On February 14, 2025, the Centers for Medicare and Medicaid Services (CMS) stopped introducing the Hospice Special Focus Program (SFP) to conduct a more thorough assessment. This break is a necessary step to recognize that the program is not achieving its intended goals in its current format. The hospice community has long supported strong patient […]
Welcome back to our series tailored for home health and hospice care agency owners. Building on our previous discussion about value-based care and audit risks, this post delves into two crucial areas impacting your agency’s financial health: Compliance with Regulations and Accurate Coding. These topics are not merely operational—they are vital to your agency’s sustainability […]
Managing your in-house medical billing may be costing more than you realize, compromising your agency’s efficiency. Outsourcing to a provider like Precision Medical Billing can be a practical, effective, and cost-saving solution. Here are seven compelling reasons to consider: Outsourcing your hospice billing to Precision Medical Billing can streamline your operations, reduce costs, and enhance […]
Welcome to the first entry in our blog series focusing on overcoming billing challenges in home health and hospice care through collaboration with specialized billing companies. The healthcare landscape in 2024 is rapidly evolving, and two prominent challenges that agencies face are adapting to value-based care and reimbursement models, and mitigating audit risks. This series […]
In the complex landscape of healthcare, companies specializing in home health and hospice services often encounter unique challenges when it comes to managing their revenue cycle effectively. These challenges can impede their ability to deliver quality patient care and maintain financial stability. Fortunately, outsourcing to a professional medical billing company can provide effective solutions to […]
Insights from the Experts: Attracting and Retaining Healthcare Talent PMB conducted a webinar on March 27, 2023. We discussed the challenges in today’s healthcare industry, one of the most significant challenges is finding and retaining qualified medical professionals. The demand for medical professionals in the United States continues to grow, and there is a substantial […]
As of May 2023, several states have initiated Medicaid roll purges as part of their ongoing efforts to maintain program integrity and eligibility compliance. The following states are notable examples: Alabama, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, and Massachusetts. Each state has its own set of […]
Article Highlights *** For patients diagnosed with a terminal illness, the Medicare hospice benefit provides coverage that goes beyond what Medicare would normally cover in standard situations. For hospice agencies providing the care, the Medicare hospice benefit introduces a new set of billing and documentation challenges that must be closely monitored. The key is that […]