- Dr. Kimberly Daly, DNP, APRN, FNP-C, Salem State
University
- Dr. Dianna Jones, DNP, CNP, FNP-C, Regis College
- Diana Denning, MPH, MSN, WHNP-BC, RN, Brandeis
Medical Billing Implementation: Lessons, Experiences and Challenges - - PowerPoint PPT Presentation
Medical Billing Implementation: Lessons, Experiences and Challenges Dr. Kimberly Daly, DNP, APRN, FNP-C, Salem State University Dr. Dianna Jones, DNP, CNP, FNP-C, Regis College Diana Denning, MPH, MSN, WHNP-BC, RN, Brandeis
(other than minimal staff time demands)
FY 2018 Total Unique Students for Year Total Annual visits Health Services Same day/urgent care visits 720 Routine visits 1152 Psychopharmacology consults 93 Reproductive health 877 Vaccination visits 732 Other 51 Visit totals 1678 3625 2016-2017 totals 1649 3654
Billing Expense Report FY15 FY16 FY17 FY18 Total Billing Collections 186,887 $197,172.92 $223,023.00 $240,200 Billing Related Expenses 3rd party Billing Vendor $16,076.92 $15,840.30 $17,308.76 $19,000.00 Vaccinations $38,727.26 $33,955.26 $44,410.53 $46,000.00 EMR $1,580.00 $0.00 $0.00 $0.00 Grad Student Payroll $7,000.00 $7,000.00 $7,000.00 $10,000.00 Family planning products $0.00 $3,324.44 $11,664.57 $15,000.00 Total Billing Related Expenses $68,599.23 $65,877.31 $85,451.72 $95,200.00 Revenue after billing expenses 118,287.77 131,295.61 137,571.28 145,000
January 2010 October 2012 June 2013 July 2013- March 2014 **** November 2013 RFP for EMR X External consultant for billing exploration X RFP for 3rd party billing vendor X Credentialing of providers X X Implementation of billing X
$2000 annual administration fee 7% collected claims
FY 2018 Total Annual visits Health Services Same day/urgent care visits 618 Routine visits 358 Psychopharmacology consults 174 Reproductive health 38 Vaccination visits 177 Other 81 Visit totals 1620 2016-2017 totals less psychopharm Total visits billed 1446
Billing Expense Report FY15 FY16 FY17 FY18 Total Billing Collections $57K $64K $84K Total # Visits 1,263 1,465 1,442 Billing Related Expenses: EMR/PM – Athena $3,990 $4,480 $6,680 Additional Staff $25,000 $25,000 $25,000 $25,000 Credentialing (annual maintenance fee) $2,700 $3,900 $3,900 Billing/Coding $4,800 Technology $4,000 $300 Supervising Physicians $12,000 $9,000 $9,000 $6,000 Total Billing Related Expenses $47,690 $42,680 $35,580 Revenue after billing expenses $9,310 $21,320 $44,580
Met with Administration – Full support to move forward Researched EMR/PM – viewed different programs Recommend: Integrated system Compare various systems Compatible with college systems if possible Data collection capabilities Researched Billing company and other options (In-house billing or
Credentialed healthcare staff (Should be done by outside company or
Negotiated contracts Reviewed fee schedules Reviewed EMR/PC systems with IT Department for security and
Implemented process for system set up and technology update
Trained front office staff and healthcare providers before go live
Time line for above 4-8 months 1-2 years completion
May 2011 July – August 2011 August 2011 July 2011 - current November/ December 2011- current EMR Exploration X EMR Implementation X Restructuring of Health Services X Credentialing of providers – Switched to SBSC after first year X Implementation of billing X
FY 2018 July 1,2017-June 30,2018 % of Charges Paid Total Annual visits Health Services Walk in RN visits (99211)
15% 685
E and M 99212-4, 99202-3
44% 3281
Comprehensive Preventive (99385/99395
65% 307
Vaccination visits (90471, 90472)
66% 1868 6141
Vaccine supply costs
83%
Visit Totals-checked in appts
7196
Billing Expense Report
Fall 2017 Spring 2018 FY18 TOTALS
Total Charges
$ $465, 112
Total Insurance Revenue
$157,619
$99,862 $257,481
Billing Related Expenses Claims processing Staff PT $14,000 Clearinghouse $ 1,487
EMR/credentialing/training
? Vaccine supply costs 90,000
Total Billing Related Expenses
105,487
Revenue after associated expenses
151,994
Kimberly Daly, DNP , APRN, FNP-C Associate Director, Counseling and Health services kdaly2@salemstate.edu
Dianna Jones, DNP , CNP , FNP-BC Associate Dean and Medical Director Dianna.jones@regiscollege.edu
Diana Denning, MPH, MSN, WHNP-BC, RN Administrative Director ddenning@brandeis.edu
http://stdtac.org/
http://www.all-things-medical-billing.com/insurance-billing-
specialist.html
http://www.medicalbillingandcoding.org/salary/
https://revcycleintelligence.com/features/exploring-the-fundamentals-of- medical-billing-and-coding