WELCOME TO OUR LIVE WEBINAR Improving Revenue Cycle Begins at the Front End.

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WELCOME TO OUR LIVE WEBINAR Improving Revenue Cycle Begins at the Front End
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Transcript of WELCOME TO OUR LIVE WEBINAR Improving Revenue Cycle Begins at the Front End.

WELCOME TO OUR LIVE WEBINAR

Improving Revenue Cycle

Begins at the Front End

Live Webinar Presenters

Jennifer WilsonSales Manager

Keilee TingSales Associate

Angelique BelotProduct Specialist

WELCOME TO OUR LIVE WEBINAR

Improving Revenue Cycle

Begins at the Front End

Front Office Improvement

Agenda• Identify The Most Common Pain Points• Tools to Streamline Workflows and Front Office

Efficiency• Show how your Practice Management System’s Tools

Can Directly Assist in Increased Revenue• Measuring Performance & Tracking• Q & A

High Level View of Workflow

First Step to Improvement

Identify Your Pain Points

Scheduling – Step 1

Scheduling–Common Pain Points

• 24/7 Service• Same-day Appointments • Schedule Online – Technology• Faster Appointments for New Patients• Provider Availability

Scheduling Technology

Should Provide:

• Flexibility• Robust Functionality• User-Friendly• Operability• Multi-Resource Scheduling• Customization

Fully Customizable Appointment Scheduler

04/18/23 CONFIDENTIAL – © 2009 11

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Open Times

Measure Performance

Happy Staff = Happy Patients = Improved Net Profit

Typical Workflow for Patient Confirmation

Time Office Staff Spends On Appointment Confirmations

• Results in No Shows/Cancellations

• Lost Revenue

• Can’t Track Repeat Offenders

Patient ConfirmationCommon Pain Points

Patient Confirmation

Hear a Sample PhoneNotification Recording

Phone Notify Status Report

Automated Appointment Reminders Benefit Your Practice

• Contributing to patient satisfaction

• Reducing missed appointments

• Keeping your practice profitable

• Providing quality care to the patient

• Maximizing the physicians’ time

• Gaining a competitive edge by

enhancing patient relations

Easier Check In Process

Waiting Rooms

Results could be dramatic!65% of patients report wait times are frustrating!

Check-In ProcessPain Points

• Wait Room Time

• New Patient Forms

• Administration Paperwork

• Verifying Patient Eligibility Over The Phone

• Administration Time

• Lost Revenue

Americans Spend 135 Million Hours a Year Filling Out Medical Paperwork

Easier Registration Process

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04/18/23 CONFIDENTIAL – © 2009 24

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Front OfficeWorkflow Improvements

SummaryCHANGES IN THE OFFICE ADVANTAGES

Provider Availability Same-day appointments; faster access to routine follow-ups and new-patient appointments; less waiting time in the doctor’s office.

Reminders for Appointments Reduce staff time and no shows.Increase productivity while also increasing revenue.

Easier Registration Process Reducing or eliminating office staff.Lower overhead allows doctors to afford longer, more meaningful visits.

Technology Provide patients an understanding of who you are and what you can do for them. Patients can download forms to fill out prior to the office visit; ask non-urgent questions via secure email.

Time Management Electronic Medical Records/Practice Management SoftwarePatients can receive alerts and reminders about follow-up care.

Identify Your Pain Points

Walk a Day in Their Shoes

CollaborateMD.com

The overall mission of a medical practice is to improve the

overall quality of patient care.

CollaborateMD is a trusted health information technologyexpert that can get you there.

888.348.8457CollaborateMD.com

Thank you for attending