If hospices do the right things for the right reasons in a complaint and thoughtful way, there is no reason that they cannot be financially successful. There is no reason for hospices to be losing money if they are stewarding their resources well and managing their programs effectively.
The financial health of your organization determines how well you are positioned to take on new challenges and face the ever-changing future of the industry. Hospice Support Specialists teammates are experts at managing controllable costs, budget review and ensure the quality of your billing. Let us help you identify where you can make focused changes to improve your bottom line.
Billing Integrity Program:
The integrity of your Medicare and other claims is key to the financial health of your organization. With the increase in scrutiny across all healthcare services, you cannot afford to have billing issues. Our team of experience professionals can review and evaluated your billing processes to ensure that:
Medicare Advantage, Managed Medicaid, VBP and VBID
The future is almost here. Hospices and home health agencies that are not prepared for ACO, Medicare Advantage, and VBID will be left behind. If you are not already working on your contracts and aggregating data to prove your value, you are going to begin to lose revenue streams as these programs move into place. Additionally, more states are moving to Managed Medicaid and these contracts will soon be difficult to obtain.
Our team will work with your team to define a Medicare Advantage, Managed Medicaid, VBID, VBP strategy that will help you stay viable.
