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  • HFMA Employee Benefits
    family with professional counseling related to marital family and relationship discord parenting problems depression child care elder care and financial and legal counseling Health Club At our Westchester location the Association provides membership at the local fitness center BACK TO PAGINATION This is a summary of HFMA benefits The actual plan documents will serve to determine eligibility and governance for each individual benefit plan Health and Dental Insurance To protect you and your family HFMA offers medical plans including a Health Maintenance Organization HMO option and a Preferred Provider Organization PPO option All of these medical plans provide prescription drug coverage Dental Insurance To provide you and your family with coverage dental coverage is available Group Life Insurance Term life insurance provides you and your family with important financial protection in an amount equal to two times an employee s annual salary Long Term Disability Long term disability insurance provides protection to all full time employees in cases of serious injuries or accidents 401k HFMA provides a 401k plan to which you and the association contribute HFMA s Flexible Savings Account An FSA plan allows employees to have pre tax dollars deducted from their salaries to help pay for medical dental other health expenses and day care expenses Vacation and Holidays HFMA offers vacation and personal days based on your length of service To recognize national holidays the Association observes seven or more paid holidays each year Scheduled Days Off Flexibility is key and HFMA offers the scheduled day off program By working a little bit extra each day some employees can take an additional day off every two weeks Tuition Reimbursement HFMA will financially assist employees seeking to improve their skills and achieve Association goals through participation in educational courses or degree programs Employee Assistance Plan The EAP assists you and your family with professional counseling related to marital family and relationship discord parenting problems depression child care elder care and financial and legal counseling Health Club At our Westchester location the Association provides membership at the local fitness center Please login to add your comments Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization HFMA RESOURCE LIBRARY Payment Portals Can Improve Self Pay Collections and Support Meaningful Use Increased electronic engagement between healthcare providers and patients provides significant opportunities for improving revenue cycle metrics and encouraging patients to access EHRs This article written by Apex Founder and CEO Brian Kueppers explores a number of strategies to create synergy between patient billing online payment portals and electronic health record EHR software to realize a high ROI in speed to payment

    Original URL path: http://www.hfma.org/Content.aspx?id=71 (2016-02-10)
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  • Home
    to track your organization s revenue cycle performance using objective consistent calculations Learn More Jon Neikirk Froedtert Medical College of Wisconsin MAP Keys adopter The online benchmarking resource created by and for the industry to improve revenue cycle performance Learn More Lisa Bjerga Lakeview Health System MAP App user The premier revenue cycle conference for the healthcare industry Learn More Sandra Gubbine AtlantiCare Regional Medical Center MAP Event attendee Earn recognition for your outstanding achievements in pursuing revenue cycle excellence Learn More Timothy Moore Blessing Hospital MAP Award winner For Hospitals and Health Systems Improve performance throughout the revenue cycle adopt MAP Keys for hospitals benchmark your performance against other hospitals and systems with MAP App share best practices at MAP Event and get recognized for your work with the MAP Awards For Physician Practices Leverage the 14 MAP Keys for physician practices compare and benchmark against other physician practices using MAP App gain insights into what other practices are doing to raise the bar on performance by attending MAP Event and apply for the physician practice MAP Award For Businesses MAP connects you with providers learn what it takes earn the MAP Key Compliant designation how to integrate MAP

    Original URL path: http://www.hfma.org/map/home/ (2016-02-10)
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  • Peer Review Healthcare Business Solutions
    patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage

    Original URL path: http://www.hfma.org/peerreviewshortlist/ (2016-02-10)
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  • Peer Review ROI Calculator Validation
    costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization HFMA RESOURCE LIBRARY Payment Portals Can Improve Self Pay Collections and Support Meaningful Use Increased electronic engagement between

    Original URL path: http://www.hfma.org/Content.aspx?id=31098 (2016-02-10)
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  • Peer Review Whitepaper
    have their product or service evaluated through the HFMA Peer Review program If a vendor s product or service achieves Peer Review designation the company may choose to pay a licensing fee This fee allows the product or service to be marketed with the Peer Review logo for three years and helps sustain the labor intensive program To maintain this designation companies must pass an abbreviated evaluation at 18 months and another full peer review after three years This helps ensure that products and services on the Short List continue to deliver value to HFMA members and nonmembers Casey says PEER REVIEW PASS FAIL RATE Peace of Mind Even though finance leaders at Conway Regional Health System Conway Ark do not require the products or services they purchase to be Peer Reviewed by HFMA the designation is a factor in their decision making Peer Review designation certainly can be a differentiator says Steven Rose FHFMA CPA the health system s CFO For example Peer Review designation was a factor in Conway Regional s selection of a vendor for its clinical documentation improvement CDI program After considering several companies Rose and his team selected the Peer Reviewed HIM Technology Services Suite from Precyse In less than a year Conway Regional already has realized results from the CDI program Rose says Specifically the system has improved its case mix index and more accurately documented the risk of mortality for its patient population Knowing that a product or service has been vetted by HFMA members and staff can give finance leaders peace of mind when making a purchase Rose says When a service has been reviewed by industry experts there is a higher comfort level that we will be more satisfied with that service and the provider he says It helps to know there has been some level of due diligence in assessing the service and the vendor prior to engaging the company LEADERS ARE HIGHLY SATISFIED WITH PEER REVIEWED PRODUCTS Demonstrating Value Products and services that make the Short List are some of the most valued in the industry Data from 2011 to 2014 show that 95 percent of finance leaders would recommend a Peer Reviewed service to a colleague while 92 percent would recommend a Peer Reviewed product to a colleague Products at every level deliver value The perceived value of the top performers on the Short List is particularly strong For products in the top quartile nearly three quarters of users strongly agree that they would recommend the Peer Reviewed product to their colleagues More than two thirds strongly agree that the product has enhanced productivity and is easy to use and nearly two thirds strongly agree that the product represents good value for the cost Yet the top products on the Short List are not the only ones that have a high level of acceptance among users Nearly nine of 10 users strongly agree or agree that even Peer Reviewed products in the lowest quartile are easy to use and would recommend them to their colleagues Four of five users strongly agree or agree that such products have enhanced productivity and three quarters say the products demonstrate good value Services at every level also demonstrate high value The perceived value of services on The Short List also is substantial Among the top quartile of Peer Reviewed services nearly four of five users strongly agree that the service exceeded their expectations Three quarters strongly agree that the service is easy to use meaning it involves simple processes and straightforward interactions with service representatives and would recommend it to their colleagues Two thirds strongly agree that the service represents good value All services on the Short List not only the top performers have a high level of acceptance Nine of 10 respondents strongly agree or agree that they would recommend Peer Reviewed services in the lowest quartile and that such services are easy to use Nearly three quarters strongly agree or agree that even services in the lowest quartile have exceeded their expectations while nine in 10 strongly agree or agree that such services represent good value INDUSTRY VALUES PEER REVIEWED SERVICES Rigor Leads to Results One reason for users high rates of satisfaction with products and services on the Short List is the requirement that vendors demonstrate outstanding customer service HFMA Peer Reviewed products and services must earn superior marks in five areas Effectiveness Quality and usability Accuracy and reliability Value Customer service and technical support Given that only a third of products and services that apply for Peer Review designation go on to earn it see exhibit on page 23 products and services on the Short List can be considered some of the most proven offerings in the industry For example vendors with products and services that have earned Peer Review designation such as GE Healthcare have demonstrated a commitment to helping finance leaders achieve savings and improved performance for their organizations Since 2007 Orlando Health Orlando Fla has been using GE Healthcare s Centricity Business revenue cycle management solution in its employed physician practices across eight hospitals Our relationship with GE Healthcare is not just a customer vendor relationship it is a total partnership says JoLynne Begley departmental applications manager Most recently Orlando Health engaged GE Healthcare in an optimization project for its eligibility application and realized the following results 44 percent improvement in automated applications saving the team more than 300 hours per month 50 percent reduction in eligibility related denials saving more than 115 000 per year in denial rework 2 8 million annual improvement in working capital thanks to improved denial reduction In addition to this focus on ROI Begley and her team value the vendor s commitment to customer service GE Healthcare has the culture where their engineers programmers and operations staff really concentrate on customer needs she says Their personal accountability to ensure that a customer is satisfied is well beyond expectations That kind of dedication sets GE Healthcare s solution and other products and services on the Short List apart As finance leaders are challenged to improve performance knowing which products and services their peers trust most will help them find the solutions they need when they need them BACK TO PAGINATION The Short List helping finance leaders find products and services that improve performance Users say products and services that have earned HFMA Peer Review designation deliver real value to the industry When finance leaders at NorthBay Healthcare Fairfield Calif were looking for a chargemaster solution they turned to the Short List a select group of high value products and services that have earned HFMA s Peer Review designation We rely on the list quite a bit at NorthBay and we are always searching for products and services that can help us achieve our business goals says Paul Zosa senior analyst for the chargemaster In early 2014 Zosa selected an HFMA Peer Reviewed product Craneware s Online Reference Toolkit to help his team save time researching coding and regulatory changes The product is part of Craneware s Chargemaster Toolkit which has helped NorthBay improve charge capture in recent months Even clinical leaders are getting involved in the chargemaster review process he says Chargemaster requests have jumped by 47 percent since March while denials due to invalid codes have dropped by 12 percent In Zosa s experience it is easier to get buy in from upper management on a purchasing decision if a product or service has received HFMA s Peer Review designation I know the requisites that HFMA has for Peer Review products are quite extensive so it is a trust issue he says We trust HFMA and Peer Review basically gives the product or service a foot in the door How It Works Since HFMA s Peer Review designation was introduced 10 years ago the Short List has grown each year to include many of the industry s most valued products and services Today the list includes more than 80 products and services that have earned HFMA s Peer Review designation The long road to get on the Short List To earn Peer Review designation vendors must fulfill a rigorous 11 step review process Over the course of several months volunteer HFMA members and legal finance and technical staff at HFMA review each product and service Among the issues they evaluate Has the product or service demonstrated that it provides an ROI Can it improve productivity or process effectiveness Does it fulfill its promoted benefits Is it easy to use Does the vendor demonstrate superior customer service and technical support of the product or service Does the vendor deliver excellent customer relations to resolve customer issues Is the product or service based on practical industry knowledge and proven experience Does the firm and its product or service maintain a reputation of integrity HFMA also surveys a sample of current and former customers as well as organizations that did not purchase the product or service to help understand why they decided not to buy Unique to the industry The HFMA Peer Review program provides an objective third party evaluation of all types of products and services used in the healthcare workspace says Bill Casey director of sales at HFMA The Short List is different from other programs in the industry because HFMA does not maintain exclusive relationships in any category which can artificially narrow the options for users Nor are products and services ranked against one another based on company size or other arbitrary factors Casey says Companies also do not pay to play to get on the Short List Casey adds Vendors pay no cost to have their product or service evaluated through the HFMA Peer Review program If a vendor s product or service achieves Peer Review designation the company may choose to pay a licensing fee This fee allows the product or service to be marketed with the Peer Review logo for three years and helps sustain the labor intensive program To maintain this designation companies must pass an abbreviated evaluation at 18 months and another full peer review after three years This helps ensure that products and services on the Short List continue to deliver value to HFMA members and nonmembers Casey says PEER REVIEW PASS FAIL RATE Peace of Mind Even though finance leaders at Conway Regional Health System Conway Ark do not require the products or services they purchase to be Peer Reviewed by HFMA the designation is a factor in their decision making Peer Review designation certainly can be a differentiator says Steven Rose FHFMA CPA the health system s CFO For example Peer Review designation was a factor in Conway Regional s selection of a vendor for its clinical documentation improvement CDI program After considering several companies Rose and his team selected the Peer Reviewed HIM Technology Services Suite from Precyse In less than a year Conway Regional already has realized results from the CDI program Rose says Specifically the system has improved its case mix index and more accurately documented the risk of mortality for its patient population Knowing that a product or service has been vetted by HFMA members and staff can give finance leaders peace of mind when making a purchase Rose says When a service has been reviewed by industry experts there is a higher comfort level that we will be more satisfied with that service and the provider he says It helps to know there has been some level of due diligence in assessing the service and the vendor prior to engaging the company LEADERS ARE HIGHLY SATISFIED WITH PEER REVIEWED PRODUCTS Demonstrating Value Products and services that make the Short List are some of the most valued in the industry Data from 2011 to 2014 show that 95 percent of finance leaders would recommend a Peer Reviewed service to a colleague while 92 percent would recommend a Peer Reviewed product to a colleague Products at every level deliver value The perceived value of the top performers on the Short List is particularly strong For products in the top quartile nearly three quarters of users strongly agree that they would recommend the Peer Reviewed product to their colleagues More than two thirds strongly agree that the product has enhanced productivity and is easy to use and nearly two thirds strongly agree that the product represents good value for the cost Yet the top products on the Short List are not the only ones that have a high level of acceptance among users Nearly nine of 10 users strongly agree or agree that even Peer Reviewed products in the lowest quartile are easy to use and would recommend them to their colleagues Four of five users strongly agree or agree that such products have enhanced productivity and three quarters say the products demonstrate good value Services at every level also demonstrate high value The perceived value of services on The Short List also is substantial Among the top quartile of Peer Reviewed services nearly four of five users strongly agree that the service exceeded their expectations Three quarters strongly agree that the service is easy to use meaning it involves simple processes and straightforward interactions with service representatives and would recommend it to their colleagues Two thirds strongly agree that the service represents good value All services on the Short List not only the top performers have a high level of acceptance Nine of 10 respondents strongly agree or agree that they would recommend Peer Reviewed services in the lowest quartile and that such services are easy to use Nearly three quarters strongly agree or agree that even services in the lowest quartile have exceeded their expectations while nine in 10 strongly agree or agree that such services represent good value INDUSTRY VALUES PEER REVIEWED SERVICES Rigor Leads to Results One reason for users high rates of satisfaction with products and services on the Short List is the requirement that vendors demonstrate outstanding customer service HFMA Peer Reviewed products and services must earn superior marks in five areas Effectiveness Quality and usability Accuracy and reliability Value Customer service and technical support Given that only a third of products and services that apply for Peer Review designation go on to earn it see exhibit on page 23 products and services on the Short List can be considered some of the most proven offerings in the industry For example vendors with products and services that have earned Peer Review designation such as GE Healthcare have demonstrated a commitment to helping finance leaders achieve savings and improved performance for their organizations Since 2007 Orlando Health Orlando Fla has been using GE Healthcare s Centricity Business revenue cycle management solution in its employed physician practices across eight hospitals Our relationship with GE Healthcare is not just a customer vendor relationship it is a total partnership says JoLynne Begley departmental applications manager Most recently Orlando Health engaged GE Healthcare in an optimization project for its eligibility application and realized the following results 44 percent improvement in automated applications saving the team more than 300 hours per month 50 percent reduction in eligibility related denials saving more than 115 000 per year in denial rework 2 8 million annual improvement in working capital thanks to improved denial reduction In addition to this focus on ROI Begley and her team value the vendor s commitment to customer service GE Healthcare has the culture where their engineers programmers and operations staff really concentrate on customer needs she says Their personal accountability to ensure that a customer is satisfied is well beyond expectations That kind of dedication sets GE Healthcare s solution and other products and services on the Short List apart As finance leaders are challenged to improve performance knowing which products and services their peers trust most will help them find the solutions they need when they need them Please login to add your comments Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This

    Original URL path: http://www.hfma.org/Content.aspx?id=27110 (2016-02-10)
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  • HFMA Peer Review FAQs
    promote their status with the Peer Review marks and logos The license agreement does have a financial fee which is paid to HFMA allowing HFMA to support this program For more information on the Peer Review Program email peerreview hfma org BACK TO PAGINATION 1 What is HFMA s Peer Review Program The Peer Review Program is a way for HFMA members to identify what healthcare business solutions their peers are using to deliver organizational savings and performance improvements 2 Does HFMA endorse Peer Reviewed healthcare business solutions Peer Review is not an endorsement by HFMA The Peer Review process performed by HFMA is simply a means of identifying healthcare business solutions for members considerations HFMA does not compare or rank them against one another and there are no exclusive relationships in a given category 3 What does the Peer Review process evaluate To obtain Peer Reviewed status all healthcare business solutions must meet certain criteria Some of the areas evaluated include Does the business solution add value to the Association HFMA members and their organizations Is the business solution accurate effective and easy to use Is there superior customer service and technical support provided Is the business solution based on practical industry knowledge and proven experience Does the firm have a solid reputation Is the firm compatible with HFMA s brand and values statements 4 What are the steps in the Peer Review process 5 How long does the process take The process is dependent on market feedback so it can vary depending on how fast the market participants respond to the survey questions and demonstrations 6 What categories of business solutions does Peer Review focus on All categories of business solutions that are used in the healthcare finance workplace are currently under consideration 7 Are there fees required There are no application fees to go through a Peer Review study Once a firm successfully passes all the stages of the process a license agreement is entered into that legally allows for the company to use and promote their status with the Peer Review marks and logos The license agreement does have a financial fee which is paid to HFMA allowing HFMA to support this program For more information on the Peer Review Program email peerreview hfma org Please login to add your comments Advertisements HFMA Business Profiles McKesson Leveraging Predictive Analytics to Rein in Operating Costs A leader from McKesson discusses how healthcare reform is forcing hospitals and health systems to take a different approach to capacity management and patient flow HFMA RESOURCE LIBRARY 6 Patient Revenue Cycle Metrics You Should Be Tracking and How to Improve Your Results Patient financial engagement is more challenging than ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses how healthcare providers can leverage data and technology as they enable risk in their organization HFMA RESOURCE LIBRARY Payment Portals Can Improve Self Pay Collections and Support Meaningful Use Increased electronic engagement between healthcare providers and patients provides significant opportunities for improving revenue cycle metrics and encouraging patients to access EHRs This

    Original URL path: http://www.hfma.org/Content.aspx?id=1502 (2016-02-10)
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  • “Peer Reviewed by HFMA” Press Releases
    ever and more critical With patient responsibility as a percentage of revenue on the rise providers have seen their billing related costs and accounts receivable levels increase If increasing collection yield and reducing costs are a priority for your organization the metrics outlined in this presentation will provide the framework you need to understand what s working and what s not in order to guide your overall patient financial engagement initiatives and optimize results HFMA Business Profiles Accretive Health Partners with Providers to Excel in a Rapidly Transforming Revenue Cycle Environment Emad Rizk MD president and CEO of Accretive Health discusses the uncertainty facing hospitals and the transitions affecting revenue cycle management HFMA RESOURCE LIBRARY 10 Ways to Reduce Patient Statement Volume and Reduce Costs No two patients are the same Each has a very personal healthcare experience and each has distinct financial needs and preferences that have an impact on how when and if they chose to pay their healthcare bill It s no longer effective to apply static billing techniques to solve the complex challenge of collecting balances from patients The need to tailor financial conversations and payment options to individual needs and preferences is critical This presentation provides 10 recommendations that will not only help you improve payment performance through a more tailored approach but take control of rising collection costs HFMA Business Profiles Conifer Health Solutions Helping Providers and Employers Build a Foundation for Better Health Jim Bohnsack vice president solution corporate development for Conifer Health Solutions explains how the company helps healthcare providers leverage data to deliver better outcomes while optimizing reimbursement for all payment arrangements HFMA RESOURCE LIBRARY Reduce Patient Balances Sent to Collection Agencies Approaching New Problems with New Approaches This white paper written by Apex Vice President of Solutions and Services Carrie Romandine discusses the importance of patient segmentation and messaging specifically related to the patient revenue cycle Applying strategic messaging that is tailored to each patient type will not only better educate consumers on payment options specific to their billing needs but it will maximize the amount collected before sending to collections Further targeted messaging should be applied across all points of patient interaction i e point of service customer service patient statements and analyzed regularly for maximized results HFMA Business Profiles Ontario Systems Optimizing Accounts Receivable in a Rapidly Changing Environment Steve Scibetta senior director of channel sales for Ontario Systems healthcare product line shares insights into effectively managing receivables HFMA RESOURCE LIBRARY The Future of Online Patient Billing Portals This white paper written by Apex President Patrick Maurer discusses methods to increase patient adoption of online payments Providers are now seeking ways to incrementally collect more payments due from patients as well as speeding up the rate of collections This white paper shows why patient centric approaches to online payment portals are important complements to traditional provider centric approaches HFMA Business Profiles Optum Enabling Transformative Change Elena White vice president of risk quality and network solutions for Optum discusses

    Original URL path: http://www.hfma.org/Content.aspx?id=8766 (2016-02-10)
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  • HFMA Peer Review Brochure Request
    Peer Review Vendor Brochure Request Form Name Title Company Phone EXT E mail Address Thank You 2014 Healthcare Financial Management Association All rights reserved Go back to the HFMA homepage

    Original URL path: http://www.hfma.org/forms/peerreview.cfm (2016-02-10)
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