As a home health provider, you understand how a cancelled Request for Anticipated Payment (RAP) can create a chain of unpleasant events that disrupt cash flow and productivity. Not only are you losing money from the cancelled RAP, you're unable to bill the final claim until you resubmit a new RAP to Medicare for processing. This means interruption to your daily workflows, manual RAP rebilling efforts and major delays in cash flow.
As our population ages and more people are taking advantage of home care services, the home health industry will continue to expand. For new home health agencies, deciding where to focus and assign resources might feel overwhelming. Home health billing and claims management through Medicare is complex, which is why we've developed an easy-to-understand guide to help new agencies get started.
As the “silver tsunami” of baby boomers aging into Medicare continues, so does enrollment in Medicare Advantage (MA) plans. A staggering 10,000 people are eligible to enroll in Medicare each day. From 2008 to 2017, MA plan enrollment grew from 9.7 million to 19.6 million. This growth represents 34 percent of all Medicare beneficiaries.