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Showing posts from September, 2008

Revenue management in Healthcare

Process mapping allows you to identify productivity opportunities, best practices, and root causes of problems, create workflow consistency, and determine who owns an action item within the process and who's accountable for it."
1. Identify the critical business opportunity. "If you're going to put 10+ key people in a room all day long, which is what it will take for most mapping exercises, there better be a darn good business reason for doing so--improving your ROI, for example," says Trusten. This step should be taken by the organization's financial leaders.
2. Identify key processes with the greatest influence on that opportunity. This will be either all or some of the key areas of revenue cycle management, such as patient access or charge capture.
3. Create a project team. Trusten recommends that you start by identifying the executive sponsor for the project, often the CFO, who will establish expectations and priorities, coach the team, break down any organ…

Revenue models-Making Changes Happen

Health care is shaking up the search engine market.
Long-time laggard Ask.Com is suddenly a contender, at least in consumer satisfaction, and it’s making a new effort in health care with what it calls Health Smart Answers.
Revolution Health and HealthLine are acting as the main information providers to Health Smart Answers.
At the same time Google and Microsoft are both making their own moves to target the sick and hypochondriac.
The Big Two are taking different approaches. Microsoft is trying to capitalize on its existing strength in hospital computing and medical records. Google wants people to enter and track their own medical information.
The last verb, track, makes this one step removed from what Healthline, Revolution Health and WebMD are up to. Rather than seeking your search and communications business, they want to be your health data storage house.
Key to making any of this work is trust. Will consumers trust Google, Microsoft or anyone else with their private medical information?

A brief on Health Smart cards- as requested.

Smart card network is secure, convenient and reliable smart card technologies specifically designed to store and transport a patient's most clinically relevant medical records.

The Idea is to incorporate smart card technology into the healthcare system as an instrumental component that protects and enables convenient access to patient data and delivers both clinical and administrative benefits.

ALWAYS CHOOSE a high-capacity microprocessor smart card that is PIN protected to comply with HIPAA security requirements and also provides a feature-rich, flexible platform that addresses key healthcare issues. There are compelling benefits to the patient, healthcare provider and payors that partially include:

� Support for privacy and security requirements mandated by HIPAA
� Convenient way to carry secure data between systems
� Streamlines administrative processes
� Reduction in fraud
� Rapid identification of patient
� Information readily accessible in an emergency
� Enables compliance with gover…

Smart Card and Health Insurance

Many health insurers now are relying on magstripe card solutions. These cards are helping trim costs and inefficiencies in flexible spending accounts and health reimbursement accounts, said Beverly Kennedy, senior vice president, health care, of First Data, which recently introduced its Multipurpose Healthcare Card, designed to support FSA and HRA record keeping and claims administration. Health reimbursement accounts allow consumers to set aside pretax dollars to use for health expenses.

Flexible spending accounts allow employees to place payroll-deducted pretax dollars in a special account to pay for insurance premiums, child care and unreimbursed medical expenses. Paying an FSA claim without the card costs approximately $5 to $10 per transaction, Kennedy said, and card technology is helping to reduce those costs.

In January, Horizon Blue Cross Blue Shield of New Jersey rolled out debitcard technology to its entire book of business for administration of FSAs for unreimbursed medical …

Making sense out of a Health Website contd..

Marketing your medical business on the World Wide Web through utilizing our medical web design services and search engine promotion plans, will get you great exposure and allow you to reach thousands of Internet users. It is an inexpensive sales channel connecting you directly to your potential consumers. Search Engine Optimization & Marketing To effectively represent your company, it's imperative to be well positioned in all major search engines' natural search results. These results are most often displayed separately from paid or sponsored listings, cannot be purchased, and are the single most common source of qualified site visitors.

Natural optimization is a valuable investment in your existing web site. This procedure does not typically require major alterations to the look and feel of your current site however. Search Engines for Promoting your Web space

Google: Shows searches at any Google-owned web site such as Google.com or Google Image Search. May show searches at…