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.

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.

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.

There are several factors that can keep you from receiving your maximum level of hospice collections. Here are our three steps to help you increase your collections and promote a smoother billing process.

While Medicaid provides coverage to working families, it is also one of the most prevalent forms of financial aid for nursing homes and hospice care facilities. Here are five facts about Medicaid that you might not know.

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.

From understanding the hospitalization benefit to knowing that Medicare requires sequential billing, Advanced Hospice Management understands how to collect on your A/R in the most timely, efficient way.

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.

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.