Keep Your SNF up on the latest consolidated billing changes
Starting with the balanced budget act of 1997, Congress had made it essential that the billing for majority of services provided to an inpatient beneficiary at a Medicare covered Skilled Nursing Facility (SNF) be packaged through an all-inclusive rate - hence the advent of consolidated billing.
Advantages of consolidated billing: Through Consolidated Billing [http://www.audioeducator.com/industry_conference.php?id=1439], one can reduce time spent on complex tasks of maintaining group health and welfare eligibility databases, disbursing payments to carriers and reconciling monthly bills to ensure adjustments are made in a proper fashion..
Services covered under consolidated billing: Consolidated billing encompasses the entire package of care that a resident would receive during a covered Medicare Part A stay. Although you should note that some categories of services have been excluded from consolidated billing as they're costly or call for specialization..
Billers need to keep themselves updated with the latest: Even the most experienced billing professionals have a tough time when it comes to understanding the intricacies of the reimbursement process. Consolidated billing has always been one of the biggest areas of concern for billers. If the billers of a facility do not have a good understanding of consolidated billing, the facility will end up losing thousands of dollars every year. Billers need to keep themselves updated with all the consolidated billing changes. Without a proper understanding of how these changes affect the process, consolidated billing will become more of a challenge for billers than ever before..
How to overcome your billing woes: As a biller, if you are to overcome these challenges, you'll do well to attend quick and convenient 60-minute audio conferences which come packed with practical advice, tips and reference sources you need to feel at ease with consolidated billing.
Attending these conferences will help you understand how to ensure proper billing and payment for services rendered, which could save you thousands of dollars in revenue for your skilled nursing facility.
Advantages of consolidated billing: Through Consolidated Billing [http://www.audioeducator.com/industry_conference.php?id=1439], one can reduce time spent on complex tasks of maintaining group health and welfare eligibility databases, disbursing payments to carriers and reconciling monthly bills to ensure adjustments are made in a proper fashion..
Services covered under consolidated billing: Consolidated billing encompasses the entire package of care that a resident would receive during a covered Medicare Part A stay. Although you should note that some categories of services have been excluded from consolidated billing as they're costly or call for specialization..
Billers need to keep themselves updated with the latest: Even the most experienced billing professionals have a tough time when it comes to understanding the intricacies of the reimbursement process. Consolidated billing has always been one of the biggest areas of concern for billers. If the billers of a facility do not have a good understanding of consolidated billing, the facility will end up losing thousands of dollars every year. Billers need to keep themselves updated with all the consolidated billing changes. Without a proper understanding of how these changes affect the process, consolidated billing will become more of a challenge for billers than ever before..
How to overcome your billing woes: As a biller, if you are to overcome these challenges, you'll do well to attend quick and convenient 60-minute audio conferences which come packed with practical advice, tips and reference sources you need to feel at ease with consolidated billing.
Attending these conferences will help you understand how to ensure proper billing and payment for services rendered, which could save you thousands of dollars in revenue for your skilled nursing facility.
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