eSolutions would like to wish everyone a happy holiday season the best way we know how, by helping you with your Medicare billing!
Denials can hit your healthcare organization where it hurts. According to MGMA, the average denial rate of a physician practice ranges from five to 10 percent. The median 350-bed hospital saw average write-offs from denials rise to $7 million in 2017.
As the hospice care landscape changes, so do the rules and regulations surrounding hospice billing and reimbursement. Hospice agencies are faced with regulation requirements that make submitting claims and reporting data more complex. For new hospices, deciding where to focus and assign resources might feel overwhelming. The hospice revenue cycle experts at eSolutions have developed this guide to help hospices make sense of Medicare billing so you can get paid quickly and accurately - and feel less stress.
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.