Last week, I heard a speaker talking about the importance of community. He used the phrase, “It takes a village”. I’ve heard this phrase numerous times before, but haven’t really dwelled on its meaning. Often, it does take a village to get things done. As I thought about his comment, it’s not any different in the workplace because there it “takes a team”. We have a great team at EnableComp and we understand the importance of teamwork.
Occasionally, I will get an email or a phone call from a VP of Revenue Cycle or a hospital CBO Manager asking me to help them find their state’s workers’ compensation fee schedule. I do my best to point them in the right direction, but more often than not I will try and better understand what their underlying question about work comp really is, as it is frequently NOT found in the fee schedule. That said, fee schedules are a good starting point for hospitals eager to learn more about their expected work comp reimbursement.
Topics: cash acceleration, WC reimbursement,, Work Comp Strategy, Healthcare financial challenges, Workers' Compensation Reimbursement, Revenue Cycle Management, Workers' Comp Billing, electronic filing
To kick off the charity events for 2018, the Charity Committee chose to host a canned food drive with Second Harvest Food Bank as part of EnableComp’s 1st quarter celebration. We were extremely excited to work with Second Harvest because of their local impact. In fact, they provide 27 MILLION meals to people and families in 46 counties in Middle Tennessee.
As a consumer, when was the last time you were wowed by someone selling you a product or providing you a service? Having a hard time thinking of one?
Topics: business growth, WC reimbursement,, Best Practices, Complete Holdings Group, Core Values, Company culture, Tennessee Workers' Compensation, Workers' Comp Billing, EnableComp History, Ecstatic Clients
Scaling a business is hard. If it was easy, all businesses would skyrocket over $10M in annual sales, but actually less than 1% of businesses ever achieve that level. If you want to scale a business, you are going to need a plan, and what better way to start planning than by borrowing a good acronym?
I am often asked what I look for in a Workers’ Compensation Specialist, and this isn’t always an easy question to answer. So, I attempt to simplify it by thinking of what I look for in a pair of good boots.
In 2011, the leadership team at EnableComp met to develop our first mission statement and core values. We believed our mission (what we do) and core values (what we believe) were fundamental to creating the culture we desired and propelling the growth we required.
Along with ringing in the New Year, many people resolve to make lifestyle changes (or resolutions) to accomplish certain goals and make it great. There is no reason why Revenue Cycle executives shouldn’t use this time to re-examine their business line strategies. Workers’ Comp (WC) claims are notoriously difficult to manage for several key reasons. As you look at your complex claims goals for 2018, here are a few subjects to consider.
Most hospitals that I encounter have at least a few Preferred Provider Organization (PPO) Network contracts that include workers’ compensation. Some have dozens. These contracts range from super simple 1-page Letters of Agreement, to massively complex multi-line managed care agreements. Hospitals typically devote staff to developing and managing these contracts, but just as is true with Group Health or Commercial contracts, work comp contracts have the same propensity for errors and abuse and left unchecked these blunders could cost hospitals dearly.