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WELCOME TO OUR LIVE WEBINAR


Improving Revenue Cycle




 Begins at the Front End
Live Webinar Presenters




  Keilee Ting     Jennifer Wilson    Angelique Belot
Sales Associate    Sales Manager    Product Specialist
WELCOME TO OUR LIVE WEBINAR


Improving Revenue Cycle




 Begins at the Front End
Front Office Improvement
                     Agenda
• Identify The Most Common Pain Points
• Tools to Streamline Workflows and Front Office
  Efficiency
• Show how your Practice Management System’s Tools
  Can Directly Assist in Increased Revenue
• Measuring Performance & Tracking
• Q&A
High Level View of Workflow




                                 Render    Check-
Schedule    Confirm   Check-In                      Billing
                                 Service    Out
First Step to Improvement

Identify Your Pain Points

        Office Staff
        Physician
        Patient
Scheduling – Step 1




Schedule   Patient Calls
              Office
                           Get Reason
                            For Visit
                                         Get Patient
                                        Information
                                                       Find Open
                                                          Time
                                                                     Create
                                                                   Appointment
Scheduling–Common Pain Points


Schedule        Patient Calls
                   Office
                                Get Reason
                                 For Visit
                                              Get Patient
                                             Information
                                                            Find Open
                                                               Time
                                                                          Create
                                                                        Appointment




•   24/7 Service
•   Same-day Appointments
•   Schedule Online – Technology
•   Faster Appointments for New Patients
•   Provider Availability
Scheduling Technology

               Should Provide:

               • Flexibility
               • Robust Functionality
               • User-Friendly
               • Operability
               • Multi-Resource
                 Scheduling
               • Customization
Fully Customizable
Appointment Scheduler
7/26/2010   CONFIDENTIAL – © 2009   11
Open Times




7/26/2010           CONFIDENTIAL – © 2009   12
Measure Performance




Happy Staff = Happy Patients = Improved Net Profit
Typical Workflow for
                        Patient Confirmation
                          Call the
             Confirm     Patient –       Patient
                         Leave VM        Options



                                     Patient Calls
Time Office Staff Spends On           & Cancels
Appointment Confirmations
                                     Patient Calls   Additional
                                         Back        Phone Call
• Results in No
  Shows/Cancellations
                                     Patient LM
• Lost Revenue
                                     Patient No        Lost
• Can’t Track Repeat                   Shows         Revenue
Offenders
Patient Confirmation
          Common Pain Points




Confirm   Automated
          Phone Call
                       Issue Appt.
                        Reminder
                                       Request
                                     Confirmation
                                                    Update Appt.
                                                       Status
Patient Confirmation
Confirm    Automated
           Phone Call
                        Issue Appt.
                         Reminder
                                        Request
                                      Confirmation
                                                        Update Appt.
                                                           Status




                                               Hear a Sample Phone
                                               Notification Recording
Phone Notify Status Report
Automated Appointment
             Reminders Benefit Your Practice


•   Contributing to patient satisfaction

•   Reducing missed appointments

•   Keeping your practice profitable

•   Providing quality care to the patient

•   Maximizing the physicians’ time

•   Gaining a competitive edge by
    enhancing patient relations
Easier Check In Process




Check-     Update         Verify       Verify
                                                Pull Chart
                                                             Print Labels/
  In     Appt. Status   Eligibility   Address                 Superbills
Waiting Rooms




65% of patients report wait times are   Results could be dramatic!
            frustrating!
Check-In Process
                        Pain Points
 Check-         Update Appt     Verify       Verify
                                                      Pull Chart
                                                                   Print Labels/
   In             Status      Eligibility   Address                 Superbills




• Wait Room Time
• New Patient Forms
• Administration Paperwork
• Verifying Patient Eligibility Over The Phone
• Administration Time
• Lost Revenue
Easier Registration Process




Americans Spend 135 Million Hours a Year
     Filling Out Medical Paperwork
7/26/2010   CONFIDENTIAL – © 2009   23
7/26/2010   CONFIDENTIAL – © 2009   24
7/26/2010   CONFIDENTIAL – © 2009   25
Front Office
           Workflow Improvements


Schedule   Patient Calls
              Office
                           Get Reason
                            For Visit
                                           Get Patient
                                          Information
                                                          Find Open
                                                             Time
                                                                          Create
                                                                        Appointment




Confirm    Automated
           Phone Call
                           Issue Appt.
                            Reminder
                                            Request
                                          Confirmation
                                                           Process
                                                         Confirmation
                                                                        Update Appt.
                                                                           Status




Check-In   Update Appt.
              Status
                              Verify
                            Eligibility
                                             Verify
                                            Address
                                                          Pull Chart
                                                                        Print Labels/
                                                                         Superbills
Summary
CHANGES IN THE OFFICE         ADVANTAGES
Provider Availability         Same-day appointments; faster access to routine follow-ups and
                              new-patient appointments; less waiting time in the doctor’s
                              office.

Reminders for Appointments    Reduce staff time and no shows.
                              Increase productivity while also increasing revenue.


Easier Registration Process   Reducing or eliminating office staff.
                              Lower overhead allows doctors to afford longer, more
                              meaningful visits.

Technology                    Provide patients an understanding of who you are and what you
                              can do for them.
                              Patients can download forms to fill out prior to the office visit;
                              ask non-urgent questions via secure email.

Time Management               Electronic Medical Records/Practice Management Software
                              Patients can receive alerts and reminders about follow-up care.
Identify Your Pain Points

     Office Staff
     Physician
     Patient
Walk a Day in Their Shoes
CollaborateMD.com
      The overall mission of
a medical practice is to improve the
  overall quality of patient care.
                                       Thank you for attending
 CollaborateMD is a trusted
health information technology
expert that can get you there.
         888.348.8457
     CollaborateMD.com

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CollaborateMD Webinar Presentation - Improving the Revenue Cycle Begins at the Front End

  • 1. WELCOME TO OUR LIVE WEBINAR Improving Revenue Cycle Begins at the Front End
  • 2. Live Webinar Presenters Keilee Ting Jennifer Wilson Angelique Belot Sales Associate Sales Manager Product Specialist
  • 3. WELCOME TO OUR LIVE WEBINAR Improving Revenue Cycle Begins at the Front End
  • 4. Front Office Improvement Agenda • Identify The Most Common Pain Points • Tools to Streamline Workflows and Front Office Efficiency • Show how your Practice Management System’s Tools Can Directly Assist in Increased Revenue • Measuring Performance & Tracking • Q&A
  • 5. High Level View of Workflow Render Check- Schedule Confirm Check-In Billing Service Out
  • 6. First Step to Improvement Identify Your Pain Points Office Staff Physician Patient
  • 7. Scheduling – Step 1 Schedule Patient Calls Office Get Reason For Visit Get Patient Information Find Open Time Create Appointment
  • 8. Scheduling–Common Pain Points Schedule Patient Calls Office Get Reason For Visit Get Patient Information Find Open Time Create Appointment • 24/7 Service • Same-day Appointments • Schedule Online – Technology • Faster Appointments for New Patients • Provider Availability
  • 9. Scheduling Technology Should Provide: • Flexibility • Robust Functionality • User-Friendly • Operability • Multi-Resource Scheduling • Customization
  • 11. 7/26/2010 CONFIDENTIAL – © 2009 11
  • 12. Open Times 7/26/2010 CONFIDENTIAL – © 2009 12
  • 13. Measure Performance Happy Staff = Happy Patients = Improved Net Profit
  • 14. Typical Workflow for Patient Confirmation Call the Confirm Patient – Patient Leave VM Options Patient Calls Time Office Staff Spends On & Cancels Appointment Confirmations Patient Calls Additional Back Phone Call • Results in No Shows/Cancellations Patient LM • Lost Revenue Patient No Lost • Can’t Track Repeat Shows Revenue Offenders
  • 15. Patient Confirmation Common Pain Points Confirm Automated Phone Call Issue Appt. Reminder Request Confirmation Update Appt. Status
  • 16. Patient Confirmation Confirm Automated Phone Call Issue Appt. Reminder Request Confirmation Update Appt. Status Hear a Sample Phone Notification Recording
  • 18. Automated Appointment Reminders Benefit Your Practice • Contributing to patient satisfaction • Reducing missed appointments • Keeping your practice profitable • Providing quality care to the patient • Maximizing the physicians’ time • Gaining a competitive edge by enhancing patient relations
  • 19. Easier Check In Process Check- Update Verify Verify Pull Chart Print Labels/ In Appt. Status Eligibility Address Superbills
  • 20. Waiting Rooms 65% of patients report wait times are Results could be dramatic! frustrating!
  • 21. Check-In Process Pain Points Check- Update Appt Verify Verify Pull Chart Print Labels/ In Status Eligibility Address Superbills • Wait Room Time • New Patient Forms • Administration Paperwork • Verifying Patient Eligibility Over The Phone • Administration Time • Lost Revenue
  • 22. Easier Registration Process Americans Spend 135 Million Hours a Year Filling Out Medical Paperwork
  • 23. 7/26/2010 CONFIDENTIAL – © 2009 23
  • 24. 7/26/2010 CONFIDENTIAL – © 2009 24
  • 25. 7/26/2010 CONFIDENTIAL – © 2009 25
  • 26. Front Office Workflow Improvements Schedule Patient Calls Office Get Reason For Visit Get Patient Information Find Open Time Create Appointment Confirm Automated Phone Call Issue Appt. Reminder Request Confirmation Process Confirmation Update Appt. Status Check-In Update Appt. Status Verify Eligibility Verify Address Pull Chart Print Labels/ Superbills
  • 27. Summary CHANGES IN THE OFFICE ADVANTAGES Provider Availability Same-day appointments; faster access to routine follow-ups and new-patient appointments; less waiting time in the doctor’s office. Reminders for Appointments Reduce staff time and no shows. Increase productivity while also increasing revenue. Easier Registration Process Reducing or eliminating office staff. Lower overhead allows doctors to afford longer, more meaningful visits. Technology Provide patients an understanding of who you are and what you can do for them. Patients can download forms to fill out prior to the office visit; ask non-urgent questions via secure email. Time Management Electronic Medical Records/Practice Management Software Patients can receive alerts and reminders about follow-up care.
  • 28. Identify Your Pain Points Office Staff Physician Patient
  • 29. Walk a Day in Their Shoes
  • 30.
  • 31. CollaborateMD.com The overall mission of a medical practice is to improve the overall quality of patient care. Thank you for attending CollaborateMD is a trusted health information technology expert that can get you there. 888.348.8457 CollaborateMD.com