Nearterm Blog
Posts by nearterm-admin
Got HIM Pain? Get Relief with Interim HIM Services
Nearterm Interim Health Information Management (HIM) services can make your HIM pain go away. Our highly experienced Interim HIM management professionals are interim careerists, meaning they prefer to work on an interim basis and have developed the skill sets “in the trenches of management” to do so. When placed in a new work environment, can…
Read MoreRevenue Cycle Manager and/or Revenue Cycle Leader – Which are You?
First, allow me to clear the air a bit; neither is “better” than the other and we need both to meet the continuing revenue cycle management (RCM) challenges ahead for hospitals and healthcare organizations. Also, volumes have been written on this topic so this is not an effort to present a treatise on leadership or…
Read MoreWhy is the Medical Coding Audit Function More Important Than Ever?
It’s all about Clinical Documentation Improvement (CDI). With the recent implementation of ICD-10, Nearterm believes that coding audit practices are now a critical part of what healthcare organizations must do to remain compliant and sustain healthy cash flow. Briefly, medical coding audits seek findings that support CDI implementation and ongoing CDI practices. The audit process…
Read MoreNearterm Managed RCM Project Staffing Services
A billing or coding backlog that challenges your manpower resources can put your cash flow at risk. Nearterm can rapidly deploy a professionally managed team of qualified technicians to eliminate backlogs or to backfill a special HIM or Revenue Cycle project. The team can be dedicated to a specific functional area (e.g. Medical Coding, Medicare…
Read MoreImproving Cash Flow
Check out this great article written by our very own Jim Matthews for the HFMA Gulf Coast Express – February 2016 Newsletter: http://files.ctctcdn.com/d6aa2798201/aedf162e-cc2f-46a7-ab9b-c49a1b0708bc.pdf Improving Cash Flow Cash flow from patient care revenue is one of the CFO’s main concerns in today’s transitioning industry environment. How can hospitals and healthcare provider organizations develop sustainable and growing…
Read MoreUnique Benefits of an Interim RCM Leader
Interim RCM and Financial Healthcare Leaders are typically engaged to fill the gap in key positions until a permanent leader can be found. However, a Nearterm interim management leader is not just a place holder. Our hospital revenue cycle consulting and Financial Leaders have the people skills, organizational expertise and the support of the Nearterm…
Read MoreWhat are 360° Managed Revenue Cycle Services?
Nearterm is a Managed Services Provider of front to back office RCM Services for healthcare organizations: hospitals, clinics and physician practices. We offer a 360 solution from patient access to accounts receivable, including consulting and interim management. By “Managed Services,” we mean exactly that: all our services are professionally managed and measured by a Nearterm…
Read MoreWhat Do Accounts Receivable Specialists do in a Healthcare Organization?
In healthcare organizations, the AR management function is getting more and more complex due to ICD-10 coding requirements, the Affordable Care Act, and the need to manage relationships with many payors, both government and commercial as well as patients/guarantors. The consequence is a growing need for AR specialists to deal with it all. It is…
Read MoreMedical Coding is Here to Stay
As a Medical Coding managed services provider, Nearterm sees a lot of growth in the future of medical coding. The need for medical coders is expected to grow by 22% between 2012 and 2022, a rate much faster than average for other occupations. Source: CareerStep. There are four main reasons for this. ICD-10 & -11…
Read MoreAvoid ICD-10 Cash Flow Disruptions
Before the October 1 deadline, now is good time to do a thorough assessment of your ICD-10 plan and, with many aspects of revenue cycle management (RCM) closely tied to ICS-10, an assessment of your front and back office readiness also now can save you a lot grief and missed revenue during and after implementation. Assess &…
Read More