LTC Ally Articles

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Long-Term Care Statistics You Need to Know in 2018

Long-Term Care Statistics You Need to Know in 2018 If you operate a nursing home or other long-term care facility in the United States, your primary concern is to care for your senior residents and their families. However, finances are the lifeline of your facility, so you need adequate revenue to pay the bills and ... Long-Term Care Statistics You Need to Know in 2018
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Article

Improving Financial Vitals of the Healthcare Industry

LTC Consulting Services’ initial focus when first starting out in 2006 was medical billing for skilled nursing facilities, but we’ve grown immensely since then. Our services have expanded to better support our healthcare clients’ day-to-day finance needs and ensure long-term growth and sustainability with dedicated advisory services. See the case study by CPA.com by accessing it via ... Improving Financial Vitals of the Healthcare Industry
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Trump Administration Eases Nursing Home Fines and Gives Long Awaited Relief to industry

The nursing home industry is reaping the benefits of a decision made by the Trump administration to ease up on the use of fines against nursing homes.The policy change will reverse the Obama administration’s policy of fining nursing homes for harming residents or placing them in grave risk of injury, part of President Trump’s resolve ... Trump Administration Eases Nursing Home Fines and Gives Long Awaited Relief to industry
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Article

Where’s My Cash?

WHERE’S MY CASH?  Are you often asking yourself this question? You know your operations are well-run, you assume your facility is financially secure and profitable, yet you’re tight on cash. Why? You’re not alone. Many owners and operators are tossing and turning at night with this very question running through their minds. Enter LTC Financial ... Where’s My Cash?
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Article

We’re Moving!

We’re moving! Our new address will be: 100 BOULEVARD OF THE AMERICAS LAKEWOOD, NJ 08701 Our office will be closed on Friday 8/4 for the move. We will be open for business as usual on Monday 8/7. LOOKING FORWARD!
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Article

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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