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Value Cycle Excellence: Drug Pricing Standardization for Hospitals and Health Systems

With pharmaceuticals playing an increasingly important role in the revenue cycle, leadership at independent hospitals and health systems are looking for ways to ensure both pharmacy and finance staff are able to work together to achieve standardized, defensible, and transparent pricing for drugs. Join us for an educational presentation on best practices for drug pricing markup policy standardization. Brian will cover both standalone hospitals and multi-hospital health systems, how to accomplish standardization before, during or after a major EHR upgrade or implementation to the formulary system, and how to ensure drug pricing is competitive and defensible while remaining net neutral. This presentation will explore different approaches to corporate drug pricing standardization in health systems, as well as key factors to consider and common problems encountered when managing drug pricing across multiple formularies and hospitals.

  • Understand drug pricing markup strategies and standardization methods
  • Improve drug pricing policy adherence
  • Identify potential areas for simplification, standardization, or automation between your pharmacy and finance teams

Speakers:

  • Vickie McElarney, RN, MBA, FACHE, COC, Consultant
  • Dapo Akanbi, Net Patient Revenue Implementation Manager

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This complimentary webinar will cover best practices for chargemaster management policies and procedures for hospitals and health systems.

Craneware has implemented new chargemaster processes and tools in nearly 1/3 of US hospitals, and often we find teams operating without clear chargemaster policies and procedures. This presentation will provide a step-by-step guide to help your team define your CDM policies and procedures, as well as ways to improve upon existing written policies.

The following topics will be covered:

  • Policies and Procedures – why they are important, critical elements
  • How to create or update your CDM Policies and use a policy approval checklist

An overview of standard CDM policies:

  • CDM Maintenance
  • Charge Reconciliation
  • Room and Bed Charging

Recommended for:

  • Chargemaster Managers and Coordinators
  • Revenue Cycle and Revenue Integrity Leadership
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Chargemaster (CDM) Policies 101 [post_excerpt] => This complimentary webinar will cover best practices for chargemaster management policies and procedures for hospitals and health system... [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => 340b-opps-changes-and-improving-pharmacy-revenue-integrity-2 [to_ping] => [pinged] => [post_modified] => 2018-11-26 17:48:55 [post_modified_gmt] => 2018-11-26 17:48:55 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=31290 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 31290 [post_author] => 2 [post_date] => 2018-07-02 18:58:43 [post_date_gmt] => 2018-07-02 18:58:43 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://public.craneware.com/wp-content/uploads/2018/07/2018-06-Chargemaster-Policies-101.mp4" image_src="https://public.craneware.com/wp-content/uploads/2018/07/cdm-policies.png" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

This complimentary webinar will cover best practices for chargemaster management policies and procedures for hospitals and health systems.

Craneware has implemented new chargemaster processes and tools in nearly 1/3 of US hospitals, and often we find teams operating without clear chargemaster policies and procedures. This presentation will provide a step-by-step guide to help your team define your CDM policies and procedures, as well as ways to improve upon existing written policies.

The following topics will be covered:

  • Policies and Procedures – why they are important, critical elements
  • How to create or update your CDM Policies and use a policy approval checklist

An overview of standard CDM policies:

  • CDM Maintenance
  • Charge Reconciliation
  • Room and Bed Charging

Recommended for:

  • Chargemaster Managers and Coordinators
  • Revenue Cycle and Revenue Integrity Leadership
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                    [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://craneware.wpengine.com/wp-content/uploads/2018/05/2018-01-340B-OPPS-Changes-and-Improving-Pharmacy-Revenue-Integrity.mp4" image_src="https://craneware.wpengine.com/wp-content/uploads/2018/06/340B-pharmacy-revenue-integrity-webinar.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

In 2018, CMS reduced payment for some outpatient drugs used in OPPS settings, cutting reimbursement at many 340B participating hospitals by nearly 30%. Some organizations are excluded from the payment cut, but all hospitals participating in the 340B program will have new requirements to report an additional modifier on drugs acquired under the 340B program.

In this educational webinar, Bonnie Kirschenbaum and Craneware’s Kathy Schwartz will provide a detailed overview of the 2018 OPPS changes, steps hospital pharmacy, revenue cycle, and revenue integrity teams can take to ensure compliance with the new requirements, and recommendations on improving pharmacy revenue integrity at your organization to help offset this unprecedented payment cut.

After watching this educational webinar, attendees will have an understanding of

  • The payment cuts and which hospitals and drugs will be affected
  • New “JG” and “TB” modifiers and other requirements
  • Steps hospital teams can take to ensure compliance
  • Steps hospital teams can take to improve pharmacy charge capture and revenue integrity
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => 340B OPPS Changes and Improving Pharmacy Revenue Integrity [post_excerpt] => In 2018, CMS reduced payment for some outpatient drugs used in OPPS settings, cutting reimbursement at many 340B... [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => 340b-opps-changes-and-improving-pharmacy-revenue-integrity [to_ping] => [pinged] => [post_modified] => 2018-11-26 20:48:09 [post_modified_gmt] => 2018-11-26 20:48:09 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=29362 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 29362 [post_author] => 2 [post_date] => 2018-01-03 20:31:56 [post_date_gmt] => 2018-01-03 20:31:56 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://craneware.wpengine.com/wp-content/uploads/2018/05/2018-01-340B-OPPS-Changes-and-Improving-Pharmacy-Revenue-Integrity.mp4" image_src="https://craneware.wpengine.com/wp-content/uploads/2018/06/340B-pharmacy-revenue-integrity-webinar.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

In 2018, CMS reduced payment for some outpatient drugs used in OPPS settings, cutting reimbursement at many 340B participating hospitals by nearly 30%. Some organizations are excluded from the payment cut, but all hospitals participating in the 340B program will have new requirements to report an additional modifier on drugs acquired under the 340B program.

In this educational webinar, Bonnie Kirschenbaum and Craneware’s Kathy Schwartz will provide a detailed overview of the 2018 OPPS changes, steps hospital pharmacy, revenue cycle, and revenue integrity teams can take to ensure compliance with the new requirements, and recommendations on improving pharmacy revenue integrity at your organization to help offset this unprecedented payment cut.

After watching this educational webinar, attendees will have an understanding of

  • The payment cuts and which hospitals and drugs will be affected
  • New “JG” and “TB” modifiers and other requirements
  • Steps hospital teams can take to ensure compliance
  • Steps hospital teams can take to improve pharmacy charge capture and revenue integrity
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How can pharmacy and financial teams improve pharmacy reimbursement by fixing common data gaps between the purchase history, the pharmacy formulary and the chargemaster?

This webinar will cover:

  • Pharmacy revenue cycle and revenue integrity challenges and how the one health system addressed them
  • Pharmacy Cost-to-charge analytics
  • The health system’s approach to correcting missing and incorrect multipliers, invalid HCPCS and other common revenue cycle issues
  • Pharmacy revenue integrity best practices in Cerner Pharmnet
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Share the Love!

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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Connecting Pharmacy Cost Management and Reimbursement in Cerner PharmNet [post_excerpt] => How can pharmacy and financial teams improve pharmacy reimbursement by fixing common data gaps between the... [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => connecting-pharmacy-cost-management-and-reimbursement-in-cerner-pharmnet [to_ping] => [pinged] => [post_modified] => 2018-11-26 20:56:32 [post_modified_gmt] => 2018-11-26 20:56:32 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=29364 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 29364 [post_author] => 2 [post_date] => 2017-10-04 20:36:23 [post_date_gmt] => 2017-10-04 20:36:23 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://craneware.wpengine.com/wp-content/uploads/2018/05/2017-10-Connecting-Pharmacy-Cost-Management-and-Reimbursement.mp4" image_src="https://craneware.wpengine.com/wp-content/uploads/2018/06/pharmacy-cost-and-reimbursement-cerner-pharmnet-webinar.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

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  • Pharmacy revenue cycle and revenue integrity challenges and how the one health system addressed them
  • Pharmacy Cost-to-charge analytics
  • The health system’s approach to correcting missing and incorrect multipliers, invalid HCPCS and other common revenue cycle issues
  • Pharmacy revenue integrity best practices in Cerner Pharmnet
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Connecting Pharmacy Cost Management and Reimbursement in Cerner PharmNet [post_excerpt] => How can pharmacy and financial teams improve pharmacy reimbursement by fixing common data gaps between the... [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => connecting-pharmacy-cost-management-and-reimbursement-in-cerner-pharmnet [to_ping] => [pinged] => [post_modified] => 2018-11-26 20:56:32 [post_modified_gmt] => 2018-11-26 20:56:32 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=29364 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [comment_count] => 0 [current_comment] => -1 [found_posts] => 16 [max_num_pages] => 16 [max_num_comment_pages] => 0 [is_single] => [is_preview] => [is_page] => [is_archive] => 1 [is_date] => [is_year] => [is_month] => [is_day] => [is_time] => [is_author] => [is_category] => 1 [is_tag] => [is_tax] => [is_search] => [is_feed] => [is_comment_feed] => [is_trackback] => [is_home] => [is_404] => [is_embed] => [is_paged] => [is_admin] => [is_attachment] => [is_singular] => [is_robots] => [is_posts_page] => [is_post_type_archive] => [query_vars_hash:WP_Query:private] => e5985425d795017b5f0b730122784153 [query_vars_changed:WP_Query:private] => [thumbnails_cached] => [stopwords:WP_Query:private] => [compat_fields:WP_Query:private] => Array ( [0] => query_vars_hash [1] => query_vars_changed ) [compat_methods:WP_Query:private] => Array ( [0] => init_query_flags [1] => parse_tax_query ) )
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