Trend Helping your Skilled Nursing Facility Billing Seamless

Last year the skilled nursing facility market was valued at $298.2 billion which is anticipated to reach up to $520.5 billion by the year, 2026, with a growth of CAGR of 9.8%. Today the growth of SNFs market can be due to various reasons like: The rise in the geriatric population, Increasing chronic diseases etc.

Being a facility that provides 24-hour-a-day care, it requires trained medical professionals providing specialized care mainly to seniors with severe illnesses as well as injuries. It is a high-quality care service at a much cost-effective rate, forming or rather creating a huge demand among investors.

However, with the present crisis situation, the skilled nursing facility had to face numerous challenges like performance and partnership difficulties as the lack the basic supplies and skilled staff (billers and coders) resulting in the trend of outsourcing of SNF billing.

Sunknowledge Services Inc: the best-skilled nursing home billing outsourcing solution:

Taking Keeping up with the present billing mandates and ever-changing billing regulations of Skilled Nursing Facility Billing which is one of the biggest challenges, Sunknowledge Services Inc today is one of the leading RCM solutions with a service charge of only $ 7 per hour or 2 % of the collections.

With a complete understanding of what is covered by Medicare A and what’s not which many billers and coders lack, our experts not only ensures a streamlined skilled nursing facility billing but also faster ROI than most of the other RCM solution. In fact today, we are known for our highest productivity metrics and collection rate across the US along with effective standardization communication.

Eliminating all your SNFs problem like higher operation cost, accuracy issues, reporting problems, Sunknowledge experts caters to all like:

· Aids to diminish extra cost and bring down your operational cost at 80%

· Maintaining a 99.9% accuracy rate, reducing the chances of errors and denial and resulting in a faster collection rate

· Ensures complete attention to every size or source

· Expertise in handling claims adjudication for major insurance plans further helps with the instant increase of collections by 90 % to 30 % within the first month

· And also Liability insurance coverage of $1/2 million from Geico / Hiscox for any errors of Omission and Commissions

Taking your complete pre and post SNFs responsibility, we today have more than 100s clientele with the best references from the industry across the US.

So if you are looking for a better skilled nursing home billing operation, get in touch with us, and see how we can improve your complete billing operation in no time.