Home Health Billing Efficiently - Make Your Cash Flow
Make Your Cash Flow Three 7’s for Home Health Billing Success
Make Your Cash FlowThree Sevens in a Row In home health, true financial success has nothing to do with luck. The secret to hitting the jackpot starts with Good In-Take. Timely documentation and QA moves patients forward in your agencys workflow so you can stay on top of billing and maximize your cash flow. I stress the importance of accountability and timely completion of patient documentation to achieve financial success.
Make Your Cash FlowThree Sevens in a Row The key is using reports to monitor your agencys day-to-day operations and to gauge your overall performance. Kinnser offers multiple reports to assist home health agencies in this process. Today, we will identify the top three reports to track for your agencys financial success
Make Your Cash FlowOpen OASIS Report The Open OASIS Report drives your ability to bill Request for Anticipated Payments (RAPs). All other OASIS tasks affect the timeliness of your ability to bill the End of Episode (EOE). The reports loads alphabetically by patient last name, so click Scheduled at the top of the column to bring the oldest outstanding OASIS (all types) sorted to the top of this report. Guideline: pay particular attention to any OASIS over seven days past due (days past due = number in brackets).
Make Your Cash FlowOpen OASIS Report This report is found under the Report / Admin in Clinical Tasks
Make Your Cash FlowPast Due Visits Report (By Clinician) The Past Due Visits Report provides visual confirmation that your clinicians are documenting on a timely basis. Enables you to identify which clinicians are not getting work done on time. Anything in this report past seven days is a clear sign of documentation noncompliance.
Make Your Cash FlowPast Due Visits Report (By Clinician) The goal is a 48-hour turnaround for documentation. Displayed by Target Date, i.e., the intended date of task completion.. Guideline: the oldest outstanding task should be within seven days of the current date.
Make Your Cash FlowPast Due Visits Report (By Clinician) Past Due Visits by Target Date. Past due Visits by Clinicians.
Make Your Cash FlowCase Manager HotBox The CaseManager (CM) HotBox is a gauge of how current your agency handles daily QA of documentation. A document is not billable until it has been QAd and approved. The goal is a 48-hour turnaround for documentation. Everything in this report over seven days old is an indicator of a QA backlog.
Make Your Cash FlowCase Manager HotBox Report information is displayed by Date (oldest to most recent) by default. Guideline: the oldest outstanding task should be within seven days of the current date.
Make Your Cash FlowWhat to Do With the Data The guideline is consistent for all 3 of these reports – items that are aged greater than 7 days from current date…must be completed. The goal of the Open OASIS Report is to ensure that ALL OASIS Tasks are being completed timely and sequentially…DAILY. The goal of the Past Due Visits Report is to monitor your clinical staff for timely completion of their documentation…DAILY.
Make Your Cash FlowWhat to Do With the Data Everything in the CM HotBox report over seven days old is an indicator of a QA backlog When you get all three of these reports to come in line inside the current week (seven days or less), it is like having three 7s on a slot machine in Vegas. Open Oasis Report 7 , Past Due Visits 7 , CM Hotbox 7 = Cash flow.
Make Your Cash FlowWhat to Do With the Data $$ JACKPOT $$
Make Your Cash FlowThree Sevens in a Row Home Health Blog http://www.kinnser.com/blog/index.cfm/2010/3/22/Make-Your- Cash-Flow-with-Three-Sevens-in-a-Row
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