I find people love to claim they predicted everything. “I told you that Bitcoin and Tesla and TikTok would be huge” or “Yeah, I always said this pandemic would still be raging into 2021”. So here we are at the start of 2021 – tell me, what are your predictions for healthcare this year? Here ... Top Healthcare Predictions for 2021

Yogi Berra is famous for saying quotes that sometimes we didn’t understand. And one of the things that he said was: If you see a fork in the road, take it. Now. I’m not sure what that means. I don’t even know if he knew what that meant, but I think I’m going to take ... It Ain’t Over ‘Til its Covered – Medicare Advantage and COVID-19

Where’s the Cash? The Top 3 Causes for Aging AR in SNFs   As a team of outsourced AR professionals, we get asked this question constantly here at LTC Collections. Due to the nature of a healthcare facility, revenue streams mainly from insurance companies and government healthcare systems, like Medicaid and Medicare. That is why ... The Top 3 Causes for Aging AR in SNFs

A common complaint among skilled nursing providers is how to fill empty beds. Vacant beds count as one of the the biggest expense at skilled nursing facilities. Many nursing homes are consistently at 70% – 80% capacity in what is an extremely competitive industry. Many facilities have access to many referrals, but they are just ... 4 Proven Tips to Accept Referrals in Under 10 Minutes!

At LTC Collections, we are generally called in to help once a skilled nursing facility’s receivables are really in a mess. Of course, that’s what we do best – get you the cash from old receivables that your team has deemed un-collectable. In this article we will explain how we determine where to focus our ... Inside Tips – 3 Trends the LTC Collections Team Looks For When Cleaning AR.

Are Prior Authorizations for Skilled Nursing Really Necessary? What Covid19 Has Taught Us Due to the Covid19 pandemic, many insurers waived the need for the initial prior authorizations for patients at skilled nursing facilities, which has us questioning, were these  auths really beneficial in the first place? Watch Steve Shain, COO of LTC Contracting, discuss prior ... Are Prior Authorizations for Skilled Nursing Really Necessary? What COVID-19 Has Taught Us