We at GeBBS are pleased to be mentioned prominently in a recent article in the Wall Street Journal. The piece, "Keep Employees Happy With Creative Perks", interviews some select "creative small firms" who use innovative benefits to keep their employees happy.
GeBBS Healthcare Blog
ENGLEWOOD CLIFFS, NJ, May 08, 2013 -- GeBBS Healthcare Solutions, Inc., an industry leader in healthcare revenue cycle management outsourcing solutions, will be demonstrating its state-of-the-art coding platform, iCode, at the Radiology Business Management Association (RBMA) 2013 Radiology Summit, May 19-22 in Colorado Springs, Colorado.
Becoming an accountable care organization (ACO) requires that your facility adopt a completely new point of view when it comes to revenue cycle management. The goal of an ACO is to reduce costs by improving the quality of care provided to patients. Providers are encouraged to and boost preventative efforts that may ultimately reduce the future need for high-cost medical services such as hospital stays. As a reward for the collaborative efforts of the ACO, participating insurers such as Medicare will generally offer financial rewards for lowering costs and meeting quality care goals for their patients. On the down side, this also means that ACO providers are accountable to Medicare and may risk losing money if their costs run higher than expected. Costs will no longer just affect overall profitability; for example, they will be evaluated in conjunction with efficiency to determine reimbursement parameters. Healthcare organizations need to be able to collect the correct financial and quality data, compile accurate reports and run predictive analytics in order to meet ACO objectives of better care at lower costs.
Tags: Business Process Outsourcing (BPO), Revenue Cycle Management (RCM), Evaluation and Management (E&M) Requirements, GeBBS Healthcare Solutions, Healthcare Revenue Billing, Medical Coding, Knowledge Process Outsourcing (KPO), Accountable Care Organizations (ACOs), Affordable Care Act
For physicians, getting paid properly for the services they provide is extremely important. Between constantly changing coding rules and dozens of insurance contracts -- each with its own coverage, billing and payment terms -- many medical practices find it difficult to keep up. As a result, physicians too often are paid less than they actually should be which impacts their cash flow.
On October 1st, 2014, the official use of and mandatory transition into ICD-10 in the United States will commence. In addition, it will be split into two systems: ICD-10-Clinical Modifications (CM) (a system that uses unique alphanumeric category classifications for the first time, includes more than 68,000 diagnostic codes, and has twice as many categories as ICD-9-CM), and ICD-10 procedure coding system (PCS) (a system for inpatient hospital procedure coding).
GeBBS Healthcare Solutions, Inc., an industry leader in healthcare revenue cycle management (RCM) outsourcing solutions, announced recently that Pooja Mehendale, the company’s Vice President of Human Resources, has received an Award in the Women Super Achiever Category from the Employer Branding Institute. The award was bestowed on Ms. Mehendale for her outstanding achievements in the Human Resources (HR) field.
The Employer Branding Institute provides a forum for senior leaders in HR to connect with each other in cyber space to share best practices in Employer Branding, Talent Management, Talent Development and Talent Innovation. The Branding Institute Awards, representing HR leaders from over 36 countries, create a platform to celebrate the very best in Employer Branding in several Asian countries.
GeBBS has a keen interest and focus on managing its human capital by providing development through training and certification of its workforce. One of the company’s core values is to make its employees’ work environment a positive and rewarding experience, over and beyond financial compensation. Ms. Mehendale is responsible for overseeing and fostering this positive employee environment.
“We are pleased that Ms. Mehendale has received this well-deserved recognition,” commented Nitin Thakor, President and Chief Executive Officer of GeBBS Healthcare Solutions. “Successful company cultures are created; they just don’t happen." “We are gratified that Ms. Mehendale is using her experience to strengthening our human capital initiatives and build a stronger team to better serve our healthcare clients.”
GeBBS Healthcare Solutions is a Business Process Outsourcing company that specializes in enhancing the financial performance of healthcare providers by seamlessly supporting their revenue cycle management. The company is based in Englewood Cliffs, NJ, and operates multiple delivery centers around the world. This unique combination of healthcare industry expertise, technology and global resources yields cost and operational efficiencies that are among the best in the industry.
Q&A with GeBBS Leadership Team
- What one word best describes GeBBS today?
- Why do you think this word describes us today?
Because our company is constantly growing in several areas our employee population, our service offerings, and our people’s abilities, as they learn, develop new skills and take on more responsibility.
- What is your most memorable moment at GeBBS?
I think the moment I realized that our company was destined to be a major player in the healthcare industry was a turning point for me.
- What sets our company apart from the rest?
We’re not afraid to take on the “big challenges” that our clients face; therefore, our services become an integral part of their operations.
Information About You:
- When did you join the company?
- What was your first position at GeBBS?
founded the company and started in a management position, but I have grown with my responsibilities the same way an entry level employee does with our company.My military training has taught me that leaders must also serve.
- What do you like to do in your spare time?
Meditation, Yoga, Reading.
When you are one of the largest medical billing services companies in the Southwest U.S. and your mission is to help other physician groups solve their staffing and financial challenges, how do you react when you are faced with these very same issues?