Hospice regulatory requirements have become increasingly complex in recent years and 2014 was no exception, with substantial changes occurring in Medicare billing requirements. These requirements are expected to keep changing and the Medicare hospice benefit continues to receive heightened scrutiny from CMS and program integrity contractors. It is critical that hospice providers take time now to examine the revenue cycle processes to identify potential threats to compliance and cash flow, as well as to prepare for expected future regulatory changes.
This session will focus on strategies for optimizing the revenue cycle process by examining and applying industry revenue cycle performance benchmarks, analyzing typical revenue cycle compliance threats, and assessing strategies for ongoing monitoring of revenue cycle performance, including reviewing strategies for periodic compliance audits.
Objectives:
- Identify typical compliance threats that routinely surface in the hospice revenue cycle
- Apply hospice revenue cycle performance benchmarks
- Apply strategies for effective ongoing oversight and management of the hospice revenue cycle, including periodic hospice compliance audits
Faculty: Aaron Little, CPA, Managing Director, BKD, LLP
Continuing education units are not available for this module