5 Reasons to Work with a Hospice Billing Company

If you own or manage a hospice care agency, you undoubtedly know how frustrating it can be to take time and energy away from your caring for your patients to handle your organization’s billing and collections. However, without a steady stream of revenue, it’s difficult or impossible to keep your doors open. It’s quite a conundrum. That’s where a third party hospice billing company like Advanced Hospice Management can help.

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Why Timing Matters In Hospice Billing

Do you know the best practices for keeping a timely filing and billing cycle? Hospice billing is a sequential process, and any mistake can throw off the complex process of filing claims and result in delayed reimbursement. Here are a few of our steps for keeping your hospice billing cycle as smooth as possible.

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Common Hospice Billing Problems & Their Solutions

Any mistakes made during your hospice billing cycle can keep you from maximizing your hospice collections. Learn how to avoid late Notice of Elections (NOEs), how to prevent errors on your hospice claims, and how to keep your staff up to date on the most current guidelines for hospice billing.

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How To Improve Your Hospice Billing

Staying on top of your billing can help you avoid non-covered service days and give you confidence that your claims will hold up under audit scrutiny. Here are just a few ways to improve your hospice billing processes.

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What Is Hospice Revenue Cycle Management?

RCM

Hospice Revenue Cycle Management (RCM) is the management of the process through which hospice providers ultimately receive compensation for their services. It is essential that each stage of the process, pre-billing, billing, and post-billing – are managed well.

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