{"id":3119,"date":"2019-03-26T14:19:00","date_gmt":"2019-03-26T14:19:00","guid":{"rendered":"https:\/\/advancedrevcycle.com\/?p=3119"},"modified":"2024-05-03T08:30:07","modified_gmt":"2024-05-03T08:30:07","slug":"5-reasons-to-work-with-a-hospice-billing-company","status":"publish","type":"post","link":"https:\/\/advancedrevcycle.com\/5-reasons-to-work-with-a-hospice-billing-company\/","title":{"rendered":"5 Reasons To Work With A Hospice Billing Company"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3119\" class=\"elementor elementor-3119\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9697188 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9697188\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9593a43\" data-id=\"9593a43\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-08e4d50 elementor-widget elementor-widget-text-editor\" data-id=\"08e4d50\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>If you own or manage a hospice care agency, you undoubtedly know how frustrating it can be to take time and energy away from your caring for your patients to handle your organization\u2019s billing and collections. However, without a steady stream of revenue, it\u2019s difficult or impossible to keep your doors open. It\u2019s quite a conundrum. That\u2019s where a third party hospice billing company like Advanced Hospice Management can help.<\/p><h2>What is a Hospice Billing Company?<\/h2><p>A hospice billing company, as the name implies, specializes in collecting payment for hospice organizations. This can be revenue from insurance companies, Medicare and Medicaid. Our experts are skilled at getting every dollar your agency is entitled to, even when that means billing a number of different sources.<\/p><h2>Benefits of Working With a Hospice Billing Company<\/h2><ol><li><b>It allows you and your staff to spend more time with your patients.<\/b>\u00a0Outsourcing your billing and collections allows you and your staff to concentrate on your core mission, providing care for hospice patients and their families.<\/li><li><b>There\u2019s no need for training on billing.\u00a0<\/b>When you use a hospice billing company, you and your staff don\u2019t have to worry about software training for the billing process. Our expert billers know the billing flow and can generate claims in any EMR.<\/li><li><b>We\u2019ll improve your cash flow and reduce your risk of audits and takebacks. We strive to get every claim paid in full the first time.<\/b>\u00a0By collecting more of your claims quickly and more fully, you\u2019ll have more cash flow to meet your regular operating expenses. When you use our billing and collection experts, you\u2019ll dramatically reduce your risk of claims errors resulting in payment rejections. By submitting clean, accurate claims, resulting in proper payment, we reduce the number of payment corrections made by payer audits, allowing you to keep \u00a0the money you\u2019ve earned.<\/li><li><b>We\u2019ll help you resolve old, unpaid claims<\/b>. We have a proven track record of collecting those claims that have been lingering for weeks or months. We\u2019ll review, revise and resubmit them and, in most cases, collect your money.<\/li><li><b>We\u2019ll mitigate the risk of your financial stability.<\/b>\u00a0Placing the weight of your finances on the shoulders of one or a few internal billing personnel can put your financial stability at risk. Let our experts take care of your hospice billing. Not only will we file your claims in a timely, efficient manner, but we will also remove the stress of relying on employees who may take unplanned leave, or worse, other employment. We assign a team of billers to manage your hospice claims, so you never worry about losing key personnel and the negative impact that would have on your revenue cycle. We are always available to submit, monitor, and manage your outstanding claims resulting in collecting more of your money, faster.<\/li><\/ol><p>Staying on top of your billing, coding, and collections doesn\u2019t have to be an impossible task. We can help. To learn more about outsourcing your hospice billing,\u00a0<a href=\"https:\/\/advancedrevcycle.com\/contact\/\">contact Advanced Hospice Management<\/a>. We\u2019re a leader in the outsourced\/third party hospice billing industry.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b478485 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b478485\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ec8ad40\" data-id=\"ec8ad40\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a2a997 elementor-widget elementor-widget-image\" data-id=\"0a2a997\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! 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However, without a steady stream of revenue, it\u2019s difficult or impossible to keep your doors open. It\u2019s quite a conundrum. That\u2019s where a third party hospice billing company like Advanced Hospice Management can help.<\/p>\n","protected":false},"author":1,"featured_media":10005,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[12],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/posts\/3119"}],"collection":[{"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/comments?post=3119"}],"version-history":[{"count":4,"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/posts\/3119\/revisions"}],"predecessor-version":[{"id":12023,"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/posts\/3119\/revisions\/12023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/media\/10005"}],"wp:attachment":[{"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/media?parent=3119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/categories?post=3119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advancedrevcycle.com\/wp-json\/wp\/v2\/tags?post=3119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}