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Healthcare Finance Projects – Non Clinical

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Viewing 11 posts - 1 through 11 (of 11 total)
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  • #25122

    nnahary
    Participant

    My organization is looking to pilot Six Sigma within the Finance area of the organization. I am looking for case studies or project summaries related to the business office and revenue cycle without too much focus on clinical operations.
    Any assistance is appreciated.

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    #60412

    Scott
    Member

    Feel free to contact me regarding your question on Six Sigma implementation and non-clinical/financial projects.  We have had significant success in these areas from proper patient admission status to food service optimization, lab billing, reduction of non-billable patient stays, staff overtime reduction and the like.  Look forward to talking to you.  724-773-2017

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    #60433

    Elaina Ball
    Participant

    I am a black belt in a hospital & have recently started two financially driven projects – one to reduce denials (both technical & clinical) and another to reduce avoidable days.  There are many other opportunities that I see in healthcare.  Reducing AR days (too big, I would slice it into one of three sections-coding days, days in billing, days in accounts receivable.)  This one is a classic six sigma project with “account throughput” and cycle time reduction being the metric.  From my manufacturing background, I have a hard time with the customer service driven projects, but in finance, there is considerable opportunity. Hope this helps.

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    #60434

    nnahary
    Participant

    thanks so much…I was wondering if Six Sigma had actually migrated to the healthcare finance arena w/o any clinical components. If you could share more information on your projects it would be greatly appreciated. If not, perhaps I can pick your brain over the phone.
    thx,
    Noam Nahary MS, RHIA
    [email protected]

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    #60852

    SRobinson
    Member

    Elaina, did you complete your project?  and if so, what was the outcome of the Denial Project.

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    #60952

    David Ridley
    Participant

    Elaina,
    Interested to learn about your results on your AR days project.  I am working on a similar project to reduce % of AR > 90 days.  From our data analysis we’ve found that the issues are primarily with billing secondary payers and with small balance AR that people are not working as actively not – as suspected – front-end registration errors.
    Any thoughts/tips are much appreciated.
    Thanks,David

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    #60959

    Thomas
    Participant

    I would further breakdown the coding to not coded (cause and effect) and coded but not final billed (cause and efect).  Also, look at your system hold days. In the AR days look at your most important payers first. The advisory board gives you an inventory of best practices in this respect.  Hope this helps.
    Maurice 

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    #60973

    Goalie
    Participant

    Of which advisory board do you speak, Maurice? I am new to field and would like to approach some Dr. friends about projects to get the ball rolling.

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    #60975

    Brit
    Participant

    From their website: http://www.advisory.com/
    The Advisory Board is a membership of 2,500 of the country’s largest and most progressive health systems and medical centers. The Advisory Board provides best practices research and analysis to the health care industry, focusing on business strategy, operations and general management issues.

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    #60978

    Goalie
    Participant

    Thanks, Brit.

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    #61730

    BillT
    Participant

    Hi,
    I am a new black belt and currently working for a community hospital.  I would love to learn about your studies in reducing AR, overtime and the other studies that you worked on. I would be glad if you could email me with your contact information. 
    My email address is [email protected].
     

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