How to Improve your Revenue Cycle Management with PointClickCare
“As skilled nursing facilities have endured sky-high operating costs during the COVID-19 pandemic due to PPE costs and the need to allocate more nurses per patient, it’s more critical than ever to ensure they are not leaving money on the table.”Kathleen Harris, General Manager, PointClickCare.
The pandemic has impacted skilled nursing facilities in many ways. Staff have been overworked, residents isolated, and revenue has dropped. As we continue to help our customers navigate these challenges, we want to provide them with peace of mind when it comes to their revenue.
What is RCMS
The PointClickCare Revenue Cycle Management solution (RCMS) was designed to help our customers improve outcomes, profitability, and eliminate risk through a contingency-based model. Its main goal is to provide customers with more predictable cash flow and lower cost to collect. How does it do that? Simply put, by ensuring you are paid accurately and in a timely manner for the services you provide, your bottom line improves.
This solution can help providers in many ways, but there are 3 key areas that can transform your business.
- Increased Revenue Collections
Our team brings the knowledge and tools to ensure every dollar due is collected. By leveraging our experience in collecting from difficult payers and reimbursement programs, we can appropriately resolve outstanding A/R and accelerate cash flow. And what’s truly incredible is you get to see the results before you pay for it. That’s right, since the design of the solution is all about ensuring your payment, PointClickCare only gets paid when you do.
- Eliminate Cash Flow Bottlenecks
Increase cash flow with enhancements to resident registration and payments by implementing fixes for root cause of claims denials and payment irregularities. Our services are enhanced by a comprehensive engine analyzing data by payer, facility, state, and region. Then we benchmark the results and pinpoint problem areas to provide recommendations. We’ll take care of the administrative work, so you can focus on resident care.
- Access to Deep Revenue Cycle Knowledge
With our team of experts by your side, you’ll never have to worry items are falling through the cracks. Our team of experts are singularly focused on leveraging best practices and payer knowledge to drive the results you need to reach your financial goals.
Giving you time back
With all its features, this is a powerful solution for your SNF, but the most valuable benefit it provides is time. Our team of representatives hold years of experience resolving accounts with the most difficult payers and reimbursement programs. This means they are equipped to tackle this challenge, freeing up your staff to do what they do best, provide quality care to your residents.
July 6, 2021