Performance-Based Billing: A Game-Changer for Hospices

As hospice agencies expand in average daily census, they need to ensure they are optimizing their billing practices accordingly. With complex revenue cycle considerations, including Medicare reimbursement, and internal resources that are often spread thin, hospice operators are in a unique position to use optimized billing to grow the bottom line.

More than ever, leadership teams are looking for ways to improve financial stability without compromising care quality. Billing isn’t just a back-office task, but a strategic function that directly affects your agency’s ability to invest in staff, patient resources and long-term growth. That’s why understanding and implementing performance-based billing can create a meaningful advantage.

In this white paper you will learn:

1. What performance-based billing is, and how it works

2. How third-party billing can combat the most common revenue cycle woes hospices face

3. How hospice providers are using performance-based billing to grow their revenue

4. Why accurate, real-time reporting and proactive AR management are essential in today’s reimbursement landscape

5. What to look for when evaluating an outsourced billing partner

Whether your agency is preparing for expansion or simply trying to regain control of your revenue cycle, performance-based billing offers a clear path forward. Download the full white paper to see how our team at Advanced Revenue Cycle Management helps hospice agencies transform their billing operations into a predictable and profitable part of their business.