The skilled nursing facility is one of the complicated domains which have specific rules and regulations when billing is concern. A skilled nursing facility billers and coders handling the SNF have to keep in mind that the skilled nursing care, therapy services and all other services for Medicare beneficiaries fall under the part A SNF benefit. Being regularly up to date with new SNF billing rules and regulations along with documents required; a SNF biller further has to keep track of all new codes as well.
A recent report stated that about 26 percent of claims which were submitted by SNFs were not supported with any medical records which have a potential overpayment of around $500 million. In fact, recently there are numerous problems that came to light for Medicare Part A payment related to SNF billing that was identified by the Office of Inspector General ( OIG).
Even the Medicare Payment Advisory Commission has raised its concerns related to improper billing of SNFs for therapy to obtain additional Medicare payments.
Billing and coding errors in medical billing is inevitable. However, with the right partner, you can both reduce the error rate and experience a better billing operation.
Sunknowledge Services Inc – a partner to reduce all your skilled nursing facility billing and coding errors :
With complete knowledge of Medicare Part A and understanding the industry mandates better than other RCM organizations, Sunknowledge Services Inc today is known for providing seamless billing operation and the highest productivity metrics in the industry.
Working as an operational extension for many leading SNF, we take care of the complete pre and post skilled nursing facility billing and collection responsibility. In fact, the best part of working with us is that we excel in reducing unnecessary denial and rejection.
With proper doctor office follow-up, we not only ensure relevant documents but also work on timely claims submission as well. Following stringent checks in every process, our experts further ensure comprehensive accounts receivable recovery process for better collection and billing management. Following every billing regulation of SNFs, today we have a track record of 99.9% precision level.
We are an RCM solution that further reduces your operational cost at a rate which no other RCM can offer. For more details, call us over a no commitment call and our experts will help you understand how we can make a difference to your billing process.