Given the complexity of hospital reimbursement, the Nebraska Hospital Association (NHA) recognized the need for an intense program to help hospitals improve revenue cycle operations, and they came to PYA to help develop the idea.
Launching this month is the Nebraska Hospital Association Revenue Cycle Residency Program, which was developed by NHA with content from a team at PYA and input from the program’s steering committee. It will be delivered by PYA executives over a 10-month period. This is the first program of its kind at PYA.
“The financial challenges rural hospitals face require leaders to pursue out-of-the-box solutions,” said Martie Ross, Director the of PYA Center for Rural Health Advancement. “We have been honored to partner with NHA on various projects for the past two years, so when the association’s leaders asked for our help with this unique idea, we were pleased to support them.”
The residency program brings together emerging professionals in hospital finance as well as experienced leaders who want to manage the cycle more effectively. It provides a framework for participants to network as they learn about revenue cycle management and how it impacts the patient experience; new regulations and compliance; and the impact of hospital reimbursement on the continuum of care.
The program offers admitted participants six training sessions at various Nebraska healthcare facilities through May 2024:
- July 18: Orientation & How Revenue Cycle Fits into the Bigger Picture
- September 12: Revenue Cycle Compliance & Industry Environment
- November 14: Front-End Revenue: Scheduling, Registration, POS Collections
- January 9: Back-End Revenue Cycle Part 1: Charge Capture, Coding and Billing
- March 14: Back-End Revenue Cycle Part 2: Collections, Denial Management and KPIs
- May 7: Revenue Cycle Best Practices & the Foundation for the Future
By participating fully, participants will receive certificates of completion from the Nebraska Hospital Association.
The residency program is sponsored by NHA, the Nebraska Chapter of the Healthcare Financial Management Association, and the Nebraska Chapter of the American Association of Healthcare Administrative Management.
If you need guidance on rural health, compliance, strategy and transactions, valuation, or other matters related to the healthcare industry, one of our executive contacts would be happy to assist. You may email them below or call (800) 270-9629.