Boost Your Practice’s Revenue with Expert Geriatrics Billing Services
Geriatric medical billing and coding come with their own set of challenges. With insurance expansions, shifting reimbursement policies, and changes in care delivery, the process has become increasingly complex. At Pulse Medix, we understand these hurdles and provide timely, affordable solutions to help healthcare facilities handle these complexities and secure maximum reimbursement.
Our services are available to a diverse range of providers, including clinics, individual doctors, hospitals, physician groups, multi-specialty practices, home-based care providers, acute care facilities, long-term care facilities, skilled nursing homes, diagnostic centers, rehabilitation facilities, and assisted living communities.
Boost Your Practice’s Revenue with Expert Geriatrics Billing Services
Comprehensive Billing and Coding
Claims Submission and Follow-Up
Insurance Verification and Authorization
Denial Management and Appeals
Reimbursement
Optimization
Patient Billing and Collections
Regulatory Compliance
Customized Reporting and Analytics
Audit
Support
Consultation and Training
Is Your Geriatric Practice Facing the Following Challenges?
Complex Patient Profiles
Older patients often have several long-term health issues.
Accurately coding and billing for these complex conditions can be difficult.
Cognitive Impairment
Patients with dementia or Alzheimer’s may have trouble providing necessary information.
This can create additional challenges for billing purposes.
Coding and Reimbursement Challenges
Geriatric care often involves procedures and services that have specific coding requirements.
Staying updated on these codes is essential but time-consuming.
Low Reimbursement Rates
Many geriatric services, like home visits and care coordination, have lower reimbursement rates.
This can impact the financial viability of geriatric practices.
Bundling
Medicare often groups services together, leading to lower overall payments.
This can result in reduced reimbursement for comprehensive geriatric care.
Documentation and Time Management
Geriatric care requires extensive documentation to justify the level of service provided.
This can be time-consuming for already busy medical staff.
Time-Consuming Appointments
Geriatric visits often take longer due to the complexity of patients’ health conditions.
This impacts scheduling and billing efficiency.
Insurance and Patient Financial Issues
Many elderly patients have multiple insurance plans.
This makes it difficult to determine primary and secondary payers.
High Deductibles and Co-pays
Older patients often face financial challenges due to high healthcare costs.
This can lead to delayed or unpaid bills.
Why Should You Outsource Your Geriatrics Billing Services to Pulse Medix?
-
Increase your cash flow by streamlining billing for Medicare, Medicaid, and supplemental insurances. These are common in geriatric care and can help reduce payment delays. -
Increase your cash flow bavy streamlining billing for Medicare, Medicaid, and supplemental insurances. These are common in geriatric care and can help reduce payment delays. -
Receive detailed, geriatric-specific reports and analytics. These insights help you understand your billing performance and make informed financial decisions. -
Adapt to the growing needs of geriatric care with scalable billing services. We handle the increasing complexity and volume of services required by an aging population. -
Optimize reimbursements for geriatric services by accurately billing for all provided care. This includes preventive services, chronic care management, and end-of-life care.
Boost Your Practice Revenue by Up to 30% with Pulse Medix
Our geriatric billing services are tailored to simplify your revenue cycle, minimize claim denials, and help you get the maximum reimbursement possible.