revenue cycle digital transformation · management 3. - clinical documentation improvement (cdi) 4....

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Page 1: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce
Page 2: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Revenue Cycle

Digital Transformation

Spectrum Health

Jason Joseph, SVP Chief Information Officer

Amy Assenmacher, SVP Finance - Revenue Cycle

Becker’s Hospital Review

Page 3: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Page 4: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Our Patient-Centered Revenue Cycle

Page 5: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Journey to Industry Best Practice

Page 6: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Transformation Workstreams

1A. – Patient Access

Service Centers (PASC)1B. - Schedgistration 2. - Patient Liability

Management3. - Clinical Documentation

Improvement (CDI)4. - Underpayments

5. - Physician Coding 6. - Revenue Management7. - PFS Workforce

Management8. - DNFB Reduction

10. - Revenue Cycle

Operating Model

Consolidate fragmented

Pre-Registration and

Financial Clearance

Migrate to an integrated

scheduling and registration

model

Improve patient liability

collection and increase

efficiency of vendors

Improve overall quality &

accuracy of clinical

documentation to support

accurate reimbursement

Prevent underpayment

revenue leakage

Improve accuracy of E&M

code selection and migrate

to exception-based coder

review

Implement processes

to appropriately align

ED E&M levels with

acuity & resource

usage

Work AR backlog and

transform PFS workforce

Lower overall Discharge

Not Final Billed levels

Build out Spectrum

Health’s revenue cycle

support capabilities

Page 7: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Digital Capabilities

Revenue Cycle Data Flow

Page 8: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Digital Capabilities – Key Platforms

Page 9: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Transformation Digital Enhancements

1A. - Patient Access

Service Centers (PASC)1B. - Schedgistration

2. - Patient Liability

Management

3. - Clinical Documentation

Improvement (CDI)4. - Underpayments

5. - Physician Coding 6. - Revenue Management7. - PFS Workforce

Management8. - DNFB Reduction

• Epic patient workqueue

optimization

• RPA for automated

authorizations

• Epic Prelude enhancements

• RTE functionality

• Epic Cadence Decision

Trees

• Telephony infrastructure &

configuration

• Epic Patient Estimation

• Epic Financial Assistance

• Epic Single Business Office

• Epic Cash Drawer Module

• Patient Statements

• M*Modal CDI Engage /

Collaborate

• Epic Documentation

Templates

• Epic Reporting Workbench

• Epic Expected

Reimbursement Calculator

• Custom Epic SmartForms

for E&M suggestions

• Epic charge review

workqueue optimization

• Exception based charge

review system logic

• Epic ASAP Module for ED

levels

• Epic Revenue Guardian

• Epic workflow optimization

• RPA for claims statusing

• Claim edits rationalization

Page 10: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Digital Capabilities – Epic Optimization

• Monitor and manage revenue variances

• Track, prioritize and fix critical issues

• Get claims out the door!

• Return to operational and financial baselines

• Assess user competency and fill knowledge gaps

• Refine Workflows

• Enhance the patient experience

• Drive incremental net revenue and accelerate cash

• Improve clinician satisfaction

Page 11: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Transformation Journey By The #’s

Page 12: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Transformation – Net AR Days Improvement

Page 13: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Transformation – Staff Engagement & Satisfaction

Page 14: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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Critical Success Factors

1. Create a burning platform

2. Establish IS / Revenue cycle leadership alignment

3. Communicate clarifying objectives

4. Create a dedicated team on both sides working toward the same goal

5. Keep momentum and celebrate milestones

6. Leverage consulting for best practices

Page 15: Revenue Cycle Digital Transformation · Management 3. - Clinical Documentation Improvement (CDI) 4. - Underpayments 5. - Physician Coding 6. - Revenue Management 7. -PFS Workforce

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