Strengthening Financial Performance - Learn how New England Cancer Specialists increased productivity by 36%. Access the complete webinar from within the ppt.

1. Imagination at work.
Learn how New England Cancer Specialists
increased productivity by 36%
Click here to watch the complete webinar
Strengthening Financial
Performance

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3. Your Challenge
3
Increase clinical efficiency
Strengthen financial performance
Enhance care quality
Thrive through industry changes

4. 4
Ambulatory
practice
Aging population and
growing number of insured 15.1% growth in over 65 population
Source: www.census.gov
11.7MSource: www.hhs.gov
Impact of ICD-10
• Decreased productivity
• Risk of interrupted cash flow
• Transition expenses
$155B
enrollees in insurance
exchanges
You feel it.
Growing Financial and Operational Pressures
ACA’s Medicare Fee-for-Service
Payment Cuts (non-hospital) 2013-2022
Source: Leavitt Partners
Declining Fee for Service Reimbursement
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5. How practices experience these challenges
The number of human tasks is increasing
while reimbursement rates are declining.
Key areas affected:
• Patient check-in
• Claims scrubbing
Situation
Costly errors and decreasing revenues.
Impact
Alternative Solution
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• Billing
• Eligibility
Hire more staff or
accept declining results.

6. Centricity™ Practice Solution
A fully integrated EMR and PM system designed
to enhance the clinical and financial productivity
of your ambulatory practice.
Exceptionally
Customizable
Amplify productivity
by tailoring the
solution to your
practice’s needs and
preferences
Seamlessly
Interoperable
Connect to virtually
any hospital EMR or
revenue cycle
system. Streamline
reporting and save
providers time by
displaying data
where needed
Truly
Progressive
Limit operational and
financial disruptions
as you lead your
practice through
regulatory,
care delivery, and
payment changes
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7. Centricity Practice Solution
A/R Accelerator
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Improve business productivity
Increase revenue cycle efficiencies

8. Centricity Practice Solution
A/R Accelerator
Days in A/R: 18% reduction
within 3 months
Eligibility: Manually investigate
only 4% of appointments
Claims: Automate 1000+ claim
line edits per provider per month
Improve Business
Productivity
Increase Revenue
Cycle Efficiencies
Enables front & back office staff to do more
• Streamlined, automated, synergistic with EDI
Outcomes1
1. Average results experienced by a sample of ten
practices with 11 or more physicians.

9. the webinar to
see a demonstration of
A/R Accelerator in action
9
Helping your staff accomplish more each day
Watch

10. Case Study
10
Learn how New England Cancer Specialists
increased business productivity by 36%

11. • Private medical group practice
• 24 clinicians
• 19 front and back office staff
• 4 office locations in Maine
• Adopted Centricity Practice
Solution in 2006
• Implemented modules of
A/R Accelerator over time
Awarded American Society of Clinical Oncology’s (ASCO)
QOPI (Quality Oncological Practice Initiative) Certification
for its commitment to continuous quality improvement in
oncology care.
11
New England Cancer Specialists

12. 12
New England Cancer Specialists
Increased Business Productivity by 36%
Reduced days in A/R by 30%1
Corrected 750+ claim line edits per
provider per month before submision1
Reduced Accounts Receivable outstanding
per provider by 19% in 3 months2
Checked eligibility for as many as 230%
more appointments with 83-88% fewer
manual verifications3
Summary of Results
1. Since adopting Centricity Practice Solution and the Claim Editing Accelerator
2. Since adopting the Task Management Accelerator
3. Approximate results experienced since adopting the Eligibility Verification
Accelerator.
30%
750+
19%
230%

13. Centricity Practice Solution
A/R Accelerator
Days in A/R: 18% reduction
within 3 months
Eligibility: Manually investigate
only 4% of appointments
Claims: Automate 1000+ claim
line edits per provider per month
Improve Business
Productivity
Increase Revenue
Cycle Efficiencies
Enables front & back office staff to do more
• Streamlined, automated, synergistic with EDI
Outcomes1
1. Average results experienced by a sample of ten
practices with 11 or more physicians.

14. to watch the webinar and
get the full details on how A/R
Accelerator can help you meet
today's revenue challenges.
Contact us:
www.gehealthcare.com/cps
cps.emr@ge.com
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