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Lost Revenue from Claim Denials

What are the best ways to tackle it now and avoid it happening in the future? Claim denials cause significant loss of revenue for nursing care facilities. If only 5% of medical claims were denied – which is rarely the case – the revenue loss would be substantial. Case in point: suppose a nursing home ... Lost Revenue from Claim Denials
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Social Security Number Removal Initiative (SSNRI)

To remove Social Security Numbers (SSNs) from all Medicare cards, the SSNRI initiated the Medicare Access and CHIP Re-authorization Act (MACRA) of 2015. This bill was considered and passed by the House on March 26th, 2015. And with a yea-nay vote of 92-8, it was considered and passed by the Senate on April 14th, 2015. ... Social Security Number Removal Initiative (SSNRI)
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The 2018 Proposed Federal Budget and Medicaid

On May 23rd , the 2018 proposed federal budget was released by the White House. Since then, there has been a flurry of news about what this means and how it will affect US citizens. Let’s focus on the planned changes to Medicaid, which is an important topic for our readers. Perhaps you heard about ... The 2018 Proposed Federal Budget and Medicaid
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#HealthcareSummit17: What You Need to Know

This year’s Healthcare Summit is bigger than ever. It’s on June 19 – 20 at The Coaches Club at MetLife Stadium. We had a Q&A with Ovadyah Stavsky, Director of Marketing at SPS and LTC, to find out what you need to know to get the most out of the packed agenda. Q: This is ... #HealthcareSummit17: What You Need to Know
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Register for #HealthcareSummit17!

June 19 – 20 2017 The Coaches Club at MetLife Stadium Open Bar • Buffet Dinner Up to 6 CEUs for Administrators, SWs and DONs Approved for all States Registration is open to LNHAs, CALAs, DONs and SWs, or members of facilities and organizations that have a relationship with LTC Consulting Services. To register please ... Register for #HealthcareSummit17!
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The One Thing You Should Never Do When Faced With A Collections Issue

LTC collections director Chaim Cohen observes that the pressure to file claims in a timely manner – and the need for healthcare businesses to constantly move forward — often leave any lingering collection issues in the dust. That, of course, means perfectly collectible money uncollected. Collection questions like, “What shall we do now?” or “How ... The One Thing You Should Never Do When Faced With A Collections Issue
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