{"id":3966,"date":"2022-11-09T17:25:33","date_gmt":"2022-11-09T17:25:33","guid":{"rendered":"https:\/\/ltcally.com\/articles\/?p=3966"},"modified":"2022-11-11T21:41:18","modified_gmt":"2022-11-11T21:41:18","slug":"more-than-ltc-billing-software","status":"publish","type":"post","link":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/","title":{"rendered":"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E2%80%A6And_How_the_Right_Personnel_Fill_the_Gaps_No_Software_Can\"><\/span><strong>\u2026And How the Right Personnel Fill the Gaps No Software Can<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Managing your facilities\u2019 accounts receivables and billing is the backbone of your revenue cycle. Mastering your revenue cycle, however, requires more than just the right billing software.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#%E2%80%A6And_How_the_Right_Personnel_Fill_the_Gaps_No_Software_Can\" >\u2026And How the Right Personnel Fill the Gaps No Software Can<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#Why_Software_Alone_Wont_Fill_Gaps_in_Billing\" >Why Software Alone Won\u2019t Fill Gaps in Billing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#The_Human_Element_Is_Essential_in_Long-Term_Care\" >The Human Element Is Essential in Long-Term Care<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#Read_Case_Study\" >Read Case Study<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#Follow_Us_on_LinkedIn\" >Follow Us on LinkedIn<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>As healthcare technology evolves, a plethora of billing solutions have emerged for a variety of specific use cases, including long-term care. Even these advanced solutions, however, cannot independently address the needs of the industry\u2019s complex billing requirements.<\/p>\n\n\n\n<p>The secret ingredient that the most successful operators have, in addition to the right LTC billing software, is the right <strong><em>personnel<\/em><\/strong>.<\/p>\n\n\n\n<p>Only trained specialists with the knowledge of post-acute and long-term care (LTC) have the experience and time needed to know the industry\u2019s intricacies and how these impact your revenue.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Software_Alone_Wont_Fill_Gaps_in_Billing\"><\/span><strong>Why Software Alone Won\u2019t Fill Gaps in Billing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>LTC billing software is excellent for streamlining the collection of data needed to bill payers and accurately submit claims. Billing codes, patient information, and other essential data can be seamlessly pulled from your existing electronic health records (EHR) systems, making billing officers\u2019 jobs more efficient and claims more accurate.\u00a0<\/p>\n\n\n\n<p>Where software falls short, however, is helping billing officers know if the format or information required to bill a specific payer\u2014especially managed care payers\u2014is incorrect or missing.<\/p>\n\n\n\n<p>Claim denials are most commonly the result of billing errors and create a time-consuming recovery process that can be avoided altogether by submitting the right information in the right format at the outset.<\/p>\n\n\n\n<p>Most modern billing software aids users by ensuring vital information is present, but as more complex payer networks emerge, requirements change and payers demand more information.<\/p>\n\n\n\n<p>Here\u2019s where a post-acute or LTC billing expert can support your team to make sure claims are being submitted properly and tracked through final payment. Personnel with this particular expertise in your business office support your revenue cycle by working diligently <em>now<\/em> so reimbursements reliably arrive later.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Human_Element_Is_Essential_in_Long-Term_Care\"><\/span><strong>The Human Element Is Essential in Long-Term Care<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Even as technology in the industry advances, one factor remains critical to providing quality care and has proven itself irreplaceable. The human element. Your back office is not exempt from this truth.<\/p>\n\n\n\n<p>At present, there is yet to exist a software solution so intelligent and so adaptable that it can ensure proper LTC billing practices for every payer type.&nbsp;<\/p>\n\n\n\n<p>High-performing business offices are adopting an approach that complements their technological solutions with specialists to provide acute oversight and perform due diligence.&nbsp;<\/p>\n\n\n\n<p>This solution means operators need to bring the best systems they can afford into their facilities and pair that with the most experienced billing and AR experts available. This winning combination has been shown to produce an optimal revenue cycle.<\/p>\n\n\n\n<p>For many operators, integrating this level of sophistication into their internal business office is prohibitively expensive. Outsourcing, however, has allowed LTC operators overseeing dozens of facilities to standardize their RCM processes and achieve excellent results without breaking the bank.<\/p>\n\n\n\n<p>At LTC Ally, we have developed advanced systems that track claims and denials across hundreds of facilities that are supported by teams of dedicated specialists with deep industry expertise. Our RCM department helps operators of all sizes optimize their billing, AR, and collections, routinely capturing millions of dollars sitting in aging claims.<\/p>\n\n\n\n<p>See how we helped one such operator with their billing and collections and ultimately improve revenue:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Read_Case_Study\"><\/span>Read Case Study<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<p>Related Articles:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/ltcally.com\/articles\/improving-healthcare-revenue-cycle-management\/\">How Your Long-Term Care Organization Can Improve Its RCM<\/a><\/li><li><a href=\"https:\/\/ltcally.com\/articles\/end-to-end-revenue-cycle-management\/\">What Is End-to-End Revenue Cycle Management?<\/a><\/li><li><a href=\"https:\/\/ltcally.com\/articles\/meet-ltc-allys-executive-vp-of-revenue-cycle-management\/\">Meet LTC Ally\u2019s EVP of RCM<\/a><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Follow_Us_on_LinkedIn\"><\/span>Follow Us on LinkedIn<span class=\"ez-toc-section-end\"><\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s more to mastering your healthcare revenue cycle than LTC billing software. Learn what you might be missing.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-3966","post","type-post","status-publish","format-standard","hentry","category-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why You Need More Than LTC Billing Software to Master Your Revenue Cycle | Articles | LTC Ally<\/title>\n<meta name=\"description\" content=\"There\u2019s more to mastering your healthcare revenue cycle than LTC billing software. Learn what you might be missing | LTC Ally\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle | Articles | LTC Ally\" \/>\n<meta property=\"og:description\" content=\"There\u2019s more to mastering your healthcare revenue cycle than LTC billing software. Learn what you might be missing | LTC Ally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/\" \/>\n<meta property=\"og:site_name\" content=\"Articles | LTC Ally\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-09T17:25:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-11T21:41:18+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#\\\/schema\\\/person\\\/b1585f271e244cffd2ee88d1ee17d0a9\"},\"headline\":\"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle\",\"datePublished\":\"2022-11-09T17:25:33+00:00\",\"dateModified\":\"2022-11-11T21:41:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/\"},\"wordCount\":603,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#organization\"},\"articleSection\":[\"Articles\"],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/\",\"url\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/\",\"name\":\"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle | Articles | LTC Ally\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#website\"},\"datePublished\":\"2022-11-09T17:25:33+00:00\",\"dateModified\":\"2022-11-11T21:41:18+00:00\",\"description\":\"There\u2019s more to mastering your healthcare revenue cycle than LTC billing software. Learn what you might be missing | LTC Ally\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/more-than-ltc-billing-software\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#website\",\"url\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/\",\"name\":\"Articles | LTC Ally\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#organization\",\"name\":\"LTC Ally\",\"url\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"http:\\\/\\\/dev.ltcally.com\\\/articles\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/cropped-android-chrome-512x512-1.png\",\"contentUrl\":\"http:\\\/\\\/dev.ltcally.com\\\/articles\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/cropped-android-chrome-512x512-1.png\",\"width\":512,\"height\":512,\"caption\":\"LTC Ally\"},\"image\":{\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ltcally.com\\\/articles\\\/#\\\/schema\\\/person\\\/b1585f271e244cffd2ee88d1ee17d0a9\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f17c66792b868620a980de156450aca73a58b1542458c6e69e1eaaccec1cc4c8?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f17c66792b868620a980de156450aca73a58b1542458c6e69e1eaaccec1cc4c8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f17c66792b868620a980de156450aca73a58b1542458c6e69e1eaaccec1cc4c8?s=96&d=mm&r=g\",\"caption\":\"admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle | Articles | LTC Ally","description":"There\u2019s more to mastering your healthcare revenue cycle than LTC billing software. Learn what you might be missing | LTC Ally","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/","og_locale":"en_US","og_type":"article","og_title":"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle | Articles | LTC Ally","og_description":"There\u2019s more to mastering your healthcare revenue cycle than LTC billing software. Learn what you might be missing | LTC Ally","og_url":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/","og_site_name":"Articles | LTC Ally","article_published_time":"2022-11-09T17:25:33+00:00","article_modified_time":"2022-11-11T21:41:18+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#article","isPartOf":{"@id":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/"},"author":{"name":"admin","@id":"https:\/\/ltcally.com\/articles\/#\/schema\/person\/b1585f271e244cffd2ee88d1ee17d0a9"},"headline":"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle","datePublished":"2022-11-09T17:25:33+00:00","dateModified":"2022-11-11T21:41:18+00:00","mainEntityOfPage":{"@id":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/"},"wordCount":603,"commentCount":0,"publisher":{"@id":"https:\/\/ltcally.com\/articles\/#organization"},"articleSection":["Articles"],"inLanguage":"en","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/","url":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/","name":"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle | Articles | LTC Ally","isPartOf":{"@id":"https:\/\/ltcally.com\/articles\/#website"},"datePublished":"2022-11-09T17:25:33+00:00","dateModified":"2022-11-11T21:41:18+00:00","description":"There\u2019s more to mastering your healthcare revenue cycle than LTC billing software. Learn what you might be missing | LTC Ally","breadcrumb":{"@id":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ltcally.com\/articles\/more-than-ltc-billing-software\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ltcally.com\/articles\/"},{"@type":"ListItem","position":2,"name":"Why You Need More Than LTC Billing Software to Master Your Revenue Cycle"}]},{"@type":"WebSite","@id":"https:\/\/ltcally.com\/articles\/#website","url":"https:\/\/ltcally.com\/articles\/","name":"Articles | LTC Ally","description":"","publisher":{"@id":"https:\/\/ltcally.com\/articles\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ltcally.com\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/ltcally.com\/articles\/#organization","name":"LTC Ally","url":"https:\/\/ltcally.com\/articles\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/ltcally.com\/articles\/#\/schema\/logo\/image\/","url":"http:\/\/dev.ltcally.com\/articles\/wp-content\/uploads\/2022\/03\/cropped-android-chrome-512x512-1.png","contentUrl":"http:\/\/dev.ltcally.com\/articles\/wp-content\/uploads\/2022\/03\/cropped-android-chrome-512x512-1.png","width":512,"height":512,"caption":"LTC Ally"},"image":{"@id":"https:\/\/ltcally.com\/articles\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ltcally.com\/articles\/#\/schema\/person\/b1585f271e244cffd2ee88d1ee17d0a9","name":"admin","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/secure.gravatar.com\/avatar\/f17c66792b868620a980de156450aca73a58b1542458c6e69e1eaaccec1cc4c8?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f17c66792b868620a980de156450aca73a58b1542458c6e69e1eaaccec1cc4c8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f17c66792b868620a980de156450aca73a58b1542458c6e69e1eaaccec1cc4c8?s=96&d=mm&r=g","caption":"admin"}}]}},"_links":{"self":[{"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/posts\/3966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/comments?post=3966"}],"version-history":[{"count":4,"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/posts\/3966\/revisions"}],"predecessor-version":[{"id":3973,"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/posts\/3966\/revisions\/3973"}],"wp:attachment":[{"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/media?parent=3966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/categories?post=3966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ltcally.com\/articles\/wp-json\/wp\/v2\/tags?post=3966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}