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
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
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.
Driving financial health and strategic growth with complementary solutions in revenue cycle management and market intelligence. Ozark, MO and Atlanta, GA – October 10, 2024 – HealthRev Partners, the leading revenue cycle management partner specializing in innovative, tech-driven solutions for home health and hospice agencies, and Trella Health, the leading
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
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[…]
Driving financial health and strategic growth with complementary solutions in revenue cycle management and market intelligence. Ozark, MO and Atlanta, GA – October 10, 2024 – HealthRev Partners, the leading revenue cycle management partner specializing in innovative, tech-driven solutions 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[…]
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[…]
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[…]
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