POS EMERGENCY DEPARTMENT COLLECTIONS

Slides:



Advertisements
Similar presentations
CHAA Examination Preparation
Advertisements

COLLECTIONS TIPS FOR COLLECTIONS Collect within 1 st 30 days. Designate a time to review accounts weekly. Follow up on past due accounts. Restate the.
IT in Healthcare IT Careers in Healthcare Emerging opportunities for IT professionals Prof. Vance Wilson Arizona State University.
© 2010 Wittenberg University Springfield, Ohio New Health Care Plan For Retirees Under 65 Effective Oct. 1, 2010.
2014 Health Savings Account Meeting June 25, 2014.
 We sell the goods on credit  Customers become debtors.  Some debtors may not be able to pay  When the business cannot collect back the money from.
Tad P. Fisher Executive Vice President Florida Academy of Family Physicians Patient Centered Medical Home A Medicaid Managed Care Alternative.
Overview of Medicare Policies Keith Williams & Associates, Inc.
Spontaneous Combustion: Making and sustaining change in Patient Access
Developing A Winning Education Program For Your Patient Access Team Terri Lombardi, CHAA Corporate Collections Manager Botsford HealthCare Michigan Alliance.
The New Fully Insured HRA “Two Card” Health Insurance Program Works And High Deductible Major Medical Plan.
Patient Access Intake Center
Your Health, Your Choice: Guide to the Marketplace Nykita Howell Health Insurance Navigator.
Copyright © 2008 Delmar Learning. All rights reserved. Chapter 18 Financial Management of the Medical Practice.
Chapter 4. Describe the history and evolution of health care information systems from the 1960s to the present. Identify the major advances in information.
Precision Practice Management, LLC the medical billing experts. 1 Successful Physician Practices.
Improving Collections and Staff Efficiencies Utah Intermountain NextGen Users Group Meeting May 14, 2014 Utah Intermountain NextGen Users Group Meeting.
State as a Model Employer Training Series Basics of Social Security Disability Benefits: Your First Step Towards Benefits Planning Youth Transition Toolkit.
David E. Berlad Vice President - Business Development National Healthcare Accounts October , 2013 Increase your Doctor’s Revenue Increase Patient.
HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices.
Customer Sensitive Collections Essential Self Pay Processes Presented by: Chuck Seviour 1.
REACH National Medicare Training Program Speaker Name Group Name Date.
Investing and Personal Finance
Florida ranks 3 rd in U.S. for the number of uninsured children. 42% of Florida’s children live in families 200% under FPL 40% of these are uninsured.
Hospital Corporation of America Rovi Das ACG
Implementing POS at LVHN The Ups and Downs Lynnette Clinton – Manager, Rev Cycle Systems Tricia DeBlass – Subject Matter Expert Stephanie Erwin – Systems.
Reason for Action After good progress from prior years, average weekly ED Point-of-Service cash collections has plateaued at $4,411 in 2013 (up marginally.
INTEGRITY | TEAMWORK | COMMITMENT | RESPECT | EXCELLENCE Chuck Seviour, VP – Revenue Cycle Consulting Three Phases of Modern Day Revenue Cycle Staff Training.
RCMS (Revenue Cycle Management System) Flow chart model
HOSPITALS ACROSS THE STATE……WHAT IS HAPPENING?.  UPFRONT COLLECTIONS?  BILL HOLD/ERROR?  SECONDARY CLAIMS?  RTP REPORTS?  BILLERS REAL KNOWLEDGE?
How Available is Healthcare Principles of Health Science.
Penn State Hershey Medical Center. Penn State Hershey Medical Center Outpatient Pre Arrival Services l Presenters n Mary Stephens, Manager, Inpatient.
Point of Service Collections Implement a standard process Michele Miller.
POINT OF SERVICE COLLECTIONS OUR JOURNEY Scripps Memorial Hospital Encinitas May 4, 2015 Bessie Bennett, Access Manager - SMHE.
1 Patient Access Management Leveraging Best Practices.
Next ETCH Confidentiality and HIPAA Annual Review What you need to know. The Privacy Rule 1.
Making Health Savings Accounts Work: Interoperable with Health Plans, Providers and Patients Steven S. Lazarus, PhD, CPEHR, CPHIT, FHIMSS September 27,
What if you were responsible for loss of tax exempt status at your hospital? Facilitator: John Osen, System Director of CBO, Aspirus.
1 South Carolina Medicaid Coordinated Care and Enrollment Counselors Programs.
©2007 NPAS1 Garett Jackson, CPA Segmenting Hospital Accounts Based on Likelihood of Payment Using Predictive Models.
Patient Balances Getting to the Root of the Problem.
5 1 A Prescription for Patient Receivables. Why do providers have such a hard time collecting from patients?  Because healthcare providers are in last.
1. The efficient management of finance is important to the success of an organisation. 2.
Professor Kristy K. Taylor.  Job Functions:  Roles and qualities of an Office Manager  Motivate and Mentoring Team Members  Certification  The Office.
Problem Even in times of national prosperity, too many Americans do not have easy access to quality healthcare and other basic services. When the economy.
CHAA Examination Preparation Encounter - Session III Pages University of Mississippi Medical Center.
Team Leader Training Employee Giving Campaign 2015.
Estimating Patient Financial Responsibility Keystone AAHAM - February 18, 2010.
Roundtable Discussion: Findings from the Florida Health Insurance Study, Phase II, Strategic Plan Discussion Agency for Health Care Administration University.
In-Reach Hospital Program In-Reach Hospital Program Coordinating Multiple Service Providers Rare Presentation Partnership between: South Central Human.
Building: Knowledge, Security, Confidence Setting Financial Goals FDIC Money Smart for Young Adults.
February 18, 2011 Results Delivered. Bottom Line. © 2011 MultiCare Consulting Services; Proprietary and Confidential Oregon HFMA Winter Conference ‘Trends.
Patient Financing in Today’s Market West Virginia HFMA Winter Educational Conference January 14, 2016 Penny Clair Director of Corporate Training – HealthFirst.
SMP JEOPARDY! The Administration on Aging Community’s Favorite Quiz Show.
Let’s Talk About Money & how make it makes cents!.
Health Care Reform (Medicare and Medicaid) Emily Ray Period 7.
Business Administration Unit 5 Financial Management Chapter 15 Financial Records in a Business.
Revenue Enhancements and Cost Reductions Sherry Jensen, MBA VP, Finance and Clinic Operations Halifax Regional Medical Center August 14, 2013 Sherry Jensen,
Basic Needs What are the most basic needs that we have as human beings? Food Shelter Health care?
BMED DEPARTMENT. what you want Do you know to be when you grow up?
An Orientation To Community Benefit: What Hospital Staff Need To Know.
“Denial Codes To Help Collect more Revenue and Increase Patient Satisfaction” April 5 th 2016.
DON’T BE IN DENIAL!. STEPS TO RESOLVE “DENIAL” Identification Reduction Avoidance.
Household-Centered Care Coordination
Using Healthcare Data to Inform Public Policy
Subsidized private insurance
Commonwealth of Virginia Health Information Technology
Life & Health Insurance Chapter 12
Life & Health Insurance
Presentation transcript:

POS EMERGENCY DEPARTMENT COLLECTIONS BRUCE SCHELLER, CPAM SOUTH FLORIDA AAHAM – PRESIDENT NATIONAL AAHAM CH. DEVELOPMENT CHAIR APPLE MEDICAL SERVICES – EVP BSCHELLERAPPLE@AOL.COM

CHANGING THE CULTURE OF THE COMMUNITY “NOBODY EVER ASKED ME FOR MONEY”

OBJECTIVES Identifying true F/C Self Pay Medicaid UCC Tracking/Reporting Psychology of Collecting

RESULTS OF A WELL THOUGHT OUT PLAN AND PROCESS Increase ED collections Increase Patient Satisfaction Increase Community Awareness Increase Clinical Participation Reduce Accounts moving to Bad Debt Getting Signatures while patient still in-house

CHAMPION THE CAUSE ADMINISTRATION REGISTRATION/PATIENT ACCESS PFS DEPARTMENT DOCS & NURSES SECURITY VOLUNTEERS WE NEED THE BUY-IN FROM ALL DEPARTMENTS! STRATEGIC AND COORDINATED EFFORT!

KEEP THE VALUE OF YOUR RECEIVABLES

UTILIZING TOOLS AND RESOURCES STAFF TRAINING INSURANCE VERIFICATION DATA SCRUB OF STATE DATABASES HOSPITAL COMPUTER SYSTEM NOTES PATIENT QUESTIONAIRE

TRACKING & COLLECTION REPORTING Number of Patients seen Number of Patients with amounts due Number of Patients with no money due Number of Patients paid Co-pays & Self Pay amounts due Co-pays & Self Pay amounts collected Totals

STAFF COLLECTION LOGS Employee name and date Account number Patient name C/P or S/P Amount due Remarks Amount Collected ED or Medicaid

SCRIPTING & FOLLOW-UP DESIGN PROPER TALK-OFF LETTERS FOR EACH SCENARIO BI-LINGUAL LETTERS BUSINESS CARDS “NOT A FINAL BILL” STAMP DOCUMENTATION ON SYSTEM RECONCILE – Receipts, money, credit cards, logs, notes, etc.

PSYCHOLOGY OF COLLECTING RESPECT COMPASSION UNDERSTANDING COMMONALITY EMPATHY HONESTY FLEXIBILITY CARING

WHY IS THIS IMPORTANT? 50% of hospital Bad Debt originates from the ED 20% of all ED patients are uninsured Under-Insured population fastest growing segment of those visiting the ED Low-premium/high deductible plans forcing people to gamble with their healthcare Up-front collecting accelerates cash flow and decreases bad debt Resources provide for new ED equipment and increased funding for additional clinical staff

QUESTIONS?