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Hospital-based physicians encounter several challenges with revenue cycle management not typically experienced by office-based physicians. In addition, physician billing has been a major topic for physicians in outpatient settings. But, the hospital-based physician billing discussions have not been as pervasive. Learn more about Revenue Cycle Management by visiting http://www.pyramidhs.com/.
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Revenue Cycle Management
How Hospital-based Physicians Can Enhance Their Revenue Capture
Revenue Cycle Management
Hospital-based physicians encounter challenger with revenue cycle management not experienced by office-based physicians
Integration with the hospital patient accounting systems can create issues resulting in lost revenueS
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Revenue Cycle Management
Hospital-based physicians are: anesthesiologists, emergency physicians, hospitalists, radiologist, pathologists, neonatologist and others who treat patients in inpatient setting
For billing purposes, they often use a remotely located billing staff or outsourced company
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Revenue Cycle Management
Revenue Cycle Management Challenges for Hospital-Based Physicians These physicians use hospital’s
computer systems and if they work in more than one hospital, they use different systems
The disparate IT systems can increase complexity and make regular cycle management difficult
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Revenue Cycle Management
Revenue Cycle Management Challenges for Hospital-Based Physicians Hospital IT systems geared towards
enhancing hospital revenue, not professional fees for physicians
Paper based physicians documentation are more time-intensive to manage and more prone to errors
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Revenue Cycle Management
How to Improve Revenue Cycle Management for Hospital-Based Physicians Fee coding should be done
electronically to: enhance revenue cycle management; reduce risk of lost revenue; make charges for professional fees are more accurate; slashes time between incurring the charge and billing; prepares physicians for ICD-10 coding
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Revenue Cycle Management
How to Improve Revenue Cycle Management for Hospital-Based Physicians Use services of experienced
healthcare consultant to: improve processes; help transition from paper documentation to electronic health records
Healthcare solutions providers shorten revenue cycle by developing systems to electronically capture codes and pass data to physicians billing systems
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How to Improve Revenue Cycle Management for Hospital-Based Physicians Pyramid Health Solutions is expert
in delivering revenue cycle management services including credentialed coding staffing, auditing and A/R management
Pyramid Health Solutions uses remote coding resources and secure internet technology. All services maximize worflow, productivity, improve revenue, realize cost savings and increase compliance
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Revenue Cycle Management
About the Author
Nav Ranajee is VP of Sales and Marketing for Pyramid Health Solutions, a provider of complete revenue cycle services.
Learn more about Revenue Cycle Management by visiting http://www.pyramidhs.com/.
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THANK YOU
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800.927.8435 Email: [email protected] Website: www.pyramidhs.com
Trusted Revenue Cycle Partner Since 1985
