Revenue Cycle Management for Skilled Nursing Facilities

Stay up-to-date on skilled nursing regulations along with tips and tricks to improve your medical billing from the experts at MCA.

Key Skills a Revenue Cycle Management Company Can Bring to your Skilled Nursing Facility

Have you been considering hiring a medical billing company? With so many revenue cycle management vendors, it can be overwhelming to consider moving such an integral part of your facility to another company. But, when you partner with a professional medical billing company you gain access to key revenue cycle skills that will help ensure […]

How to Effectively Address SNF Claim Denials

Each year, studies and surveys show that there is a growing problem with claims denial rates. Like most healthcare organizations, Skilled Nursing Facilities (SNFs) report increasing rates of claims denials. Some report that upward of 15-20% of all their claims are denied. Even SNFs who have detailed plans in place to avoid insurance payment pitfalls […]

5 Immediate Benefits of Medical Billing Outsourcing

Skilled nursing facilities, along with all healthcare practices, rely on the productivity and accuracy of their medical billing team. Traditionally, skilled nursing facilities support their revenue cycle goals by managing an in-house medical billing team. These highly skilled individuals understand how important it is to process claims quickly and efficiently. Knowing that the failure to […]

CMS FY 2022 Final Rule for Skilled Nursing Facilities

Annually, the Centers for Medicare and Medicaid Services update regulations to Medicare payment policies for Skilled Nursing Facilities (SNFs). Reviews and updates of the regulations account for patient-care-related payment adjustments, inflation factors, and wage index adjustments. The CMS FY 2022 final rule included updates for Medicare payment policies and rates, SNF quality reporting, and the […]

What Daily Updates Can Do for Your Medical Billing

How often do you (or your billing team) check on the status of all of your claims? If you’re like most billers then you’re probably checking on them at least weekly.  In fact, if you’re like most billers you probably are checking them right after you post remittance advice. It’s no doubt this process helps you (or […]

How to Avoid the 5 Most Common Medical Billing Denials

Medical claim denials are a problem for your cash flow. You work hard at reviewing the claims, making sure they are correct and submitted on time. Then, a few days later, the remits come through and 10% of the claims are denying. Likewise, the cost of the re-works is approximately $2.30 per claim.  If you […]

What Daily Updates Can Do for Your Medical Billing

How often do you (or your billing team) check on the status of all of your claims? If you’re like most billers then you’re probably checking on them at least weekly.  In fact, if you’re like most billers you probably are checking them right after you post remittance advices. It’s no doubt this process helps you (or […]

7 Ways to Improve Accounts Receivable and Cash Flow

Could your healthcare facility make use of cash flow sitting stagnant in your Accounts Receivable(AR)?  Are issues like claim denial, bad debts, needless write-offs, and high staffing turnover hindering your cash flow and efficiency?  Do you simply want to ensure you are running your medical billing in the most productive and profitable manner?  Below are 7 ways […]