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How To Attract Talented RCM Staff Into Your Healthcare Organization

Attract Talented RCM Staff

It is no secret that implementing Revenue Cycle Management strategies into your healthcare organization will definitely have a positive impact on your facility, but do you even know where to begin? It actually starts with attracting talented Revenue Cycle Management staff. In order for your RCM efforts to be successful and achieve your organization’s goals, you need to find and recruit talented RCM specialists to come work for your healthcare facility.

The Different RCM Staff Positions

There are many different aspects to Revenue Cycle Management and a variety of different staffing positions, ranging from clerical/administrative to managerial, you will need to fill depending on your facility’s needs. Some of the important positions you want to consider hiring for include:

  • Project Manager
  • Billing Specialist
  • Coding Specialist
  • Operations Manager
  • Director
  • Assistant Director
  • RCM Specialist
  • Compliance Manager

Four Ways To Attract Talented RCM Specialists To Your Organization

Due to how important Revenue Cycle Management efforts are for a healthcare facility, you want to make sure you hire the best of the best. Here are four great ways to get talented RCM staff to come work for your healthcare organization.

  1. Pay competitive wages.

At the end of the day, money is important, so make sure your organization offers competitive pay for the positions you need to fill. And, once you do fill your positions, stay abreast of changing trends of your RCM position wages and adjust your compensation to offer more money when necessary.

  1. Offer a respectable health benefit package

Health benefits, like dental and medical, are really important to job seekers and something they strongly consider when weighing the pros and cons of a job offer. Offering good health benefits to your employees shows them that you care about their well-being and that you are invested in their health. This will make people want to work for you.  

  1. Provide educational and training opportunities.

Investing in your employees goes such a long way. A great way to nurture them is to offer both training and educational opportunities to help them learn and grow as people and employees as well as enhance their skills. According to Forbes, “high-performing people see learning opportunities as an integral component that contributes to their workplace engagement.” So, if you want to attract top RCM talent to apply for your open positions, be sure your healthcare organization offers educational and training opportunities and let this be known in the job description as well as during the interview process.  

  1. Consider using a healthcare staffing agency.

If your healthcare facility is struggling to find talented staff to fill your open RCM positions, consider using a healthcare staffing agency. These agencies often have a larger network of available and qualified candidates to pull from. Plus, using an agency to hire temporary workers gives you a chance to “observe employee performance, qualifications and work habits” before offering them a permanent position. It gives you a chance to get to know a potential employee to see if they are the right fit before making a permanent offer.

Find The Right Person Today!

If you are struggling to find talented RCM staff for your healthcare organization, Nearterm can help. Whether you need RCM support staff or you need to fill upper management RCM positions, we have a talented pool of applicants to meet your needs. To learn more, give us a call at (281) 646-1330 or take our Interactive Survey.

Posted By: nearterm-admin

How Health Information Management Can Optimize Your Healthcare Company

HIM can optimize your healthcare company by improving patient care and the overall well-being of your facility.

Health Information Management (HIM) is a vital part of any healthcare system and has a direct impact on both a healthcare facility and its patients. Learn how HIM can optimize your healthcare company by improving patient care and the overall well-being of your facility, including ensuring proper patient service revenue.

The Correlation Between Health Information Management And Patient Care

Health Information Management plays a huge role in a patient’s experience at your healthcare facility and beyond by ensuring that best and most-up-to-date patient information is always available and accurate.

Mismanagement of health information can impact a patient’s

  • Follow?-up care – The patient might not get the essential care needed for his/her specific condition.
  • Coding & Billing – Improper coding can lead to a claim denial and incorrect billing.
  • Future care with other providers – Other healthcare providers need accurate Health information in order to properly treat a patient down the road.

Essentially, proper Health Information Management is vital to the patient’s experience with your healthcare facility from start to finish and can help create loyal patients.

The Impact Of HIM On Healthcare Facilities

When Health Information Management is done right:

  • Your facility no longer runs the risk of data loss, which protects data integrity and confidentiality, while ensuring security.
  • All providers, including those outside of your facility caring for any of your patients, have the most accurate and up-to-date patient information.
  • Patient procedures will be coded right the first time, which leads to correct billing, which positively impacts your patient service revenue.
  • Your facility will be in compliance with government regulations regarding patient information and security.
  • There is little risk of miscommunication between:
    • Your facility and your patients
    • Your patients and other healthcare providers
    • Your facility and other healthcare providers

Why Hire A Health Information Management Professional

By now it should be clear that HIM is vital to a successful healthcare facility. But, is it really necessary to hire an HIM professional? Actually, yes, it is.

According to The American Health Information Management Association, HIM professionals are vital to the daily operational management of health information and electronic health records. Their knowledge of both the clinical and reimbursement sides of healthcare combined with their unique skill set allows them to help bridge the information gap for patients and all of their healthcare providers. And, most importantly, Health Information Management professionals can ensure that a patient’s health information is always complete, accurate, and protected.

And, in the long run, because HIM involves medical coding, billing, and ensuring compliance with government regulations, an HIM professional can keep your healthcare facility optimized ensuring you are getting properly paid for the services you provide.

Health Information Management truly is a win-win for both your facility as well as your patients.

Find The Right Person Today!

If you are struggling to find the right person to take charge of your Health Information Management efforts, the Nearterm team can help. We understand how important proper Health Information Management is to your facility, and our team of highly qualified experts can get your HIM efforts in shape in no time. To learn more, give us a call at (281) 646-1330 or take our Interactive Survey.

Posted By: nearterm-admin

Revenue Cycle Manager EMS Services

JOB ID: EB-1749550290

Location: Florida

 

The sky’s the limit in terms of our client’s opportunities as well as personal/professional growth.

The Revenue Cycle Manager EMS Services will be responsible for the daily oversight, management, and direction of all phases of our client’s accounts receivable operation.

Duties of the Revenue Cycle Manager will include, but not be limited to the following:

  • Continuous staff improvement through education, training, and positive enforcement of appropriate best practices will also be critical to ensure performance goals are achieved which include cash collections and A/R days
  • Coordinate daily activities related to the planning, implementation, and maintenance of all functions pertinent to the business office which include billing, coding, collections, cash posting, denials management, and customer service
  • Review and maintain internal controls to ensure timely and accurate billing to third party carriers
  • Monitor daily cash flow and maintain days in accounts receivable at industry standards
  • Prepare report summaries
  • Function as a key member of the revenue cycle leadership team to support and execute critical initiatives
  • Responsible for developing and maintaining positive relationships with key stakeholders including but not limited to Finance, Corporate Compliance, IT, Operations Excellence, and the Senior Leadership team

Qualifications:

  • Bachelor’s degree in healthcare or related business field
  • Minimum 3-5 years of  revenue cycle management experience
  • Bilingual in Spanish preferred
  • Strong leadership skills

APPLY NOW

If you are a leader with the credentials, energy and experience to work with our client……………………

Please send your resume in Word or PDF format to: [email protected]. Copy and Paste the following job title and EB code and place it in the subject line of your email so we can identify the job: Revenue Cycle Director EMS Services (EB-1749550290)

 

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Posted By: nearterm-admin

How The 2020 Budget Proposal Will Impact Healthcare

The new budget proposal consists of drastic cuts to Medicare and Medicaid.

How Will Hospitals Survive In Tomorrow’s Healthcare?

The 2020 budget proposal has a lot of people talking, and not in a good way. This is mainly because if this new budget proposal is passed, it would cut $2.7 trillion over the next decade from many important Health and Human Services programs, including Medicare and Medicaid. Learn how these proposed budget cuts may impact healthcare systems and patients if passed.

The 2020 Budget Proposal

The 2020 budget proposal includes the following actions:

How The 2020 Budget Proposal Will Impact Hospitals And Healthcare Facilities

While curbing the rising price of prescription drugs and increasing funding for pediatric cancer research are both great aspects of this new proposal, the other cuts of the 2020 budget proposal still have many worried, especially healthcare systems.

Essentially, the budget proposal will drastically cut compensation for treating patients who can’t afford medical services for hospitals and other service providers, like teaching hospitals and outpatient departments.  

According to the Federation of American Hospitals, these “massive reductions would drastically reduce resources critical to care for low-income Americans and cripple efforts to stave off the looming physician shortage.”

The president of the Federation of American Hospitals, Chip Kahn stated the following in response to the 2020 budget proposal, “The impact on care for seniors would be devastating.”

How The 2020 Budget Proposal Will Impact Patients

Medicare is a critical program for senior citizens that, sadly, many of them spent their entire lives paying into. So, the fact that this new budget proposal wants to cut Medicare funding by $800 billion and make seniors jump through hoops to get prior approvals for the medical services they need, is such a disservice to this population. It’s going to make it a lot harder for seniors to get the care they need and, quite possibly, make their medical services more expensive, which will definitely add financial stress to to this population, many of which most live on a fixed income.

The impact to those on Medicaid will be detrimental as well and affect over 60 million people. Additionally, the work requirement for low-income people who get their health insurance through Medicaid will cause so many people to use their coverage. The Kaiser Family Foundation estimates that 1.4 million to 4 million people could lose their Medicaid coverage if this budget proposal goes into effect.

It will also have a major negative impact on the disabled population, many of which rely on Medicaid. This includes family caregivers of parents or younger relatives with disabilities.

Find The Right Person Today!

The possibility of these drastic health care cuts makes optimizing your health system’s revenue cycle more important than ever. If you are struggling to find the right person to lead your revenue cycle management efforts, Nearterm can help. Give us a call at (281) 646-1330 or take our Interactive Survey.

Posted By: nearterm-admin
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