It’s important to know what is going on at your home health agency at all times. This is especially true when it comes to business and finance matters. Home health billing errors can cost your agency a significant amount in penalties and fees. At the same time, fixing these errors takes up a lot of time that could be better spent on patient care. Here are some ways you can stay on top of errors and avoid problems.
7 Ways to Reduce the Risk of Home Health Billing Errors
- Conduct a thorough analysis of your home health agency’s billing practices to ensure no exposure goes uncovered.
- Establish compliance standards, and conduct internal monitoring and auditing of those standards.
- Stay up-to-date on coding rules and federal regulations by reading current information on CMS Home Health Agency Center pages.
- Identify billing problems, look for patterns, track denied claims, and avoid improper payments by taking the appropriate corrective action.
- Due to ever changing regulations, it’s important to train your staff on all new coding and billing rules and regulations as they happen. Don’t get behind. It might be difficult to catch up if you do.
- Use updated coding standards, including current procedural terminology and ICD-10 codes.
- Consider using a home health billing service to streamline daily operations. They can help collect what you are owed so you can reinvest in your business for continued growth.
Home Health Billing Services from HEALTHCAREfirst
Whether you bill Medicare, private insurance, or both, HEALTHCAREfirst billing experts have the experience needed to quickly and properly submit your claims. Our home health billing experts have the knowledge, training, and experience needed to process claims accurately and quickly. Furthermore, we offer billing recovery services to resolve unfiled and rejected claims. As a result, you will experience fewer billing errors, faster turnaround time, and improved cash flow.
The HEALTHCAREfirst Difference
HEALTHCAREfirst can ease the headaches associated with billing and collect what you are owed for your services. Contact us for a free billing consultation, or call us at 800.841.6095 to speak with an expert about how we can help your agency improve revenue and help you get back to caring for patients.