5 key elements to revenue cycle management in home health & hospice

2019-10-25T01:17:00+07:00May 24, 2019|Archive, Best Practices|

Effective home health and hospice Revenue Cycle Management (RCM) allows you to maintain financial stability, so you can reinvest in growing your agency and serving your patients. Key components to a healthy revenue cycle management cycle include first pass clean claim rates, faster turnaround on claims, quick resolution of ADRs and denials, and tight follow-up and

Tips to improve your healthcare revenue cycle management

2019-10-25T01:17:21+07:00May 5, 2019|News|

In the healthcare industry, “revenue cycle” refers to the process by which providers get paid for the work they do. Managing this process includes keeping track of claims at every stage, making sure payments are collected, and addressing denied claims. Healthcare revenue cycle management (RCM) helps to make this process more efficient by decreasing the

Medical billing outsourcing for home health and hospice: a growing trend

2019-10-25T01:18:54+07:00April 3, 2019|News|

In today’s challenging environment, many providers are looking for smart ways to realize cost efficiencies, reduce spending, and address value-based care initiatives. They are also looking for opportunities to work with industry experts who can help them succeed while they focus on patient care. One way agencies can address these issues is through medical billing

Home health care billing best practices

2019-10-25T01:29:26+07:00March 20, 2019|Archive, News|

Home health care billing processes are becoming increasingly more complicated. And with the Patient-Driven Groupings Model (PDGM) looming, it's only going to get more intricate. Implementing home health care billing best practices in your office will provide the framework for success so you can be sure you’re getting paid quickly and accurately. An efficient billing

Peak Performance: Four Ways to Work Toward Financial Success

2019-02-28T22:46:22+07:00October 26, 2018|News|

Is your home health or hospice agency achieving peak performance when it comes to your financial operations? While you might be surviving and maybe even thriving, there could be opportunity for you to improve. Here are four things that home health and hospice agencies should do to achieve peak performance. Define Peak Performance How do you

Four Ways to Cut Home Health and Hospice Administrative Costs

2018-10-12T01:34:55+07:00October 12, 2018|News|

Administrative costs account for 1/3 of healthcare expenditures in the United States. While this number takes into account many other types of healthcare, home health and hospice administrative costs were included in this often cited and quite comprehensive study published in the New England Journal of Medicine. In fact, CMS recently introduced regulatory changes to

How Hospice Management Solutions Can Make Your Job Easier

2018-06-08T18:37:09+07:00June 7, 2018|News|

Managing a successful hospice agency is no simple task. It involves many processes aimed at streamlining workflow, effectively managing employees, accurately and securely completing paperwork, all while providing patients and their loved ones with the highest quality of care. With so many elements involved, it can be easy to become overwhelmed. However, when you partner

2018 Home Health Proposed Rule Issued

2018-04-03T22:22:01+07:00July 29, 2017|Archive, News|

On Tuesday, July 25, 2017, CMS issued the CY 2018 Home Health Proposed Rule. Effective for home health episodes of care ending on or after January 1, 2018, the rule updates the Home Health Prospective Payment Systems (HH PPS) payment rates including the national, standardized 60-day episode payment rates, the national per-visit rates, and the

HEALTHCAREfirst and Simione Healthcare Consultants Celebrate Four-Year Partnership

2018-03-28T02:14:24+07:00July 14, 2017|Press Release|

Springfield, Mo. – July 14, 2017 – HEALTHCAREfirst, the leading provider of Web-based home health and hospice software and advanced analytics, and Simione Healthcare Consultants, the leader in healthcare consulting and technology, are excited to celebrate four years of collaboration. The partnership offering revenue cycle management for home health and hospice has reached the $1 billion mark in

Medicare Billing for Home Health & Hospice: Important Tips for Success

2019-03-08T04:09:47+07:00June 27, 2017|News|

Home health and hospice agencies are feeling the pressure of Medicare billing combined with increased expenses. Medicare billing errors can lead to denials and reduced cash flow. However, by knowing how to reduce errors in advance, you realize the far reaching benefits of improved accuracy, accelerated reimbursement, and better patient outcomes. Tips for Making Your