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Archbold Medical Center

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Presentation on theme: "Archbold Medical Center"— Presentation transcript:

1 Archbold Medical Center
Survival in 2012 and Beyond Lynne P. Byrd V.P. of Revenue Cycle, Archbold Medical Center

2 LEARNING OUTCOMES OF PRESENTATION
. ● Identify practical operation strategies for survival. ● Recognize pilots and specific programs that have yielded positive operation results. ● Compare operation perspectives from 4 hospital systems.

3 Key Areas of Focus for Revenue Cycle
5010 and ICD-10 Conversion Do you have a plan? Clinical Documentation Improvement Physician Education & Computer-Assisted coding Value Based Purchasing Performance = Reimbursement Career Ladders - Education is Key!! Staff development is essential to survival Denials Management Establish an effective process now Managed Care Contract Compliance Validate your reimbursement

4 5010 Conversion Key Transactions to validate and test by payer
●Eligibility – 270/271 Improved transactions Improved COB ●Electronic Claims - 837 ●Claims Status – 276/277 ●Authorizations - 278 ●Remittance Posting - 835 ●Know what your key payers are doing

5 ICD-10 Considerations What you need to be doing now……..
HIM Preparation - Coder Education plan early and provide LOTS! - Staffing and Productivity *Recruit now *Augment with Computer-assisted coding tools Clinical Documentation Improvement - Concurrent bedside - Improve physician documentation - Dedicated staff Cash Flow Protection - Reduce DNFC - Reduce DNFB - Reduce AR days - Clean up denials NOW To make room for the back log!

6 Clinical Documentation Improvement
Essential program for ICD-10 success ●Concurrent coding of the patient record at the bedside ●Clinical Documentation Specialist (CDS) RNs will work with physicians to complete the documentation needed in the patient’s record for final coding during the stay ●Medical Records staff will perform final coding ●Overall goal is ACCURACY of clinical record; and Improved QUALITY reporting → SOI and ROM index ●Documentation translates into proper reimbursement for care delivered

7 Value-Based Purchasing
Reimbursement Impacted by Performance CMS will withhold a percentage of reimbursement (excluding critical access hospitals) beginning with 1% in fiscal year 2013 and ramping up to 2% by 2017. They will then redistribute those dollars as incentive payments based on performance. 1st Baseline Period complete: July 1, 2009 – March 31, 2010 1st Performance Period: July 1, 2011 – March 31, 2012 2 Domains for now : Clinical Process (70% weight) & Patient Experience (30%) 3 on the way: Mortality, Hospital-acquired Conditions, Patient Safety

8 Value-Based Purchasing

9 Patient Financial Services
Career Ladders Staff development is a primary key to success Patient Access Patient Financial Services Driven by training and certifications 5 levels: Level 1 – HTH Pt Access Cert Level 2 – HTH Pt Access Spec Level 3 – HFMA CFC Level 4 – HFMA CPAR Level 5 – HFMA ACPAR Driven by experience, training, and certifications 5 levels: (under development) Level 1 – HTH Business office Level 2 – HFMA CPAR Level 3 and 4 - HFMA CFC/ACPAR depending on job code

10 Denials Management This is not new, but more important than ever……
ICD-10: estimates of 10-25% increase in government initial denials Imperative to have effective process in place now as pace will be accelerating Technical Denials are increasing from all payers

11 Validate Managed Care payments
Are your claims being re-priced by a non-contracted 3rd party? Validate your reimbursement Check for “silent PPO” activity Check for unauthorized discounts taken by contracted payers Watch for 3rd party “Re-pricers” being employed by self-insured companies Step 1 Create a Payment Matrix by Payer Step 2 Audit claims by Payer for correct payment Step 3 Identify patterns / Incorrect payments or repricing Step 4 Notify Payer and seek mass claims adjustment

12 LEARNING OUTCOMES OF PRESENTATION
. ● Identify practical operation strategies for survival. ● Recognize pilots and specific programs that have yielded positive operation results. ● Compare operation perspectives from 4 hospital systems.

13 QUESTIONS? lpbyrd@archbold.org Lynne Byrd VP, Revenue Management
Archbold Medical Center


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