All organizations face a number of challenges when it comes to hiring new employees, regardless of the sector in which they operate. The healthcare sector is no exception. In fact, the task is even more sensitive for them because of the nature of the jobs in this sector. In the past, most firms had a human resources department which was responsible for hiring new employees and handling other things like employee training. But with the advent of healthcare recruiting firms such as Proactive Healthcare Recruiters, it is no longer necessary to have a HR department, especially for small organizations. Below are four reasons why you should use a healthcare recruiting firm.
1. Access to a wider talent pool
Using a healthcare recruiting firm gives you access to a wider talent pool and this increases your chances of getting employees who meet all your requirements. Doing the recruitment on your own greatly limits your options and you may end up settling for someone just because you could not get better. Healthcare staffing agencies strive to understand your needs as an organization and they can therefore help you find the perfect candidate for the position you are looking to fill without much hassle. The candidates go through rigorous assessments and tests to ensure they are a great fit for your organization.
2. Reduced costs
Running a HR department is quite costly and this is why using a healthcare staffing agency makes more sense. You only pay the agency when you need their services and you will not have to spend money on expenses like salaries and benefits of HR staff and other overhead costs related to the HR department. The agency will handle the whole recruitment process from beginning to end, including things like drug screening and carrying out background checks, and all this at an affordable cost.
3. Extensive experience and expertise
Healthcare recruiting firms are usually staffed with experts in the field and since they specialize in the healthcare industry, they are well versed with the changes in the sector and can therefore get you the best talent out there. Due to their experience and expertise, they are also likely to complete the recruitment process much faster, saving you valuable time. Things like background checks will be done very thoroughly and they will be able to catch things that you would have missed if you had attempted to do the background screenings yourself.
4. Lower employee turnover
This is because of the fact that staffing agencies find people who are a great match for their clients in terms of shared values and beliefs. This means that both employers and employees are more satisfied in the end and this greatly reduces employee turnover. This is beneficial to healthcare organizations as less time and money is wasted on training new employees and the output is therefore much better in the long run. The employees are also likely to be more motivated if they are happy to work for you and you can be sure to end up with a healthy and peaceful work environment.
Denied healthcare claim is a growing concern among medical practices because it often appears that every other claim faces refusal. Many people might think that the medical reforms that are underway could alleviate the problem, but this could be a wrong perception. The reason is that the majority of claims refusal occurs due to mistakes and negligence in medical billing and coding, which has nothing to do with the reforms. What is required to mitigate the problem is to have a claim denial management process in place but handling it can become a concern for the in-house medical billing and coding personnel. The process is considerably time-consuming and trying to do it manually can turn out to be frustrating. Instead, seeking the services for Outsourcing Insight, a company that is expert in managing accounts receivables is an efficient way of handling it.
Claim refusal - reasons
Almost fifty percent of the claims refusal happens because of insurance-related issues. The most important thing to consider when extending medical services to patients covered by insurance is to ensure that the patient procedure has proper coverage in the medical insurance policy. Another very concerning reason is that the eligibility was no more in force because it had expired.
Against the above backdrop, it becomes quite clear that before you provide medical services to patients covered by insurance, you should verify the insurance document carefully to ensure that you do not face any hurdles during claim settlement and receiving payment. You need to have a robust process for insurance verification together with a denial management process so that the difficulties are taken care before it can create problems. Ideally, you should hire the services of a professional company that can handle the entire function of accounts receivables that ultimately help to maintain a healthy bottom line.
Insurance verification checklist
Verification of the insurance documents is not tricky if you know what questions to ask and what data could create problems when processing claims. The process entails verifying the data on the insurance card with the respective insurance company or from the electronic eligibility systems. Besides checking the personal data like name, address and phone number, the validity of the policy (commencement and end dates), current coverage, whether the procedure of service requites is covered, exclusions of the policy, co-pay and deductible as well as requirement of any pre-authorization are points to be covered during verification.
Patient data recording
The job of patient data recording done by the in-house staff is as much important in processing claims because it forms the foundation of claims. Every entry recorded at the time of registering patient data is critical because a single error in coding or billing entry can make the difference between a successful claim and denial. Proper training to the personnel can ensure that they do not make any data entry or coding error.
The company that handles accounts receivable services can help in this regard in case your in-house staff turns out to be incompetent.