Revenue Cycle Management: How Hospital-based Physicians can

1. Revenue Cycle Management How Hospital-based Physicians Can Enhance Their Revenue Capture

2. Revenue Cycle Management S T R O N G • 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 revenue S T A B L E S T R A T E G I C

3. Revenue Cycle Management S T R O N G • 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 S T A B L E S T R A T E G I C

4. Revenue Cycle Management S T R O N G 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 S T A B L E S T R A T E G I C

5. Revenue Cycle Management S T R O N G 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 S T A B L E S T R A T E G I C

6. Revenue Cycle Management S T R O N G 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 S T A B L E S T R A T E G I C

7. Revenue Cycle Management S T R O N G 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 S T A B L E S T R A T E G I C

8. Revenue Cycle Management S T R O N G 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 S T A B L E S T R A T E G I C

9. Revenue Cycle Management S T R O N G About the Author NavRanajee 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/. S T A B L E S T R A T E G I C

10. THANK YOU STRONG STABLE STRATEGIC Trusted Revenue Cycle Partner Since 1985 800.927.8435 Email: info@pyramidhs.com Website: www.pyramidhs.com