Strategies to Drive Operational Efficiency Advancing the Business of - - PowerPoint PPT Presentation

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Strategies to Drive Operational Efficiency Advancing the Business of - - PowerPoint PPT Presentation

September 21, 2019 Strategies to Drive Operational Efficiency Advancing the Business of Oncology Tackling Bill Lag A Case Study Dinesh Kapur, MD Eastern Connecticut Hematology & Oncology Associates Why is financial viability so


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September 21, 2019

Strategies to Drive Operational Efficiency

Advancing the Business of Oncology

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Tackling Bill Lag

A Case Study

Dinesh Kapur, MD Eastern Connecticut Hematology & Oncology Associates

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Why is financial viability so challenging in community oncology?

Consolidation & Competition Payer Requirements Physician Recruitment & Staffing

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Best Practice Culture Continuous Performance Monitoring End to End Collaboration & Change Management

Tactics for Improving Financial Performance

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Tackling Bill Lag

Challenges The Problem Our Approach Results

Increased risk of timely filing 20+ average bill lag days Negative effects on cash flow Highlighted operational inefficiencies

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Missing data-driven insights to define root cause Driven by clinical & non-clinical teams Workflow dependencies knowledge gap Required effective change management & buy-in

Tackling Bill Lag

Challenges The Problem

3rd Point

Results Our Approach

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Tackling Bill Lag

Challenges The Problem Results

Used data to drive decisions & create accountability measures Communicated the “why” behind the initiative Collaborated to define & train on end-to-end best practice workflows Implemented bi-weekly retros to focus

  • n continuous improvement

3rd Point

Our Approach

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Tackling Bill Lag

Challenges The Problem

3rd Point

Results Our Approach

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Our Results

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Our Results

87% decrease year over year

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Financial Performance: A Work in Progress

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Hospitalization Charge Capture

A Case Study

Susan Green Frailley Chief Administrative Officer, Tennessee Oncology Christy L. Schneider Clinic Systems Informatics Specialist, Tennessee Oncology

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  • Founded in 1976
  • One of the largest physician-owned oncology practices in the country
  • Nationally recognized for improving patient outcomes through clinical

trial research and innovative treatments

Tennessee Oncology

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Today’s Agenda

  • The Challenge
  • Our Solution & Approach
  • Best Practices for Success
  • Our Results
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The Challenge

Hospital Charge Process

  • Complications with technology access
  • Calls to patients in the hospital
  • Delays in hospital follow-ups
  • Delays in charge capture
  • Provider engagement
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Our Solution & Approach

Hospital List in OncoEMR

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Best Practices for Success

Find a Provider Champion and Pilot Customize the Charge List Rollout Providers by Rounding Hospital Provide One-on-One Training Assign Each Provider a Designee Educate Staff on Visibility in OncoEMR

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Our Results

  • 13% charge volume increase
  • More efficient hospital follow-ups
  • Improved system access
  • Accessible hospitalized patients &

history view

  • Effortless charge capture
  • Increased revenue

QUARTERLY HOSPITAL E&M CHARGE VOLUME TREND

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Questions

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Thank you!