The Triple Impact of Effective Utilization Management
Utilization management is more than a compliance function. It’s a combination of financial health, clinical integrity and team performance.
Utilization management is more than a compliance function. It’s a combination of financial health, clinical integrity and team performance.
Explore the impact of documentation, staff education and dedicated support on utilization management programs.
Staffing challenges impact utilization review, affecting denial rates and reimbursement. Discover the importance of having a strong utilization management program.
Learn how one health system partnered with McBee resulting in a $42M+ increase in net revenue and a reduction in LOS by .50 days.
Learn the importance of a comprehensive Utilization Management process and the benefits including a decrease in denials, improved revenue and more.
The Utilization Review (UR) function in the emergency department (ED) serves as a critical component to ensure whether a patient is placed as inpatient or observation. Establishing the UR team to manage patient status at the point of admission is imperative to minimizing denials down the line. Too often, hospitals waste time and money by [...]
By implementing improved processes, physician and staff education, tailored operations strategies and increased admission reviews, this engagement slashed observation rates by a third. As a result of working with utilization review staff to achieve correct patient status assignments, the health system experienced a $1.8M revenue improvement in the first three months of the engagement.
Centralizing Utilization Review Functions is a cost-saving quality improvement measure, closes gap in coverage due to inter-rater reliability. Many forward-thinking organizations recognize the negative financial impact of inaccurate or non-existent UR. Learn how it's worked for a large, newly formed health system...