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Plan Now and Ensure Your Future
Knowing that the Medicare Modernization Act will continue to impact
the Home Medical Equipment Industry (HME) industry, most providers
are closely scrutinizing their businesses. While some are already
implementing strategic plans, others are waiting to see what happens.
Quite frankly, those who plan ahead will be better prepared to cope,
regardless of the changes. In other words, even if there is no real
certainty about competitive bidding and how it will impact your
business, it is time to look introspectively at your business for
ways to improve operations. Specifically, remain focused on matters
such as proper order intake, training, clean claim submission and
automation.
PROPER ORDER INTAKE
How well does your staff perform under pressure and high scrutiny?
The order intake employee today is responsible for being a negotiator,
a Medicare and insurance expert, a detective, a politician, a social
worker and a sales person. Further, they must be able to multi-task
and think on their feet. Not a small feat, order intake is truly
what makes or breaks the order. In fact, if the order is not right,
why continue the rest of the operational process?
TRAINING
Training is where you can make the difference. Give your staff the
benefit of ample training and do not work under desperation. Allow
them time to make mistakes but have them shadow your knowledgeable
staff until they are able to try it on their own. Have the trainer
observe the trainee until they are both comfortable that no real
serious mishaps will occur. Finally, provide resources such as Medicare
manuals and additional websites and web-based training. With proper
tools, the intake department should be able to make an educated
decision about an order.
ENSURING CLEAN CLAIM SUBMISSION
Another way to improve operational efficiency is to ensure that
the claims you submit are accurate. Clean claim submission is determined
during the intake process. As mentioned before, are you making educated
decisions about the financial viability of an order during intake?
Equally important is to gather the medical necessity information
up front and make sure the equipment is authorized (for non-Medicare
patients). Further, if the item requires a CMN, make sure you are
using the most current form. Many companies fail to update their
forms when Medicare changes. Because Medicare makes changes available
through their list-serve (whereby they actually email YOU of any
changes), there is really no excuse for not adhering to the changes.
By peering internally into your standard operating practices and
staying current with Medicare requirements, you should be able to
generate cleaner claims with minimal effort.
OPERATIONAL EFFICIENCY
As you consider the additional costs associated with employing the
necessary procedures to undertake enhanced scrutiny and compliance,
you may feel frustrated as Medicare continues to make allowable
reductions. However, if you are looking for ways to cut costs in
other areas, conduct an impromptu visit around your company in search
of every manual function. You will likely find hand-written logs
that duplicate the data found in your software. The good news is
that if you automate these functions, you will free staff to perform
more important tasks.
AUTOMATION
While simple manual and duplicate functions seem easy to eliminate,
also look into automating other functions. This includes document
imaging of your important forms in a patient file. Such forms include
intake, medical necessity/authorization, delivery tickets, invoices/statements,
remittance notices and more. Inventory scanning and on-line purchasing
will also save time.
Internet eligibility and benefits checks go hand in hand with
electronic claim submissions to the vast majority of your third
party payer sources. Invaluable for your company, you should either
be submitting commercial insurance claims electronically already
or preparing for it.
Although there are many unknown variables with respect to the MMA
and its impact on HME providers, one thing is certain: change. Are
you ready? Prepare by examining operations for proper intake, adequate
training, clean claim submission, and increased automation. Ways
to create additional efficiencies should be found. The result should
be a well planned and successfully executed strategic plan.
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