Specialty : Family Planning Clinic
Service Offering : Full-Service Billing
Practice Management Software : E-Clinicals
Background
Type: Family Planning Clinic
Location: California
Services: Contraceptive counseling, fertility treatments, STI testing and treatment, pregnancy
tests, and prenatal care.
Annual Patient Volume: Approximately 5,000 visits.
Challenges
The Family Planning Clinic faced several challenges in its revenue cycle management (RCM):
Complex Billing Processes:
- Dealing with a variety of insurance plans and government programs.
- High volume of claims with different coding requirements.
High Denial Rates:
-
- Frequent claim denials due to coding errors and insufficient documentation.
Manual Processes:
- Time-consuming manual billing and follow-up processes.
Patient Payment Collections:
- Difficulty in collecting co-pays and out-of-pocket payments from patients.
Goals
The primary goals were to streamline the billing process, reduce claim denials, and improve overall revenue.
Solutions Implemented
Comprehensive Audit:
- Conducted a thorough audit of the clinic’s billing processes.
- Identified key areas of improvement, including coding accuracy and documentation practices.
Staff Training:
- Provided targeted training sessions for the clinic’s administrative and clinical staff.
- Emphasized the importance of accurate coding and thorough documentation.
Denial Management:
- Established a dedicated denial management team.
- Focused on analyzing and addressing the root causes of claim denials.
Patient Payment Strategies:
- Introduced clear communication strategies regarding patient financial responsibilities.
- Implemented flexible payment plans to ease the burden on patients and improve collections.
Outcomes
Metric | Before Implementation | After Implementation | Improvement (%) |
Claim Submission Turnaround Time | 10 days | 2 days | 80% |
Clean Claim Submission Rate | 84% | 96% | 14% |
Working on denied Claims | 15 days | 3 days | 80% |
Denial Rate | 28% | 5% | 82% |
Average Payment time | 30 days | 15 days | 50% |
Monthly Revenue | $150,000 | $200,000 | 33% |
Staff Time Spent on Billing Tasks | 50 hours/week | 20 hours/week | 60% |