With the rising healthcare cost and increasing minimum wages, the whole skilled nursing home (SNF) billing process is an expensive affair to deal with, especially when a practice decides to go for an in-house billing option. Essentially in an in-house billing, a practice not only has to take care of the wages of billers and coders but also have to ensure training session, new software installation along with other employee perks and benefits for billers and coders making the whole process cost more than $ 30-35. However, this does not happen while outsourcing. Since, outsourcing has a pool of experts who are regularly trained and up to date which cut all the extra training costs, software installation fees, etc. In fact, today more than 75 % of healthcare practices are seen outsourcing their skilled nursing home (SNF) billing for better billing management and faster ROI.
Sunknowledge Services Inc a seamless skilled nursing home facility (SNF) billing solution:
Starting with data entry along with doctor office follow-up Sunknowledge expert’s correctly interpreting emergencies and preparing error-free billing and coding processes in fact today is known for excellent standard productivity in the market. Helping you get reimbursed faster reducing your billing and coding errors; Sunknowledge experts also helps in reducing your claims denials further assisting you with the highest collection rate. Reducing your operational cost by 80 %, our experts ensure utmost transparency in the billing services so that every payment we capture is duly reflected in customized reporting according to the client’s protocol as well.
Taking care of continuous follow-up, we ensure:
- Proper attention is given to every size or source
- Helps in a reduction in your accounts receivable bucket by 30 % in the first month itself
- Free internal auditors assigned
- 9 % accuracy rate in the billing as well as a coding process
- Free Setup of accounts and transition.
- Instant increase of collections by 90 % to 30 % within the first month
- 100% authorization submission on the same day, while further increasing your authorization rate by 1.5-2x.
- Free IT infrastructure setup (Phone-lines, VPN set-up, FTP server, etc.)
- Provide you with excellent industry references across the US.
So if you are looking to improve your skilled nursing home facility billing, we are just a call away! For more information speak to us right away.