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 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
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
Medicare continues to reduce payments, forcing home health and hospice agencies to look for other ways to maintain revenue and profits. One alternative source of revenue to consider is commercial payers. To be successful when working with commercial (private insurance) payers your agency will need to be organized and well prepared. Here are some recommendations to help you get started.
It’s important to know what is going on at your home health agency at all times, especially when it comes to the business and financial issues. Home health billing errors can cost your agency a significant amount in penalties and fees. Luckily, we’ve outlined several ways for you to mitigate home health billing errors and
There are many reasons why your agency might choose to work with a home health billing services or hospice billing services company. Perhaps you are looking to improve reimbursements or eliminate high claim rejections. Maybe managing billing has become just too much work and your internal team is struggling to handle the workload. Don’t worry,
It’s important that agencies understand home health billing basics to reduce errors. They can cost you a significant amount in penalties and fees. According to the OIG Fiscal Year 2017 Work Plan, the CERT contractor found improper payments were made for about $9.4 billion, or 51.4%, of home health claims in 2014. A large portion