Awakening the Sleeping Giant How Technology will Elevate the Effectiveness and Visibility of Patient Access Paul Shorrosh, MSW, MBA, CHAM Founder & CEO, AccuReg Patient Access Solutions NAHAM Board Member and Southeast Regional Delegate Ever feel like this in Patient Access? Time to Wake Up! …to our potential Change Drivers • • • • • • • Increased patient responsibility 48 million uninsured More Medicaid-eligible population than ever 2-4% avg US hospital operating margin 30% of hospitals with <0% operating margins ACO’s and VPB (Value Based Purchasing) Complexity of registration and billing = more required of Patient Access? What More Might We Do? • • • • • • Order/Referral Mgmt Demographic Verification Insurance Verification Medical Necessity Service Authorizations Quality Assurance • Price Transparency • Payment Estimation • Collect current & past due balances • Financial Clearance – Credit & Payment History – Charity or Medicaid – Discounts & Pmt Plans …At POS and Pre-Arrival Multi-Step Process AV ID IV MN Auth POS Fin Clr QA Specialization Demographics Identity Address Orders Insurance Verify COB MN Auth Clearance Qualify Estimate Collect Arrange Quality Review Correct Train Centralized/System Approach Identity Verification Payment Estimation & Collection Address Verification Insurance Verification Financial Assistance Qualification Medical Necessity Quality Exception Queue Service Auth/Cert Evolution of Quality Assurance QA CENTRAL HUB Automated QA 1% in 2005 Manual QA 19% in 2008 Difficult Ineffective Costly 35% in 2011 Auto QA & Management Tools Auto QA, Insurance Verification Management Address/ID Verification & Education Payment Estimation & Tools Training Productivity Testing Accuracy Scoring Performance Immediate Coaching & Guidance Volume Staffing Wait/Reg Times Collection Service Authorization Medical Necessity Financial Assistance Qualification & Clearance Price Transparency Comprehensive Reporting SaaS & Mobile Devices Person-Centered QA Environment Payment Estimation & Collection Identity Verification Financial Assistance Qualification Address Verification dddddddddd s Medical Necessity Insurance Verification Service Auth/Cert Exhibit A: Insurance Verification Shift from Analysis to Resolution • • • • • • • • Initiate Request • Initiate Request Open Response • Open Response Coverage Benefits Read Response • Read Response Find Relevant Info Copay/Ded • Find Relevant Info Interpret Relevant Info • Interpret Relevant Info Identify Variances • Identify Variances Correct Variances • Correct Variances Variances Requiring Resolution• Resolution Rate KPI Verification Rate KPI Exhibit B: Pre-Registration Shift from Activation to Completion Past Pre-Reg Process: Future Pre-Reg Process: • Account activation • • • • • • • • • Pre-reg to scheduled rate KPI? • • • • • • • • • • Account activation ID & Address Verification Insurance Verification Authorizations Medical Necessity Payment Estimate/Collect Pre-qual for Fin Assist Payment plan setup Quality Assurance Pre-Reg Completion Rate KPI? How will we make this shift? Source: Multitasking Makes us Stupid, CPU Blog March 22, 2006 http://headrush.typepad.com/creating_passionate_users/2006/03/multitasking_ma.html Multi-tasking Tools? Well, sure! But… the real change we must drive is not to do more work, but to do different work Working Different Requires Patient Access Technology that will: • • • • • • Keep pace with growing complexity & duties Multitask, audit and distill for user action Automate, centralize, standardize & interact Serve, educate and empower the person Enforce behavioral change (issues resolved) Demonstrate value: – Increased duties – Improved quality – Revenue cycle results NAHAM Initiatives Registration Components and Time Estimates FTE Calculator • Develop Key Performance Indicators – – – – For Patient Access Processes Result-focused vs activity-focused Comparison to peers Correlate to back-end metrics to prove value • Identify and Publish Best Practices We can do this. Patient Access Leaders It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change. Charles Darwin Survivors adapt to change… Leaders drive change! Paul Shorrosh paul@accuregsoftware.com 251-338-3443