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11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method for team members to successfully learn. Utilize bottom-up approach. Front line staff leading projects All staff levels provided coaching opportunities Use delegation as a method to improve staff competencies. Costs effective ways to develop your team. 2 Cash Collections Denials Management Staff Development Registration Accuracy Bad Debt Reduction 3

PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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Page 1: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

11/15/2016

1

Developing your Talent in RCMBy

Franklin SmithCRCE-I

Make a case for developing home grown talent.

Establish a baseline method for team members to successfully learn.

Utilize bottom-up approach.

Front line staff leading projects

All staff levels provided coaching opportunities

Use delegation as a method to improve staff competencies.

Costs effective ways to develop your team.

2

Cash Collections

Denials Management

Staff Development

Registration Accuracy

Bad Debt Reduction

3

Page 2: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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Multiplicity of specialties and their billing rules

Difficulty of understanding the specificity of billing operations for various lines of business

Diversity of people involved in revenue cycle

Information technology used to managed processes throughout cycle.

4

• Multiple Reimbursement Models

• Consumerism, Patient Experience

• Presidential Election ResultsStrategic Alignment

• Health System Consolidation

• Diversity of Billing Knowledge for Several Provider Types

• Matrix Managed Organizations

Community Healthcare Alliances

• Impact of Meaningful Use on the Adoption of New EHR Systems

• Need for Super Users, Emergence of New Leaders, Recognition of Hidden Talent

RCM Technology Advances

5

Putting out today’s fires

Non-actionable succession planning

Self-indulgence

No time or budget developed

Fear of losing influence

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Page 3: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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7

Educated staff prevent fires

High achievers want knowledge

People need to feel you care about their improvement

Training builds loyalty, increases productivity

8

Align Training Goals with KPI

• POS Collections

• Denial Deductions

Monitor Track Trends for Coaching

Opportunities

• Establish expectations

• Fine tune action items

Determine Bottom-line Impact with

Results

• Share ROI!

9

Page 4: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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Cash Collections

Denials Management

Staff Development

Registration Accuracy

Bad Debt Reduction

10

What’s best for my team?

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The Nebraska Department of Education delayed the release of the writing test results until Friday after some districts raised questions about ...

It seems like the public school system is getting worse and worse. ... need to be reward systems in place for the best teachers to encourage good performance.

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Page 5: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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What are SLOs?

Student Learning Objectives drive educational paths

SLO’s are aligned with jobs assigned, levels of authority and existing understanding of topic

Establishing a baseline for each employee provides data points to judge progress

Data collected on the student or staff provide clues on what needs refining

Training is created to meet the needs of the organization based on the SLO development

Kathy Samuels, a teacher from Rhode Island explains the changing use of data when teaching people.

What do my students already know?

Data used to validate lessons learned.

How do I know they are getting the SLO?

13

Graphic provided by Oregon Health and Science University

14

Pre-Visit

•Front end related denials

•Calculating estimates

•Medical necessity tracking

During/Post Visit

•Customer service ratings for Registration, Financial Counseling

•UR, coding related denials analyzed along with billing edits

•Upfront cashier balancing issues

Leadership Data Points

•Succession planning strategy

•KPI tracking for revenue leakages and improvement

•Staff turnover by department

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Page 6: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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Experience

Reflection

Conception

Evaluate

Retention

KNOWLEDGE

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•Motivating or not

•Can I obtain the skills for job

•Career advancement

•Apply learning to job performance

•How will I apply this to my day-to-day

• Job Shadowing

• Buddy System

• Volunteering

• How can this experience help me

• How do I use this opportunity to improve my team

Evaluate Experience

ReflectionConception

17

Staff Opportunities to Lead RCM Projects

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Page 7: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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5 Major Issues for Hospital Revenue Cycle Teams, Written by Bob Herman | June 26, 2012

Competing High Priorities

Lack of skilled resources in several disciplines

Narrowing margins with escalating costs

Significant changes in market

Optimization of Revenue Cycle Processes

19

Daily/month-end balanceMonth-end reporting

Open issues tracking

Key metric tracking

Non-collectible adjustments

Ad-hoc reporting analysis

Root cause analysis

Pre-

ClaimPre-Visit Visit

Claim

Submission

Inbound

Processing

Month-End

Closing

Performance

Management

Account Receivables

Management

Quality

ManagementCompliance

Information

Technology

Contract Negotiations

Eligibility Verification

EDI/ERA Enrollment

Fee Schedule

Scheduling/Registration

BankingSet-up

Patient Check-in

Mail Processing

Claim StatusPatient

Statements

Provider

Credentialing

Appointment Reminders

Co-pay and deductible

collection

Patient

Payment

Arrangements

Encounter Documentation

Coding and

Charge

Capture

Scanning/Indexing

Bank Deposit

EFT,ERA Processing

Payment Posting

Revenue Allocation

Pre-Adjudication

Claim Submission

EDI Management

Request for Information

Denial Analysis

Appeals and Resolution

Inbound and Outbound

Calls

Collection Letters

Patient Refunds

Conveyance,

Small Balance

Write-Off

Transition to Collections

No-show rate

Charge Entry

Claim Scrubbing

Analytics

Cash collected

Revenue Cycle Management Support

Regulation monitoring

Coding and chart audits

Non-collectible adjustments

Coding support for billing process

Practice management system

EMR integration

Other application integration

Interfaces/data exchange

Hosting and support

Process measures and audits

Employee performance audits

External audits

Front End Back EndTransaction Processing

Life of a claim

Total days in AR

Payers denial rates

Rejection analysis

20

Front-end ManagersPatient Access

SupervisorsPatient Access Team

LeadsCall Center Leaders and

staff

Patient Access staff

Financial Counselors

Billing Specialists

Billing Leadership

Pre-

ClaimPre-Visit Visit

Claim

Submission

Inbound

Processing

Pre-Visit At- Visit

Account Receivables

Management

Post

DischargeDuring Visit Discharge

Analytics

Interpret Data

RCM Banking

Elements

Negotiator

People Skills

Accountability

Presentation Skills

Vendor Management

Interpret Data

CustomerService

Physician

Relations

Sales/Marketing

Sales/Marketing

Negotiator

Data Entry/Computer

Skills

ICD-10, CPT

and HCPCS

Coding

Strategic Thinking

Reconciliation

837/835 Elements

Balancing

Revenue Allocation

Payer Specific

Education

Spreadsheet Development

Analytics

HIPAA

Root Cause Analytics

Clinical clarity

Difficult

Conversations

Writing/Speaking

Math

Computations

VendorManagement

Inter-facility

Communicati

on

Delivery System

Date Entry/Computer

Skills

RCM Process

Flow

Analytics

Data Gathering

Revenue Cycle Management Bottom Up Learning Opportunities

Billing Leadership

Patient Access Leadership

All Team Leads

Patient Access and Financial

Counseling

Discharge Clerks

Admission Staff

Financial Counselors

Cashiers

Back-end Leadership

Business Office Staff

Denials Team, Clinicians

Front End Back EndTransaction Processing

Educating Staff to Survive the Life of a Claim

RCM Formulas

Data to Knowledge

Rejection analysis

FinancialCounseling

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Page 8: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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Frontline Individuals

Most Interactive

with Customers

Most in Touch with Consumer

NeedBiggest

Influence on Performance

22

People Learn When People Do!

23

TEACH LEADERS TO OVERCOME BARRIERS

Staff cannot do the job managers can

Less time to do work than it is to train someone else

Limited belief in employee’s motivation and commitment to excellence

Self preservation

Plain ole I like to do it myself mentality

Retention of staff due to current workload

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Page 9: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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DELEGATE THESE TASK NOT THESE

Staff development

Recruitment of certain teams

Specific short and long term projects

Day to day repetitive activities

Competency building and stretching

Leadership team building

Crisis Management

Delivering praise

Disciplining employees

Secession Training

25

Face-to-Face Meetings

Confirm Understanding

Clearly Define Authority

Continual Coaching to Control Outcome

26

Revenue Cycle Offers People

Building Opportunities

• Leading daily team meetings to reinforce daily goals

• Tracking performance versus goals

• Researching and reporting on payer contracts and modifications

• Training new staff on task related duties

• Event management, special engagements and visit types, insurance maintenance

• Customer service training specific by revenue department and related payer requirements

• Dictionary maintenance and building for systems converting EHRs

• Production of team newsletter to communicate with internal and external customers

• Call center, IT management and training

• Scripting and form letter development

• Provider specialty services and practice liaison

• Secession training and planning

• Denials team participation, expansion of network

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Page 10: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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Director

• Invoicing and Payment

• Budget Preparation

• Production of KPI Reporting

Manager

• Time and Attendance

• Project Management

• Standard Meetings

Supervisor

• Daily Staff Meetings

• On-boarding Staff

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Director

• Explore New Technologies for Possible Implementation

• Create Denials Teams for Specific Problem Areas

Manager

• Production of KPI Reporting

• Budget Preparation

• Invoicing and Payment

Supervisor

• Standard Meetings

• Project Management

• On-boarding Staff

29

The Investment will be Well Worth It!

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Page 11: PowerPoint Presentation · 11/15/2016  · 11/15/2016 1 Developing your Talent in RCM By Franklin Smith CRCE-I Make a case for developing home grown talent. Establish a baseline method

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Job Shadowing

Big Brother Big Sister Partnering/Mentorships

Online Education

Trade Organizational Programs

Guest Speakers

Development Goals Established during Performance Reviews

31

AAHAM Certifications

Hospital Association Specialty Classes

Professional Education Software

Web based Training Exercises

Higher Education

Public Speaking Societies

32

Employee Retention Now a Big Issue: Why the Tide has TurnedPublished on August 16, 2013Featured in: Recruiting & Hiring

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Bersin, Josh. “Employee Retention Now a Big Issue: Why the Tide has Turned.” www.linedin.com. Web. 16 Aug. 2013. Nov. 2016.

Lipman, Victor. “Why Employee Development Is Important, Neglected and Can Cost You Talent.” www.forbes.com. 28 Jan. 2013. Web. 10 Oct. 2016.

McLeod, Saul. “Kolb – Learning Styles.” www.simplypsychology.org. Web. published 2010, updated 2013. Oct. 2016.

Rhode Island Department of Education & National Center for the Improvement of Education Assessment, Inc. “Using Baseline Data and Information to Set SLO Targets.” www.ride.ri.gov. Web. Oct. 2016

Veliz, Mynor. www.slideshare.net. Web. Nov. 2016.

Thompson, Molly. “How to Calculate ROI for Training.” www.chron.com. Web. Nov. 2016.

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Mr. Franklin Smith, Jr.,

Director, Patient Financial Services

Calvert Memorial Hospital

Phone 410.535.8259

Email: [email protected]

Twitter: @flsnupe

Website: www.calverthospital.org