experience momentum // cpas & advisors understanding the financial links between clinical and...

20
experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

Upload: regina-glenn

Post on 01-Jan-2016

213 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

experience momentum //

CPAs & ADVISORS

UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING

Sherri Robbins/Julie Bilyeu

Page 2: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL & BILLING

Clinical

Billing

2 // experience momentum

Page 3: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

PAYMENT STARTS AT ADMISSION

Pre-Admission Screening

Defined Process/Checklist

Scanning Key Documents into Software

Authorization Tracking

Page 4: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

DETERMINING COST OF CARE

4 // experience momentum

Page 5: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

CONSOLIDATED BILLING

Inclusions/Exclusions• Major Category Exclusions• Statutory Exclusions• Place of Service Impact

Provider Responsibilities• Negotiating Contracts• Timely Payment• Notice of Skilled Stay

CMS Resources• Major Category

Explanation• HCPCS File• Fee Schedules/Rates

Page 6: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

TECHNOLOGY

6 // experience momentum

Page 7: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

7

SNF Performance

30 Days Medicare Medicaid

Private

60 Days Insurance

90 Days Coinsurance

Page 8: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

A/R MANAGEMENT

Monthly A/R Meetings

KnowledgeBilling and Software

Rate ChangesPayer Variances

Contractual Adjustments

Bad Debt Write Offs

Sequential Billing

8 // experience clarity

Page 9: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

INCREASED PAYER SCUTINY

ADR RAC

ZPIC

9 // experience momentum

Page 10: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

DOCUMENTATION RISK AREAS

ADL Prior Level of Functioning

Isolation

Daily Skilled Need

Therapy

Medical Necessity

10 // experience momentum

Page 11: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

CLINICAL OVERSIGHT

• RUG Distribution• ADL Distribution

• Average length of stay• Length of stay by

condition/diagnosis• PEPPER

• Quality Indicators• Quality Measures• Staffing

Page 12: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

MANAGING SKILLED CARE-OVERSIGHT

Don’t miss the boat on skilling residents for skilled nursing

Page 13: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

UNSCHEDULED ASSESSMENTS

Change of Therapy

End of Therapy

End of Therapy-Resumption

Start of Therapy

Short Stay

Page 14: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

EARLY/LATE/MISSED ASSESSMENTS

Early

• Bill Default for # days out of compliance

Late

• Bill Default for # days out of compliance

Page 15: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

15 // experience clarity

Page 16: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

TRIPLE CHECK

Patient Demographic Info

Admission and Physician Documentation

General Claims Data

Specific Billing Codes

MDS Data

Ancillary Charges

Discharge Information

Page 17: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

COMMUNICATION IS KEY

Daily Nursing & Therapy

Communication

Weekly Medicar

e Meetin

gs

Monthly Triple Check

Page 18: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

ICD-10

Effective 10/1/2015 servicesPractice dual coding now!!Invest in coding resources

PLAN

PRACTICE

PREPARE

18 // experience momentum

Page 19: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

BKD THOUGHTWARE

Subscribe for Free http://pages.bkd.com/SubscriptionManagement_Center.html

19 // experience momentum

Page 20: Experience momentum // CPAs & ADVISORS UNDERSTANDING THE FINANCIAL LINKS BETWEEN CLINICAL AND BILLING Sherri Robbins/Julie Bilyeu

THANK YOU

FOR MORE INFORMATION // For a complete list of our offices and subsidiaries, visit bkd.com or contact:

Sherri Robbins, RN // Senior Managing [email protected] // 417.865.8701

Julie Bilyeu //[email protected] // 417.865.8701