102. Jazzing up the Hospice Revenue Cycle: Compliance, Efficiency, & Cash Flow is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.
Description
An optimized hospice revenue cycle effectively maintains cash flow and minimizes write-offs in a compliant and efficient way. Every year new challenges threaten to disrupt the revenue cycle, as new compliance risks emerge, and the hospice billing and payment landscape evolves. Historical challenges, such as nursing facility room and board and Medicaid managed care organization billing and payment, continue to exist, along with added complexities created by the expanding Value-Based Insurance Design (VBID) demonstration project, increasing frequency of Targeted Probe and Educate (TPE) audits, and heightened scrutiny by the Office of Inspector General and program integrity contractors. This session will provide attendees with an update on the latest billing and payment issues while examining actionable strategies for optimizing revenue cycle process management and resulting cash flow and mitigating compliance risks. Industry benchmarks for key performance indicators (KPIs) will also be shared to allow attendees to compare revenue cycle performance.
Learning Objectives
• Assess to-date issues impacting the revenue cycle, including VBID, TPE
and other issues.
• Identify best practices for optimizing cash flow and minimizing
compliance risks through effective revenue cycle process management.
• Apply industry benchmarks to revenue cycle KPIs.
Faculty:
Candice Hardy
Zaundra Ellis
Nursing 1.6 Contact Hours awarded.
Nursing Contact Hours for this module will expire on July 16, 2025.