Skilled Nursing Facility Billing Services

Optimize Your Practice Revenue & Billing Efficiency

Getting Started

Managing the financial aspects of a Skilled Nursing Facility (SNF) requires precision, compliance, and a deep understanding of the unique challenges in long-term care billing. Our medical billing services for Skilled Nursing Facilities are crafted to address these challenges, ensuring accurate claims, timely reimbursements, and reduced administrative workload. From handling Medicare and Medicaid intricacies to meeting compliance requirements, we empower nursing facilities to streamline their operations and focus on delivering high-quality patient care. Let us simplify your Skilled Nursing Facility billing services while maximizing your revenue potential.

Skilled Nursing Facility Billing Services

Maximizing claim efficiency and compliance for superior revenue management

Since the Balanced Budget Act of 1998, SNF billing has grown increasingly complex, especially with regulations like consolidated billing under the Prospective Payment System (PPS).


Key challenges include:

  • Medicare Coverage Complexity: Differentiating between Medicare Part A and Part B coverage often causes coding and claim submission errors.
  • Fixed Per Diem Payments: Medicare Part A reimburses on a per diem basis, which may not fully cover service costs, creating payment shortfalls.
  • Revenue Leakage: Inaccurate coding and misclassification of Medicare services result in claim denials and lost revenue.


Under the Prospective Payment System (PPS), Skilled Nursing Facilities (SNFs) receive a fixed daily payment from Medicare Part A intended to cover all patient services during their stay. With the implementation of consolidated billing, all services provided are bundled into a single reimbursement package.


Key billing requirements include:

  • Consolidated Billing Compliance: SNFs must submit all claims collectively as part of the consolidated billing process under PPS.
  • Accurate Service Identification: Correctly distinguishing which services fall under Medicare Part A versus Part B is essential for proper billing.
  • Balancing Fixed Payments and Actual Costs: The fixed per diem payment may not fully cover the varying levels of care and services required, potentially leading to gaps between reimbursement and costs.


We recognize that each Skilled Nursing Facility has distinct operational requirements. To accommodate these differences, Gedeihen Healthcare offers a range of flexible and scalable service models tailored to your facility’s needs.


Our service options include:

  • In-House Service Model: Facilities can recruit qualified billers and coders through Gedeihen Healthcare’s job portal to manage billing internally.
  • Outsourced Billing Model: For facilities without an in-house team, Gedeihen Healthcare provides comprehensive outsourced billing services, covering everything from insurance verification to post-submission follow-up.
  • Revenue Cycle Management (RCM) Consulting: Gedeihen Healthcare assists in identifying revenue leakage points, optimizing workflows, and recommending software enhancements or staff training to improve financial performance.


Partnering with a specialized Skilled Nursing Facility billing service offers numerous benefits that positively impact your revenue and reduce administrative workload.


Advantages of outsourcing include:

  • Reduced Claim Rejection Rates: Expert billers ensure accurate claim processing, minimizing rejections and accelerating reimbursements.
  • Improved Revenue Cycle Efficiency: Optimized billing workflows enable timely and efficient claim handling.
  • Compliance Assurance: Billing processes are maintained in full compliance with Medicare and Medicaid regulations, lowering the risk of penalties.


Mastering Every Code for Skilled Nursing Facility Specialty

Our expertise spans the full code range, ensuring precision and compliance in every claim we process

Evaluation and Management (E&M) Codes

99304

Initial care (low complexity)

99305

Initial care (moderate complexity)

99306

Initial care (high complexity)

Rehabilitation Therapy Codes

97161

PT evaluation (low complexity)

97162

PT evaluation (moderate complexity)

97163

PT evaluation (high complexity)

Wound Care Codes

97597

Wound debridement

97598

Tissue removal

97602

Wound care and dressing

Up to

27%

More cash collected

Up to

23%

Outstanding A/R collection

Up to

29%

Patient collections

Up to

$80 M

Charges billed last year

Medical Billing At A Glance

Explore key figures that highlight our commitment to seamless coding and optimized reimbursement.

Claims Processing Metrics

96%

First Pass Resolution Rate

Percentage of claims paid on the first submission.

23-40 Days

Average Days to Payment

Average number of days it takes for claims to be paid.

First-Pass Claim Acceptance Rate (FAR):

We consistently maintain a >96% first-pass acceptance rate, reducing delays and ensuring faster reimbursements.

Days in Accounts Receivable (AR):

Our optimized workflows help keep AR days well below the industry benchmark, improving cash flow predictability.

Clean Claim Rate:

With robust coding accuracy and claim scrubbing tools, we achieve a clean claim rate of over 95%, minimizing rework and denials.

Financial Metrics

90%

Net Collection Rate

Percentage of total charges that are collected.

30 Days

Average Denial Resolution Time

Average number of days taken to fix and resolve a denied claim.

Operational Metrics

94%

Average Claims Submitted Per Month

Volume of claims submitted.

97%

Volume of claims submitted.

Claims processed per biller per day.

Aged A/R Clearance Rate:

Measures the percentage of aged receivables (especially over 90days or above)

Reflects the effectiveness of backlog reduction efforts.

A faster resolution time means improved collections and cleaner aging reports

Unbilled Claims Backlog:

Goal: Minimal backlog—claims should be submitted within 24–48 hours of service. Impact: Directly affects cash flow and delays reimbursement.

Denial Resolution Rate:

Tracks the number of denied claims that were appealed, corrected, and successfully reimbursed. Benchmark: 63–79% resolution rate. Denial management efficiency and recoverable revenue.

Reach Us

Address

3/1159, water tank road, choolaima nagar, Thoraipakkam, Chennai - 600097.

© 2023 Gedeihen Healthcare.