Skilled nursing facilities need efficient billing practices in order to get timely payments. Be it in-house or outsourced, they need a skilled team of billers and coders who will focus on submitting denial free claims and work towards ensuring a subsequent increase in revenue.
There are various intricacies involved in the billing process of skilled nursing facilities. If the billers and coders are not experienced, then it will impact the bottom line of the practice. In order to experience uninterrupted cash flow and reduce denials, it is important to understand the common SNF billing challenges and ways to overcome them:
- Inaccuracy of codes is one of the most common challenges due to which most skilled nursing facilities claims get rejected by payers.
- At times, billers and coders have insufficient knowledge about the items that are covered by Medicare A and B and this leads to reduced or delayed payments.
- Skilled nursing facilities usually operate on thin margins in the face of