Doubling the number of claims creates twice the opportunity for errors. Combine this with new rules about diagnosis codes and admission source/timing, and billing and collections becomes a real challenge.
Healthcare Strategies staff understand PDGM changes and are ready to help your staff succeed under this new and complex reimbursement system.
Revenue Cycle Management
HOME HEALTH AND HOSPICE BILLING CAN BE A CHALLENGE. TRUSTING YOUR REVENUE CYCLE TO ANYTHING LESS THAN THE BEST CAN PUT YOUR AGENCY AT RISK.
Partnering with HealthCare Strategies gives you access to a team of exceptional billers with an average of 15 years billing experience. Our collections team understands the complexities of the homecare and hospice revenue cycle and what it takes to get your claims processed correctly.
Accurate use of your agency software and our expert knowledge of your business is key to successful billing and timely collections.
Features:
HCS will work with your agency to customize a billing and collections plan that fits your agency’s needs.
HCS offers experienced billers, IT specialists, clinical experts, financial managers and CPAs to partner toward your agency’s financial success.
HCS has the capability to bill all payers including Medicare, Medicare Advantage episodic and per visit, State Medicaid, BlueCross and other commercial payers, Veterans Administration, and Self Pay.
HCS Revenue Cycle Management service provides:
Timely processing of remittances by posting and reconciling
Following up on denials and incorrect payments
Secondary and patient billing to collect deductibles and coinsurance amounts
Tracking ADRs and medical record reviews
Filing and managing appeals
Benefits:
Improved cash flow
Lower aged accounts receivable with fewer write-offs and bad debt
Reduced stress on agency management by removing the burden of revenue cycle oversight
Experienced with multiple software platforms to ensure your billing system is used to its fullest capabilities
Less downtime created by employee turnover and time off
Improved statistical and financial reporting through HCS customized month end reporting packages
“Their billing team is outstanding and continue to help us maintain positive cash flow.”