With the new technology advancement and changing codes, new billing regulations; the skilled nursing facility billing department needs experienced billers and certified codes to run the operational show seamlessly. This is because numerous nursing homes have always been under challenges and with the pandemic situation, concerns have escalated more than it was or expected; making it really difficult for many healthcare providers, clinics, nursing homes etc to run a seamless practice.
The problem in skilled nursing facility billing :
Financial pressure – as nursing homes are working on an exceptionally thin margin in the face of inadequate Medicare reimbursement, at times they are seen more focused on billing activities rather than on patient care management.
Decrease in the population – according to a recent survey the number of residents for a skilled nursing home is decreasing at a rate of 1 % annually, which means the lesser scope of billing process and profit for the particular domain. Furthermore, with Medicare funding services at home and introducing various several new programs in fact further decreasing the need for inpatient skilled nursing facility care.
Staffing – many nursing facilities still today struggle with the inadequate nursing staff level for their billing process. In fact, the lack of resources and the demand for skilled labor have further increased even more after the pandemic crisis.
Facts about the skilled nursing facility :
According to a survey it is seen that change or improvement in a skilled nursing facility(SNF)s can be initiated by increasing the staffing resources. As nursing home issues arise from socio-structural issues of billing and coding problems and not the clinical cause.
A nursing facility can never meet the complex care of the resident’s needs if there are always struggling with problems like inadequate resources and untrained staff. This is where Sunknowledge Services Inc fits in.
Sunknowledge is more than a key for a seamless skilled nursing facility billing :
Taking complete responsibility for both pre and post-billing activities of SNFs by ensuring correct data/ information, right coding process, authorization, claims, and denial management, we take care of it all. Helping you focus more on patient care which is vital for a successful practice, partnering with us makes it all easy. We further help in an 80% decline in operational cost which will save you a lot of money. With a track record of 99.9% accuracy rate, we further guarantee with us of 97% pass first collection rate.
Moreover working with us also save your resources from wasting their time on training session also. We are a destination for seamless skilled nursing facility billing operation with 100s of excellent industry references across the US.