Long-Term Care

What economic crisis? Increase revenue by billing for Part B supplies

Billing Alert for Long-Term Care, February 1, 2009

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No one is safe from the effects of the global economic crisis, but SNFs can minimize the financial effect of reduced government funding by establishing a profitable billing system for certain Medicare Part B supplies.

The current economic instability is wreaking havoc on many industries, and healthcare is no different. SNFs, the majority of which are already underfunded, struggle against shrinking budgets. Billing for Part B supplies is a great way to increase a facility’s revenue stream. “It is now more important than ever for facilities to utilize the Part B benefit,” says Karen Connor, director of business operations at Landmark Health Solutions in Haverhill, MA.

This is an excerpt from a member only article. To read the article in its entirety, please login or subscribe to Billing Alert for Long-Term Care.

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