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What is Rock-Solid
Intelligence?
Rock-Solid Intelligence is the latest innovative product
from Rock-Pond Solutions. This FREE monthly publication is created specifically for the home infusion industry and is filled with information, timely
solutions, and valuable insight that you can use. |
In This
Issue: June
2007
Featured Sponsor - McKesson Medical-Surgical
Rock-Solid Intelligence is supported by some of the best companies serving the home infusion industry. Each month we will
feature one company and list them all at the bottom of the publication. We appreciate their support and encourage you to learn more about their
products and services.
McKesson Medical-Surgical has long been recognized as a leading national distributor of medical-surgical supplies and
equipment for the home care industry. Customers not only benefit from the breadth of product and service offerings, but can also leverage
McKesson's expertise and cutting edge technologies to help improve overall business performance and expand patient care services.
To learn more about
McKesson's home care capabilities,
New at Rock-Pond
Solutions
Pro Cure Consulting, Inc. and Rock-Pond to
provide Product Analysis Service
Improving the profitability of your business can be a tricky thing in today’s health care environment.
With the option to raise prices out of the question in most cases, providers need to look for ways to reduce costs and expand into profitable
markets. The ability to analyze your drug data by payer, physician and referral source can be the key to identifying trends and
opportunities. Rock-Pond is working with Pro Cure Consulting,
Inc. to develop a Product Analyzer tool that will provide detailed analysis of drug dispensing data as well as provide comparative analysis
against a top 100 infusion drugs database maintained by Pro Cure. Pro Cure will offer this as a service to home infusion providers
beginning in August 2007.
Customer Case Study:
Provider Turns to Rock-Pond Solutions to Integrate with Oracle
Financials
Home Infusion Software does a great job of capturing the clinical and financial data needed to service patients and get
reimbursed for the services from the payer. They also capture the product costs associated with business operations to help you
measure profitability. However, to get a more complete view of your business, you need to transfer this data to your back end
financial systems that incorporate all of your income, expenses, liabilities, assets and equity.
Recently a multi-site infusion provider turned to Rock-Pond Solutions to provide an automated process to calculate G/L journal
and create a G/L export file to automatically transfer them to a back-end Oracle financial system. Using system configuration
features within CPR+ and the power of Crystal Reports to extract the data and format into an export file, G/L entries at the company, service and
program level were provided for unbilled A/R, revenue, cost of goods, cash receipts, adjustments and unapplied cash. Now that
takes a lot of calculation and manual entry out of every month end process! View Sample
Export File.
Need help with your business? Contact Rock-Pond Solutions. If we can't help you we
are sure one of our business partners can. |
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Reports of the
Month
Each month Rock-Solid Intelligence features a report from Home
Infusion Reports that give you critical business information from the data you already have.
Understanding Case Mix is critical to managing a home infusion
company
Every business has key indicators that gauge how business is going. In home infusion therapy,
payer type, therapy type and referral source are on the top of this list. If you keep your "thumb" on the type of services you are providing,
where they are coming from and who is paying for them you'll have fewer surprises. It's important to get immediate feedback when your case mix
changes or if your intake / clinical staff are not promptly discharging orders and patients.
Sample Report Patients with Active Orders by Payer within Therapy
Type |
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NHIA Listserv
Lessons
The NHIA Listserv is a members-only resource for home infusion providers to get quick answers
to any question or concern they have from their peers across the country. Each month Rock-Pond Solutions selects a listserv thread and summarizes it
here for you.
Enteral Practice
Standards
Can anyone share their practices regarding enteral therapy? Specifically, I
have 2 questions: 1. For bolus feeders, how many catheter tip syringes do you dispense, one per week, one per day or something different? 2. How do
you handle patients who insist on washing out pump sets or gravity sets to use them for multiple days even though the manufacturer recommends a daily
change? Do you charge a per diem for every day they are on service or only for the number of sets you send?
Learn from the NHIA member responses.
These and other questions are posed, discussed and answered every
day on the NHIA listserv. The listserv is a member benefit you should take advantage of. If you are not a NHIA member, Rock-Pond Solutions
recommends you join today. |
Rock-Pond Solutions enjoys the opportunity to work along side the most
innovative people and organizations in the industry. Each month our partners share their experience, knowledge, and insight to help you solve a day-to-day
problem, keep you informed of industry trends, deliver critical business information, and save you time and money. |
Partner Connections
We are
pleased to offer some great experience and advice directly from our Rock-Solid partners.
Leadership: An Analysis: By David Franklin, Advanced Care Consulting
Services
Being a successful leader is more than going first. David Franklin offers some helpful insights to evaluate and
fine tune the leadership qualities of your company.
MRSA (Methicillin - Resistant Staphylococcus Aureus) on the Rise By HHLA Clinical Staff
Over the past several years, most
serious Staphylococcus aureus infections were treated with an antibiotic related to penicillin. Treatment of these infections have become increasing
more difficult because staph bacteria have become resistant to various antibiotics. Public health experts are alarmed by the
steady increase of MSRA cases.
Read
more.
Using Clinicians to Improve
Reimbursement By Pearl Shores, President Shores
Enterprises
Getting paid timely and accurately is the job of the reimbursement department, right?
Absolutely. However, "clinical eyes" on what is getting confirmed and the bills that are going out can make a huge difference in how well your
company works together and the financial results you achieve.
Learn
how.
Software Implementations: Multi-site conversion planning By
Pete Tanguay
Multi-site implementations can be
exponentially more difficult than when you are implementing software in just one site. How do you decide how many sites to bring up at one
time? Close your eyes and do them all at once? Spread the implementation over 2 years? Well, it just depends.
4 questions you should
ask. |
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TechnologyTip of the
Month
Each month
Rock-Solid Intelligence shares a technology tip or software program that has made our work a little easier.
Rid your PC of viruses and malicious software with ease
Staying up to date on malicious software that can harm your
system is a difficult job, which is why we usually let professional anti-virus software handle the task. There are typically three
scenarios:
- You've been meaning to purchase and install anti-virus software but just haven't had the time to do so or maybe don't know how or which software
to buy.
- You're installed anti-virus software is out-of-date and you haven't had time to
renew it or there is a problem preventing it from being updated.
- You've installed anti-virus software and keep it up-to-date and perform regular
scans.
For those of you that fall into one of the first two statements above, there is
an easy solution. It's called HouseCall by Trend Micro. Trend Micro is a leading software vender fighting the battle against malicious software that
can damage your PC. HouseCall is a web based application that requires no complicated installation and will scan your system for viruses,
spyware, malware, and other vulnerabilities. The best part is that it's free.
So if you feel your system may need a good cleaning, give Trend Micro's
HouseCall a try and get some peace of mind!
Click
here to visit Trend Micro's House Call!
Closing thought: If you fall into category #3, let Trend Micro evaluate
the effectiveness of the software you've chosen.
Rock-Solid Intelligence is
sponsored by:
The following companies are recognized industry
leaders and financial sponsors of Rock-Solid Intelligence. Take a minute to click on their logo to find out how their producs and services will
make a difference in your business.
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Rock-Pond Solutions
1910 Centennial Club Drive | Conway, AR 72034
info@rock-pond.com | 501-450-6446
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