5 Ways KSB Hospital Transformed Patient Access and Saved $20M in Revenue
In 2019, revenue cycle leaders at KSB Hospital took a hard look at our patient access department and realized status quo was no longer acceptable. Registration times were long, staff turnover was high, and we were losing millions in revenue to preventable denials. It was time for change.
Using AccuReg EngageCare® Provider as our foundation, we implemented a five-step strategy to improve inefficiencies, reduce denials and create a high-performing patient access department—a two-year journey that ultimately saved the organization $20 million in revenue.
Manual, Outdated Patient Access Processes
Patient access was operating with outdated pen-and-paper processes, and our staff had no method for tracking patient registration accuracy or POS collections. Further, registration staff in the eight outlying clinics operated under different management than the main hospital staff. Siloed and lacking proper training and measurement tools, patient access staff didn’t understand the significant role scheduling and registration processes had on the revenue cycle. Registrations were error-prone, causing unnecessary and costly rework, and millions in denials.
In addition, our patient access department:
- Lacked automation, efficiency and effective tools for communicating to service areas and patients
- Had no measurement and training tools to track and improve patient registration accuracy rates, staff performance or POS collections
- Faced high staff turnover due to a lack of education and training, automated tools to support their work, or opportunities for advancement
Reinventing Patient Access, Increasing Hospital Revenue
Using one integrated platform for front-end revenue cycle management and implementing strategies for career growth and recognition revolutionized patient access and shifted the mindset of our entire organization.
In just two years, KSB:
- Reduced denials from 21% to 7%
- Prevented an average of $800,000 per month in denied charges—a savings of $20M in revenue
- Improved first-pass initial accuracy rates from 63% to 95% and final accuracy from 80% to 99%
- Reduced staff turnover from 42% to 25%
In addition, KSB has created a substantial method for tracking POS collections, which total between $11,000 and $30,000 each week. Patient access staff are more confident in their roles and understand their impact on the revenue cycle.
5-Step Strategy for Transforming Patient Access
1. Consolidate Patient Access Staff
- Consolidate registration staff in the main hospital and eight outlying clinics under one patient access umbrella
- Increase the size of the patient access department from 21 to 70 people
- Improve communication, collaboration among staff
2. Implement Pre-Registration
- Implement pre-registration by phone to increase patient privacy and expedite check-ins
- Reduce check-in times for preregistered patients from three-to-five minutes on average to 45 seconds per registration, an overall improvement of 82 percent
3. Use AccuReg Front-End Revenue Cycle Technology
- Increase patient registration accuracy using quality assurance and real-time, automated eligibility verification
- Improve POS tracking and collections using price estimation and payments
- Integrate trainings and measurement tools to improve accuracy rates
4. Support Staff Education and Create New Leadership Roles
- Implement new QA analyst and educator position to streamline processes, and to train and educate staff on AccuReg features and functionality
- Appoint team leads for departments (central scheduling, insurance verification, preregistration, etc)
5. Build a Career Ladder for Success
- Implement a career ladder and a three-tiered pay scale, from entry-level check-in roles and pre-registration, to more advanced authorization and financial counseling roles
- Reduce staff turnover from 42% to 25%
EngageCare Provider significantly improved our patient access processes, giving staff the tools needed to produce clean claims and avoid revenue loss. Staff satisfaction increased and turnover decreased, despite COVID-19 challenges and reduced staff numbers due to temporary furloughs. We’re thrilled to see staff thriving in their roles, and it’s recognized throughout the hospital.
To learn more about KSB’s successful two-year journey and patient access outcomes using EngageCare Provider, download the case study.