Reducing your managed care agency aged deliverables is a significant problem for many organizations out there – reimbursements are one of the main ways for agencies like yours to obtain funds for further services for individuals with disabilities. But how can organizations reduce the time is takes for the funds to come in? Let’s look at a few methods.
The main reason that agencies don’t get their requested reimbursements on time is because the claims were not submitted correctly the first time. This means that there were mistakes made in the process that resulted in the rejection of the reimbursement requests. Read on for common mistakes.
The most common mistakes made when submitting reimbursement requests are:
To avoid making claim submission mistakes that result in the loss of or delay of valuable reimbursements, follow these guidelines:
You know how to bill for reimbursement from the state; however, when your agency under-serves or over-serves through employee hours, you need a tracking system that can prevent losses from your budget. Direct Care Innovations (DCI) software can prevent this, helping your agency serve its audience without losing valuable funds. Here are a few of the ways DCI’s software can help:
DCI can help your agency reduce its aged receivables and source funding quickly and without repeated work. Our business management platforms serve healthcare providers and government agencies in the Medicaid, Medicare, private insurance, and managed care markets. At DCI, we pride ourselves on being able to meet each customer’s unique needs for authorization management. We care for our customers because we have a shared mission of creating opportunities for and with people.
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