Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
TBS Strategic
Advisory
Consulting
The TBS
“Solutium’’
Transnational Business
Solutions'
ICD-10 Transition Services
Presentation
Business Innovation.
Smart Sourcing.
Operations Management.
Healthcare Industry
Overview of the current status of the industry.
Introduction:
ICD-10
Transition
As the Healthcare Industry transitions to ICD-10, changes and
restructuring of organizational policies and procedures will be
necessary. This transition will affect much more than the coding
department, if not prepared, it will significantly affect your
organization’s revenue flow.
IS YOUR ORGANIZATION PREPARED FOR THE OCTOBER 1
DEADLINE?
TBS is positioned to help develop a transition plan that will
avoid the potential for productivity losses and other challenges
that can negatively impact revenue. Properly preparing for this
transition will take more than just training coding
professionals.
02
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
The healthcare industry
is in an unprecedented
situation where success
will depend on right
collaboration of
technology and the
people who will drive it.
ICD-10
Get ready for ICD-10!
TBS can help you.
TBS has the experience necessary to analyze an
organization’s current as well as projected needs
surrounding the transition to ICD-10 coding
requirements and what could happen if not prepared.
Business Innovation.
Smart Sourcing.
Operations Management.
What is your ICD 10 Readiness?
Transition to ICD-10
Based on a Hospital’s annual revenue of $100,000,000 as an
example, here is a look at the potential impact of not being
prepared for the ICD10 Deadline of October 1, 2015:
02
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
Let’s assume the current amount of coders needed to meet billing requirements is, as an example
10 coders regardless of whether they are in house or remote contracted coders.
Many organizations including Blue Cross Blue Shield are reporting Hospitals are finding ICD-10
coding can take 2-3 times longer than ICD-9 coding.
Transition to ICD-10 on 10/1/2015 would then require approximately 20 coders to clear the same
amount of charts as it is estimated that each chart will take as much as 50% longer to complete
Consequently if you consider of the 10 average charts each coder is estimated to complete per
day(which is half of today’s production) it is expected that half of them could be denied because
of mistakes with the new ICD-10 codes
Based on your average monthly billing of $8,333,333 and a denial of between 40-50% more of
monthly claims filed you could have a cash shortfall of 3.3 to 4.1 million dollars per month.
07
Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
TBS ICD-10 Transition Services
Our engagement & implementation.
TBS ICD-10
Transition Services
Provide consultation services to assess your medical
coding needs for transition to ICD 10 and develop plans to
assure readiness
1. Assess Coding Needs
2. CDI Training
3. Supply Trainers
4. Reserve Vetted Coders
6. Underpayment Recovery
5. Help Acquire Funding/Capital
Administer CDI training for staff to better
understand the documentation requirements
for the additional information needed in ICD -10
Coding
Supply AHIMA Certified Trainers to improve skill
and audit the ICD 10 coding of your current
coding staff.
Reserve the amount of coders needed for the ICD 10 transition from the
TBS pool of fully vetted and certified remote medical coders. TBS will
contract with you to supply, manage and pay these contracted medical
coders as outsourced staffing
TBS will align you with a funding source to
help manage any potential short term cash
flow caused by ICD 10 transition issues.
Provide a prior 12 month audit review of all
zero balance accounts to identify and rebill
any underpaid claims to offset the costs of
additional coders needed.
Our Team at TBS could help
you plan and prepare for
ICD-10 and avoid potential
cash flow shortages with the
following service options:
Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
03
Our team recognizes the complex and unprecedented
challenges facing the healthcare industry today. Be it in the
area of business process management, interoperability,
population health management or patient engagement, we
work closely with clients in developing, what we refer to as the
“TBS Healthcare Solutium”. This is a unique and highly
customized business solution that TBS has created, along with
its consortium of selected delivery partners, that enables us to
fulfill the client's exact requirements.
About TBS
TBS is a strategic advisory and operations consulting firm has an
abundance of experience and knowledge of the issues facing
the business of healthcare today. Transnational's healthcare
practice vertical is headed by highly experienced healthcare
professionals along with veteran business executives with
deep insight about the challenges and continually evolving
landscape of the healthcare industry. Together our team
utilizes proven business practices to identify the key issues
facing an organization and works with specific subject matter
partners to provide proven solutions for their particular needs.
WHO WE ARE
Overview of our operations.
Business Innovation.
Smart Sourcing.
Operations Management.
Our Leadership Team
For the Healthcare vertical.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
Sumantra Sen
Founder & Managing Director
sumantra@transbizsolution.com
Dr. Charles Aswad
Director - TBS Healthcare Services
charles@transbizsolution.com
Manab Sen
Principal Strategic Advisor
manab@transbizsolution.com
04
Tim Kirsch
Consulting Partner
tim@transbizsolution.com
Janet Horton
Medical Billing & Coding Manager
jhorton@tbsmedicalbilling.com
Leadership Team Bios available at: www.transbizsolution.com/leadership
Our management
team consists of
Healthcare and
Business Experience
with decades of
success.
We have assembled a
consortium of service
Partners that bring the
best practice solutions
to the issues facing
healthcare today.
Our process
preserves your
current strengths,
and adds improved
solutions to prepare
for the needs of
tomorrow.
Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
VISION
&
MISSION
What we believe in
Our guiding principles.
05
“ ”
“
TBS recognizes the unprecedented and complex challenges
facing the healthcare industry today. Our vision is to provide
holistic and integrated solutions to the new emerging
healthcare system.
”
Our mission is to drive our client’s success through our
deep domain knowledge of healthcare, along with best
practice solutions with our consortium of proven
partnered providers.
Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
TBS Service Approach
Our Approach
06
This Includes:
 Decision making tools for care planning
and implementation
 Patient engagement
 Improvement of operational efficiency
 Coordination of care efforts of hospital
and physician groups into one
Participating Provider System (PPS).
Care
Provision
Care
Management
Our team recognizes the complex
and unprecedented challenges facing
the healthcare industry today. Our
role is to transform healthcare
organizations from “Care Provision”
to “Care Management” in line with
the trend towards performance
based reimbursement.
OUR
HEALTHCARE
SERVICES
The TBS Process
07
Discovery Design
Implementation
and Results
Once our solutions
are implemented,
we will then work
with our clients to
bring measured
results along with
continued process
improvements.
Business Innovation.
Smart Sourcing.
Operations Management.
We engage
with our clients
to get a deep
understanding
of their
immediate
challenges as
well as those
that lie ahead.
“
”
Our engagement & implementation.
Once we identify
the needs, plans
and solutions
will be developed
that best address
the issues.
“
”
“
”
TBS
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
The TBS “Solutium” 01
08
Together with our consortium of partners we provide the following
solutions to the challenges facing healthcare today!
Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
Population
Health
Management
with advanced
and Predictive
Analytic
solutions
TBS Advisory
 Project Management
 Change Management
 Innovation
 Human Capital
Management
Financial
Sustainability with
best practice
Revenue Cycle
Management
solutions
Business Process
Improvement in
organizational and
IT systems &
solutions
Delivery of
healthcare
content to meet
the challenges
of the shifting
payment model
1. Business process
Integration and
improvement.
2. Secure Healthcare
Communications
3. Compliance and
content management
4. Population health &
disease management.
5. Clinical Trial/Grant
Management Solutions
6. Revenue Cycle
Management Payers &
Providers.
Our Health Care
Services Include:
Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
Why TBS
Why Us?
WHY TBS FOR
HEALTHCARE
CONSULTING?
09
 Subject Matter Expertise (Clinical) hands on and leadership
experience in provider organizations
 Deep understanding of changes, challenges and
opportunities related to the transition occurring in the
healthcare industry
 Nationwide senior level contacts within and outside of the
Healthcare industry
 Senior Business Leadership experience both Nationally and
Internationally
 Hands on experience in designing IT enabled business
process solutions.
 Strong project management skills covering multiple verticals
 Focus on cost saving solutions which are critical to
Healthcare Organizations stability.
 Proven solutions delivered from the partnerships assembled
in the TBS “Healthcare Solutium”
TBS will assist in the
Project planning stages
right through the
implementation and
review of success of
the projects for each of
our clients we are
collaborating with.
Business Innovation.
Smart Sourcing.
Operations Management.
HEALTHCARE SERVICES COLLATERAL. © 2015.
www.transbizsolution.com/healthcare
THANK YOU!
Contact Us:
45 West 34th Street
Suite #1107
New York, NY 10001
www.transbizsolution.com
sales@transbizsolution.com
800-362-8691

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ICD-10 Transition Services Presentation

  • 1. Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare TBS Strategic Advisory Consulting The TBS “Solutium’’ Transnational Business Solutions' ICD-10 Transition Services Presentation
  • 2. Business Innovation. Smart Sourcing. Operations Management. Healthcare Industry Overview of the current status of the industry. Introduction: ICD-10 Transition As the Healthcare Industry transitions to ICD-10, changes and restructuring of organizational policies and procedures will be necessary. This transition will affect much more than the coding department, if not prepared, it will significantly affect your organization’s revenue flow. IS YOUR ORGANIZATION PREPARED FOR THE OCTOBER 1 DEADLINE? TBS is positioned to help develop a transition plan that will avoid the potential for productivity losses and other challenges that can negatively impact revenue. Properly preparing for this transition will take more than just training coding professionals. 02 HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare The healthcare industry is in an unprecedented situation where success will depend on right collaboration of technology and the people who will drive it. ICD-10 Get ready for ICD-10! TBS can help you. TBS has the experience necessary to analyze an organization’s current as well as projected needs surrounding the transition to ICD-10 coding requirements and what could happen if not prepared.
  • 3. Business Innovation. Smart Sourcing. Operations Management. What is your ICD 10 Readiness? Transition to ICD-10 Based on a Hospital’s annual revenue of $100,000,000 as an example, here is a look at the potential impact of not being prepared for the ICD10 Deadline of October 1, 2015: 02 HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare Let’s assume the current amount of coders needed to meet billing requirements is, as an example 10 coders regardless of whether they are in house or remote contracted coders. Many organizations including Blue Cross Blue Shield are reporting Hospitals are finding ICD-10 coding can take 2-3 times longer than ICD-9 coding. Transition to ICD-10 on 10/1/2015 would then require approximately 20 coders to clear the same amount of charts as it is estimated that each chart will take as much as 50% longer to complete Consequently if you consider of the 10 average charts each coder is estimated to complete per day(which is half of today’s production) it is expected that half of them could be denied because of mistakes with the new ICD-10 codes Based on your average monthly billing of $8,333,333 and a denial of between 40-50% more of monthly claims filed you could have a cash shortfall of 3.3 to 4.1 million dollars per month.
  • 4. 07 Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare TBS ICD-10 Transition Services Our engagement & implementation. TBS ICD-10 Transition Services Provide consultation services to assess your medical coding needs for transition to ICD 10 and develop plans to assure readiness 1. Assess Coding Needs 2. CDI Training 3. Supply Trainers 4. Reserve Vetted Coders 6. Underpayment Recovery 5. Help Acquire Funding/Capital Administer CDI training for staff to better understand the documentation requirements for the additional information needed in ICD -10 Coding Supply AHIMA Certified Trainers to improve skill and audit the ICD 10 coding of your current coding staff. Reserve the amount of coders needed for the ICD 10 transition from the TBS pool of fully vetted and certified remote medical coders. TBS will contract with you to supply, manage and pay these contracted medical coders as outsourced staffing TBS will align you with a funding source to help manage any potential short term cash flow caused by ICD 10 transition issues. Provide a prior 12 month audit review of all zero balance accounts to identify and rebill any underpaid claims to offset the costs of additional coders needed. Our Team at TBS could help you plan and prepare for ICD-10 and avoid potential cash flow shortages with the following service options:
  • 5. Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare 03 Our team recognizes the complex and unprecedented challenges facing the healthcare industry today. Be it in the area of business process management, interoperability, population health management or patient engagement, we work closely with clients in developing, what we refer to as the “TBS Healthcare Solutium”. This is a unique and highly customized business solution that TBS has created, along with its consortium of selected delivery partners, that enables us to fulfill the client's exact requirements. About TBS TBS is a strategic advisory and operations consulting firm has an abundance of experience and knowledge of the issues facing the business of healthcare today. Transnational's healthcare practice vertical is headed by highly experienced healthcare professionals along with veteran business executives with deep insight about the challenges and continually evolving landscape of the healthcare industry. Together our team utilizes proven business practices to identify the key issues facing an organization and works with specific subject matter partners to provide proven solutions for their particular needs. WHO WE ARE Overview of our operations.
  • 6. Business Innovation. Smart Sourcing. Operations Management. Our Leadership Team For the Healthcare vertical. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare Sumantra Sen Founder & Managing Director sumantra@transbizsolution.com Dr. Charles Aswad Director - TBS Healthcare Services charles@transbizsolution.com Manab Sen Principal Strategic Advisor manab@transbizsolution.com 04 Tim Kirsch Consulting Partner tim@transbizsolution.com Janet Horton Medical Billing & Coding Manager jhorton@tbsmedicalbilling.com Leadership Team Bios available at: www.transbizsolution.com/leadership
  • 7. Our management team consists of Healthcare and Business Experience with decades of success. We have assembled a consortium of service Partners that bring the best practice solutions to the issues facing healthcare today. Our process preserves your current strengths, and adds improved solutions to prepare for the needs of tomorrow. Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare VISION & MISSION What we believe in Our guiding principles. 05 “ ” “ TBS recognizes the unprecedented and complex challenges facing the healthcare industry today. Our vision is to provide holistic and integrated solutions to the new emerging healthcare system. ” Our mission is to drive our client’s success through our deep domain knowledge of healthcare, along with best practice solutions with our consortium of proven partnered providers.
  • 8. Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare TBS Service Approach Our Approach 06 This Includes:  Decision making tools for care planning and implementation  Patient engagement  Improvement of operational efficiency  Coordination of care efforts of hospital and physician groups into one Participating Provider System (PPS). Care Provision Care Management Our team recognizes the complex and unprecedented challenges facing the healthcare industry today. Our role is to transform healthcare organizations from “Care Provision” to “Care Management” in line with the trend towards performance based reimbursement. OUR HEALTHCARE SERVICES
  • 9. The TBS Process 07 Discovery Design Implementation and Results Once our solutions are implemented, we will then work with our clients to bring measured results along with continued process improvements. Business Innovation. Smart Sourcing. Operations Management. We engage with our clients to get a deep understanding of their immediate challenges as well as those that lie ahead. “ ” Our engagement & implementation. Once we identify the needs, plans and solutions will be developed that best address the issues. “ ” “ ” TBS HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare
  • 10. The TBS “Solutium” 01 08 Together with our consortium of partners we provide the following solutions to the challenges facing healthcare today! Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare Population Health Management with advanced and Predictive Analytic solutions TBS Advisory  Project Management  Change Management  Innovation  Human Capital Management Financial Sustainability with best practice Revenue Cycle Management solutions Business Process Improvement in organizational and IT systems & solutions Delivery of healthcare content to meet the challenges of the shifting payment model 1. Business process Integration and improvement. 2. Secure Healthcare Communications 3. Compliance and content management 4. Population health & disease management. 5. Clinical Trial/Grant Management Solutions 6. Revenue Cycle Management Payers & Providers. Our Health Care Services Include:
  • 11. Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare Why TBS Why Us? WHY TBS FOR HEALTHCARE CONSULTING? 09  Subject Matter Expertise (Clinical) hands on and leadership experience in provider organizations  Deep understanding of changes, challenges and opportunities related to the transition occurring in the healthcare industry  Nationwide senior level contacts within and outside of the Healthcare industry  Senior Business Leadership experience both Nationally and Internationally  Hands on experience in designing IT enabled business process solutions.  Strong project management skills covering multiple verticals  Focus on cost saving solutions which are critical to Healthcare Organizations stability.  Proven solutions delivered from the partnerships assembled in the TBS “Healthcare Solutium” TBS will assist in the Project planning stages right through the implementation and review of success of the projects for each of our clients we are collaborating with.
  • 12. Business Innovation. Smart Sourcing. Operations Management. HEALTHCARE SERVICES COLLATERAL. © 2015. www.transbizsolution.com/healthcare THANK YOU! Contact Us: 45 West 34th Street Suite #1107 New York, NY 10001 www.transbizsolution.com sales@transbizsolution.com 800-362-8691