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BUSINESS ASSESSMENT

 

BUSINESS ASSESSMENT AND PROCESS IMPROVEMENT
Operational review and assessment for purposes of process improvement 
and increased efficiencies. 

 

Patient Access Assessments

 Conduct Operational Assessments covering functions such as:

A.    Scheduling Services

B.     Pre-registration and Registration

C.    Preauthorization/Pre-certification for Services 

D.    Letters of Non-Coverage/Advanced Beneficiary Notice    

E.      Establishing Patient Financial Responsibility  

F.      Evaluate Medicaid Eligibility

G.    Evaluate Liens/Liability/Cobra Situations

H.   Benefit Verification and Authorization

I.       Registration

J.       Patient Type - Inpatient versus Observation

K.     Patient Transfers

L.      Census Verification - Bed Control/Census

M.  Revenue Generation 

N.   Patient Discharges

O.   Pre-registration receivable and collections

P.     In-house receivable and collections

Q.   Discharged receivable and collections

 

 Identify/Implement Restructuring Initiatives

 Develop Job Descriptions and Performance Measures

 Develop Policies and Procedures

 Train Staff

  Implement Staff Reassignments

 Operational Analysis of expenses

 Outsourcing Evaluation

  Analysis and Reduction of Bad Debt 


Patient Financial Services - 

                Business Office Assessments

 Conduct Operational Assessments covering functions such as:

A.    AR Management and Measurements

B.     Unbilled Receivable                                         

C.    Billed Receivable

D.    Account Management

E.     Account Revisions

F.   Bill Production

G.  Claim Production

H.  System Electronic Data Interchange

I.   Insurance Collector Work File

J.    Collector Work Files

K.     Private Pay Collections

L.      Account Transactions   

M.  BD Account Management

N.   Quality Assurance Tracking

O.   System Master File Review

P.     Forms Review

Q.   Reports Review

 

 Identify/Implement Restructuring Initiatives

 Develop Job Descriptions and Performance Measures

 Develop Policies and Procedures

 Train Staff and

 Implement Staff Reassignments

 Operational Analysis of expenses

 Early Out or Outsourcing Evaluation

  Analysis and Reduction of Bad Debt 

 

Key Benefits

  • Conduct full or partial assessments within the Business Office with regards to current  processes and operational inefficiencies
  • Identify process changes that will enhance operational efficiencies
  • Facilitate operational changes to gain efficiencies   
  • Establish performance monitoring to insure efficiencies
  • Identify job skills that can be enhanced to promote resource maximization
  • Identify tools that can be used to enhance operations
  • Identify and focus on ways to increase cash flow
  • Decrease lost reimbursement from incomplete or untimely pre-certification and or authorizations.
  • Facilitate compliant third party billing
  • Facilitate maximum reimbursement based on contract terms
  • Improve workflows and eliminate unnecessary tasks 
  • Reduce Bad Debts
 

 

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Copyright © 2001 Gagnon & Associates
Last modified: October 05, 2002