Nursing home care is quite a burden for the patients paying from out-of-pocket as it is hugely expensive. People who are covered under Medicare might be slightly better placed but cannot be considered comfortable. To their surprise, Medicare doesn’t cover long-term care stays in nursing homes in most cases. However, Medicare has significance in these cases too. Medicare does cover expenses for hospital care, doctor visit fees, medical supplies, etc. during the patient’s stay in the nursing home. As complex and uncertain as it sounds, Medicare nursing home billing is indeed quite a specialized area and nursing homes across the country regularly suffer from handling the skilled nursing facility Medicare billing problems mainly. What they need is the guidance of trusted and tested Medicare nursing home billing services like Sunknowledge Services Inc. For further information, such as patient rights, you may want to read this nursing home guide before making a decision regarding your long-term nursing home care plan. Although being in a nursing home should be a time for service users to enjoy their retirement while getting the help and care they need, at times that might not be the case. Some services might not uphold the rights of patients and service users, causing them to seek help from law firm similar to Serious Injury Law Group, P.C. for help and advice.
Sunknowledge Services Inc. is one of the few medical billing service companies to rely for your nursing home billing outsourcing and it is definitely among the top ranked ones. Since starting its journey in 2007, Sunknowledge has been serving the US healthcare industry with specialization in nursing home care billing solutions in domains including long term care billing and skilled nursing facility Medicare billing.
Nursing Home Billing: Things about Skilled Nursing Facility
Skilled nursing and rehabilitation care in a Medicare-certified Skilled Nursing Facility (SNF) or swing bed hospital is covered by Medicare subjected to conditions for a limited time. SNF providers receive information from this billing reference like:
So what are these skilled services? These are services furnished according to physician orders requiring skills of qualified technical and/or professional health personnel like registered nurses, licensed practical nurses, physical therapists, occupational therapists, speech-language pathologists, etc. Since it’s a very specialized area of medical billing, coding for skilled nursing facilities is not every medical billing company’s forte. Sunknowledge has a great team of experienced and expert medical coders who specialize in coding for skilled nursing facilities.
The Sunknowledge Way of Handling Medicare Long Term Care Billing Services
Accounts Receivable is one area, which is a constant concern for any nursing home facility. Fortunately for the nursing homes across the country, Sunknowledge is constantly providing them reliance through its highly skilled staff, use of latest technology, and state-of-the-art infrastructure. No wonder, Sunknowledge has seen numerous success stories in nursing home account receivable management. The three-step process that Sunknowledge follows is equally supported with expert level precision to address the AR issues. The three-step process constitutes:
- AR analysis
- Payer follow-up
- Claim closure
Adding to the process are mechanisms like online and automated claim follow-ups, calls to insurance reps, etc. that help Sunknowledge to carry on an excellent denial management of nursing home claims through necessary claim correction and resubmission.
Here are some of the advantages, working with Sunknowledge:
- 80% Reduction in Billing Costs
- Dedicated account manager
- Reduction in accounts receivable by 30% within 1 month
- Low fee standalone services
- 99% accuracy
- Increased revenue collection up to 97%
- Unsurpassed speed
- No binding contracts
- 100s of clients with excellent references
- 100% HIPAA Compliance
- Fully supported by Hiscox Insurance of up to $1 million to cover any error of omission & commission
- 100% client retention
- Daily/Weekly/Monthly customized reports
- Clients’ legal issues handled by Nixon Peabody
- Telemedicine platform
Our portfolio boasts of working with top notch nursing homes and care facilities and the testimonials stand witness to that trust. Don’t deny the expertise your practice deserves, call us at the earliest, and be a part of the success story.