One of our major focuses at EnableComp is to monitor and report on legislative and industrial changes that have material impact to our business. As a national work comp revenue cycle company with over 600 hospital clients across the country, you can imagine that we (and the rest of the work comp community) have been watching Tennessee for quite some time as the changes within work comp have been significant over the past few years. Now with the State moving toward requiring work comp billing to be all-electronic in 2018, there are several points to consider for hospitals to be efficient and compliant with the proposed regulations.
When it comes to hospital billing priorities, work comp is often the last kid in line. Workers Compensation is complex, ever-changing, and it’s a fraction of your overall revenue. What most hospitals don’t really understand is that it is not that difficult to tame your work comp pay class, and be more profitable in the process. Here are five keys to success to consider for your billing office.