|Title||Implementation of a novel point-of-care ultrasound billing and reimbursement program: fiscal impact.|
|Publication Type||Journal Article|
|Year of Publication||2014|
|Authors||Adhikari S, Amini R, Stolz L, O'Brien K, Gross A, Jones T, Fiorello A, Keim SM|
|Journal||Am J Emerg Med|
|Date Published||2014 Jun|
|Keywords||Academic Medical Centers, Emergency Service, Hospital, Financial Management, Hospital, Hospital Charges, Humans, Point-of-Care Systems, Reimbursement Mechanisms, Retrospective Studies, Ultrasonography|
OBJECTIVES: The aim of this study was to determine the fiscal impact of implementation of a novel emergency department (ED) point-of-care (POC) ultrasound billing and reimbursement program.
METHODS: This was a single-center retrospective study at an academic medical center. A novel POC ultrasound billing protocol was implemented using the Q-path Web-based image archival system. Patient care ultrasound examination reports were completed and signed electronically online by faculty using Q-path. A notification was automatically sent to ED coders from Q-path to bill the scans. ED coders billed the professional fees for scans on a daily basis and also notified hospital coders to bill for facility fees. A fiscal analysis was performed at the end of the year after implementing the new billing protocol, and a before-and-after comparison was conducted.
RESULTS: After implementation of the new billing program, there was a 45% increase in the ED faculty participation in billing for patient care examinations (30%-75%). The number of ultrasound examinations billed increased 5.1-fold (4449 vs 857) during the post implementation period. The total units billed increased from previous year for professional services to 4157 from 649 and facility services to 3266 from 516. During the post implementation period, the facility fees revenue increased 7-fold and professional fees revenue increased 6.34-fold. After deducting the capital costs and ongoing operational costs from approximate collections, the net profits gained by our ED ultrasound program was approximately $350000.
CONCLUSIONS: Within 1 year of inception, our novel POC ultrasound billing and reimbursement program generated significant revenue through ultrasound billing.
|Alternate Journal||Am J Emerg Med|
Implementation of a novel point-of-care ultrasound billing and reimbursement program: fiscal impact.
Srikar Adhikari, MD, MS
Richard Amini, MD, RDMS
Albert B. Fiorello, MD, RDMS, FACEP
Samuel M. Keim, MD, MS