Front End Revenue Cycle
In the panel titled front end improvement as a foundation for back end efficiency olive participated in a discussion with leaders from asante and the metrohealth system that focused on what these organizations are doing especially with technology to help streamline their front end revenue cycle processes.
Front end revenue cycle. Typically revenue cycle will own in patient and emergency department registration however clinic and out patient centers fall out of scope. The front end part of the cycle manages patient facing aspects and the back end handles claims management and reimbursement each with its own departments staff and policies to drive revenue. Is the patient covered. Case management and identification of chargeable services.
4 ways front desk staff impact your revenue cycle. In its essence patient to payment addresses these challenges through a comprehensive set of capabilities that come together holistically helping to solve business problems across the entire spectrum of the revenue cycle. When an individual decides to seek services from a healthcare organization she first encounters departments and staff associated with the front end. Front end healthcare revenue cycle represents the face of a hospital or medical practice.
Posted by angela hunsberger on september 2. While the importance of identifying coverage up front cannot be understated it is just the first step in a complex process of revenue cycle management. Of the many revenue cycle tasks facing healthcare systems and hospitals back end insurance eligibility verification may in fact be one of the most important albeit time consuming aspects of the healthcare revenue cycle. Key front end functions include scheduling patient registration eligibility and authorization and upfront patient collections.
The revenue cycle is a term used in accounting and business that describes the journey of a product or service from its humble beginnings to its sale. The next front end step of revenue cycle management is patient eligibility verification and authorization. Mosaic is no exception as our clinic and out patient full time employees report through clinic operations however revenue cycle owns the process and the front end technology. When you walk into a shop and buy an item be it a bottle of perfume a motorcycle or a pack of gum you have become part of the revenue cycle.
Ultimately back end revenue cycle tasks are dependent on front end accuracy to achieve timely reimbursements. Which of the following is not a part of the front end revenue cycle processes. This is a huge front end responsibility and the front desk staff need proper training on how to read eligibility responses and should work with billing staff on tips and tricks to better understand processes. The revenue cycle begins when the business delivers a product or provides a service and ends when the customer makes the full payment.