Improving the Revenue Cycle and Gaining Better Reimbursement

Event Information
Product Format
Prerecorded Event
Conference Date
Wed, Feb 13, 2013
90 minutes
Product Description

Here’s How To Boost Your Bottom Line Using Your Revenue Cycle.

The revenue cycle for any facility can be complex and burdensome, but Dr. Duane Abbey, PhD, CFP can help you clear the confusion and show you how to give your hospital's revenue cycle the financial booster-shot that it needs.

Join now for this power packed event where you'll learn to improve your hospital's revenue stream. Dr. Abbey will present to you the difference between revenue cycle and reimbursement cycle and difference between revenue from actual income to the hospital. Find out if  revenue cycle be viewed as process, what parts of the revenue cycle can respond to improvement, explore current process improvement techniques. Dr. Abbey will chalk down specific areas in which hospitals can take steps to improve the revenue cycle.

Audio conference Agenda:

I.   Introduction:

  • What is the revenue cycle?
  • What is the reimbursement cycle?
  • What are the sub-processes with the revenue cycle?

II.  The revenue cycle as a business process:

  • Flowcharting the overall process.
  • Six Sigma and Total Quality Management Techniques.
  • Optimization versus Sub-optimization
  • Revenue versus Actual Income.
  • Optimizing for Payment System Differences.
  • Compliance Constraints.

III.  Specific Areas For Consideration:

  • Using Feedback and Feed Forward Loops.
  • Patient Registration.
  • Charge Capture.
  • Chargemaster.
  • Service Area Documentation.
  • Coding.
  • Billing and Claims Generation.
  • Claims/Payment Tracking and Follow-up.
  • Metrics – Efficiency versus Effectiveness.
  • Sources for Further Information.

Who should attend? Chargemaster Coordinators, Coding Personnel, Coding, Billing and Claims Transaction Personnel, Internal Auditing Personnel, Financial and Compliance Personnel, Physicians and Other Interested Personnel

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About Our Speaker

Duane Abbey Hospital Coding & Compliance Expert

 Duane C. Abbey, Ph.D. is a management consultant and president of Abbey & Abbey, Consultants, Inc., which specializes in healthcare consulting and related areas. Duane earned his graduate degrees at the University of Notre Dame and Iowa State University and has more than 20 years of experience as a consultant. He performs various types of financial analysis involving business structuring, organizational development, enrolment and other financially related concerns of organizations....   More Info
More Events By The Speaker

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