Close Menu
  • Home
  • About
  • Trauma Leadership
    • Program Management
    • System Leadership
    • Trauma Registry
    • Prehospital Trauma
    • Trauma Research
    • Trauma Conferences
  • Trauma Care
  • Jobs
    • Post a Job
    • Employer Dashboard
  • Virtual Summit on Geriatric Trauma
Facebook X (Twitter) Instagram
Trending
  • (Webinar) Trauma Program Leaders: How to Talk So Revenue Cycle Will Listen
  • ACS clarifies requirements in 10 trauma center standards
  • Research: Over half of severely injured patients first seen at Level III trauma centers or NTCs not transferred to higher-level care
  • Opinion: Military hospitals must not be excluded from civilian trauma systems
  • (Webinar) Effective Strategies for Reducing Length of Stay for Trauma Patients
  • Study identifies 6 gaps in state trauma registry development
  • Trauma Survey Notebook: ACS Level I reverification review in New York City
  • BCEN burn nursing certification now accredited and Magnet-accepted
Facebook X (Twitter) Instagram
Trauma System News
  • Home
  • About
  • Trauma Leadership
    • Program Management
    • System Leadership
    • Trauma Registry
    • Prehospital Trauma
    • Trauma Research
    • Trauma Conferences
  • Trauma Care
  • Jobs
    • Post a Job
    • Employer Dashboard
  • Virtual Summit on Geriatric Trauma
Trauma System News

Free Tool: Online Calculator for Estimating an Appropriate Trauma Activation Fee

0
By Trauma News on August 14, 2019 Member Resources

The trauma response fee — commonly known as the trauma activation fee — allows designated trauma centers to recoup the cost of trauma team readiness. While many centers have developed and implemented a trauma activation fee, program leaders are often uncertain whether they are charging too much or too little.

A new online calculator allows trauma program leaders to estimate what their center should be charging for trauma activations. The calculator was developed by Trauma Ready Consulting, a trauma center consulting firm.

“Many trauma leaders have a lot of uncertainty around activation fees,” said Alex Guerrero, MD, FACS, founder of Trauma Ready Consulting. “They are often concerned that their fee is too high, but in reality many programs are charging too little to cover the full cost of a 24/7 trauma program.”

“We created this calculator to help programs generate a solid estimate easily — and gain a better understanding of the underlying costs that should be driving your fee structure.”

To support the calculator, Dr. Guerrero has developed a worksheet that helps users gather the key data needed to determine an appropriate activation charge. The Trauma Activation Fee Worksheet can also be used as supporting documentation when submitting trauma fees to payers.

In addition, Dr. Guerrero has created a 14-minute video that explains how to use the Trauma Activation Fee Calculator and the accompanying worksheet. The video:

  • Reviews basic concepts and requirements for billing an activation fee
  • Explains why it is impossible to create an activation fee based on what other hospitals charge
  • Describes how to gather the financial and operational data needed to calculate an activation fee
  • Indicates where to find national averages that can be used to create a provisional estimate
  • Explains how to use the calculator to quantify potential annual activation fee revenue

To access the Trauma Activation Fee Calculator, click here.

To download the Trauma Activation Fee Worksheet instantly, click here.

To view the trauma activation fee video, click the play button below:

 

Author

  • Trauma News

Related Posts

Free PDF: How Trauma Programs Prepared for COVID-19

Free Tool: Trauma PI Dashboard

Free Tools: Trauma PI Screening and Adjudication Forms

Leave A Reply Cancel Reply

About Trauma System News

Trauma System News is the only information channel dedicated to trauma center and trauma system leadership and management. Find out more.

SiteLock
Copyright © 2024 Trauma System News

Type above and press Enter to search. Press Esc to cancel.