Nearterm Blog

MANAGEMENT TIPS

Below is a link to an easy read that I found to be provocative. Check it out and see how these tips might help you be a stronger leader. At Nearterm, we specialize in assisting healthcare provider organizations to reach their revenue cycle, health information management and other financial goals with the support of our expertise and…

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The Impact Of Healthcare Reform

I found this article insightful. http://www.beckersasc.com/asc-turnarounds-ideas-to-improve-performance/how-will-obamas-re-election-impact-healthcare-4-asc-industry-leaders-respond.html If you are a revenue cycle professional interested in specific impacts on revenue cycle performance or if you have thoughts about how it will impact your organization, let’s talk. www.nearterm.com

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HOW WILL REFORM IMPACT ME-AN EXERCISE TO HELP YOU FIND OUT

The media bombards us with spin on the impact of healthcare reform. I read through the following article as though I recently moved to America and had reason to better understand impacts on me personally. See what you think…….. http://www.healthcare.gov/ If you read this publication and have thoughts or interpretations you would like to share, please…

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THE CUSTOMER IS NOT ALWAYS RIGHT

We often hear “the customer is always right” as a moniker supporting customer service training and related service management initiatives. Here is a modified version that I think makes more sense; “THE CUSTOMER IS NOT ALWAYS RIGHT BUT THE CUSTOMER IS ALWAYS THE CUSTOMER”. Our patients are not always right and we are not helping them by…

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Affordable Care Act – Going right to the source……

We are constantly bombarded with opinions about contemporary issues. Often, we depend on the interpretations of others or “cliff’s notes” in order to keep up with our changing environment. I thought you might find it interesting to see the actual ruling on ACA…..no wonder we rely on interpretations! http://www.supremecourt.gov/opinions/11pdf/11-393c3a2.pdf Please call me if you can…

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Patient Satisfaction Myths

We have all  struggled with customer satisfaction measurement initiatives. Patient satisfaction has become increasingly important as patients have greater influence on their care choices over recent years. I read this article recently (see link) and recommend that it is a good read if you are considering this topic.http://www.hospitalimpact.org/index.php/2012/10/17/title_70

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HOSPITAL BENCHMARKS

A senior healthcare executive who recently transitioned from a successful career in another industry made an interesting comment after being part of a major health system for a few months. She asked, “Why is it that hospitals insist on comparing benchmark performance data only with other hospitals?” “Let’s face it” she added, “The service management system…

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PATIENT SATISFACTION OR LOYALTY?

For years, revenue cycle professionals have been concerned with “patient satisfaction”. We conduct surveys, measure change and react to it as we design our delivery systems and work with our front line people. This has come about largely because we recognize that patients are progressively more involved in choosing their providers. But have you ever…

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ICD-10

ICD 10 – THE CIO PERSPECTIVE

A very interesting survey….. healthsystemCIO.com Survey Shows Most CIOs Not Sold On ICD-10 03/29/2012 By Kate Gamble Leave a Comment CIOs Are Happy to Hit Snooze on ICD-10 It comes as little surprise that most CIOs believe the decision to postpone ICD-10 was the right move; what is surprising, however, is that an overwhelming majority…

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“Will We Pay These Guys More Than We Collect?”

Nearterm has an Interim Management contract serving one of our more complex multi-facility clients as Interim Revenue Cycle Director. One issue identified during initial analysis was a 7 figure backlog consisting of delinquent accounts with a reasonable probability of collection if worked properly. In this case it was determined that a lot of on-site research…

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