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Requirements For SNF Consolidated Billing (CB)

Do you know about the requirements for SNF Consolidated Billing (CB)?We will take care of consolidate billing for skilled nursing facilities.<br>https://www.247medicalbillingservices.com/blog/requirements-for-snf-consolidated-billing-cb/<br>#snf,#snfbilling,#snfconsolidatebilling<br>

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Requirements For SNF Consolidated Billing (CB)

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  1. Requirements For SNF Consolidated Billing (CB) HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

  2. Skilled Nursing Facility (SNF) differs from nursing homes, so their services are also different. Many confuse the two, but nursing homes can have experienced nurses who do not require professional care like SNFs, which marks the difference between the two. In most cases, the care provided by SNF is by occupational therapists, physical therapists, speech-language pathologists, and common and licensed practical nurses. Though the list is not exclusive, patients in SNFs that are part of the Medicare practice can be admitted to skilled nursing residents in several cases. Thereby, the billing process resulted in problems that were eventually rectified with the SNF consolidated billing (CB). Requirements For SNF Consolidated Billing (CB) HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

  3. The confusion between nursing homes and SNF often results in claim rejection and denials. In the Balanced Budget Act of 1997, Congress mandated that most nursing services be provided under the SNF in the potential payment bundle. The bundle was to be paid through Part A of MAC (Medicare Administrative Contractor). Hence, the SNF can furnish services covered in Part A in the consolidated billing (CB). In fact, it can be done by using the resources of the SNF directly, transfer agreement with the SNF, or with a particular therapist as agreed by the SNF. •           There could be duplication of bills when both SNF and the supplier billed for the same services •           Beneficiaries often incurred the out-out-pocket liability for the deductible of Part B despite the supplier billing the insurer for that. •           The residents’ quality of care was adversely affected when different outside care suppliers were brought into the program. SNF Billing Issues HTTPS://WWW.24MEDICALBILLINGSERVICES.COM/

  4. The Balanced Budget Act of 1997 (BBA), Public Law 105-33, Section 4432(b), was enacted by Congress, and it required the SNF to undertake Consolidated Billing (CB). Under this enactment, the SNF had to submit the claims provided to the residents to Medicare. The only services that could be exempted were the ones that were not listed. CB ensures no duplication of the billing while meeting the responsibilities it has towards the patients. But there are certain exceptions, which are excluded from the CB. Hence the billing can be done separately. However, many facilities and their admin staff find managing the SNF consolidated billing process challenging. It often leads to revenue loss and, worst case scenario, getting investigated by the authorities and fined for wrong billing and coding. All these problems can be quickly resolved with the help of an expert partner like 24/7 Medical Billing Services. Requirements for Consolidated Billing For SNF HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

  5. The experts of 24/7 Medical Billing Services in SNF consolidated billing are equipped with the latest guidelines and knowledge of the CB in Skilled Nursing Facilities. They also have the necessary EHR software to manage SNF consolidated billing. The EHR software can process high-volume data, including coverage of the residents and the payer plans. Apart from such software, the trained staff understands the importance of proper coding, which is required in Consolidate Billing for skilled nursing facilities. Hence by working with the experts, any SNF can get the best-streamlined billing and coding process. It eventually ensures every bill is claimed on time, no delays in A/R, and no claim denials, rejections, and issues with reimbursement of the services. In the long run, the admin can put in place a better revenue management cycle for the SNF by adhering to the CB guidelines and warranting a better ROI for the facility. Why Outsource SNF Billing and Coding? HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

  6. We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. About Us HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

  7. Media Contact: 24/7 Medical Billing Services Georgia 3001 Greenfield Drive, Marietta GA 30068 Ohio 28405 Osborn Road, Cleveland, OH 44140 Texas 2028 E Ben White Blvd, #240-1030 Austin TX, 78741 Delaware 16192 Coastal Highway, Lewes, Delaware 19958, United States Phone no / Fax : +1 888-502-0537 Email us: info@247medicalbillingservices.com Contact Us HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

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