Billing Accuracy Costing Big Profits

This topic has 1 reply, 2 voices, and was last updated 1 year, 8 months ago by Avatar Donnalussier.

  • Author
    Posts
  • #13272

    We were working on a financial simulation to see how the downstream profitability of an in-office infusion center was affected by upstream accuracy issues with inventory, nursing documentation, biller accuracy, and collection capability. We created a new blog post to illustrate these issues and we also created an online calculator so you can evaluate your own in-office infusion leakage.

    Take a look here and let us know what you think:
    Blog Article
    In-Office Infusion Leakage Calculator

    #14064

    Hi,
    Was taking a look at your calculator and blog. Very interesting. I was stunned to realize that we would lose so much if anything was less than 100%.

    About 50% or more of our patient clientele is Medicare and at 5% margin, I had no idea that for every 1% of leakage it would cost us upwards of 20% loss. Not good at all.

    Thank you for your wonderful tool, it’s an eye opener!

    Donna

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

CONTACT US

Thank you for your interest in NICA. We are eager to connect with you and to discuss the exciting work of increasing patient access to infusible and injectable therapies.

If you have questions or concerns, please send us an email and a member of our team will contact you shortly.

Sending

Log in with your credentials

or    

Forgot your details?

Create Account