waste.” That means that quality-associated waste dominates all other financial performance strategies within health care delivery. It links directly to pay-for-value and other provider-at-risk payment. The path to financial success runs through clinical excellence.
Improving quality to remove waste and improve financial performance requires clinical change. At its best and most effective, strong clinical change leadership links directly to the values and culture of the healing professions. One critical, early step in driving quality as a core business strategy is creating a cadre of leaders, spread through all levels of an organization, who have a deep understanding of care delivery science. These leaders are the key vehicle for culture change, quality improvements in daily operations, and long-term organizational success.
View this webinar with Brent James, MD, MStat to hear him discuss proven methods to create and maintain just that sort of clinical change leadership.
What do big data and advanced analytics mean for healthcare? This question was answered during the Georgia Society of CPAs (GSCPA) 2015 Healthcare Conference, February 6, at the Cobb Galleria Centre in Atlanta, GA. PYA Principal Marty Brown and PYA Analytics President & CEO Brian Worley presented “Big Data Applications in Healthcare.”
Three Data-Informed Ways to Drive Optimal Pediatric CareHealth Catalyst
Pediatric care has unique challenges, such as communicating with young patients through a parent or guardian and assessing pain levels with children. To overcome these challenges, organizations can rely on operational data to target pediatric improvement areas that lead to lower costs and higher profit margins.
Leveraging operational data—instead of focusing solely on pediatric outcomes data—can reveal opportunities for health systems to improve pediatric patient access and, in turn, increase revenue. Organizations can deliver higher quality pediatric care while increasing profits by implementing three data-informed strategies:
1. Maximize space utilization.
2. Improve patient scheduling.
3. Implement virtual care.
The Evolving Role of the Compliance Officer in the Age of Accountable CarePYA, P.C.
Much has been written about new competencies physicians must develop in the face of payment and delivery system reform. But providers are not the only ones seeing their roles change. Compliance officers, who serve as organizations’ internal police officers, will have many new challenges. PYA Principal Martie Ross presented a national Health Care Compliance Association (HCCA) webinar entitled “The Evolving Role of the Compliance Officer In the Age of Accountable Care.”
Steps for Effective Patient and Staff Contact Tracing to Defend Against COVID...Health Catalyst
While the world waits for a vaccine or effective treatment for COVID-19, managing disease spread is paramount. For health systems, patient and staff contact tracing is one of the top transmission-control strategies. Because the virus appears to spread mainly through respiratory droplets from person-to-person contact, knowing where infected individuals have been and with whom they’ve been in contact is an essential capability. With this insight, organizations can manage transmission with data-driven emergency planning and monitoring capabilities. The resulting appropriate and timely workflow modifications will serve disease control efforts during the 2020 pandemic and help health systems prepare for future outbreaks.
For more information contact: Slideshare@marcusevans.com
Presentation delivered by Donna Medina, Regional Director,OSF Hospice and Homecare Foundation at the marcus evans Home Care Leadership Summit held on July 13 & 14 2015 in Palm Beach FL.
Why Health Systems Must Use Data Science to Improve OutcomesHealth Catalyst
In today’s improvement-driven healthcare environment, organizations must ensure that improvement measures help them reach desired outcomes and focus on the opportunities with optimal ROI. With data science-based analysis, health systems leverage machine learning to determine if improvement measures align with specific outcomes and avoid the risk and cost of carrying out interventions that are unlikely to support their goals.
There are four essential reasons that insights from data science help health systems implement and sustain improvement:
Measures aligned with desired outcomes drive improvement.
Improvement teams focus on processes they can impact.
Outcome-specific interventions might impact other outcomes.
Identifies opportunities with optimal ROI.
Healthcare Reform and Physician Compensation— Presentation Examines What’s in...PYA, P.C.
Among the many questions facing physicians in the wake of healthcare reform—how will they get paid? PYA Principal David McMillan recently addressed this question at the PKF Healthcare Fly-In with “Current Reform Initiatives and Their Impact on Physician Compensation.”
ICD-10 Is Really Here: What Does That Mean To Compliance Officers?PYA, P.C.
PYA Principal Denise Hall presented “ICD-10 Is REALLY Here: What Does that Mean to Compliance Officers?” at the THA 2015 Fall Compliance Conference. The presentation helps providers get “in tune” with the latest in ICD-10 compliance:
* A brief discussion of ICD-10 and its impact on healthcare.
* Compliance risks with the transition to the ICD-10 system.
* Mitigation of compliance risk and denial activities during and post-implementation.
* ICD-10’s impact on value-based purchasing and quality-based payment models.
Transform Your Labor Cost Management Strategy: Introducing the Health Catalys...Health Catalyst
Labor costs encompass nearly 60 percent of the typical healthcare budget and are growing faster than healthcare systems can afford. COVID-19 responses only exacerbated this financial pressure. Controlling escalating labor costs means eliminating waste and using data to find where budgeted staffing hours exceed or fall short of patient needs. Most organizations have the wrong tools to understand labor demands and instead try to guess future patient volumes and staffing needs by using retrospective data that lacks timeliness.
The Health Catalyst PowerLabor application leverages augmented intelligence (AI)-powered forecasting capabilities to deliver accurate labor data to operational leaders. With timely workforce insight, health systems can close the gap between staff budgeting and future patient volumes, control labor expenses, and track progress toward budget and staffing targets.
Join John Hansmann, Senior Vice President of Strategic Consulting Operations at Health Catalyst, and Sean Latimer, Senior Director of Product Management at Health Catalyst, as they demonstrate how PowerLabor can help your organization increase productivity while ensuring resources for excellent patient care.
What You’ll Learn About PowerLabor:
• View Comprehensive Labor Data in One Place: Department and unit managers can analyze labor costs with an integrated view of all labor productivity data, including cost and hours, by system, location, department, team, and job role in one location.
• Proactively Schedule to Volume: With a complete view of categorized labor hours in relation to costs (e.g., contracts, premiums, overtime, and staffing mix), decision makers can easily identify labor trends, comparisons, and rollups across departments to accurately predict labor needs, plan for changes in staffing, and optimize staff to patient ratios.
• Drive Adoption with Expert Guidance: To maximize the PowerLabor application, Health Catalyst experts help categorize and refine data through an initial assessment and data integration from multiple data sources (e.g., EMR, billing, HR/payroll, time and attendance, and general ledger). Our implementation teams also provide train-the-trainer sessions to drive the most effective adoption.
Activity-Based Costing in Healthcare During COVID-19: Meeting Four Critical N...Health Catalyst
As health systems increasingly transition to a value-based care model, the financial strains and uncertainty of COVID-19 have placed more urgency on cost management. More than ever, organizations need a costing solution that helps them understand the true value of their services. With the right next-generation activity-based costing (ABC) tool, health systems can access the detailed data they need to lower the cost of care, automate costing activities, and reduce administrative costs while preparing for the mounting intricacy of the post-pandemic setting.
Activity-based costing meets healthcare’s complex COVID-19-era costing needs by addressing four big challenges:
Data management.
Scalability.
Ongoing maintenance.
Adoption.
The Heartaches Associated with Billing for Cardiac DevicesPYA, P.C.
PYA Principal Denise Hall-Gaulin and Consulting Manager Joanna Malcolm presented a free webinar for the Georgia chapter of the Healthcare Financial Management Association, on Tuesday, December 6, 2016.
The presentation was geared toward C-suite hospital leaders, compliance officers, in-house counsel, operational leaders, and patient accounting leadership, and covered:
The criteria for implantable cardioverter defibrillators (ICDs), pacemakers, and other devices
The documentation requirements for payment
The prerequisites for a clean audit
Revenue Leakage in Revenue Cycle Management .pdfalicecarlos1
Don't let Revenue Leakage drain your profits! Explore our carousel to uncover the critical concerns, common causes, and effective strategies for safeguarding your financial health in physician groups and hospitals.
Connect with Medical Billers and Coders for expert assistance.: https://shorturl.at/qxUX0
#HealthcareFinance #RevenueCycleManagement #FinancialWellness #RevenueLeakage #RevenueLeakage #RevenueCycle #HealthcareFinance #MedicalBilling #FinancialStability #PhysicianGroups #Hospitals #HealthcareManagement #StreamlinedProcesses #DataAnalytics #MaximizeRevenue
Learn how to identify and track indicators of your company's financial health. Dave Justus, Kareo's Chief Financial Officer, and Ted Stack, founder of Falcon Capital Partners, will discuss the key performance benchmarks and insights you should pay attention to when working to optimize your billing company business.
Reviewing the Healthcare Analytics Adoption Model: A Roadmap and Recipe for A...Health Catalyst
Dale Sanders provides an update on the Healthcare Analytics Adoption Model. Dale published the first version of this model in 2002, calling it the Analytics Capability Maturity Model. The three intentions at that time are the same as they are today: 1) Provide healthcare leaders with a clear roadmap for the progression of analytic maturity in their organization. 2) Provide vendors with a roadmap to meet the analytic needs of clients. 3) Create a common framework to benchmark the progressive adoption of analytics at the industry level.
In 2012, Dale co-published a new version of the Model with Dr. Denis Protti, rebranding it the Healthcare Analytics Adoption Model and purposely borrowing from the widespread adoption of the EMR Adoption Model (EMRAM) published and supported by HIMSS. In 2015, Dale transferred the model under a creative commons copyright to HIMSS to create a vendor-independent industry standard that is now widely applied to support the original three intentions. He continues to collaborate with HIMSS to progress the Model.
During this webinar, Dale:
-Reviews the current state of the Health Catalyst Model, including recent changes that advocate a ninth level—direct-to-patient analytics and AI.
-Shares his observations of maturity in the market.
-Provides an update on the current state of the HIMSS Adoption Model for Analytic Maturity.
Katherine Howell, MBA, BSN, RN, NEA-BC, Senior Vice President and Chief Nurse Executive, Saint Luke's Health System - Presentation delivered at the marcus evans National Healthcare CNO Summit 2016 held in Las Vegas, NV
Care Management Part 2 - A Critical Component of Effective Population HealthHealth Catalyst
Care management plays a central role in the world of value-based reimbursements, at-risk contracts, and population health management. Such programs require high-touch and resource-intensive care as teams work to deliver on the substantial promise of delivering patient care improvements while reducing costs.
Why Accurate Financial Data is Critical for Successful Value TransformationHealth Catalyst
Approximately 50 percent of CMS payments are now tied to a value component. The CMS Innovation Center has allocated nearly $5.4 billion to implement 37 value-based payment models, with 55 percent of those funds marked for development and implementation of additional value-based models. The shift towards value and consumerism is pushing providers to adopt a novel financial mindset and strategy. The key component? Accurate financial data.
In this webinar Steve Vance, senior vice president and executive advisor at Health Catalyst, explores why accurate financial data, coupled with specific tools and strategies, is critical for successful transformation.
View this webinar for key insights into thriving in a value-based environment:
- Why it’s time to embrace new payment methodologies.
- What role financial and clinical data play in value- and risk-based contracts.
- Various organizational and operational strategies for successful financial transformation.
- How Health Catalyst solutions support an innovative data-driven financial process.
COVID-19 Capacity Planning Tool Live Demo and Q&AHealth Catalyst
COVID-19 has created unprecedented strain on hospital capacity and resources. For some of you, you’re already over capacity; for the rest, you know capacity challenges are coming. We are in uncharted territory, all trying to do what we can to help.
In our attempt to help healthcare systems weather the storm, we created the Capacity Planning Tool to address capacity needs throughout your healthcare system—for COVID-19 and all your other patients. We started with the Penn Med Epidemic Model and added capacity planning, starting with the scarcest resources—beds and ventilators—and then we’ll focus on the dramatic increase in the need for PPE, other respiratory equipment, and staffing.
We have already made the Capacity Planning Tool available to everyone (the tool can be found here: https://www.healthcatalyst.com/covid1...). In this session, our experts explain the tool and how it’s best leveraged.
In this demo the topics we cover include:
- What the Capacity Planning Tool is
- How the tool will evolve
- How you can use the tool
- How to get additional help if needed
- Live Q&A session with our experts
Making Quality Your Core Business Strategy: A Foundational ElementHealth Catalyst
W. Edwards Deming, the father of quality improvement, defined “waste” as any circumstance in which a quality failure increases operating costs. The latest fully comprehensive study on waste from the National Academy of Medicine in 2010 used Deming’s approach to conclude that “a minimum of 30%, and probably over 50%, of all money spent on health care delivery is waste.” That means that quality-associated waste dominates all other financial performance strategies within health care delivery. It links directly to pay-for-value and other provider-at-risk payment. The path to financial success runs through clinical excellence.
Improving quality to remove waste and improve financial performance requires clinical change. At its best and most effective, strong clinical change leadership links directly to the values and culture of the healing professions. One critical, early step in driving quality as a core business strategy is creating a cadre of leaders, spread through all levels of an organization, who have a deep understanding of care delivery science. These leaders are the key vehicle for culture change, quality improvements in daily operations, and long-term organizational success.
View this webinar with Brent James, MD, MStat to hear him discuss proven methods to create and maintain just that sort of clinical change leadership.
What do big data and advanced analytics mean for healthcare? This question was answered during the Georgia Society of CPAs (GSCPA) 2015 Healthcare Conference, February 6, at the Cobb Galleria Centre in Atlanta, GA. PYA Principal Marty Brown and PYA Analytics President & CEO Brian Worley presented “Big Data Applications in Healthcare.”
Three Data-Informed Ways to Drive Optimal Pediatric CareHealth Catalyst
Pediatric care has unique challenges, such as communicating with young patients through a parent or guardian and assessing pain levels with children. To overcome these challenges, organizations can rely on operational data to target pediatric improvement areas that lead to lower costs and higher profit margins.
Leveraging operational data—instead of focusing solely on pediatric outcomes data—can reveal opportunities for health systems to improve pediatric patient access and, in turn, increase revenue. Organizations can deliver higher quality pediatric care while increasing profits by implementing three data-informed strategies:
1. Maximize space utilization.
2. Improve patient scheduling.
3. Implement virtual care.
The Evolving Role of the Compliance Officer in the Age of Accountable CarePYA, P.C.
Much has been written about new competencies physicians must develop in the face of payment and delivery system reform. But providers are not the only ones seeing their roles change. Compliance officers, who serve as organizations’ internal police officers, will have many new challenges. PYA Principal Martie Ross presented a national Health Care Compliance Association (HCCA) webinar entitled “The Evolving Role of the Compliance Officer In the Age of Accountable Care.”
Steps for Effective Patient and Staff Contact Tracing to Defend Against COVID...Health Catalyst
While the world waits for a vaccine or effective treatment for COVID-19, managing disease spread is paramount. For health systems, patient and staff contact tracing is one of the top transmission-control strategies. Because the virus appears to spread mainly through respiratory droplets from person-to-person contact, knowing where infected individuals have been and with whom they’ve been in contact is an essential capability. With this insight, organizations can manage transmission with data-driven emergency planning and monitoring capabilities. The resulting appropriate and timely workflow modifications will serve disease control efforts during the 2020 pandemic and help health systems prepare for future outbreaks.
For more information contact: Slideshare@marcusevans.com
Presentation delivered by Donna Medina, Regional Director,OSF Hospice and Homecare Foundation at the marcus evans Home Care Leadership Summit held on July 13 & 14 2015 in Palm Beach FL.
Why Health Systems Must Use Data Science to Improve OutcomesHealth Catalyst
In today’s improvement-driven healthcare environment, organizations must ensure that improvement measures help them reach desired outcomes and focus on the opportunities with optimal ROI. With data science-based analysis, health systems leverage machine learning to determine if improvement measures align with specific outcomes and avoid the risk and cost of carrying out interventions that are unlikely to support their goals.
There are four essential reasons that insights from data science help health systems implement and sustain improvement:
Measures aligned with desired outcomes drive improvement.
Improvement teams focus on processes they can impact.
Outcome-specific interventions might impact other outcomes.
Identifies opportunities with optimal ROI.
Healthcare Reform and Physician Compensation— Presentation Examines What’s in...PYA, P.C.
Among the many questions facing physicians in the wake of healthcare reform—how will they get paid? PYA Principal David McMillan recently addressed this question at the PKF Healthcare Fly-In with “Current Reform Initiatives and Their Impact on Physician Compensation.”
ICD-10 Is Really Here: What Does That Mean To Compliance Officers?PYA, P.C.
PYA Principal Denise Hall presented “ICD-10 Is REALLY Here: What Does that Mean to Compliance Officers?” at the THA 2015 Fall Compliance Conference. The presentation helps providers get “in tune” with the latest in ICD-10 compliance:
* A brief discussion of ICD-10 and its impact on healthcare.
* Compliance risks with the transition to the ICD-10 system.
* Mitigation of compliance risk and denial activities during and post-implementation.
* ICD-10’s impact on value-based purchasing and quality-based payment models.
Transform Your Labor Cost Management Strategy: Introducing the Health Catalys...Health Catalyst
Labor costs encompass nearly 60 percent of the typical healthcare budget and are growing faster than healthcare systems can afford. COVID-19 responses only exacerbated this financial pressure. Controlling escalating labor costs means eliminating waste and using data to find where budgeted staffing hours exceed or fall short of patient needs. Most organizations have the wrong tools to understand labor demands and instead try to guess future patient volumes and staffing needs by using retrospective data that lacks timeliness.
The Health Catalyst PowerLabor application leverages augmented intelligence (AI)-powered forecasting capabilities to deliver accurate labor data to operational leaders. With timely workforce insight, health systems can close the gap between staff budgeting and future patient volumes, control labor expenses, and track progress toward budget and staffing targets.
Join John Hansmann, Senior Vice President of Strategic Consulting Operations at Health Catalyst, and Sean Latimer, Senior Director of Product Management at Health Catalyst, as they demonstrate how PowerLabor can help your organization increase productivity while ensuring resources for excellent patient care.
What You’ll Learn About PowerLabor:
• View Comprehensive Labor Data in One Place: Department and unit managers can analyze labor costs with an integrated view of all labor productivity data, including cost and hours, by system, location, department, team, and job role in one location.
• Proactively Schedule to Volume: With a complete view of categorized labor hours in relation to costs (e.g., contracts, premiums, overtime, and staffing mix), decision makers can easily identify labor trends, comparisons, and rollups across departments to accurately predict labor needs, plan for changes in staffing, and optimize staff to patient ratios.
• Drive Adoption with Expert Guidance: To maximize the PowerLabor application, Health Catalyst experts help categorize and refine data through an initial assessment and data integration from multiple data sources (e.g., EMR, billing, HR/payroll, time and attendance, and general ledger). Our implementation teams also provide train-the-trainer sessions to drive the most effective adoption.
Activity-Based Costing in Healthcare During COVID-19: Meeting Four Critical N...Health Catalyst
As health systems increasingly transition to a value-based care model, the financial strains and uncertainty of COVID-19 have placed more urgency on cost management. More than ever, organizations need a costing solution that helps them understand the true value of their services. With the right next-generation activity-based costing (ABC) tool, health systems can access the detailed data they need to lower the cost of care, automate costing activities, and reduce administrative costs while preparing for the mounting intricacy of the post-pandemic setting.
Activity-based costing meets healthcare’s complex COVID-19-era costing needs by addressing four big challenges:
Data management.
Scalability.
Ongoing maintenance.
Adoption.
The Heartaches Associated with Billing for Cardiac DevicesPYA, P.C.
PYA Principal Denise Hall-Gaulin and Consulting Manager Joanna Malcolm presented a free webinar for the Georgia chapter of the Healthcare Financial Management Association, on Tuesday, December 6, 2016.
The presentation was geared toward C-suite hospital leaders, compliance officers, in-house counsel, operational leaders, and patient accounting leadership, and covered:
The criteria for implantable cardioverter defibrillators (ICDs), pacemakers, and other devices
The documentation requirements for payment
The prerequisites for a clean audit
Revenue Leakage in Revenue Cycle Management .pdfalicecarlos1
Don't let Revenue Leakage drain your profits! Explore our carousel to uncover the critical concerns, common causes, and effective strategies for safeguarding your financial health in physician groups and hospitals.
Connect with Medical Billers and Coders for expert assistance.: https://shorturl.at/qxUX0
#HealthcareFinance #RevenueCycleManagement #FinancialWellness #RevenueLeakage #RevenueLeakage #RevenueCycle #HealthcareFinance #MedicalBilling #FinancialStability #PhysicianGroups #Hospitals #HealthcareManagement #StreamlinedProcesses #DataAnalytics #MaximizeRevenue
Learn how to identify and track indicators of your company's financial health. Dave Justus, Kareo's Chief Financial Officer, and Ted Stack, founder of Falcon Capital Partners, will discuss the key performance benchmarks and insights you should pay attention to when working to optimize your billing company business.
Running Head FINANCIAL AND OPERATIONAL RISK5F.docxcowinhelen
Running Head: FINANCIAL AND OPERATIONAL RISK 5
Financial and Operational Risk
Rasmussen College
Amanda McCauley
Author Note
This paper is being submitted on January 22, 2017 for William Tipton’s ACG3205 Risk Management for Accountants course.
Module 3 Course Project
Risk Area
Level of Risk
Strategy (Assume, Mitigate, or Transfer)
Medical Errors
High
Medical errors includes wrong dosage, deaths of patients due to poor handling or treatment as well as using wrong method of treating patients that lead to another medical conditions (Highland Risk Services, 2014). The medical errors cannot be mitigated by ensuring that error made by personnel is reduced. It entail employing competent personnel in the healthcare facilities.
Board Composition
Low
The composition of the Board matters since they help to over the operations of the organizations. Therefore, the composition should have personnel from other related industries to help make multi-disciplinary decisions (Sullivan, 2013). Therefore, the risk can be transferred by selecting a competent and qualified board.
Transportation- shortage of ambulances and other emergency vehicles
High
Transportation is cornerstone of the healthcare facilities as it can be a life saver. Therefore, the risks of shortage of emergency vehicles like ambulance should be mitigated as soon as possible to avoid deaths of patients caused by lack of transportations (Sullivan, 2013). Therefore, the strategy would be to mitigate it by buying or leasing enough vehicles for any emergency purposes.
High Inflation Rate
High
Health care facilities are expected to deliver health services regardless of the cost. The norm makes health care services to have high expenses that might outweigh the revenue (Highland Risk Services, 2014). The risk can be transferred by ensuring that there is sufficient revenue from patients, services, grants and donors.
References
Highland Risk Services. (2014). Risk Management for Healthcare Clinics. Retrieved from Highland Risk Services: http://www.highlandrisk.com/index.php?option=com_content&view=article&id=74:risk-management-for-healthcare-clinics&catid=7&Itemid=223
Sullivan, M. (2013). The Top Five Challenges Facing Today’s Hospitals. Retrieved from http://blog.schneider-electric.com/building-management/2013/10/17/top-five-challenges-facing-todays-hospitals/
Running Head: FINANCE
FINANCE 3
Financial Crisis
Walter Frazier
FIN 100
Professor Fatma Ahmad
January 22, 2017
Unfortunately, due to rapidly rising housing prices during the decade prior to 2006, many home buyers needed increasingly larger loans to make their real property purchases. For example, a $200,000 fixed-rate mortgage loan would result in a much higher monthly payment compared to a $100,000 loan. Rework the above financial calculator spread sheet solutions using a PV of – 200000. The resulting doubling of the monthly payment to $1,199.10 means that fewer potential home buyers could qualify for these ...
CMS Core Measures Compliance: Best Practices for Data Collection, Analysis and Reporting
For many hospitals, the primary challenge with the core measure program is not achieving quality standards, but complying with the complex, time-consuming reporting process and staying current with constantly changing regulations.
Hospital / Technology / Revenue / Business
This is the approach for success in terms of workflow, revenue, and technology effeciency in HIT (Healthcare Information Technology).
IQ from a QOE: Key Considerations When Performing a Quality of Earnings Analy...PYA, P.C.
Given the complexity of healthcare’s reimbursement environment, determining the quality of reported earnings during a transaction’s due-diligence process can prove challenging. In his presentation, “IQ from a QoE: Key Considerations When Performing a Quality of Earnings Analysis Involving Healthcare Entities,” PYA Pricipal Michael Ramey introduced key considerations when planning and performing effective QoE engagements for various healthcare entities.
Prepping for CCJR: Lessons Learned in Physician Alignment and Bundled PaymentsWellbe
With CMS’ recent announcement of its Comprehensive Care for Joint Replacement (CCJR) payment model and its plan to implement in seventy-five geographic areas, hospitals must be prepared to manage the entire episode of care from the time of surgery through ninety days after discharge. CCJR presents both opportunities and challenges for hospitals. In order to achieve success, organizations must manage their system of care delivery, ensure they are aligned with their physicians and post acute providers, and master the analytics necessary for driving high quality, low cost care.
MedAssets has worked with numerous providers to implement alignment models that bring hospitals and their physicians together, evaluate, identify, and implement changes to the care delivery system to improve quality and decrease cost across the continuum, and employ meaningful analytics for managing an episode of care.
Kevin Lieb, Senior Director for MedAssets’ Physician Alignment Solutions division, will share examples demonstrating how organizations have successfully implemented Episodes of Care. Mr. Lieb will also share examples from both hospital led and specialist led programs and provide lessons learned from these experiences.
This webinar will enable attendees to do the following:
• Identify alignment models within bundled payments and understand their applicability to your organization
• Understand the analytic capabilities necessary for success in a bundled payment environment
• Identify opportunities and strategies for cost reduction and quality improvement
About the Speaker:
Mr. Lieb has more than 20 years of healthcare-related experience focusing on quality improvement, market development and cost reduction initiatives for the hospital provider market. Mr. Lieb has worked for a number of well-known healthcare companies including GE Medical Systems, HCIA and LBA in Denver, Colorado. His responsibilities included healthcare consulting with a focus on process improvement and quality initiatives.
Chasing reimbursement is getting harder than ever for healthcare providers. Here, we listed a few techniques to improve revenue cycle management. Read now. https://www.mgsionline.com/revenue-cycle-management.html
From Chaos to Catalyst: Five Imperatives for HealthcareCognizant
COVID-19 could be the catalyst for lasting change throughout the industry—if providers and payers make the right moves to respond to ongoing waves of the virus, reset operating models and reimagine their future roles in a world reshaped by the pandemic.
HOSPITAL REGULATORY AGENCIES ScenarioScenario A local .docxwellesleyterresa
HOSPITAL REGULATORY AGENCIES Scenario
Scenario
A local hospital, which serves a population of approximately 250,000 citizens, has 400 beds for various
levels of patient acuity, along with an emergency room, testing labs, operating rooms, and the usual
ancillary services for a typical hospital of this size. The hospital administrator has met with the hospital’s
Vice President of Human Resources regarding some concerns regarding the recent Patient Protection
and Affordable Care Act (ACA) and its impact on the hospital.
The Vice President of Human Resources has briefed you on the employee-related provisions of the
new law. Although there are very few provisions that require the hospital to make significant changes
to policies and procedures, there is a concern about the number of agencies that now have an added
emphasis on the hospital providing high quality health care to the patients.
Vice President of Human Resources has also provided some additional information regarding how the
Department of Health and Human Services, Medicare, and Medicaid have increased their oversight of
all hospital operations, especially regarding the receipt of all due reimbursements. In fact, the hospital is
now required to demonstrate, qualitatively and quantitatively, that the hospital is spending at least 80% of
all reimbursements on patient treatments, etc., with the remaining 20% accounted for by administrative
costs and profits, if any. In addition, the hospital must show it is increasing the quality of patient
outcomes, along with demonstrating cost containment measures.
Considering the evolvement of the new government regulatory agency requirements for the hospital, the
hospital administrator has decided to add the new role of Vice President of Risk Management to the Vice
President of Human Resources’ existing job title and responsibilities.
As a result of this change, the Vice President of Human Resources now has to consider the following
questions:
Questions:
1. How does the Vice President of Human Resources stay abreast of current and future government
agency rulings that affect the hospital?
2. How are the medical coding and billing functions affected? What training and development are
needed?
3. How and where does the Vice President of Human Resources find methodologies for remaining in
compliance with the agencies?
4. Why did the hospital administrator choose the Vice President of Human Resources to perform these
new duties? Why not the Vice President of Accounting?
Assessment 2
San Pedro Industries
Presented below are selected accounts from the adjusted trial balance ($ Millions) for San Pedro Industries for June 30 of the current year.
Debit
Credit
Accounts Receivable—trade
$895
Building and Equipment
1425
Cash in bank—Operating
76
Interest Receivable
60
Installment receivables
120
Merchandise Inventory
100
Land
600
Notes receivable—Long term
475
Petty cash
12
Prepaid expenses current
46
Su ...
Since March, PYA experts have closely tracked and carefully evaluated the pandemic’s impact on employed physician compensation. During this complimentary one-hour webinar, PYA Principals Angie Caldwell and Martie Ross highlighted five immediate considerations for hospitals and health systems to manage the storm. They also explored five longer-term considerations impacting future planning.
This webinar took place Friday, July 24, 2020, at 11 a.m. EDT, and was held in conjunction with:
Dallas-Fort Worth Hospital Council
Florida Hospital Association
Kansas Hospital Association
Montana Hospital Association
Navigating the Revenue Management Cycle in Healthcare.docxdoctorsbackoffice4
The revenue management cycle in healthcare encompasses the end-to-end process of managing financial interactions, from patient encounters to reimbursement. This cycle involves various stages, including patient registration, eligibility verification, charge capture, claims submission, payment posting, and accounts receivable management.
Driving Value - Taking the Healthcare Revenue Cycle to the Next Level.pdfAGSHealth1
As hospitals and healthcare systems evolve to meet the needs of a growing and aging population, they find themselves struggling to remain financially healthy.
https://www.agshealth.com/blog/driving-value-taking-the-healthcare-revenue-cycle-to-the-next-level/
How 24-7 Medical Billing Services Enhanced Financial Performance By Transform...CharlieRobinson32
There are various revenue cycle management tasks that must be done, and each is critical to a center’s financial health. Even minor errors with one or more of an ASC’s revenue cycle processes can have serious short- and long-term consequences. Such consequences can range from payment delays and denials to lost payments and compliance challenges. Discover how 24/7 medical billing services improved financial performance by revolutionizing ASC billing.
The story of the Ohio-based ASC was on a similar track with the suffering of thousands of dollars while operating an ambulatory surgical center (ASC) and billing. Keeping in mind the urge to deal with the consequences, the client approached and outsourced ASC billing services of 24/7 Medical Billing Services.
Empowering ACOs: Leveraging Quality Management Tools for MIPS and BeyondHealth Catalyst
Join us as we delve into the crucial realm of quality reporting for MSSP (Medicare Shared Savings Program) Accountable Care Organizations (ACOs).
In this session, we will explore how a robust quality management solution can empower your organization to meet regulatory requirements and improve processes for MIPS reporting and internal quality programs. Learn how our MeasureAble application enables compliance and fosters continuous improvement.
Unlock the Secrets to Optimizing Ambulatory Operations Efficiency and Change ...Health Catalyst
Today’s healthcare leaders are seeking technology solutions to optimize efficiencies and improve patient care. However, without effective change management and strategies in place, healthcare leaders struggle to strategically improve patient flow, space, to strategically improve patient flow, space, and schedule management, and implement daily huddles. The role of technology in supporting operational efficiency and change management initiatives is inevitable.
During this webinar, attendees will learn how to optimize Ambulatory Operational Efficiencies and Change Management. Attendees will also learn about the importance of visual management boards in enhancing clinic performance and insights into effective change management approaches.
Patient expectations are rising, and organizations are continuously being asked to do more with less.
Additionally, the convergence of several significant emerging market and policy trends, economic uncertainty, labor force shortages, and the end of the COVID-19 public health emergency has created a unique set of challenges for healthcare organizations.
Attend this timely webinar to learn about new trends and their impact on key healthcare issues, such as patient engagement, migration to value-based care, analytics adoption, the use of alternative care sites, and data governance and management challenges.
During this webinar, we will discuss the complexities of AI, trends, and platforms in the industry. Dive deep into understanding the true essence of AI, exploring its potential, real-world use cases, and common misconceptions. Gain valuable insights into the latest technology trends impacting healthcare and discover strategies for maximizing ROI in your technology investments.
Explore the profound impact of data literacy on healthcare organizations and how it shapes the utilization of data and technology for transformative outcomes. Understand the top technology priorities for healthcare organizations and learn how to navigate the digital landscape effectively. Furthermore, simplify industry jargon by defining common data elements, fostering clearer communication and collaboration across stakeholders.
Finally, uncover the transformative potentials of platforms in healthcare and how they can revolutionize scalability, interoperability, and innovation within your organization. Don't miss this opportunity to gain invaluable insights from industry experts and stay ahead in the ever-evolving healthcare landscape. Reserve your spot now for an enlightening journey into the future of healthcare technology!
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.
2024 CPT® Updates (Professional Services Focused) - Part 3Health Catalyst
Each year the CPT code set undergoes significant changes. Physicians and their office staff need to be aware of the changes in order to ensure a smooth transition into 2024. Join us for a discussion of the new, deleted and revised CPT codes and associated guidelines for 2024. This presentation will focus on the changes to the CPT dataset and the associated work RVU value changes that impact professional service reporting.
During this complimentary webinar, we will empower you to correctly apply the new and revised codes and discuss the rationale behind this year’s changes. You will leave with an understanding of the financial implications of the changes on your practice.
2024 CPT® Code Updates (HIM Focused) - Part 2Health Catalyst
Each year the CPT code set and the HCPCS code set undergo significant changes, and your coding staff needs to be aware of the changes in order to ensure a smooth transition into 2024. Join us for a discussion of the new, deleted and revised CPT codes and associated guidelines for 2024. This is part two in a three-part series.
During these complimentary webinars, we will empower you to correctly apply the new and revised codes and discuss the rationale behind this year’s changes. This presentation will be geared towards hospital staff with a focus on the surgical section of the CPT book in addition to surgical Category III codes.
2024 CPT® Code Updates (CDM Focused) - Part 1Health Catalyst
Each year the CPT and the HCPCS code sets undergo significant changes, and your staff needs to be aware of the changes in order to ensure a smooth transition into 2024. Join us for a discussion of the new, deleted, and revised CPT codes and associated guidelines for 2024. This is part one in a three-part series, with a CDM focus.
During these complimentary webinars, we will empower you to correctly apply the new and revised codes and discuss the rationale behind this year’s changes. This presentation will be geared towards hospital staff with a focus on the non-surgical sections of the CPT book.
What’s Next for Hospital Price Transparency in 2024 and BeyondHealth Catalyst
The Centers for Medicare & Medicaid Services (CMS) published updates to the hospital price transparency requirements in the CY 2024 Outpatient Prospective Payment System (OPPS) Final Rule. The updates will be phased in over the next 14 months and include several significant changes including the use of a CMS-mandated template, a requirement for an affirmation statement from the hospital, and several new data elements. Join us to discover what changes are scheduled for implementation in 2024 and 2025 and how they’ll impact your facility.
During this complimentary 60-minute webinar, we’ll analyze the key provisions of the Price Transparency regulations and provide insights to help you prepare for the upcoming changes.
Automated Patient Reported Outcomes (PROs) for Hip & Knee ReplacementHealth Catalyst
What was once voluntary reporting will soon be made mandatory with penalties.
On July 1, 2024, all health systems will be required to collect Patient Reported Outcome Measures (PROM) as part of the Centers for Medicare & Medicaid Services (CMS) regulation for the following measures:
Hospital-Level, Risk Standardized Patient-Reported Outcomes Performance Measure (PRO-PM) Following Elective Primary Total Hip Arthroplasty (THA) and/or Total Knee Arthroplasty (TKA)
Hospital-Level Risk-Standardized Complication Rate (RSCR) Following Elective Primary THA/TKA
Are you equipped to handle these new requirements?
Mandatory data collection begins April 1, 2024, and failure to submit timely data can result in a 25 percent reduction in payments by Medicare.
Attend this webinar to learn how mobile engagement can empower your organization to meet this requirement.
2024 Medicare Physician Fee Schedule (MPFS) Final Rule UpdatesHealth Catalyst
According to the Centers for Medicare & Medicaid Services (CMS), the calendar year (CY) 2024 MPFS final rule was created to advance health equity and improve access to affordable healthcare. This webinar will cover the major policy updates of the MPFS final rule including updates to the telehealth services policy and remote monitoring services and enrollment of MFTs and MHCs as Medicare providers. The conversation will also cover policy changes on split (or shared) evaluation and management (E/M) visits, and the Appropriate Use Criteria (AUC) for Advanced Diagnostic Imaging.
What's Next for OPPS: A Look at the 2024 Final RuleHealth Catalyst
During this webinar, we’ll analyze the key provisions of the OPPS final rule and identify the significant changes for the coming year to help prepare your staff for compliance with the 2024 Medicare outpatient billing guidelines.
Insight into the 2024 ICD-10 PCS Updates - Part 2Health Catalyst
Prepare for mandatory ICD-10 PCS diagnosis code updates, which take effect on October 1, 2023. By attending this 60-minute educational session, medical coders and healthcare professionals will gain a comprehensive understanding of the changes to the 2024 ICD-10 procedure codes and their guidelines, enabling accurate and compliant coding for optimal billing and reimbursement.
Vitalware Insight Into the 2024 ICD10 CM Updates.pdfHealth Catalyst
Prepare for mandatory ICD-10 CM diagnosis code updates, which take effect on October 1, 2023. By attending this 60-minute educational session, medical coders and healthcare professionals will gain a comprehensive understanding of the changes to the 2024 ICD-10 diagnosis codes and their guidelines, along with major complication or comorbidity (MCC), complication or comorbidity (CC), and Medicare Severity Diagnosis Related Groups (MS-DRGs) classification changes. With this information, professionals can ensure accurate and compliant diagnosis coding for optimal billing and reimbursement.
Driving Value: Boosting Clinical Registry Value Using ARMUS SolutionsHealth Catalyst
Many hospitals today face a perfect storm of operational and financial challenges. With increasing competition from outpatient facilities and rising care costs negatively impacting budgets, now is the time to boost your clinical registry’s value. However, collecting and analyzing data can be time-consuming and costly without the right tools. During this webinar, we will share insights and best practices for increasing the value of registry participation and how it’s possible to reduce costs while improving outcomes using the ARMUS Product Suite.
Tech-Enabled Managed Services: Not Your Average OutsourcingHealth Catalyst
During this webinar you'll learn the following:
The importance of optimizing performance, reducing labor costs and sourcing talent given current market challenges.
Highlighting the need for a balanced approach to cost reduction.
How to reap the benefits of outsourcing (cost cutting, expertise, etc) while protecting yourself from the collateral damage that often comes with them.
This webinar will provide an in-depth review of the CPT/HCPCS code set changes that will be effective on July 1, 2023. The review will include additions and deletions to the CPT/HCPCS code set, revisions of code descriptors, payment changes, and rationale behind the changes.
How Managing Chronic Conditions Is Streamlined with Digital TechnologyHealth Catalyst
Chronic conditions across the United States are prevalent and continue to rise. Managing one or more chronic diseases can be very challenging for patients who may be overwhelmed or confused about their care plan and may not have access to the resources they need. At the same time, care teams are overburdened, making it difficult to provide the support these patients require to stay as healthy as possible. A new approach to chronic condition management leverages technology to enable organizations to scale high-quality care, identify gaps in care, provide personalized support, and monitor patients on an ongoing basis. Such streamlined management will result in better outcomes, reduced costs, and more satisfied patients.
COVID-19: After the Public Health Emergency EndsHealth Catalyst
In this fast-paced webinar, we will discuss the impact of the end of the public health emergency (PHE), including upcoming changes to the different flexibilities allowed during the PHE and the timeline for when these flexibilities will end. We’ll also cover coding changes and reimbursement updates.
Automated Medication Compliance Tools for the Provider and PatientHealth Catalyst
When it comes to sustaining patient health outcomes, compliance and adherence to medication regimens are critically important, especially as providers manage patients with complex care needs and multiple medications. But, with provider burnout and staffing shortages at an all-time high, an efficient solution is critical. The use of automated medication management workflows to decrease provider burnout, while improving both medication compliance and patient engagement, is the way forward.
COVID-19 PCR tests remain a critical component of safe and responsible travel in 2024. They ensure compliance with international travel regulations, help detect and control the spread of new variants, protect vulnerable populations, and provide peace of mind. As we continue to navigate the complexities of global travel during the pandemic, PCR testing stands as a key measure to keep everyone safe and healthy. Whether you are planning a business trip, a family vacation, or an international adventure, incorporating PCR testing into your travel plans is a prudent and necessary step. Visit us at https://www.globaltravelclinics.com/
For those battling kidney disease and exploring treatment options, understanding when to consider a kidney transplant is crucial. This guide aims to provide valuable insights into the circumstances under which a kidney transplant at the renowned Hiranandani Hospital may be the most appropriate course of action. By addressing the key indicators and factors involved, we hope to empower patients and their families to make informed decisions about their kidney care journey.
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CHAPTER 1 SEMESTER V - ROLE OF PEADIATRIC NURSE.pdfSachin Sharma
Pediatric nurses play a vital role in the health and well-being of children. Their responsibilities are wide-ranging, and their objectives can be categorized into several key areas:
1. Direct Patient Care:
Objective: Provide comprehensive and compassionate care to infants, children, and adolescents in various healthcare settings (hospitals, clinics, etc.).
This includes tasks like:
Monitoring vital signs and physical condition.
Administering medications and treatments.
Performing procedures as directed by doctors.
Assisting with daily living activities (bathing, feeding).
Providing emotional support and pain management.
2. Health Promotion and Education:
Objective: Promote healthy behaviors and educate children, families, and communities about preventive healthcare.
This includes tasks like:
Administering vaccinations.
Providing education on nutrition, hygiene, and development.
Offering breastfeeding and childbirth support.
Counseling families on safety and injury prevention.
3. Collaboration and Advocacy:
Objective: Collaborate effectively with doctors, social workers, therapists, and other healthcare professionals to ensure coordinated care for children.
Objective: Advocate for the rights and best interests of their patients, especially when children cannot speak for themselves.
This includes tasks like:
Communicating effectively with healthcare teams.
Identifying and addressing potential risks to child welfare.
Educating families about their child's condition and treatment options.
4. Professional Development and Research:
Objective: Stay up-to-date on the latest advancements in pediatric healthcare through continuing education and research.
Objective: Contribute to improving the quality of care for children by participating in research initiatives.
This includes tasks like:
Attending workshops and conferences on pediatric nursing.
Participating in clinical trials related to child health.
Implementing evidence-based practices into their daily routines.
By fulfilling these objectives, pediatric nurses play a crucial role in ensuring the optimal health and well-being of children throughout all stages of their development.
PET CT beginners Guide covers some of the underrepresented topics in PET CTMiadAlsulami
This lecture briefly covers some of the underrepresented topics in Molecular imaging with cases , such as:
- Primary pleural tumors and pleural metastases.
- Distinguishing between MPM and Talc Pleurodesis.
- Urological tumors.
- The role of FDG PET in NET.
ICH Guidelines for Pharmacovigilance.pdfNEHA GUPTA
The "ICH Guidelines for Pharmacovigilance" PDF provides a comprehensive overview of the International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use (ICH) guidelines related to pharmacovigilance. These guidelines aim to ensure that drugs are safe and effective for patients by monitoring and assessing adverse effects, ensuring proper reporting systems, and improving risk management practices. The document is essential for professionals in the pharmaceutical industry, regulatory authorities, and healthcare providers, offering detailed procedures and standards for pharmacovigilance activities to enhance drug safety and protect public health.
3. The Need for Change
Historical Perspective
Financial Impact of the Revenue
Cycle
What is Revenue Cycle Management?
Keys to Success
Looking Ahead
Questions
Agenda
44. The Healthcare Analytics Summit 2020 - Virtual
Visit hasummit.com
to register and
learn more
• Industry-Leading Keynote Speakers
• 22 Educational Breakout Sessions
• Analytics Walkabout, Networking, and More
• CME Accreditation for Clinicians
Sept. 1 – 3, 2020 (half-day sessions)
o Eric Topol, MD
o Amy P. Abernethy, MD, PhD
o Michael Dowling
o Brent C. James, MD, MStat
o Vice Admiral Raquel C. Bono, MD
o Sampson Davis, MD
o Laura Craft
o Ari Robicsek, MD
o Anita Pramoda
o Yonatan Adiri
o Sadiqa Mahmood