This is crucial information for health care providers
Tulsa, Okla. (PRWEB) August 16, 2007
To address the challenges presented by health care billing, Evolve e-Learning Solutions, a business training solutions provider, has announced the launch of the Revenue Cycle Education Program.
"This online training program was developed to help health care providers with billing and health care reimbursement," said Preston Stiner, president of Evolve. "Billing requirements get pretty complex, and there's not a lot of training out there. Most people learn by watching existing employees, which can result in a lot of mistakes."
Health care billing isn't something that's taught in colleges or in any continuing education. Employees have to learn it on the job. And unfortunately, the trial-and-error method of learning health care billing can end up costing providers quite a bit of money.
Insurance payers, whether it's Medicare, Medicaid, a PPO or an HMO, can all have different billing requirements, and most of these are quite stringent. Making even one mistake on a health care billing requirement can cause a claim denial, a payment delay, or a substantial fine. For Medicare, the violation of a single billing standard can result in a fine between $100 and $25,000 per year.
"So much of American health care costs are tied up in administrative costs," said Stiner. "We're talking nearly 33 percent of every dollar. This expense includes collecting information and collecting payment for services. It's critical for providers to be able to bill and be reimbursed in a timely fashion. Our training program specifically addresses these needs."
The Revenue Cycle Education Program includes courses on patient access, demographics, encounter, verification, insurance plans and coordination of benefits. Employees can also take assessment quizzes and tests after completing the courses, which encourages learning retention. Online score recording makes it easier for managers to see who has completed the training program.
"This is crucial information for health care providers," Stiner said. "E-learning is one of the best ways to keep your employees knowledgeable and up-to-date on important information in your industry. Whether you're training new employees or giving an annual refresher course, the Revenue Cycle Education Program can help you."
For more information about the Revenue Cycle Education Program visit http://www.revenuecycletraining.com or for any one of the number of e-Learning solutions that Evolve provides, visit EvolveeLearning.com.
About Evolve e-Learning Solutions
Evolve e-Learning Solutions is a solutions provider of training systems and programs that allow organizations to maximize the potential of their employees, reduce administrative costs and accelerate their performance. Evolve has partnered with leading organizations within the e-learning industry to offer customers best-of-breed solutions to meet their training needs.