Diagnosis: missed opportunities for payment.
Southeastern New Mexico Hematology & Oncology of Roswell, N.M., lowered the rate of claims denials, expedited claims processing, improved accounts receivable (A/R), and decreased administrative costs by: Streamlining revenue cycle processes. Establishing a coding review board that monitors the coding changes made by all major insurers and Medicare. Working with a local foundation to help indigent patients purchase insurance and helping those that qualify for financial assistance receive aid. Outsourcing day-today billing functions.
Khorsand
Masoud
M
Southeastern New Mexico Hematology & Oncology, USA. info@argole.com
D000067:Accounts Payable and Receivable; D017598:Efficiency, Organizational; D005249:Fees and Charges; D005377:Financial Management, Hospital / Q000592:standards*; D007345:Insurance Claim Review / Q000191:economics; D007349:Insurance, Health, Reimbursement; D008495:Medical Oncology / Q000191:economics; D006278:Medicare; D009516:New Mexico; D019982:Organizational Case Studies; D014481:United States