Uploaded on Dec 16, 2022
Do you know about the requirements for SNF Consolidated Billing (CB)? We will take care of consolidate billing for skilled nursing facilities. The experts of 24/7 Medical Billing Services in SNF consolidated billing are equipped with the latest guidelines and knowledge of the CB in Skilled Nursing Facilities. to know more get in touch at: [email protected] or contact : +1 888-502-0537
Requirements For SNF Consolidated Billing PPT
REQUIREMENTS FOR SNF CONSOLIDATED
BILLING (CB)
Skilled Nursing Facility (SNF) differs from nursing homes, so their services are
also different. Many confuse the two, but nursing homes can have experienced
nurses who do not require professional care like SNFs, which marks the
difference between the two. In most cases, the care provided by SNF is by
occupational therapists, physical therapists, speech-language pathologists, and
common and licensed practical nurses. Though the list is not exclusive,
patients in SNFs that are part of the Medicare practice can be admitted to
skilled nursing residents in several cases. Thereby, the billing process resulted
in problems that were eventually rectified with the
SNF consolidated billing (CB).
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
SNFS BILLING ISSUES
SNF can also unbundle a service, thus allowing them to permit providing services
directly to the patient by an outsider supplier. The outsider then can submit the
claim to Medicare Part B, where SNF doesn’t need to be involved. This method of
claim submission, however, caused specific issues:
• There could be duplication of bills when both SNF and the supplier billed
for the same services
• Beneficiaries often incurred the out-out-pocket liability for the deductible
of Part B despite the supplier billing the insurer for that.
• The residents’ quality of care was adversely affected when different
outside care suppliers were brought into the program.
https://www.247medicalbillingservices.com [email protected]
Taking Care Of The Requirements of
SNF Consolidated Billing
• The CB makes the SNF coding and billing process quite complex. It requires the SNF staff to
adhere to these new billing guidelines while keeping track of hundreds of accounts of
residents, their bills, and the insurance companies’ documents. The need to find ways to
integrate and configure these data and streamline the billing and management process is
essential. Since the CB aims at providing better management and revenue to the SNF, the
facilities must adhere to the rules and regulations. It can be quickly done to save money and
time while the financial data is managed accurately for the SNF consolidated billing.
• However, many facilities and their admin staff find managing the SNF consolidated billing
process challenging. It often leads to revenue loss and, worst case scenario, getting
investigated by the authorities and fined for wrong billing and coding. All these problems can
be quickly resolved with the help of an expert partner like 24/7 Medical Billing Services.
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
WHY OUTSOURCE SNF BILLING AND CODING?
The experts of 24/7 Medical Billing Services in SNF consolidated billing are
equipped with the latest guidelines and knowledge of the CB in Skilled Nursing
Facilities. They also have the necessary EHR software to manage SNF
consolidated billing. The EHR software can process high-volume data, including
coverage of the residents and the payer plans.
Apart from such software, the trained staff understands the importance of proper
coding, which is required in CB for skilled nursing facilities. Hence by working with
the experts, any SNF can get the best-streamlined billing and coding process. It
eventually ensures every bill is claimed on time, no delays in A/R, and no claim
denials, rejections, and issues with reimbursement of the services. In the long
run, the admin can put in place a better revenue management cycle for the
SNF by adhering to the CB guidelines and warranting a better ROI for the facility.
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
ABOUT 24/7 MEDICAL BILLING SERVICES
24/7 Medical Billing Services is the nation’s leading medical billing service
provider catering services to more than 43 specialties across the entire 50
states. You can rely on us for end-to-end revenue cycle management. We
guarantee up to 10-20% increase in the revenue with cost reduction of your
practice for up to 50%.
https://www.247medicalbillingservices.com [email protected]
CALL US TODAY :
Media Contact –
24/7 Medical Billing Services,
28405 Osborn Road,
Cleveland, OH, 44140
Tel: + 1 -888-502-0537
Email: [email protected]
Website: https://www.247medicalbillingservices.com/
https://www.247medicalbillingservices.com [email protected]
Comments