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Physician’s Office Or Emergency Room
Physician writes an order
 To admit patient
 To observe patient
 For tests, procedures, lab, radiology, etc
 For surgery
 SDS
 Inpatient surgery
Scheduling
 Referrals
 Authorizations
 Pre-cert or pre-auth must be obtained from insurance prior to
treatment
 Pre-cert or pre-auth number must be included on claim
 Notifications
 Some insurances do not require authorization.
 Some insurance request to be notified.
Pre-Registration
 Verify Insurance Coverage
 Verify Authorization
 Verify Patient Demographics
 Determine Patient Responsibility
 Co-pays, deductibles
 Co-insurance
 Obtain Patient Responsibility up front
 Collect deposits
Financial Counseling
 Meet with patients to review their financial obligations
 Scheduling / Pre-registration process
 Registration
 Prior to discharge – inpatients
 During discharge process – in and out patients
 Once they are out the door the
chances of collecting diminish
dramatically
Registration’s Turn
 Verify any missing data
 Verify Identity
 Scan Insurance Cards and documentation
 Obtain co-pays & patient responsibility $$$
 Patient Signs required documents
 Permission to treat, guaranty of payment, assignment of benefits
 Other consent forms
And More ……
 Advance Directives
 Notice of Financial Responsibility
 MSP Questionnaire
 Rights as a Medicare patient
 ABNs
 HIPAA – Privacy Notice
 Red Flag Regulations
 Etc.
Bed Management
 Bed Accommodation
 Private
 Semiprivate
 Verified at Midnight
 Charged at Midnight
 Patients holding in ED for a bed
Case Management
 See every observation or inpatient
 Case management monitors inpatient and observation
patients’ care to ensure admission meets admission
criteria
 Interqual
 Milliman Care Standards - used by insurances
 Works with physicians to discharge the patient in the
appropriate amount of time or ensure patient still meets
inpatient criteria.
 Monitors and works on delays to recovery.
 Review patients status:
 Medicare and Medicaid – every 3 days
 All others - daily
Discharge Planning
 Performed by case management.
 Begins when patient is admitted.
 Goal is to only keep patient in house as long as is medically
necessary to provide excellent quality of care while
maximizing reimbursement.
 Discharge to appropriate community resource
 May arrange transfer to SNF, Home Health, contact family, etc.
 Work with physician and family
 Consider what insurance will pay for
Charges are Entered
 Charges are maintained in the charge master (CDM)
 A unique charge code identifies each service and test
performed or supply provided
 Many charges have CPT-4 or HCPCS codes attached,
required for billing
 Charges connect to Revenue Codes, required for billing
 Charges are billed on UB04 and HCFA 1500 claim forms
Services are Documented
 Documentation must exist in the Medical Record to
support all procedures performed and supplies used.
 Physician and Clinical staff signatures are critical
 Verbal orders must be signed
 Documentation must be complete and legible
Electronic Medical Record
 Automate as much of the medical record as possible.
 Eliminates filing issues
 Allows for instantaneous access to medical record
 Reduces storage space
 Much of our medical record is electronic
Patient is Discharged
 Financial Counseling
 Outstanding balances, co-pays, co-insurance,
deductibles, bad debt, non-covered services
 Discharge Planning
 Discharge disposition – can affect reimbursement
 Another facility
 SNF
 Home
 Home health
Medical Records – “HIM”
 Manages the medical record
 Scans and files loose documentation
 Verifies electronic records
 Ensure physician, nurses and clinical staff have signed
where necessary
 Monitors, reports and obtains chart deficiencies
 Coding and abstracting
 DNFB management
Medical Records Coding
 Medical records chart reviewed by certified coder
 Physician, nursing and ancillary documentation is
critical
 ICD- 9 codes: diagnoses, procedures
 CPT-4 codes: procedures performed
 Greatly impacts reimbursement
 Heavily regulated
Insurance Processes Claim
 Pays claim
 Denies claim
 Immediately
 After processing
 Line item denials
 Pends claim
 Doesn’t notify hospital
 Timely filing
Contact Us
Futuristic Gigatech
46/4, Novel Tech Park,
Garvebhavi Palya , Kudlu Gate,
Hosur Main Road, Bangalore,
Karnataka – 56 00 68.
E-mail : info@futuristicgigatech.com
India Office: 0091 80 4093 4093
India Mobile: 0091 903 500 4530
QUESTIONS ???

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Revenue cycle management

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  • 3. Physician’s Office Or Emergency Room Physician writes an order  To admit patient  To observe patient  For tests, procedures, lab, radiology, etc  For surgery  SDS  Inpatient surgery
  • 4. Scheduling  Referrals  Authorizations  Pre-cert or pre-auth must be obtained from insurance prior to treatment  Pre-cert or pre-auth number must be included on claim  Notifications  Some insurances do not require authorization.  Some insurance request to be notified.
  • 5. Pre-Registration  Verify Insurance Coverage  Verify Authorization  Verify Patient Demographics  Determine Patient Responsibility  Co-pays, deductibles  Co-insurance  Obtain Patient Responsibility up front  Collect deposits
  • 6. Financial Counseling  Meet with patients to review their financial obligations  Scheduling / Pre-registration process  Registration  Prior to discharge – inpatients  During discharge process – in and out patients  Once they are out the door the chances of collecting diminish dramatically
  • 7. Registration’s Turn  Verify any missing data  Verify Identity  Scan Insurance Cards and documentation  Obtain co-pays & patient responsibility $$$  Patient Signs required documents  Permission to treat, guaranty of payment, assignment of benefits  Other consent forms
  • 8. And More ……  Advance Directives  Notice of Financial Responsibility  MSP Questionnaire  Rights as a Medicare patient  ABNs  HIPAA – Privacy Notice  Red Flag Regulations  Etc.
  • 9. Bed Management  Bed Accommodation  Private  Semiprivate  Verified at Midnight  Charged at Midnight  Patients holding in ED for a bed
  • 10. Case Management  See every observation or inpatient  Case management monitors inpatient and observation patients’ care to ensure admission meets admission criteria  Interqual  Milliman Care Standards - used by insurances  Works with physicians to discharge the patient in the appropriate amount of time or ensure patient still meets inpatient criteria.  Monitors and works on delays to recovery.  Review patients status:  Medicare and Medicaid – every 3 days  All others - daily
  • 11. Discharge Planning  Performed by case management.  Begins when patient is admitted.  Goal is to only keep patient in house as long as is medically necessary to provide excellent quality of care while maximizing reimbursement.  Discharge to appropriate community resource  May arrange transfer to SNF, Home Health, contact family, etc.  Work with physician and family  Consider what insurance will pay for
  • 12. Charges are Entered  Charges are maintained in the charge master (CDM)  A unique charge code identifies each service and test performed or supply provided  Many charges have CPT-4 or HCPCS codes attached, required for billing  Charges connect to Revenue Codes, required for billing  Charges are billed on UB04 and HCFA 1500 claim forms
  • 13. Services are Documented  Documentation must exist in the Medical Record to support all procedures performed and supplies used.  Physician and Clinical staff signatures are critical  Verbal orders must be signed  Documentation must be complete and legible
  • 14. Electronic Medical Record  Automate as much of the medical record as possible.  Eliminates filing issues  Allows for instantaneous access to medical record  Reduces storage space  Much of our medical record is electronic
  • 15. Patient is Discharged  Financial Counseling  Outstanding balances, co-pays, co-insurance, deductibles, bad debt, non-covered services  Discharge Planning  Discharge disposition – can affect reimbursement  Another facility  SNF  Home  Home health
  • 16. Medical Records – “HIM”  Manages the medical record  Scans and files loose documentation  Verifies electronic records  Ensure physician, nurses and clinical staff have signed where necessary  Monitors, reports and obtains chart deficiencies  Coding and abstracting  DNFB management
  • 17. Medical Records Coding  Medical records chart reviewed by certified coder  Physician, nursing and ancillary documentation is critical  ICD- 9 codes: diagnoses, procedures  CPT-4 codes: procedures performed  Greatly impacts reimbursement  Heavily regulated
  • 18. Insurance Processes Claim  Pays claim  Denies claim  Immediately  After processing  Line item denials  Pends claim  Doesn’t notify hospital  Timely filing
  • 19. Contact Us Futuristic Gigatech 46/4, Novel Tech Park, Garvebhavi Palya , Kudlu Gate, Hosur Main Road, Bangalore, Karnataka – 56 00 68. E-mail : info@futuristicgigatech.com India Office: 0091 80 4093 4093 India Mobile: 0091 903 500 4530