For medical professionals who are slightly familiar with Nursing Home billing, it is not a surprise that there’s a particular type for billing that needs not only precision and speed, but also speed. Because of the crucial aspect that is Nursing Home billing, one will likely notice certain distinctions that differentiate it apart from other billing systems. Skilled Nursing Facility Billing Provider apart from other kinds of healthcare facilities. One of the most important is the lack of information that is required for billing. Let me explain.
Home Health Billing Companies
The Nursing Home Center typically works as a medical service that may not require immediate access to an Emergency Room however, nevertheless it is not able to afford waiting for the typical time in a regular doctor’s office. Fast attention to the issue of the patient makes the Nursing Home Center. Therefore, it’s not a surprise that the normal Skilled Nursing Facility Coding Guidelines often does not include such tasks as prior authorization , or soliciting detailed patient information with the exception of those that are absolutely required to file claims.
Another unique feature associated with Nursing Home management is the number of claims that a Nursing Home center typically processes during one day. Because of the speedy response nature of their model of service the Nursing Home usually witnesses a more frequent flow of clients than other types of healthcare providers. In terms of Nursing Home billing this is simply more claims to be drafted and submitted daily than other medical facilities.
It is vital to know that around 65percent of patients admitted to Washington care facilities are covered with state Medicaid. Cpt Codes For Assisted Living Facility.
Let’s face it; Washington Medicaid has never paid for the entire Medicaid cost of healthcare in state-run nursing facilities.
What is it that makes Medcare MSO Medical Billing Services Inc different from other Skilled Nursing facility billing?
- 80percent reduction in operational costs (guaranteed)
- 30% reduction in your A/R beginning with the beginning of the month
- Yearly maintenance of compliance
- Liability insurance up to 3 million dollars of coverage, with up to 1 million dollars coverage per incident
- Specialized resources that include US phone numbers available throughout the entire US working hours
- Free Account Managers Dedicated to all of our customers
- Internal auditors from the free side designated
- Customized reporting
- In accordance with the protocol of the client
- Free Account Setup and for transition.
- No contract that is binding
In light of this, Nursing Home centers are frequently faced with difficulties in billing. The pressure is increasing and typically more bills to pay each day.
The advantages are numerous and go beyond simply saying goodbye to all the hassles related to Nursing Home Billing Firms. One of the biggest of them is an obvious cost benefit in the operations. In-house billing, let’s face it, can be a costly option.
It makes business sense, in addition to allowing nursing home Nursing Home personnel to attend to more patients instead of spending many hours preparing and filing claims, addressing denials, resolving delays, and other things. If you’re operating a Nursing Home business and wish to increase your rate of collection and reduce your operating expenses, look into outsourcing. This could boost your overall profit to a new height you’ve never imagined possible.