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Interview with: Adam Rothman,
Managing Partner & John Anderson,
Managing Partner, Medicaid Done
Right
“The most important thing you can do in
a long-term care (LTC) organization,
apart from giving care, is to get the
money through the door. However, the
people who are entrusted with that are
often burdened with many other tasks
that come with the job,” says Adam
Rothman, Managing Partner, Medicaid
Done Right.
“Organizations with many facilities must
really refine their system to execute the
best possible scenario at all times. With
the sheer amount of human resources
and dedication needed for Medicaid
applications, it would be more cost
effective to outsource the process,”
adds John Anderson, also a Managing
Partner at the company.
Medicaid Done Right is a solution
provider at the marcus evans LTC &
Senior Living CXO Summit Fall 2015
and LTC & Senior Living CXO Summit
Fall 2016.
Applying for Medicaid is often
complex and costly. How could LTC
and senior living facilities improve
the process?
Rothman - They could outsource the
process to a company with the right
infrastructure to handle it, so that their
employees, who have to multi-task the
process, have more time available.
Also, forms have to be submitted on a
timely basis and often they are not,
which causes bad debt or write-offs. If
facilities were able to meet the time
constraints as has Medicaid Done Right,
they would be more efficient.
Faster and more accurate approvals
lead to better cash flow, resulting in less
bad debt.
Why do some facilities not consider
the outsourcing option? What are
their unfounded concerns? Is this
about losing control?
Rothman - When it comes to their funds
and billing, most of them want to keep
control, which is not the most economi-
cal solution. It might give them a sense
of comfort, but it doesn’t pay the bills.
Anderson - For nursing homes with
multiple facilities, having one unified
way of processing applications and one
reporting system, leads to less
confusion. When you are managing
many facilities, improving cash flow can
be a game changer. Every penny
counts.
How is outsourcing more economi-
cal?
Rothman - A typical application takes
five to six hours. If you process six of
those at five hours each, that is one
employee’s 30-hour work load. If you
gave 30 hours to a business manager in
a facility, they could collect much more
from other payer sources than the cost
of outsourcing them to us. It would free
up enough time for them to go out and
solicit more.
Is this more important in an
environment of reduced reimburse-
ment?
Anderson - Cash is king. The faster you
get their approval, the faster facilities
get paid for their services.
As the trend of consolidation
continues in the healthcare
industry, how will it impact how the
application process is run?
Rothman - Medicaid rules are getting
more complex. There are now more
restrictions than last year, the paper-
work process is more involved and case
workers have less access. This will only
get worse. Facilities do not need to fight
the battle internally.
Improving
cash flow
can be
a game
changer
The Value of Outsourcing
Medicaid Applications
The Healthcare Network -
marcus evans group delivers
peer-to-peer information on
strategic matters, professional
t r e n d s a n d b r e a k t h r o u g h
innovations.
Please note that the Summit is a
closed business event and the
number of participants strictly
limited.
For more information please send an email to press@marcusevanscy.com or visit
the event website below:
LTC & Senior Living CXO Summit Fall 2015:
www.longtermcaresummit.com
LTC & Senior Living CXO Summit Fall 2016:
www.longtermcaresummit.com
Contact
Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division
Tel: + 357 22 849 313
Email: press@marcusevanscy.com
For more information please send an email to press@marcusevanscy.com
All rights reserved. The above content may be republished or reproduced. Kindly
inform us by sending an email to press@marcusevanscy.com
About Medicaid Done Right
Founded in January, 2012, Medicaid Done Right (MDR) has unparalleled experience and success in the Institutional Care Plan-
Medicaid arena. Headquartered in Clearwater, Florida, Medicaid Done Right also operates in Indiana, Kentucky, Michigan, North
Carolina, Virginia and Wisconsin with plans seeded to expand Institutional Care Plan-Medicaid Services to other states.
Medicaid Done Right’s primary purpose is to assist nursing home residents and their families to obtain the care they need through
the application of Institutional Care Plan-Medicaid. Medicaid Done Right provides superior quality, more streamlined services, a
greater-depth of Institutional Care Plan-Medicaid knowledge, including ever-growing relationships with pertinent community
partners.
www.medicaiddoneright.com
About marcus evans Summits
marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings.
For more information, please visit: www.marcusevans.com
Upcoming Events
ACO & Payer Leadership Summit - http://acopayerleadership.marcusevans-summits.com
National Healthcare CFO Summit - www.nhcfosummit.com
National Healthcare CXO Summit - www.nhcxosummit.com
To view the web version of this interview, please click here: www.longtermcaresummit.com/AdamRothmanJohnAnderson

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The Value of Outsourcing Medicaid Applications - Adam Rothman & John Anderson

  • 1. Interview with: Adam Rothman, Managing Partner & John Anderson, Managing Partner, Medicaid Done Right “The most important thing you can do in a long-term care (LTC) organization, apart from giving care, is to get the money through the door. However, the people who are entrusted with that are often burdened with many other tasks that come with the job,” says Adam Rothman, Managing Partner, Medicaid Done Right. “Organizations with many facilities must really refine their system to execute the best possible scenario at all times. With the sheer amount of human resources and dedication needed for Medicaid applications, it would be more cost effective to outsource the process,” adds John Anderson, also a Managing Partner at the company. Medicaid Done Right is a solution provider at the marcus evans LTC & Senior Living CXO Summit Fall 2015 and LTC & Senior Living CXO Summit Fall 2016. Applying for Medicaid is often complex and costly. How could LTC and senior living facilities improve the process? Rothman - They could outsource the process to a company with the right infrastructure to handle it, so that their employees, who have to multi-task the process, have more time available. Also, forms have to be submitted on a timely basis and often they are not, which causes bad debt or write-offs. If facilities were able to meet the time constraints as has Medicaid Done Right, they would be more efficient. Faster and more accurate approvals lead to better cash flow, resulting in less bad debt. Why do some facilities not consider the outsourcing option? What are their unfounded concerns? Is this about losing control? Rothman - When it comes to their funds and billing, most of them want to keep control, which is not the most economi- cal solution. It might give them a sense of comfort, but it doesn’t pay the bills. Anderson - For nursing homes with multiple facilities, having one unified way of processing applications and one reporting system, leads to less confusion. When you are managing many facilities, improving cash flow can be a game changer. Every penny counts. How is outsourcing more economi- cal? Rothman - A typical application takes five to six hours. If you process six of those at five hours each, that is one employee’s 30-hour work load. If you gave 30 hours to a business manager in a facility, they could collect much more from other payer sources than the cost of outsourcing them to us. It would free up enough time for them to go out and solicit more. Is this more important in an environment of reduced reimburse- ment? Anderson - Cash is king. The faster you get their approval, the faster facilities get paid for their services. As the trend of consolidation continues in the healthcare industry, how will it impact how the application process is run? Rothman - Medicaid rules are getting more complex. There are now more restrictions than last year, the paper- work process is more involved and case workers have less access. This will only get worse. Facilities do not need to fight the battle internally. Improving cash flow can be a game changer The Value of Outsourcing Medicaid Applications
  • 2. The Healthcare Network - marcus evans group delivers peer-to-peer information on strategic matters, professional t r e n d s a n d b r e a k t h r o u g h innovations. Please note that the Summit is a closed business event and the number of participants strictly limited. For more information please send an email to press@marcusevanscy.com or visit the event website below: LTC & Senior Living CXO Summit Fall 2015: www.longtermcaresummit.com LTC & Senior Living CXO Summit Fall 2016: www.longtermcaresummit.com Contact Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to press@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About Medicaid Done Right Founded in January, 2012, Medicaid Done Right (MDR) has unparalleled experience and success in the Institutional Care Plan- Medicaid arena. Headquartered in Clearwater, Florida, Medicaid Done Right also operates in Indiana, Kentucky, Michigan, North Carolina, Virginia and Wisconsin with plans seeded to expand Institutional Care Plan-Medicaid Services to other states. Medicaid Done Right’s primary purpose is to assist nursing home residents and their families to obtain the care they need through the application of Institutional Care Plan-Medicaid. Medicaid Done Right provides superior quality, more streamlined services, a greater-depth of Institutional Care Plan-Medicaid knowledge, including ever-growing relationships with pertinent community partners. www.medicaiddoneright.com About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events ACO & Payer Leadership Summit - http://acopayerleadership.marcusevans-summits.com National Healthcare CFO Summit - www.nhcfosummit.com National Healthcare CXO Summit - www.nhcxosummit.com To view the web version of this interview, please click here: www.longtermcaresummit.com/AdamRothmanJohnAnderson