4th
NATIONAL MEDICAL BANKING INSTITUTE
February
22-23, 2006
Nashville, TN
Institute
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Materials
Visioning
Session #1: A Healthcare SABRE? Revolutionizing
Healthcare From the Inside Out Using
the
Lockbox-Patient Accounting Axis
Design:
How an emerging axis between two basement operations can fundamentally
transform
healthcare
-- Moderated; 2 Panels
Panel
#1:
Jim Ribelin, Executive
Vice President of Operations & Product Management
Herae, LLC, San Diego, CA
Jeff Troutman, Senior
Vice President & Marketing Manager
PNC Bank - Treasury Management
Dept, Pittsburgh, PA
Presentation:
Electronic to Electronic, Payer to Provider
- What's the Bank's Role?
Session
Focus/Summary:
The U.S. healthcare industry
handles payments largely on paper, the way it has done for decades. U.S.
healthcare generates 600 million paper envelopes, checks and explanation
of payment forms each year, and the average cost for processing each payment
envelope is $9.20. Physician offices spend $5.5 billion a year to process
claim payments. Claim payment processing is one of the most time-consuming
staff functions. Healthcare is now where banking was in 1980s, before
debit cards and utilization of the internet to complete banking transactions. When
these electronic processes were implemented, banking saw costs go from
$1.07 at the teller window to $0.01 for the same transaction done over
the internet. Some HIPAA transactions that benefit payers have been implemented.
However, physicians still don't realize how much they spend to process
paper payments, and many don't have a strategy for HIPAA 835 transactions
that improve workflow and reduce costs. This session will present research,
pros and cons of paper vs. ERA and EFT, and challenges and solutions for
electronic payment processing.
Learning
Objectives:
- Participants will learn about the challenges and solutions for payment
processing for healthcare providers.
- Participants will learn how HERAE and PNC have teamed up to provide
a direct deposit system for the healthcare industry (case studies of
providers working with HERAE and PNC will be presented).
- Participants will learn about banking as a transaction success story
and how the healthcare industry can learn from the banking industry's
adoption of electronic transactions.
Biography:
Jim Ribelin is currently Executive Vice President, Operations
and Product Management of HERAE. Jim is responsible for internal
operations, product strategy, product management, marketing and public
relations. Jim oversees the customer support and service team that
works closely with HERAE clients guarantee customer satisfaction.
Prior to joining HERAE, Jim was the Vice President, Product Management
at Verilé/Abovehealth,
a leader in providing web-based information on behalf of health plans
for all their external constituents. Before Verilé/Abovehealth,
Jim served as Senior Director of Product Strategy at MedUnite where he
was responsible for a number of activities including the organization's
product strategy. Previous to MedUnite, Jim served as Director of
iBusiness for NDCHealth. At NDCHealth, Jim managed a number of multi-million
dollar business relationships and worked with companies like Medscape
and Viacom. Before NDCHealth, Jim held numerous positions at CIGNA
Healthcare's southwest division, including work in Medical Economics and
with CIGNA's first online provider web portal. Jim has been a featured
speaker at MGMA and at Amisys Customer Conferences.
Jeff Troutman
is Senior Vice President of PNC Bank, National Association in the national
healthcare group. Mr. Troutman has been a key player in developing
PNC's direction for serving the heatlhcare industry. He has been
involved in HIPAA strategies and tactics since 1996, from both industry
and PNC perspectives. Mr. Troutman brings to this role previous
PNC experience that includes, business development for National Corporate
Finance, where he is credited with expanding the array of products and
financial services offered by PNC. Prior to joining PNC in 1992,
Mr. Troutman served as an associate with Interstate Hotels Corporation
where he spent time working within the real estate M&A group.
Mr. Troutman is a member of the Association of Financial Professional
and a member of the WEDI clinical documentation group. He is a board
member of the Big Brothers Big Sisters of Greater Pittsburgh and a member
of the Board of Governors at the Longue Vue Club.
Panel
#2:
Jay Foster, Vice
President
eGistics, Inc., Dallas, TX
Lori Daugherty,
Chief Operating Officer
WorkingRX, Inc., Salt Lake City,
UT
Presentation:
Paperless Processing - How Do We Really
Get There?
Session
Focus/Summary:
The focus of this session is
to examine in detail how imaging can enhance every facet of the claim
to cash revenue cycle by examining a real life example of its integration
into an existing business process. Roadblocks, pitfalls and other
unplanned considerations will be discussed. Executives responsible
for any and every business aspect in the claim to cash process will be
interested in attending this down to earth discussion.
Learning
Objectives:
- Participants will see a real life example of how imaging plays a crucial
part in many aspects of the billing and collection life cycle.
- Participants will better understand the pitfalls of undertaking a
paperless solution.
- Participants will better understand the potential of imaging to reduce
DSO, improve customer service and gain efficiency.
Biography:
Jay Foster is Vice President of Customer Solutions for
eGistics, Inc. and is responsible for solution design and vertical market
sales. He has been intimately involved in initiatives in the healthcare
and remittance processing industry. Prior to joining eGistics, Mr.
Foster has held various management and leadership roles in sales, delivery
and solution design for leading edge technology start-ups. He has
also held positions in large technology companies including Oracle and
Dun & Bradstreet. For over 25 years, Mr. Foster has been involved
in applying technology to real business issues as an end consumer, consultant
and solution creator. Mr. Foster holds a BS from the University
of Houston.
Lori Daugherty
is the Chief Operating Officer for WorkingRX. She has over 17 years
of healthcare and financial services experience that include Workers Compensation,
Medicaid, Medicare Part B and Third Party contracting, billing and collections.
Prior to joining WorkingRX, Lori held management positions focusing
on operations, reimbursement and pharmacy benefit services, such as President
of regional workers compensation PBM, Vice President & Controller
for a medical supply company and VP of Operations for a workers compensation
medical cost containment company.
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