Nursing Home Billing Services

With challenges like government reforms and shortages of skilled workers, you may already be struggling to keep your nursing home afloat. Don’t let billing issues be another weight that drags you down. Our nursing home billing services efficiently manage your revenue cycle for optimal financial stability.


Clutch Icon
Good Firms Icon
Trust Pilot Icon

Effective Nursing Home Billing Solutions for Optimal Results

< 30

Days in AR

10-15%

Revenue Increase

97%

First Pass Ratio

96%

Collection Ratios

98%

Clean Claims Rate

Overview of Nursing Home Billing Services

The need for nursing homes is growing around the country. Senior citizens and disabled people require such facilities for their custodial care and timely treatments.

Nursing home billing is critical to the financial management of long-term care providers, guaranteeing accurate and timely compensation for the high-quality services offered to the patients. Nursing home billing services consist of the following sub-procedures.

  • Insurance Verification
  • Accurate Coding and Documentation
  • Admission and Discharge Entries of Patients
  • Claims Generation and Submission
  • Government Insurance (Medicare and Medicaid) Compliance
  • Private Insurance Compliance

Common Challenges in Nursing Home Billing Solutions

Nursing home billing solutions face several issues in the complex world of healthcare reimbursement. One key obstacle is the constantly changing regulatory environment, which requires constant adaptation to new guidelines. Challenges faced in nursing home billing services are:

Different Insurance Plans (government or private)

Management of government or private insurance plans can be challenging.

Regulatory Changes

There is a constant change in the regulations that govern nursing home billing. So it can be a challenge to keep up with the changing guidelines.

Accurate Coding

Failure to use precise coding and accurate documentation can lead to claim delays and denials.

Data security

Ensuring the security and privacy of patient information can be a challenge during nursing home billing.

Increased Use of Technology

Maintaining current knowledge of technology advances in healthcare billing systems is a must to avoid errors.

Type of Services

Long-term care facilities frequently offer a wide range of services, and each service may have its own set of codes and payment rates.

Outsource Nursing Home Billing Services

Outsourcing nursing home billing services can provide long-term care facilities with various advantages, including the ability to focus on quality healthcare while ensuring effective financial management. Some of the benefits of outsourcing nursing home billing services are as follows:

FAQ Image
  • Accurate Billing
  • Revenue Cycle Management
  • Knowledge of Different Insurance Plans
  • Regulatory Compliance
  • Cost Effectiveness
  • Rapid Reimbursements
  • Reduced Billing Errors
  • Risk Mitigation

Get In Touch With Our
Nursing Home Billing Experts


FAQs

At MediBill MD, we believe in utilizing industry experience and expertise to overcome unique challenges at the lowest possible costs. Our nursing home billing specialists work day and night and follow federal/state laws, coding guidelines, and payer policies to increase your bottom line and prevent revenue leakages.

You can get our proven nurse home billing solutions for a small percentage of your total monthly collections. We only charge between 2% and 5% of your reimbursements in a month for our tailored nursing home billing services.

Medical coding for charge capture is the most challenging part of nursing home billing. A range of services are offered to elderly patients at nursing homes or skilled nursing facilities (SNFs). Hence, the codes from several categories and coding systems must be compiled to accurately report the procedures/services for clean claims submission.

Calculator

Get a FREE Medical
Billing Audit

×

Book a FREE Medical Billing Audit



Request a Call Back



Schedule a FREE Consultation

Sign up and book a free service demo