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APRIL 15, 2008
ISH Services
 
ISH ANNOUNCES JUMPSTART PROGRAM FOR ACUITY BASED CHARGING
Establishes realistic and maintainable strategies for improved revenue capture based on patient acuity
 
FAIRFIELD, NJ: ISH, Inc. announced today the launch of a strategic program to help healthcare organizations realize increased revenue capture by leveraging time acuity based patient charging methodology. Within 60 days, our Perioperative Revenue Cycle experts can have you up and live with a strategy that will increase revenue capture in your OR.

Healthcare organizations are challenged by mandated regulatory changes in how services can be billed from the government and private payers, reducing revenue in a time of rising costs. There has been a continual reduction of reimbursement by CMS and third party payers over the last ten years. Operating rooms can no longer charge for items that are considered to be “routine supplies” for a procedure such as gloves, gowns, drapes, etc.

That, coupled with the fact that hospitals are seeing an increased volume of sicker patients requiring more complex procedures that reflect higher costs means that our clients are looking for ways to increase revenue for the procedures they regularly perform to offset reduced revenue. Acuity-based charging allows organizations to capture maximum revenue for the people and equipment they use on a daily basis to provide quality care for their patients.

Developed through ISH’s experiences in aiding hundreds of hospitals with OR Operations Improvement Initiatives, The Jumpstart for Acuity Based Charging Program relies on assigning specific time charge rates to varying levels of procedural acuity and then correctly leveraging information technology to support it.

According to John Marchisin, Executive VP of ISH, Inc., “Organizations are aggressively looking for ways to have a ‘quick win’ in capturing revenue that is supported by payers. We are energized by this new program that offers a viable solution to the loss of revenue from payer restrictions”.

ISH offers a full range of Revenue Enhancement programs for driving Pricing Methodologies in Perioperative Service including: Revenue Cycle Analysis, Developing System Integration Strategies, Fully Leveraging your ORIS, Implementing Key Performance Indicator Metrics and Developing OR Dashboards, as well as Providing Interim OR Business Managers / Mentoring.

About ISH, Inc.
Headquartered in Fairfield, NJ, ISH Inc is a leading provider of professional services for healthcare including Sterile Processing, Perioperative Services, Critical Care and Procedural Care, ED, EMR, Supply Chain, Finance, HR/PR, Time & Attendance, Scheduling, and Document Imaging. ISH has delivered business improvement solutions and IT implementations to prominent healthcare providers since 1989. With a staff of over 200 professionals, an extensive “best practice” library—SolutionSets?--developed from over 500 clients and a powerful program management methodology, ISH is positioned to deliver the results you need when you need them.


Contact: Mary Garland, 800-284-8018; ext. 336


     
 
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