You work hard every day just to keep up with your current collections cycle. Of course you would love to be able to pull in your outstanding revenue and collect the funds your facility is due, but who has the time? And where do you start?
Collections 1, 2, 3: Proven Strategies for Collecting Long-Term Care Accounts Receivable contains easy-to-understand and implement strategies that will improve the collections process in your facility. It will take you step-by-step through the collections process to ensure that you get the money that you deserve earlier, and with less hassle.
More than just a lesson in Medicare
There are many books on the market today that will show you how to navigate the complicated Medicare process. But Medicaid, managed care, and private payers contribute to the largest part of your revenue. If you are overlooking these facets of your collections system, you are not getting all the reimbursement that you deserve. Collections 1, 2, 3 focuses specifically on these important aspects of collecting and shares proven and tested tools that SNF professionals just like you have already used to get their maximum reimbursement.
Proven strategies that work
Using the tools in Collections 1, 2, 3, you will be able to:
- Implement a practical, proven plan that can be implemented at any SNF
- Collect valuable reimbursement from a variety of payers, including private pay, Medicare, Medicaid, and managed care-and get your reimbursement faster
- Improve accuracy when tracking and recording a resident's data
- Develop more effective reporting and cash planning
Use Collections 1, 2, 3: Proven Strategies for Collecting Long-Term Care Accounts Receivable to collect all the outstanding revenue that you deserve.
About the Author:
Laura McDonnell serves as the corporate business manager for Merrimack Health Group, which is a long-term care ownership and management company based in Haverhill and Marblehead, MA. For more than 18 years, McDonnell has worked within the healthcare finance field in settings that range from acute-care hospitals to skilled nursing facilities (SNFs). Prior to joining the Merrimack group, she worked as a national consultant for several SNFs. Her expertise enables her to consult effectively with and oversee Merrimack's facility and central office business operations, which includes accounts receivable, billing, accounts payable, and payroll. She has written articles about billing and compliance issues for both regional and national publications devoted to long-term care issues.
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