The Hidden Costs of Reworking Claims: A Wake-Up Call for Home Health Agencies
In home health, every dollar counts. Yet, many agencies are unknowingly bleeding money through a seemingly mundane process: reworking denied claims. Today, let’s dive into the true cost of claim rework and why it’s a critical issue that demands your attention. The Staggering Numbers First, let’s talk numbers, and brace yourself – they’re not pretty: […]
5 + 1 Strategies for Creating Predictable Revenue in Home Health and Hospice
What is Predictable Revenue for Home Health? Predictable revenue in home health and hospice refers to the ability to consistently generate and forecast income through systematic processes and effective management. This approach is crucial for agencies as it provides financial stability, enables accurate goal-setting, and supports informed decision-making for growth and investment. By creating a […]
Preparing for HOPE: A New Era in Hospice Care Assessment
Hospice providers across the nation are gearing up for a significant change in how we assess and report patient care. The Hospice Outcomes and Patient Evaluation (HOPE) tool is set to replace the current Hospice Item Set (HIS), ushering in a new era of comprehensive patient assessment and quality reporting. In an episode of Home […]
Claims Past 90 Days? The Critical Importance of Revenue Recovery for Home Health and Hospice Agencies
Home health and hospice agencies face numerous challenges in maintaining financial stability and operational efficiency. One of the most crucial aspects of financial management is revenue recovery. This week’s edition of Invisible Truth explores the significance of revenue recovery for home health and hospice agencies and provides insights into best practices for optimizing this essential […]
No Claim Left Behind: The Critical Importance of Claims Management in Home Health
Home health agencies play a vital role in providing essential care to patients in the comfort of their own homes. However, the success and sustainability of these agencies heavily depend on effective claims management. Let’s explore why managing claims in home health is so crucial and how it impacts both providers and patients. Claims Management […]
Outsourcing Revenue Cycle Management in Home Health: A Short-term Fix with Long-Term Gains
Many home health agencies find themselves turning to revenue cycle management (RCM) outsourcing during times of crisis. While this approach can certainly provide immediate relief, it’s important to recognize that outsourcing RCM offers significant long-term benefits as well. Let’s explore how outsourcing can be a strategic decision for both short-term problem-solving and long-term success. The […]
Home Health Revenue Cycle Management (RCM) Audits: Why Expertise Matters
In home health and hospice, revenue cycle management (RCM) stands as the backbone of an organization’s financial well-being. Even the most robust RCM processes can harbor invisible vulnerabilities that, if left unchecked, can significantly impact profitability and sustainability. This is where the invaluable expertise of an external RCM audit comes into play, providing a fresh […]
Understanding MAC Audits in Home Health: A Q&A Guide
Medicare Administrative Contractor (MAC) audits can be a daunting prospect for home health agencies. To shed light on this process, we’ve compiled a Q&A based on insights from Annette Lee of Provider Insights, an expert in home health and hospice reimbursement. What are MAC audits? MAC audits are part of a process called Targeted Probe […]
Revolutionize Healthcare with HealthRev Partners: Key Takeaways from the ‘Proactive Approach to Tech-Enabled Solutions for VBP Readiness in 2025’ Webinar
You’re counting every dollar and every dollar counts! In a regulatory climate where every dollar counts, post acute healthcare agencies are locked in a constant battle against revenue leakage, with coding and billing complexities threatening their financial stability. HealthRev Partners (HRP), under the leadership of CEO Michael Greenlee, has emerged as a beacon of innovation, […]
Home Health Denial Management: Aligning with Industry Best Practices
In the home health industry, effective denial management is crucial for maintaining financial stability and ensuring quality patient care. This blog will cover how a denial management strategy should align to industry best practices, with a focus on the unique challenges faced by home health agencies. Understanding the Benchmark The industry standard for an acceptable […]
