Read the blog to understand a comprehensive guide on skilled nursing billing services and problems and how to overcome them. Read the blog to understand a comprehensive guide on skilled nursing billing services and problems and how to overcome them.

1. All You Want To Know About
Skilled Nursing Billing Services

2. All You Want To Know About
Skilled Nursing Billing Services
• Most skilled nursing facilities (SNF) face a double quandary because
first, they have to operate under increasing financial pressure, and
second, there is rising anxiety over staffing and infrastructure. Added
to the Balanced Budget Act of 1998 changes the way SNF
reimbursements are done.
• This article will give a comprehensive guide on SNF billing and
problems and how to overcome them.
https://www.247medicalbillingservices.com/

3. Challenges of Billing
with Skilled Nursing Facilities
The payment on a per diem basis, on the other hand, means CMS pays
a fixed amount to SNFs under Medicare A. In such a case, the SNFs pay
the providers of the contracted nursing services.
To get this payment, the SNF has to follow specific procedures:
• For getting paid, SNF has to claim the consolidated billing
for Prospective Payment Systems (PPS)
• Medicare A pays the SNFs on a per diem basis
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4. Other Problems faced by
Skilled Nursing Facilities in Billing
Some of the situations that lead to reimbursement for the services rendered
are:
• Applying incorrect codes for the services, which leads to claim rejection
• Staff lacking sufficient knowledge of the services covered by Medicare A
and B
• The nursing facility fails to accommodate or understand the cost borne for
the per diem or fixed payment. Since there is a range of elasticity in the
cost of services that fixed rates offer, services often fail to encompass that,
which results in loss of payment
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5. How To Make The Skilled
Nursing Facility Thrive?
• There is a rise in the aging population and the demand for skilled
nursing facilities. But many SNFs fail to prosper because of the above
challenges and problems. However, the best way to mitigate them is
by outsourcing the SNF billing services to a third-party organization
such as 24/7 Medical Billing Services.
• Over the years, 24/7 Medical Billing Services has helped nursing
facilities improve their revenue. The focus of 24/7 Medical Billing
Services has been to reduce claim rejections while helping nursing
facilities to build better services.
https://www.247medicalbillingservices.com/

6. About 24/7 Medical Billing Services:
24/7 Medical Billing Services is the nation’s leading medical billing service provider catering services
to more than 42 specialties across the entire 50 states. You can rely on us for end-to-end revenue
cycle management. We guarantee up to 10-20% increase in the revenue with cost reduction of your
practice for up to 50%.
Call us today at 888-502-0537 to know more on how we can help boost profitability for your
practice.
Media Contact:
24/7 Medical Billing Services,
Ohio:
28405 Osborn Road, Cleveland, OH 44140
Georgia:
3001 Greenfield Drive, Marietta GA 30068
Tel: + 1 -888-502-0537
Email - info@247medicalbillingservices.com
https://www.247medicalbillingservices.com/