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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5 Things To Know As A Hospice Startup

hospice regulatory solutions

What are the essential points to consider when opening a hospice service? Before starting up, it is crucial to have a plan that is designed to ensure the smoothest path to opening. Outline a business and marketing plan, seek out the best channels of promotion, find a strong staff to carry your company, and know the best practices for collecting funds and billing your claims.

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Press Release: Industry Leaders Join Forces And Cast Compelling Vision Of Hospice Service Excellence

‘Who You Gonna Call?’ Introducing The Consortium Of Hospice Excellence

Today, a select group of hospice service providers have announced the formation of the Consortium of Hospice Excellence. The purpose of the Consortium will be to provide a single point of contact for hospice leaders to find excellence in hospice accounting, marketing, recruiting and billing—with more services to come. Combined, the members of the Consortium represent over 340 Hospices across the United States. The management of the combined members of the Consortium represents over 280 years of experience in hospice.

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