Latest / Becker’s Healthcare Podcast / Shannon Cameron on AI, Analytics and the Future of Revenue Cycle Leadership
Transcript
- 0:02- There's a small circle of people who truly
- 0:04- understand what it takes to lead a health
- 0:05- system right now. The decisions are enormous.
- 0:08- The variables are constantly shifting, and the stakes
- 0:11- of getting a call wrong don't stay contained.
- 0:14- That's not a complaint. It's a structural reality.
- 0:17- And it's why the most effective c suite
- 0:19- leaders are deliberate about where they go to
- 0:21- pressure test their thinking.
- 0:22- Becker's fourteenth annual CEO and CFO roundtable
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- 0:28- executive level attendees
- 0:30- and nearly 400 speakers for four days built
- 0:32- around growth, financial sustainability,
- 0:35- workforce strategy, and the leadership questions that don't
- 0:38- have easy answers.
- 0:39- Join us November second through the fifth in
- 0:41- Chicago.
- 0:42- For the agenda and event details,
- 0:45- visit beckershospitalreview.com
- 0:47- and click on the events tab in the
- 0:49- upper right.
- 0:50- This is Scott Becker with the Becker's Healthcare
- 0:54- Podcast.
- 0:55- I am thrilled today to be joined by
- 0:56- your brilliant leader from the Harvard Faculty Foundation,
- 1:00- the chief operating officer of AFS.
- 1:02- But we're we're visiting today with Shannon Cameron,
- 1:05- who's a fantastic leader and brilliant in the
- 1:08- revenue cycle particularly.
- 1:09- Shannon, could you take a moment and introduce
- 1:12- yourself and tell us a little bit about
- 1:13- your career?
- 1:15- Sure.
- 1:16- My career, started many years ago.
- 1:19- Probably twenty six years ago, I started as
- 1:21- a health care in with a health care
- 1:23- consulting firm
- 1:24- and working in all specialties, and then that
- 1:26- took me over from the professional side over
- 1:28- to the facility side.
- 1:30- And,
- 1:31- through multi large organizations,
- 1:33- I spent several years at TeamHealth,
- 1:36- in invasion and Schumacher,
- 1:37- and then eventually found myself at Harvard Medical
- 1:40- faculty physicians.
- 1:41- And I am the current chief operating officer
- 1:44- of the revenue cycle.
- 1:45- And HMFP, as we refer to internally, is
- 1:48- a large multispecialty
- 1:50- academic physician organization.
- 1:52- And, my, you know, my department supports the
- 1:55- professional revenue cycle across, you know, a highly
- 1:58- complex
- 1:59- environment. We've got, academic and a community sign
- 2:03- that includes numerous clinical departments and specialties. We
- 2:06- have numerous different billing structures and operational workflows.
- 2:11- And, that's pretty much in a nutshell. That
- 2:13- was the quick kind of Reader's Digest version,
- 2:16- but I've been all over revenue cycle from,
- 2:19- the front end to back end collections. And
- 2:21- as I mentioned, as a consultant doing, a
- 2:24- to z gap analysis,
- 2:26- for large organizations that are getting ready to
- 2:28- do due diligence to go to market
- 2:30- or that we're looking to improve their, you
- 2:33- know, the bottom dollar.
- 2:35- Fantastic. And talk about sort of trends that
- 2:37- you're watching
- 2:38- in the revenue cycle area.
- 2:40- What what are you seeing currently? How
- 2:43- much of issues are denials, pre authorizations,
- 2:47- and so forth? What are some of the
- 2:48- key issues that you're really focusing on and
- 2:50- watching?
- 2:51- Well, denials and, of course, prior auths, all
- 2:54- of that is there's been a lot of
- 2:55- activity,
- 2:57- especially this past year in those areas.
- 2:59- But I have four major trends that I've
- 3:01- been keeping my eye on, and that includes,
- 3:04- of course, the rapid movement towards AI and
- 3:07- automation.
- 3:07- I've implemented several automated workflows into our existing,
- 3:12- system that has been quite,
- 3:14- successful for us, but not simply for coding,
- 3:17- but across documentation,
- 3:19- charge capture,
- 3:21- prior auths, denials,
- 3:23- payment posting, and patient access.
- 3:26- The real opportunity is not just reducing labor
- 3:29- as I I think a lot of organizations
- 3:31- are starting to find. It's using technology
- 3:34- to identify the revenue leakages earlier,
- 3:37- instead of being reactive, being more predictive,
- 3:41- and prioritize
- 3:42- our work more intelligently
- 3:44- in reducing the administrative burden for both clinicians
- 3:47- and staff, and then, of course, the overall
- 3:49- patient experience. What is the you know, how
- 3:51- does this improve,
- 3:52- the patient's experience through the whole process?
- 3:55- The next I think the next biggest area,
- 3:57- of course, is the payer complexity.
- 3:59- Of course, that's no secret to anybody in
- 4:02- revenue cycle.
- 4:03- We are seeing more aggressive medical necessity edits,
- 4:07- authorization
- 4:08- requirements,
- 4:09- and now we're seeing this downcoding and administrative
- 4:12- denials
- 4:13- based off of big data, of course. And
- 4:16- revenue cycle leaders have to become much more
- 4:18- proactive in their payer strategies
- 4:20- and use that data to distinguish true operational
- 4:23- problems from inappropriate payer behavior, which, you know,
- 4:26- we we've seen some of that. You know,
- 4:28- we try to partner with those payers, not
- 4:29- payer bashing, but, you know, there's a lot
- 4:31- of there's a lot of stuff going on
- 4:33- that we have to stay in front of.
- 4:35- Another trend that I think, is the pressure
- 4:37- to create enterprise consistency.
- 4:40- You know, while we're
- 4:41- while we are preserving specialty expertise, health systems
- 4:44- are consolidating
- 4:45- platforms and processes.
- 4:47- So standardization is great, but a workflow that
- 4:50- works for primary care may not work for
- 4:53- anesthesia
- 4:54- or emergency medicine or radiology or a surgical
- 4:57- specialty.
- 4:58- So successful centralization requires that thoughtful balance,
- 5:02- between the standardization
- 5:03- and specialty, you know, specific knowledge. So we
- 5:05- have to be really careful with that. You
- 5:07- know, there's been a lot of talk about
- 5:09- governance with AI
- 5:10- and a lot of of of drop you
- 5:12- know, moving systems in together to integrate, but
- 5:15- we have to be very careful that we're
- 5:17- not losing that specific, you know, area that
- 5:20- we need. And then finally, I'm I'm I'm
- 5:22- watching the evolution of the revenue cycle workforce.
- 5:25- You know, I think there was a big
- 5:26- misconception
- 5:27- that everyone was gonna lose their jobs. Yes.
- 5:29- We're reducing certain jobs,
- 5:31- but the the future will require
- 5:33- it will require fewer people performing repetitive transactions.
- 5:38- But more you know, we also need more
- 5:40- people who can interpret the data and manage
- 5:43- those exceptions and improve workflows and collaborate,
- 5:46- you know, with clinical and technology leaders. So
- 5:48- those are the big areas that have really
- 5:50- consumed,
- 5:51- you know, my time over the past couple
- 5:54- of years, and I'm sure, you know, other
- 5:55- leaders as well.
- 5:57- No. Take a moment on the artificial intelligence
- 5:59- side
- 6:00- and and also that last part of the
- 6:02- the the the trends you're talking about. So
- 6:04- we hear more and more of this. Well,
- 6:06- AIs can have a big impact.
- 6:09- It it still requires
- 6:11- really
- 6:12- smart people to
- 6:14- detail and figure out what to do with
- 6:16- the AI, the information that comes out, and
- 6:18- how to follow-up on it and execute it
- 6:20- and so forth
- 6:22- without losing that ability to do rigorous work
- 6:24- and really work through those things. So where
- 6:27- are you seeing AI have a big impact
- 6:28- on the revenue cycle?
- 6:30- And second, a little bit more on that
- 6:32- second trend or the fourth trend or thought
- 6:34- about what does it mean for the workforce
- 6:36- because we're seeing this so much in the
- 6:38- clinical and administrative area
- 6:41- where the predictions that AI would take over
- 6:43- everything
- 6:44- soon to be
- 6:45- quite exaggerated where there's still really a real
- 6:48- very real need
- 6:50- on so many things for a human in
- 6:52- the loop, a person in the loop, a
- 6:54- highly trained professional loop. Talk a little bit
- 6:56- about that.
- 6:57- Absolutely.
- 6:58- And you nailed it. I mean, that's that's
- 7:00- exactly what we're seeing. We've put a lot
- 7:02- of, you know, automation workflows into place,
- 7:05- but you have to have, as I mentioned
- 7:07- earlier, that governance piece of it. Someone has
- 7:09- to be watching.
- 7:10- You know, it's the system is garbage in,
- 7:12- garbage out. You know? I hate that for
- 7:14- lack of a better term. But whatever the
- 7:16- system is learning, you know, it has to
- 7:18- be appropriate. And sometimes things,
- 7:22- you cannot let the system and the automation
- 7:24- make,
- 7:25- it it can't make assumptions
- 7:27- that you have to have someone taking a
- 7:28- look at the nuances that are there. I'll
- 7:30- I'll give you an example. We we automated
- 7:33- some some features
- 7:34- with our practice management software, and I'll keep
- 7:37- that I'll keep that off the talk so
- 7:38- I can be anonymous with that. So it
- 7:40- because it's any any, any organization that's using
- 7:43- AI is going to have the same issue.
- 7:45- And what happened was is we automated a
- 7:47- workflow.
- 7:48- And
- 7:49- when we went live with it, we found
- 7:52- out that the system started erroneously adding a
- 7:55- modifier to our anesthesia procedures that it should
- 7:57- not have been. And there was some definite
- 8:00- pay payment
- 8:02- attachments to this modifier it was adding, and
- 8:04- it added it to every single case. We
- 8:06- went through a whole two year testing before
- 8:08- we went live. We went through all scenarios,
- 8:11- and no one, you know, no one could
- 8:13- know that this was gonna happen. And what
- 8:14- should have happened is that we went in
- 8:16- a small piece. A small batch went out
- 8:19- the door. And, you know, before
- 8:22- there's a lot to be learned here, but
- 8:23- at the same time, we should have had
- 8:24- people in place
- 8:26- to look at every single part and piece
- 8:28- that went out on that claim. That's just
- 8:29- one small example.
- 8:31- We we've got a lot of governance areas
- 8:33- of where we are now having special projects
- 8:35- team. So I have a whole new department
- 8:37- that we've created, and their whole job is
- 8:40- is it's it's special projects team, but the
- 8:42- special projects, if you will, they're part of
- 8:44- our a strategy as, you know, strategic plan
- 8:47- of we have new we have new problems
- 8:50- now that we didn't have before, and
- 8:52- it's harder to find those problems sometimes. This
- 8:54- one that I gave you, you know, that
- 8:56- one was pretty obvious, but there are things
- 8:58- that get embedded
- 8:59- and hidden in the system.
- 9:01- And what happens is systems tend to with
- 9:03- especially with AI automation is tends to layer.
- 9:06- It denials is a great example. The it
- 9:09- will layer denial over denial over denial, and
- 9:11- you think you have a denial for one
- 9:13- problem. But then when you open up the
- 9:15- claim and start deep diving into it, we
- 9:17- were finding there were really the root cause
- 9:19- was not even
- 9:21- transposing into the system. I don't wanna get
- 9:23- too detailed for you and lose everybody there.
- 9:24- But but the end of the day, what
- 9:26- we thought we were getting in a denial
- 9:28- report was not the true denial of what
- 9:30- we should be, you know, acting upon and
- 9:33- creating a a root, you know, root cause
- 9:34- analysis and go back and fix it at
- 9:36- inception instead of that in you know, the
- 9:38- definition of insanity
- 9:39- of doing the same things over and over.
- 9:42- A 100%. And and talk about as you
- 9:44- get into
- 9:45- the latter half of this year, into next
- 9:47- year, what are you most focused on and
- 9:49- excited about? What's the most interesting thing you're
- 9:51- watching?
- 9:53- I think the most interesting thing that I'm
- 9:55- watching, again, is what we can do with
- 9:57- the analytics
- 9:58- because,
- 9:59- one of the things that we have been
- 10:01- able to do is take the information and
- 10:04- learn so much more on a faster, you
- 10:06- know, on a faster level. In the past,
- 10:08- we would have to take all the payment
- 10:09- data, put it into of course, and we
- 10:11- would use our Power BI and our Excel
- 10:13- tools. And, you know, you can only pivot
- 10:15- so far and learn information. Now we can
- 10:17- it it the most exciting piece of it
- 10:20- is,
- 10:21- understanding our reimbursement trends and understanding
- 10:25- areas where
- 10:26- we thought we were being a paid paid
- 10:28- appropriately where we weren't. And that's exciting for
- 10:31- me because we were never able to discover
- 10:33- that. One area,
- 10:35- we found
- 10:36- is some of our payers are using,
- 10:38- the denial codes. We refer to those as
- 10:41- CART codes,
- 10:42- c a r c, and those are the
- 10:44- why a claim is denied.
- 10:46- Well, there's specific areas of that that you
- 10:48- can automate, and some of those don't need
- 10:50- a human to touch those. Even before AI,
- 10:52- you didn't need a human to touch it.
- 10:55- And most organizations now put in automation to
- 10:58- have those automatically written off. But by doing
- 11:00- payer analytics that I couldn't do before, we
- 11:03- discovered
- 11:04- that some of the payers were using those
- 11:07- card codes inappropriately,
- 11:08- and they were a 100% denying those instead
- 11:11- of taking, like, a contractual allowance is a
- 11:13- great example.
- 11:14- You know, that's where your fee schedule is.
- 11:16- You know how much you're gonna be paid.
- 11:18- Let's say your payer is Blue Cross Blue
- 11:20- Shield. Blue Cross Blue Shield's gonna pay you
- 11:22- $75
- 11:23- of your 100% you know, $100 charge. The
- 11:25- system automatically will come in and sweep those,
- 11:28- adjust you know, contractual adjustments off. Well, we
- 11:31- found that some of the payers are inappropriately
- 11:34- applying card codes.
- 11:37- It's a system issue, but it it's hidden,
- 11:39- and it's the the devil's in the detail.
- 11:41- If it's automatically written off, no one's going
- 11:43- to see that denial, and you've got thousands
- 11:45- upon thousands of dollars that are missed that
- 11:47- are being inappropriately,
- 11:49- assigned to the wrong area. So it's things
- 11:51- like that.
- 11:52- We are learning so much about what's happening
- 11:55- in our own system that we never could
- 11:57- have realized before.
- 11:59- That's literally remarkable.
- 12:01- And talk a little bit about you've had
- 12:03- this great leadership career,
- 12:05- great professional career.
- 12:07- What advice would you give to emerging leaders?
- 12:10- So emerging leaders,
- 12:12- first,
- 12:13- learn the business deeply enough that you can
- 12:15- connect your strategy
- 12:17- to what actually happens at the front line.
- 12:20- You know, you learn a lot about, you
- 12:21- know, while we're in school or while we
- 12:23- go through certification courses or whatever. You learn
- 12:25- about the way that the the, you know,
- 12:27- the industry is, but you have to learn
- 12:29- truly.
- 12:31- You know, you've gotta learn deeply enough of
- 12:32- what's really going on so you could put
- 12:34- that into an effective
- 12:36- plan. Leadership is not just setting a direction.
- 12:39- It's understanding how that direction affects clinicians, patients,
- 12:43- and people doing the work every day. You
- 12:45- have to you have to understand everyone's workflow.
- 12:48- I'm not saying a leader's supposed to get
- 12:50- down into the weeds of doing it, but
- 12:52- you need to understand what the roles are.
- 12:54- And second, I would say that it's really
- 12:56- important to become comfortable leading without direct authority.
- 12:59- And what I mean by that is not
- 13:00- stepping outside of authority. But in a complex
- 13:03- health care organization,
- 13:05- many of the people who, you know, whose
- 13:06- partnership you need will not report to you.
- 13:09- You've got those internal clients, if you will,
- 13:12- that you've gotta learn how to make those
- 13:14- relationships and understand how their role affects you.
- 13:17- And that's one of the things that, you
- 13:18- know, I had a leader, a mentor that
- 13:20- that taught me that. And I think I
- 13:22- would have missed it for a lot of
- 13:23- years had that not been pointed out to
- 13:24- me because you earn alignment for your credibility
- 13:27- and your transparency, your your ability to partner
- 13:30- with others, and then, of course, data and
- 13:33- genuine understanding of the of everyone's priorities and
- 13:36- how they're different.
- 13:37- And then I think the the the last
- 13:39- thing,
- 13:40- and, you know, most importantly,
- 13:43- this is a big lesson for me, and
- 13:44- it took me a while to get this
- 13:45- one, is do not confuse activity with progress.
- 13:48- You know, you hear the term
- 13:50- work smarter, not harder. You know, you have
- 13:52- to establish meaningful measures and be clear about
- 13:55- the outcome you're trying to achieve. You gotta
- 13:57- understand what is it you're trying to do
- 13:59- here and be willing to change course when
- 14:01- the data tells you something's not working. You've
- 14:03- gotta go back to the table. Don't put
- 14:05- a plan in place. I'm not saying to
- 14:07- change constantly, but you've gotta measure what you've
- 14:09- put into place and make sure that, you
- 14:11- know, is it effective? If not, what do
- 14:13- you need to tweak with that?
- 14:15- And then, of course, with that, you surround
- 14:16- yourself with talented people. I have one of
- 14:19- the best teams. I'm so proud of my
- 14:21- team. I know I can trust them. We
- 14:22- have full you know, we have you know,
- 14:25- it's it's we've got complete,
- 14:27- we all have line of sight with what
- 14:29- each person is doing. We lean on each
- 14:31- other, and we create an we've created an
- 14:33- environment where, you know, we can challenge each
- 14:35- other's assumptions without being afraid to speak up,
- 14:38- but then also develop those new skills and
- 14:40- take ownership of those.
- 14:42- And at the end, I guess my final
- 14:43- on that is evolving leaders sometimes feel they
- 14:45- they have to have every answer, and you're
- 14:47- not gonna know every answer. Strong leadership
- 14:50- is not about being the smartest person in
- 14:52- the room. It's about creating the conditions in
- 14:54- which the whole room can succeed together as
- 14:57- a team. When you're when you're trying to
- 14:58- be successful on your own, it's just never
- 15:00- gonna pay out for you.
- 15:02- Thank you so much. I I love your
- 15:04- point and how almost all of us work
- 15:06- in matrix organizations
- 15:08- of some sort.
- 15:09- In building alliances, partnerships, being reliable to people,
- 15:13- knowing who is great to work with,
- 15:16- knowing who to help with the problem, whatever
- 15:18- it might be is so important a part
- 15:21- of success
- 15:22- is, you know, like like,
- 15:24- one of my roles, I've served in a
- 15:25- 1,200 person law firm,
- 15:27- And knowing who the right lawyers are to
- 15:29- work with either right clients is so so
- 15:32- important,
- 15:32- and it doesn't come from direct operational responsibility
- 15:35- or direct supervision. It's knowing, okay, that person's
- 15:38- in that department, but they're great. So I
- 15:39- want them working with this with this client
- 15:41- or this person
- 15:43- is so, so important. And it's it's not
- 15:45- on the it's not on the org chart.
- 15:47- It's not on the it's not on the
- 15:49- typical advice, but it's a really important skill
- 15:51- and set in any
- 15:53- any
- 15:55- significant organization of any size at all. I
- 15:57- I think that just is brilliant and and
- 15:59- right on, and and I it resonates so
- 16:01- well.
- 16:02- No. I wanna thank you for joining us
- 16:04- today. Just brilliant. What a tremendous professional and
- 16:07- leader.
- 16:08- Thank you so much for joining us today
- 16:09- on the Becker's Healthcare Podcast. What a pleasure
- 16:11- to visit with you. Thank you so much.
- 16:13- Thank you. I I appreciate it. Thank you.