Tag: Medical Billing

3 Simple Ways SNFs Can Optimize Their Revenue Cycle Management

Providing outstanding medical care is at the core of all skilled nursing facilities (SNF) missions. However, providing exceptional care for your patients is just one part of running a SNF. Your revenue cycle management (RCM) also needs to be optimized to provide the high levels of care your patients require. Running an efficient, highly optimized […]

Medical Billing KPIs Your SNF Should Be Tracking and Why

How would your Skilled Nursing Facility (SNF) answer this question? Are you meeting your financial goals?  Perhaps you’d rattle off a set of metrics you’re tracking. Or, maybe you’re not sure how to answer this question. Either way, it’s almost impossible to answer with a simple ‘yes’ or ‘no’ to this question. To adequately answer […]

4 Helpful Tips to Improve Your DME Billing

How to better understand the complexities of DME billing Efficiency is the key to success for Skilled Nursing Facilities (SNFs). You’re required to find innovative ways to improve your patient experience while also reducing costs.  If you are a DME provider or your facility does Durable Medical Equipment (DME) billing then you already understand the […]

6 Tips to Help You Manage a High-Performing Virtual Billing Team

Every facility strives to build a group of high-performing professionals. But, the widespread use of technology and a global pandemic have increased the demand for remote work opportunities. In fact, some estimates believe that more than 60% of American employees have the option to work virtually. And, that number is only growing. But, building a […]

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 […]

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 […]

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