LTC Ally Articles
Article
Mastering Billing and Collections for Long-Term Care Facilities
Efficient billing and collections are critical for the financial health of any long-term care facility. With the complexity of long-term care billing and the constant changes in healthcare regulations, facilities often face challenges in maintaining cash flow, reducing receivables, and managing their revenue cycle effectively. As operations managers and finance teams seek solutions to optimize ... Mastering Billing and Collections for Long-Term Care Facilities
Read More
Categories
Video
The Covid-19 Vaccine: A Marketing Lesson
Nursing Home and Long Term Care workers and residents have been prioritized to receive the Coronavirus vaccine. But will people take it? As we’re getting closer, Dr. Fauci and the Centers for Disease Control (CDC) have a big challenge. There is a tremendous amount of pushback from people that don’t believe that there was enough ... The Covid-19 Vaccine: A Marketing Lesson
Read More
Article
It Ain’t Over ‘Til its Covered – Medicare Advantage and COVID-19
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
Read More
Article
The Top 3 Causes for Aging AR in SNFs
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
Read More
Article
4 Proven Tips to Accept Referrals in Under 10 Minutes!
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!
Read More
Article
Inside Tips – 3 Trends the LTC Collections Team Looks For When Cleaning AR.
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.
Read More
Article
Are Prior Authorizations for Skilled Nursing Really Necessary? What COVID-19 Has Taught Us
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
Read More