Optimizing Observation Patient Management
Venue: Westin Casuarina Hotel & Spa
|Event Date/Time: Jan 22, 2007||End Date/Time: Jan 24, 2007|
|Early Registration Date: Dec 08, 2006|
Are claims too often denied because observation stays were billed as inpatient services? Does your emergency department staff understand the criteria necessary for placing patients in observation vs. inpatient admission status? The appropriate use of observation has raised serious questions for both hospital faculty and billing staff. Billing for observation services can be confusing, particularly when an observation stay lasts more than one day or when a patient’s status changes from observation to inpatient. Coding for observation services just isn’t as straightforward as it should be.
From the second a patient crosses your threshold, the clock starts ticking and there are numerous opportunities for revenue to be lost between the first second up until the last when the bill is processed. In order to optimize revenue and reduce denials, an organizational team must be identified and key players must develop a strategy to work together and function cohesively. Proper classification, accurate coding, and detailed clinical documentation must be established.
World Research Group’s Optimizing Observation Patient Management: How to Improve Patient Care, Patient Throughput and Minimize Denials, taking place January 22-24, 2007 in Las Vegas, will focus on first-hand, successful strategies and practical solutions to overcome the challenges inherent in observation patient management, including: clearly defined admission criteria; management and leadership skills; performance measurement, carefully developed programs for case management, quality assurance and utilization review.
This must attend conference will provide expert-level experience through case studies as well as an exchange of strategies and procedures to succeed in observation management. Two multi-disciplinary panel discussions have been implemented to teach you how to effectively develop and monitor your observation program to improve your hospital’s compliance and proper billing methods. Our distinguished faculty will help you learn how to:
+Educate physicians on the financial and clinical implications of observation status
+Maximize the use of utilization review
+Improve compliance with observation regulations and ensure reimbursement
+Minimize denials and inappropriate admissions
+Optimize reimbursement through proper coding management and billing
+Improve the management of your observation unit and reduce LOS