Exploring Partners for Revenue Cycle Management
11/17/22 • 19 min
Welcome to episode ten of the RevTech Rx Podcast- Your prescription for a healthy revenue cycle! This episode is powered by Streamline Health, a leader in pre-billing financial performance improvement.
Episode 10 is focused on 'Exploring Partners for Revenue Cycle Management' and features two great guests. Adam Seymour, Chief Product & Strategy Officer for Alpha II, and Hal Walsh, Vice President, Channel Partners for Streamline Health share their views on the pros & cons of selecting a partner to help optimize your revenue cycle.
From approaching partner discovery with a clear objective and an open mind to knowing when and where to assess progress and consider if it's worth continuing, this episode delivers lots of good insights.
Connect with our panel of experts:
David Kosloski- Host
https://www.linkedin.com/in/david-kosloski/
Adam Seymour- Chief Product & Strategy Office at Alpha II
https://www.linkedin.com/in/adam-seymour-372b45/
Hal Walsh - Vice President of Channel Partners at Streamline Health
https://www.linkedin.com/in/halwalshmba/
Chapters
00:00 Introduction
01:14 What does an ideal partnership look like?
05:17 Separating what providers want vs. what they potentially need
06:55 Hallmarks of a good partner candidate
10:04 Examples of bad partnerships
12:02 Establishing responsibilities prior to kickoff
13:35 Warning signs when considering candidates
15:05 Being prepared to pivot to new developments
16:48 Summary of positive partner attributes
17:45 Conclusion
---
NEW TO THE SHOW?
- Browse through all our episodes (complete with transcripts) here.
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Healthcare leaders, want more groundbreaking content? Be sure to follow our LinkedIn page for the latest topics to get your hospital in the most efficient form possible.
Welcome to episode ten of the RevTech Rx Podcast- Your prescription for a healthy revenue cycle! This episode is powered by Streamline Health, a leader in pre-billing financial performance improvement.
Episode 10 is focused on 'Exploring Partners for Revenue Cycle Management' and features two great guests. Adam Seymour, Chief Product & Strategy Officer for Alpha II, and Hal Walsh, Vice President, Channel Partners for Streamline Health share their views on the pros & cons of selecting a partner to help optimize your revenue cycle.
From approaching partner discovery with a clear objective and an open mind to knowing when and where to assess progress and consider if it's worth continuing, this episode delivers lots of good insights.
Connect with our panel of experts:
David Kosloski- Host
https://www.linkedin.com/in/david-kosloski/
Adam Seymour- Chief Product & Strategy Office at Alpha II
https://www.linkedin.com/in/adam-seymour-372b45/
Hal Walsh - Vice President of Channel Partners at Streamline Health
https://www.linkedin.com/in/halwalshmba/
Chapters
00:00 Introduction
01:14 What does an ideal partnership look like?
05:17 Separating what providers want vs. what they potentially need
06:55 Hallmarks of a good partner candidate
10:04 Examples of bad partnerships
12:02 Establishing responsibilities prior to kickoff
13:35 Warning signs when considering candidates
15:05 Being prepared to pivot to new developments
16:48 Summary of positive partner attributes
17:45 Conclusion
---
NEW TO THE SHOW?
- Browse through all our episodes (complete with transcripts) here.
Follow RevTech Rx wherever you listen to audio!
- Follow via Apple Podcasts
- Follow via Youtube (HD Video)
- Follow via Spotify
- Follow via Spotify (HD Video)
- Follow via Google Podcasts
- Follow via Stitcher
- Follow via Amazon Music/Audible
- Follow via iHeartRadio
Healthcare leaders, want more groundbreaking content? Be sure to follow our LinkedIn page for the latest topics to get your hospital in the most efficient form possible.
Previous Episode
10 Dynamic Strategies to Powerfully Prevent Healthcare Claim Denials
Welcome to episode nine of the RevTech Rx Podcast- Your Prescription for a healthy revenue cycle! Streamline Health, a leader in pre-billing coding optimization, powers this episode.
Learning how to prevent medical billing denials is crucial for healthcare providers as claim denials continue to rise and inflate billing- and insurance-related costs (BIR). Our panel of experts discusses their five tips for denial prevention, which include simply communicating and verifying insurance prior to authorization. We also dig into more complicated tips such as setting up a line of communication between patient financial service teams and the clinical team for case management.
With these tips, revenue cycle professionals can gut-check their existing processes and perhaps learn new opportunities to reduce denials.
Connect with our panel of experts:
David Kosloski- Host
https://www.linkedin.com/in/david-kosloski/
Ian Sullivan- Senior Director at HealthRise Solutions
https://www.linkedin.com/in/iansullivan1/
Jodi Stewart- Senior Vice President of Services at Streamline Health
https://www.linkedin.com/in/jodi-stewart-8244a316/
Chapters
00:00 Introduction
00:43 Tip # 1 From Jodi: Using Pre-bill Auditing Technology
1:34 Tip # 1 From Ian: Understanding Payer Contracts
3:13 Tip # 2 From Jodi: Have an Updated Chargemaster
3:36 Tip # 2 From Ian: Establish a Revenue Integrity Team
5:40 Tip # 3 From Jodi: Expanding on the Revenue Integrity Team
6:45 Tip # 3 From Ian: Implementing a Pre-service Team
9:59 Tip # 4 From Jodi: Managing Out-Patient Claims
10:40 Tip # 4 From Ian: Optimize your H.I.S.
12:01 Tip # 5 From Jodi: Establish Key Performance Indicators
13:05 Tip # 5 From Ian: Build a Partnership Between Case Managers and the Revenue Cycle Team
14:03 How to Prevent EMR Gaps
15:48 The Importance of a Revenue Integrity Team
18:08 The Valley Between Case Managers and the Revenue Integrity Team?
20:00 Jodi's Summary of Her 5 Tips for Preventing Denials
20:20 Ian's Summary of His 5 Tips for Preventing Denials
21:00 Conclusion
-----
NEW TO THE SHOW?
- Browse through all our episodes (complete with transcripts) here.
Follow RevTech Rx wherever you listen to audio!
- Follow via Apple Podcasts
- Follow via Youtube (HD Video)
- Follow via Spotify
- Follow via Spotify (HD Video)
- Follow via Google Podcasts
- Follow via Stitcher
- Follow via Amazon Music/Audible
- Follow via iHeartRadio
Healthcare leaders, want more groundbreaking content? Be sure to follow our LinkedIn page for the latest topics to get your hospital in the most efficient form possible.
Next Episode
Common Operational Issues New Tech Can Fix
Welcome to episode eleven of the RevTech Rx Podcast- Your Prescription for a healthy revenue cycle! This episode is powered by Streamline Health, a leader in pre-billing financial performance improvement.
Episode eleven is focused on ‘Common Operational Problems New Tech Can Fix' and features two great guests. Randy Notes, Managing Director at Impact Advisors, and Greg Forshey, Vice President, Strategic Accounts for Streamline Health, share their views on some common operational issues at provider organizations that can be effectively addressed via technology.
Using an approach focused on financial ROI (whether direct like increased revenue capture or indirect like improved quality measures), our guests break down some key issues impacting healthcare operations where the proper application of available technology can drive substantial improvements.
By exploring these issues and opportunities, with specific examples in each case, this episode delivers sound guidance for providers of all sizes.
Connect with our panel of experts:
David Kosloski- Host
https://www.linkedin.com/in/david-kosloski/
Randy Notes- Managing Director at Impact Advisors
https://www.linkedin.com/in/randynotes/
Greg Forshey - Vice President of Strategic Accounts at Streamline Health
https://www.linkedin.com/in/greg-forshey/
Chapters
00:00 Introduction
01:50 Opportunities around Perioperative Services
09:04 Optimizing material utilization across cases
11:20 Benefit and payment validation tasks
12:40 Point of Service engagement
16:55 Simplifying charge reconciliation
20:20 Successful request strategies
22:10 Conclusion
-----
NEW TO THE SHOW?
- Browse through all our episodes (complete with transcripts) here.
Follow RevTech Rx wherever you listen to audio!
- Follow via Apple Podcasts
- Follow via Youtube (HD Video)
- Follow via Spotify
- Follow via Spotify (HD Video)
- Follow via Google Podcasts
- Follow via Stitcher
- Follow via Amazon Music/Audible
- Follow via iHeartRadio
Healthcare leaders, want more groundbreaking content? Be sure to follow our LinkedIn page for the latest topics to get your hospital in the most efficient form possible.
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