We know what you’re thinking, “Not another meeting?!”

But yes, that’s what we’re here to talk about. Another meeting. Or, perhaps, how to make the most out of a meeting you already have – your monthly AR review meeting.

Monthly AR review meetings are critical to every skilled nursing facility, home health, or hospice organization’s financial operations. AR review meetings help your organization ensure that you collect the money you’re owed, efficiently utilize your staff, and prevent any recurring billing issues. These meetings are one of the best ways to ensure your AR strategy is quite literally paying off.

If you’ve ever led an AR review meeting, you know that it’s easy for these meetings to stall out and become unproductive. So, how do you keep your AR review meetings on track and productive? Here’s how to get started and six tips to help you lead a productive AR review meeting.

Setting up an AR Review Meeting

If your organization doesn’t currently have an AR review meeting or you’re ready to refresh your regular meeting, here are a few ways to get started:

Schedule your AR review meetings monthly to help ensure you’re making progress on unpaid claims and addressing recurring billing issues.

Consider having your financial administrator or executive lead the meeting.

Include all billing managers and any staff responsible for your AR in the meeting.

Tips for Leading a Productive AR Review Meeting

Now that you have your meeting schedule and the right attendees, it’s time to lead a productive AR review meeting. When preparing and leading your AR review meeting, here are six tips to help ensure you have a constructive discussion.

1. Identify Significant Accounts.

If your allotted meeting time doesn’t allow you to review all aged accounts, prioritize the accounts based on timely filing requirements, what has rolled from 60 to 90 days, anything over 90 days, accounts larger than $1,000, or accounts older than 120 days. If possible, have your billing staff work on these accounts at least once before your meeting.

Keep in mind that the accounts that continuously roll may not be getting worked or might be getting resubmitted for processing without identifying the root cause of the denial.

2. Have an Agenda and Planned Discussion Points.

A clear agenda is vital to ensure a constructive AR review meeting. The agenda should include reviewing your AR trends, an overview of your aging report, and the list of significant accounts that require review.

Here are some suggested account details you should plan to discuss:

The reasons the account is outstanding
An update on the progress made on the account since last month’s meeting
Plan of action for receiving payment

3. Facilitate a Constructive Review.

The most productive AR review meetings result from extremely positive thinking regardless of the negative subject matter of aging AR. Work together as a team to stay on topic, guard against disruptions, facilitate a constructive review, and ensure a clearly identified action plan.

It can also be helpful to drill into the root cause of unpaid claims instead of breezing through progress updates. Try asking specific questions about the data presented to determine the root cause of any issues. Here are some example questions you can try:

If payment has been received, why is there still a balance on the account?

Validate your payer contracts and ensure that the correct rates are billed.

What led to the facility writing off all or some of an account?

Understand why claims were not billed on time.

Why are there credit balances on an account?

Are there issues with coinsurance being booked to the wrong payer, cash posting errors, or problems with Medicaid not updating?

4. Create a Plan to Batch Work.

It may be impossible to work all of the necessary accounts. Instead, create a plan to only work on three to five accounts per week rather than trying to tackle the whole list. Working on a smaller list of accounts allows you to track incremental progress and delegate responsibilities.

5. Split Out the Remedial Work.

The action plan identified for your accounts can require a great deal of work. Try splitting out some of the more remedial work, such as checking a claim status or gathering medical records to other employees. This will free up your medical billers to focus on resolving the claim issues.

Should you need additional help, consider outsourcing your old AR collections to a medical billing company to help streamline your processes and improve your reimbursement.

6. Follow-up.

This last tip might seem like a no-brainer. But, regular follow-up ensures that any issues or roadblocks are addressed and allows key stakeholders to stay informed.

Alignment, Accountability, Action

An AR meeting that is consistent and structured will help you identify AR trends, delegate responsibilities, and prioritize work so that your team is efficiently tackling your aging AR. Now that you have prepared for a productive AR review meeting, you can collaborate as a team to collect what you’re owed as efficiently as possible.

MCA – Helping Advance your Revenue Cycle Management

Our unique combination of highly-skilled billers, long-standing SNF, hospice, and home health billing experience, and our dedicated support team makes MCA a reliable partner to help support your most complicated claims. If you’re ready to gain more insight on AR best practices or you could use additional support, drop us a note or call us at 866-609-5880 to learn more about how MCA can help.

Together, we can pave a better financial future for your facility.

About MCA Medical Billing Solutions

MCA is a full-service revenue cycle management company dedicated to helping skilled nursing facilities, home healthcare, and hospice organizations advance their revenue cycle management. We provide claims creation, submission, and follow-up to Medicare, Medicaid, and all commercial insurers.

When choosing MCA, you can expect experienced business insight, skilled billing intelligence, data extraction and management, and cloud-based documentation. MCA is here to help you streamline your revenue cycle process to produce consistent, high-quality outcomes.

An Essential Guide to the REVEX Bolt-on Services

Nowadays, growing and managing a successful SNF, home health, or hospice organization requires you to automate and streamline activities across the business. And your financial practices are no exception.

Financial process automation can improve your team’s efficiency, provide you access to critical managerial information, and increase your profitability. That’s why so many organizations have relied on our REVEX AR automation software. Automating your AR management with REVEX provides your organization with the real-time, interactive AR data you need to manage and grow a successful organization.

If you’re new to REVEX, learn more about how your team can experience a more innovative way to manage your AR in our previous blog.

Suppose your organization has been leveraging the power of REVEX for a while. In that case, you already know that the efficiency, simplified workflows, and accelerated collections available with REVEX are top-notch. But are you aware that REVEX offers 4 bolt-on services that can help you enhance your REVEX software experience?

Take your team’s efficiency to the next level with our essential guide to the 4 REVEX bolt-on services.

Essential Guide to the REVEX Bolt-on Services

REVEX provides your organization with the efficiencies of outsourced AR data management with the level of support that fits your needs. Whether you are using REVEX as a standalone AR tracking system or taking advantage of our investigation support or denial management, our 4 bolt-on services are always available. And, you can pick and choose which services you need.

Let’s take a deeper dive into the REVEX bolt-on services.

Text Statements to Patients

Expedite your patient’s collection, gain greater access to the financially responsible party, and improve your patient’s experience.

That may seem too good to be true, but with our text statements services, we send your patient statements directly to patients (or their financially responsible party) via text message. Statement notifications sent via text message allow the financially responsible party easy access to issuing payment without waiting on an email or paper statement. This on-demand service can help resolve open balances more quickly and improve the patient and family’s experience.

On-Demand Billers

Were you in need of medical billing staff…yesterday?

Our on-demand medical billers provide exclusive access to professional billers with experience in revenue cycle processes when and where you need them. Both providers and billing groups can utilize this service to scale their teams without investing in hiring internal staff or making costly contracts with other medical billing vendors.

Private Pay Collections

Collect more from your private pay accounts.

Turning over private pay accounts to a collection agency after it has become apparent that you’re not making any progress may help you recover around 14% of the accounts. With our private pay collections service, we help providers close at least 16.4%, if not more, of their private accounts. All while offering exceptional customer service focused on building and supporting a long-lasting relationship.

RAC Audit Denial Management

Prevent recoupments based on medical necessity.

Gain unrestricted access to our RAC audit professionals, who will carefully review the post-payment audits and coordinate a response for any missing information required for a response. Plus, they will track the progress of the audit to ensure the provider wins their appeal.

No matter what level of service your facility may require, you can expect that REVEX and our team of experts will support you. Start automating your AR or learn more about our bolt-on services by visiting mcarevex.com.

REVEX – AR Management Software

REVEX is a revolutionary AR management platform designed to help skilled nursing facilities and hospice and home health organizations streamline the management of their AR tracking process. By combining the control of in-house medical billers and the efficiency of outsourcing data processing, REVEX provides you with the real-time, interactive AR automation you need to manage and grow a successful organization.

Professional medical billers designed REVEX with extensive experience managing SNF, home health, and hospice AR. Our intuitive program provides a fresh approach to AR management software, allowing you to create streamlined workflows for your medical billers and insightful dashboards in minutes.

We begin by extracting your accounts receivable data from your patient management system and securely post it to our HIPAA-compliant portal. From our secured portal, you and your medical billers can access information and reporting that allows you to provide consistency and transparency in all you do.

Free up your medical billers to focus on more meaningful responsibilities and streamline your AR management by incorporating REVEX into your medical billing process.

The Value of REVEX

The key to a financially successful healthcare organization is efficient, automated AR management. REVEX helps remove any obstacles that prevent timely cash collections while enabling better communication and visibility your leaders need to monitor the organization.

With automated AR management and our optional bolt-on services, REVEX helps improve your cash flow, efficiency, transparency, and more.

Improve Cash Flow.

Increase cash and decrease days in AR with automatic daily claims updates and next step instructions on all denied claims

Boost Efficiency.

Sort AR by claim status, date of service, payor, amount, and urgency to manage, prioritize, and delegate accounts to specific billers.

Increase Transparency.

Know the status of any claim at any time with real-time notes and claim status updates accessible via our cloud-based servers.

MCA – Expert Help for Difficult Claims

Our unique combination of highly-skilled billers, long-standing SNF, hospice, and home health billing experience, and our dedicated support team makes MCA a reliable partner to help support your most complicated claims. When you leverage REVEX to help automate your AR management, the experts at MCA are just a click away. Free up your medical billers to focus on more meaningful responsibilities by incorporating REVEX into your AR management process.

Together, we can pave a better financial future for your facility.

Drop us a note or call us at 866-609-5880 to learn more about how MCA can help your SNF, hospice, or home health organization automate your AR management process. Plus, ask how you can use REVEX for free!

About MCA Medical Billing Solutions

MCA is a full-service revenue cycle management company dedicated to helping skilled nursing, home health, and hospice facilities advance their revenue cycle management. We provide claims creation, submission, and follow-up to Medicare, Medicaid, and all commercial insurers.

A fresh approach to AR management software.

Are you struggling to reduce your team’s time and effort on mundane, repetitive Accounts Receivable (AR) management tasks?

Do you lack the necessary visibility and tools to manage your AR effectively?

Are you trying to manage your AR on spreadsheets and work lists?

You’re not alone if you answered yes to any of these questions! Most skilled nursing facilities (SNFs), home healthcare, and hospice organizations lack the visibility and tools to manage their AR effectively. Spreadsheets are out of date the instant you create them, and work lists never provide the AR details your team needs to be fully effective.

The good news is that you don’t need to struggle any longer!

You can significantly improve your team’s efficiency, gain access to the details you need, and ditch those spreadsheets by automating your AR management with REVEX. Plus, you can increase your profitability!

REVEX – AR Management Software

REVEX is a revolutionary AR management platform designed to help skilled nursing facilities and hospice and home health organizations streamline the management of their AR tracking process. The REVEX software provides real-time, interactive information and reporting that allows you to provide consistency and transparency in all that you do.

We begin by extracting your accounts receivable data from your patient management system and securely post it to our HIPAA-compliant portal. From our secured portal, you and your medical billers can access real-time, interactive information and reporting that allows you to provide consistency and transparency in all you do.

Free up your medical billers to focus on more meaningful responsibilities and streamline your AR management by incorporating REVEX into your medical billing process.

REVEX Solutions for Your Business

By combining the control of in-house medical billers and the efficiency of outsourcing data processing, REVEX provides you with the real-time, interactive AR automation you need to manage and grow a successful organization.

Our software provides everything you need and nothing you don’t. The automation available with REVEX helps you to boost your efficiency, simplify your workflows, and accelerate collections. Some of our comprehensive features include:

Red Flag Alerts.

Set aside the most important claims for the customer using our integrated flagging feature allowing your team to stay on track with alerts and escalations.

Embedded Reporting.

We use our simplified, value-rich AR aging reports to identify what is collectible or what claims require adjustments. The information you need is available at a glance or in more detail when you need it.

Easy and Intuitive Software.

Input processing notes and collection status with our easy and intuitive data collection process, improving cross-departmental workflows and efficiency.

Access Anytime, Anywhere.

Get real-time access to your AR information anywhere and anytime from your mobile device or an application on your desktop.

The REVEX Value

With automated AR management from REVEX, you can improve your cash flow, efficiency, transparency, and much more.

Improve Cash Flow.

Increase cash and decrease days in AR with automatic daily claims updates and next step instructions on all denied claims

Boost Efficiency.

Sort AR by claim status, date of service, payor, amount, and urgency to manage, prioritize, and delegate accounts to specific billers.

Increase Transparency.

Know the status of any claim at any time with real-time notes and claim status updates accessible via our cloud-based servers.

REVEX Service Plans

REVEX provides your organization with the efficiencies of outsourced AR data management with the level of support that fits your needs. Incorporate REVEX into your AR management process and experience a more streamlined, efficient, and transparent AR management right away.

We offer a REVEX service plan that’s right for every business.

REVEX Foundation

Stand-alone AR tracking system
Claims upload support
Standard workflow configuration

Investigation Support

Everything from the REVEX Foundation services plus
General claim follow-up
Action and next step guidance

Denial Management

Everything from the Investigation Support service plus
Corrects and adjustments on all AR
Appeals and reconsiderations

No matter what level of service your facility may require, you can expect that REVEX and our team of experts will support you. We’re committed to your success. But, you don’t have to take our word for it. Check out what our customers have to say:

“We run REVEX on all our accounts which makes tracking and collecting them a breeze. If I ever have a question about an account, I just click it, and it works and is resolved within 48 hours. It’s amazing!” Brett, Summit Healthcare

“REVEX is awesome; I love using it. I log in for less than 30 minutes daily, and the AR stays clean. It allows us to keep our existing billers but makes them much more productive, so we need less of them…” Jackie, Method HC

MCA – Expert Help for Difficult Claims

Our unique combination of highly-skilled billers, long-standing SNF, hospice, and home health billing experience, and our dedicated support team makes MCA a reliable partner to help support your most complicated claims. When you leverage REVEX to help automate your AR management, the experts at MCA are just a click away.

Together, we can pave a better financial future for your facility.

About MCA Medical Billing Solutions

Are you struggling to keep up with timely patient statement distribution?

Is your call center overwhelmed with billing questions?

Unfortunately, patient statement distribution, payment collection, and call center support aren’t going away. And for SNFs, hospice, and home healthcare, it can be challenging to stretch your resources to deliver the services your patients expect efficiently and quickly.

So, it’s understandable if you’re struggling to keep up with the growing demand for statement delivery and call center support.

But, there is some good news!

Outsourcing your statement distribution and call center support can help you expedite collections and improve patient satisfaction, regardless of the size of your facility.

Statement Distribution and Call Center Support

It’s critically important for your facility that your patients receive accurate and precise statements quickly. In addition, you want to provide excellent customer service to address any patient billing inquiries. But, with limited staff, it can be hard to deliver the services your patients and their families expect.

It doesn’t have to be this way.

With support from an experienced medical billing company, you can deliver easy-to-understand statements and provide professional support for your patients.

Discover How MCA Can Help

Outsourcing statement distribution and call center support can give you the peace of mind that your residents are receiving consistent service while increasing your collections. When outsourcing your statement distribution and call center support to MCA, we manage the entire statements distribution process to patients, including taking calls from your residents regarding statement questions.

By selecting MCA to manage your statement distribution and call center support, you can expect:

Easy-to-understand statements.

MCA is committed to providing detailed, easy-to-understand statements that provide your residents with the information necessary to expedite outstanding payments.

Our billing professionals will consistently handle all the little details necessary to produce and distribute your billing statements with clearly written payment instructions.

Updated facility and ancillary charges included.

Before any statements go out to your residents, MCA’s highly skilled medical billers ensure that all submitted statements contain updated facility and ancillary charges. We work to identify and verify all charges to minimize the number of statements your residents and their families receive.

And we mean every charge! We aim to ensure that a submitted statement contains everything necessary to articulate the current amount due and due date.

Timely statement submission.

MCA facilitates a faster statement process and delivery by providing multiple statement delivery methods, including digital notifications and statements in addition to print statements to prompt more immediate patient responses. Our highly efficient statement processing means that you can get your statements delivered quickly. And getting your billing statements out swiftly and efficiently means you get paid faster and more often.

Integration with your facility’s system.

There is no need to log in to yet another system. When outsourcing your statement distribution to MCA, we integrate with your facility’s system to help ensure accurate and timely statement submissions.

Triage and resolution of patient statement concerns.

MCA’s dedicated support team fields all statement-related questions. Our team triages the patient’s or family’s statement concerns and works with your facility to ensure an accurate and timely resolution.

We’ll stay on the phone with the patient or family member and help resolve their concerns. Our detailed knowledge of the billing and your system allows us to resolve more issues over the phone, helping accelerate patient payment.

Statement Distribution and Call Center Support Is One of Our Specialties

There’s no denying that managing statement distribution and billing questions take a great deal of time! Time that your administrative team could be spending on higher value tasks.

MCA’s dedicated team of skilled medical billers and our support team are exceptional at managing statement distribution and call center support. Our team is extremely knowledgeable and incredibly patient – helping to provide your patients with the communication and customer service they deserve.

With help from MCA, you can free up your administrators. You can save money and improve your facility’s cash flow.

Save Time

Your team works hard to keep your statement distribution process and call center running smoothly and efficiently. Removing the tedious task of medical statement processing from their list will free up their time to focus on other, more critical tasks.

Accelerate Patient Payments

Accelerate patient payments with accurate, easy-to-understand print and digital statements.

Simplify Your Mailing Process

Eliminate time-consuming printing, folding, and stuffing, by letting MCA print and mail statements for you. Plus, you can get rid of the large inventory of mailing supplies and obtain postage discounts and faster processing.

Provide the Customer Support Your Patients Expect

MCA is an extension of YOUR staff and representatives, providing your patients exceptional customer support. We’re dedicated to answering your patient’s and family’s questions while on the phone. And when we can, we partner with you to ensure nothing goes unanswered.

Get Support That Works

Gain access to a team of experts dedicated to helping you improve your statement distribution process and your call center support. But, don’t take our word for it.

“The MCA staff were very knowledgeable and professional when I called them about my statement”

Independent Living Resident- Wichita, KS

“MCA is not just a call center, they have their billing managers take calls so they can answer all your questions about your statement.”

Admin- CCRC Overland Park, KS

MCA – Expert Help for Statement Distribution and Call Center Support

Our unique combination of highly-skilled billers, long-standing SNF, hospice, and home health billing experience, and our dedicated support team make MCA a reliable partner when outsourcing your statement distribution and call center support.

Together, we can pave a better financial future for your facility.

Drop us a note or call us at 866-609-5880 to learn more about how MCA can help your skilled nursing facility clean up your aging AR.

About MCA Medical Billing Solutions

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 RCM means that you can expedite reimbursement while keeping expenses low. Optimizing your RCM ensures that your submitted claims get paid and you can continue to provide excellent patient care.

There are many areas within the RCM process that you can evaluate for optimization opportunities. We’ll begin by exploring three simple ways (and a few other bonus ideas) that you can start optimizing your skilled nursing facility’s RCM.

3 Simple Ways SNFs Can Optimize Their RCM

Optimizing your skilled nursing RCM allows you to increase your opportunities to capture missed revenue while enhancing your patient experience. That’s why it’s so important to keep your RCM process as free from issues as possible.

Begin making your RCM processes both efficient and effective with these 3 simple tips:

1. Communication is Critical

Communication is the act of transmitting information from one person, place, or group to another. Yet, the type, clarity, quality, and regularity of communication from the front to the back of your RCM are critical.

I’m guessing you didn’t think communication would be our first suggestion. You may have thought about denial management, technology improvements, or insurance verification first. But, communication delays or roadblocks can impact your entire RCM process.

Improve your team’s communication by ensuring you have these processes in place:

Clearly define tasks and responsibilities for both individuals and groups.
Schedule regular status updates with a formal agenda available in advance.
Utilize software to track claims status, capture notes, and communicate issues.
Provide opportunities for regular feedback on what is and is not working.
Communicate in multiple formats to adapt to various communication styles.

2. Streamline Workflows

For optimal revenue cycle management, it’s essential to review workflows regularly to ensure all of your processes are working smoothly. It may seem easier to address issues as they crop up, but it is safer and more efficient to optimize your workflows preventatively.

Begin by asking yourself these questions to identify workflows that may require attention.

How can our processes be more efficient? How can we reduce waste? How can we improve our current performance levels? How can we maximize our cash flow?

In addition to regularly reviewing workflows, you may also want to consider automated workflow management tools that enable streamlined communication and information sharing.

Revenue cycle management process tools can support:

Concurrent coding, editing, and retrospective coding capabilities
High-quality data collection
Denial reasons and remedy guidance
Compliance reporting
Data security reporting

3. Benchmarking and Key Performance Indicators (KPIs)

Medical billing KPIs allow you to monitor your revenue cycle on a consistent schedule and compare your processes to industry standards. Tracking your KPIs will equip you with regular performance information to quickly identify bottlenecks, prevent avoidable issues, and reduce delays.

It’s important to understand your financial health and the KPIs that allow you to continuously monitor days in collections, denial percentages, account balances, and more. Giving your financial leaders critical information to identify deficiencies and implement solutions to resolve issues.

There are a few KPIs that we believe every SNF should be monitoring. Learn more about these KPIs and why they are important here.

Here are a few bonus ideas

There are so many simple ways to optimize your SNF RCM that we couldn’t resist throwing in a few more ideas.

Leverage integrated technology systems.

Technology will not solve all of your optimization issues. However, leveraging information system features can help improve efficiency, streamline processes, and prepare you to face challenges.

For example, automating AR management using REVEX can help you improve your cash flow, efficiency, and transparency, allowing you to create streamlined workflows for your billers and insightful dashboards in minutes.

Don’t forget about your aging AR.

Your accounts receivable can get out of hand quickly. And, the older your AR becomes, the more difficult it is to collect. Make writing off your old AR a thing of the past with innovative ways to collect these medical claims from REVEX.

Keep your patients and their families in mind.

Understanding your patient preferences is vital. Some want everything electronically. Others would prefer a paper copy or to talk with someone over the phone. The more satisfied your patients are ultimately lead to improvements in your RCM.

Optimize Your SNF RCM With Outsourcing Support From MCA

Following these 3 simple tips to optimize your RCM will not solve all of your issues. But, they will help you move forward in a better, more efficient way. Ensuring that your submitted claims get paid faster, with fewer denials, to continue to provide excellent patient care.

Optimizing your SNF RCM by outsourcing with MCA can help you streamline your revenue cycle processes to produce consistent, high-quality outcomes. We solely help skilled nursing facilities experience the benefits of outsourcing, including decreased costs, strengthened cash flow, and reduced write-offs.

You can expect that MCA will process your claims and provide reporting the right way, the same way, every day, helping you to optimize your skilled nursing facility.

Drop us a note or call us at 866-609-5880 to learn more about how MCA can help optimize your skilled nursing facility’s RCM.

About MCA Medical Billing Solutions

MCA is a full-service revenue cycle management company dedicated to helping skilled nursing facilities advance their revenue cycle management. We provide claims creation, submission, and follow-up to Medicare, Medicaid, and all commercial insurers.

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 every patient visit gets paid accurately and on time.

With the right partner, your skilled nursing facility (SNF) can increase clean claims, grow your bottom line, and reduce your administrative costs. But, it’s critical to partner with a billing expert who understands you and your business. When looking for a medical billing company, consider how these four key revenue cycle skills can help improve your facility.

4 Skills a Medical Billing Company Can Bring to your Skilled Nursing Facility

For SNFs it’s critical to partner with professional billing experts who truly understand you and your business. The right medical billing company will understand the specific needs of your business. And, they’ll have the skills needed to make a successful partnership.

Medical billing companies can provide you with a controlled, sustainable approach to your revenue cycle management by bringing these four skills to your facility.

Coding Accuracy

It’s no secret that accurate coding is crucial to receiving appropriate reimbursement. But, with denial rates topping 20%, accurate coding is more critical than ever before. Finding a medical billing company that specializes in SNF coding is critical to your coding accuracy. SNF medical billing specialists spend all their time working with SNF codes. They commit far fewer mistakes. And, are able to correct mistakes much quicker when they do occur.

By outsourcing your medical billing, you can count on cutting down on coding mistakes and improving your reimbursement.

Compliance

One of the most challenging parts of medical billing is the constantly changing payer reimbursement policies and industry guidelines. Keeping your staff trained on these changing compliance guidelines can be costly and time-intensive.

Ensuring compliance with reimbursement policies and industry guidelines is vital for SNFs. Compliance helps you to avoid costly penalties or reimbursement delays. Medical billing companies understand the industry guidelines for your facility. Also, most medical billing companies have long-standing relationships with many major insurance providers. Making it even easier to stay up-to-date with reimbursement policies.

The medical billing company’s insurance provider relationships and investment in biller training help your facility avoid reimbursement delays or non-compliance with industry rules.

Expertise and Experience

SNF medical billing expertise and experience are everything! Medical billing companies that focus on SNFs can provide you with a team of expert billers with years of experience. The wisdom and understanding that quality medical billing companies provide the help you stay on top of the always-changing landscape of medical billing. This will lead to fewer mistakes and help keep you on time.

SNF medical billing companies also bring your practice a team of expert billers. You will no longer need to manage biller turnover or training. Your medical billing company will now be in charge of hiring and training billing staff to fill your needs. Relieving a huge administrative burden for your team.

Control

When you outsource your medical billing, you are able to focus your time on monitoring and controlling the financial activities of your facility. You’ll spend less hands-on time working on your medical billing. Instead, you will gain unprecedented transparency into your revenue cycles with enhanced reporting and communication.

A medical billing company will regularly supply you with comprehensive performance reports including accounts receivable (AR) reports, collection reports, payment trends, and clearinghouse rejection reports. These reports provide you with the much-needed revenue cycle metrics for identifying delays and payment issues. Allowing you to maintain control of your revenue cycle without having to oversee any billing staff.

Medical Billing Outsourcing

Bonus…coding accuracy, compliance, expertise and experience, and control are just four key skills that a medical billing company can bring to your facility. There are many more benefits to outsourcing than these skill sets.

When choosing to outsource your medical billing you can also expect:

Strengthened cashflow with faster claims processing
Reduced administrative responsibilities
Updated technology and electronic health record integration
Safe and secure patient data

When preparing to outsource your SNF medical billing ensure that you establish your goals, scope, and strategy. This will help ensure that your medical billing service provider can partner with you for the long term.

Try asking them these questions to ensure you pick the right fit.

What services do they provide?

How quickly can they begin processing claims?

What training does their staff receive?

What training will your staff receive?

What are their recommendations for managing your current accounts receivable?

What financial reports will be provided and how often can you expect them?

Learn more about the benefits of outsourcing your medical billing.

Trusting Your SNF Medical Billing to the Experts at MCA

MCA is a market leader for skilled nursing medical billing services. As a full-service Revenue Cycle Management company, we provide electronic claims submission to Medicare, Medicaid, and all commercial insurers. We are here to help you navigate your revenue cycle management. While also providing consistency and stability for your operations.

A Revenue Cycle Management Partner

We pride ourselves on partnering with our clients to develop a shared vision. We strive to elevate your revenue cycle management experience with outstanding customer service, communication, and the use of the latest RCM technologies.

The Right Way, The Same Way, Every Day

MCA helps you streamline your revenue cycle processes to produce consistent, high-quality outcomes. You can expect that we will process your claims and provide reporting the right way, the same way, every day.

When you choose MCA as your revenue cycle management service we handle every aspect of your claims, billing, and collections process. From submitting clean, compliant claims to following up on slow or underpayments.

We care about you as much as you care about your residents. With support from MCA, you can focus on your residents while we focus on your billing.
Learn more about the MCA services or call us at (866) 609-5880 to get started.