CFOs: Get the full picture of your Medicare cash flow
Most home health agencies already operate at peak capacity with their budget and staffing. Yet the need for your organization’s services grows every day. Your challenge is keeping a close eye on your revenue stream (including Medicare cash flow) and staff productivity. How do you gain more efficiency and still keep costs down?
ABILITY | EASE™ provides the comprehensive information that you need to manage staff time and revenue. Automated daily reports, accessible from your desktop, keep you on top of Medicare dollars, claims status, and eligibility issues. With ABILITY | EASE, you’ll work smarter, not harder.
What can we do for you?
ISSUE: It’s a huge headache when our biller goes on vacation or we need to add extra staff ...
It’s a huge headache when our biller goes on vacation or we need to add extra staff at busy times of the year. Due to the complexity of the DDE/FISS billing environment, bringing on new staff who aren’t already trained in Medicare billing, navigation, and jargon is expensive and lengthy.
ABILITY ANSWER: ABILITY | EASE is an easy-to-use, comprehensive view of Medicare patient eligibility and claims status information that does not require complex “green screens” navigation from within the DDE/FISS system. The user-friendly workflow minimizes manual processes and reports, even if your facility has multiple locations. You can build efficiencies, increase billing capacity, and potentially delay hiring additional staff even when your business is growing.
ISSUE: I’d love to get a better handle on cash flow ...
I’d love to get a better handle on reimbursement cash flow projection for our Medicare claims, but it seems almost impossible with our current setup.
ABILITY ANSWER: With ABILITY | EASE, your staff has access to comprehensive Medicare claim reimbursement information daily, with reports that provides a view of RAPs at Risk and a view of all claims paid, as well as reimbursements expected (for up to 14 days in the future) and claims in process. You and your manager can more easily understand the revenue to be received and how you can cover operational costs.
ISSUE: I don’t see how we will meet growth projections without adding staff ...
I wish there were some magical way to do more eligibility and billing with the same number of staff. I don’t see how we’ll meet our growth projections without adding more people. There’s so much involved in these processes that billers will work evenings and weekends to catch up with their other tasks that also need to get done.
ABILITY ANSWER: ABILITY | EASE uses an automated “software robot” to delve into the CMS (Medicare) system every morning, pull down all pertinent information for patients and outstanding claims, and present it in a comprehensive format with one or two screens or online reports to your staff. Using the easy-to-use screens and reports, billers can then quickly diagnose eligibility information, find billing errors, perform drill-down searches, and get critical information about patients with minimal manual processes. You can improve Medicare revenue and associated cash flow without using overtime or extra staff.