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Click here to download the printable order form!
(PDF)
Are you maximizing the income from the Medicaid services that your programs provide? If you think that your programs are not billing and collecting all appropriate Medicaid revenue that,
you're not alone. We find that many organizations in the field are only collecting 80% of the Medicaid services that are billed and they are not billing for many services that are delivered. Even a small increase in these billing and collections can provide much-needed financial resources.
So, the question is how do you improve your Medicaid billing and collection process? Our team at
OPEN MINDS finds that there are three key process problems that decrease Medicaid revenues:
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Missed opportunities in service billing
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Service documentation and coding problems
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Ineffective collection management processes
Our team has developed a program assessment that looks at Medicaid billing and collections process improvement with a focus on these three key areas. The
OPEN MINDS Medicaid Billing & Collections Process Improvement Assessment for Medicaid Revenue Maximization has four key components:
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A desk review of your current Medicaid revenues, billing policies and procedures, and collection management documentation.
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A full-day assessment of your service billing and collections processes.
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An analysis of the your current policies and procedures, documentation, and processes -- with a report on recommendations for increasing your Medicaid revenues.
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A half-day planning meeting with your team to review the recommendations for improving your Medicaid collections and a discussion of the tactics required to implement those recommendations.
Click here to download the printable order form!
(PDF)
For more information on OPEN MINDS consultation on Medicaid Billing & Collections Process Improvement, just call our team at 877-350-6463 or send an e-mail to
openminds@openminds.com.
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