Many times, people in charge of the facility billings don't know the best way to train their staff. Usually, they use a manual process of training them on paper, which can be time-consuming and tedious. However, thanks to an automated billing program that takes care of all the tough work for them!
In order to deliver the highest level of care to their patients, skilled nursing facilities often use billing programs to ensure that providers are paid for the services they offer. Billing programs can also help skilled nursing facilities train staff and improve the patient experience. You can also hire consultancy for skilled nursing facilities billing solutions.
A skilled nursing facility's billing program should include the following components:
1. Provider Identification System (PIDS) – This system is used to identify the physicians, therapists, and other providers who provide services to residents in a facility. The PIDS should also include information about the type of service provided and the charges associated with it.
2. Accounts Receivable – This system tracks payments from third-party payers, such as Medicare and Medicaid, for the services provided by providers at the facility. The accounts receivable department should be able to identify which providers have been paid and how much money they have been paid for their services.
3. Payment Processing – The payment processing department should be able to process payments received from third-party payers and authorize payments to providers based on the information in the accounts receivable system.