<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=209517142775807&amp;ev=PageView&amp;noscript=1"> Richter ShareSource Blog

Richter ShareSource Blog

Payroll-Based Journal (PBJ) Basics and Answers to Frequent Questions

Posted by Sandra Reutter, Senior Consultant on Nov 25, 2016 6:00:00 AM

The time has now arrived for providers to submit their
Payroll-Based Journal (PBJ) staffing and census data.

Read More

Topics: Accounting, Financial Consulting

Revenue Cycle Management touchpoints for the LTPAC Administrator

In the Long Term Post-Acute Care (LTPAC) provider community, Administrators hold the ultimate accountability for the operations of their organization. Of course, their focus is always on the delivery of quality care. Many Administrators I know have a clinical background of some sort – the better for understanding and managing a holistic approach to patient care.  But at the same time, they must also focus on efficiencies and fiscal management – as a part of this, Administrators have to regularly review Accounts Receivable (AR). A simple set of touchpoints can help the Administrator keep up to date and ensure that the financial operations are doing well.

Read More

Topics: Revenue Cycle Management

Operational Best Practices for Home Health Providers

Posted by Donna Berry, Revenue Cycle Manager-Home Health and Hospice on Nov 18, 2016 9:49:40 AM

The last quarter of the year presents an ideal opportunity to review several key operational areas for your Home Health agency in preparation for a new year ahead. As you begin the planning for the year ahead, take the time to review some of the following:

Read More

Topics: Home Health & Hospice

Understanding Capitated Care and Using It Effectively

capitation: a payment method for health care services. The physician, hospital, or other health care provider is paid a contracted rate for each member assigned, referred to as “per-member-per-month” rate, regardless of the number of nature of services provided.

I’m not sure about you, but I never had plans to get old.  I still rock out to The Who singing “My Generation…hope I die before I get old.”  I’m a part of the generation that decided that 40 is the new 30, and then 50 is the new 40.  Next year I will plant my feet firmly on age 60, and will hope that it’s the new 50!  As much as we may try to stay young, the truth is that we can’t stop the clock, and time does march on, and those of us in the Baby Boomer generation (born Post-World War II between 1946 – 1964) are sliding head-first into retirement.

Read More

Topics: Financial Consulting

Using PointClickCare to Boost LTPAC Efficiency

Long before our “partnership” with PointClickCare®  was formalized, we at Richter Healthcare Consultants were both a client, and end users of PointClickCare on behalf of our mutual clientele. PointClickCare burst onto the scene in our area in the early 2000’s and we very quickly identified the benefits of the web-based application for our clients. Over the next few years, as we continued to assist Long Term Post-Acute Care (LTPAC) providers with the adoption of the PointClickCare software, we regularly communicated with the folks in support and account management on behalf of our clients. In 2008, we turned this de facto partnership into the real thing.  Since then, we have successfully implemented PointClickCare in well over 1000 facilities. At first, we were focused on financial (Admin) and GL/AP implementation, but 5 years ago we added clinical staff to fully round out our services to clients. Our clinicians come to us with years of experience in LTPAC, having been MDS Coordinators, Directors of Nursing and Staff Development, and Home Care Coordinators.  They are the best at what they do – and we are lucky to have them on our team.

Read More

Topics: Implementation, PointClickCare

Healthcare Technology Trends in Long Term Post-Acute Care (LTPAC)

Today’s healthcare technology is moving forward at light speed. The new hardware/software of yesterday is being outshined by the latest and greatest in new medical devices and treatments. There is an assortment of new and exciting products available for the LTPAC setting. I have chosen some of my favorites in remote patient monitoring, resident tracking devices, telemedicine

Read More

Topics: News & Events

Activities of Daily Living (ADL) Documentation - Tips & Best Practices

Posted by Jacklyn Brown, RN on Nov 4, 2016 10:06:09 AM

All levels of Long Term Post-Acute Care (LTPAC), including Skilled Nursing Facilities (SNF), Senior Living communities, Home Care, etc. must be able to substantiate they are providing the care required by their patients.  Way back when I was a nursing assistant there was a constant chorus of “if it’s not documented, it was not done” and then in nursing school and while working as a nurse the chorus became even louder.  

Read More

Topics: Clinical Consulting, Implementation

Managing Petty Cash Accounts for Senior Living Communities - Best Practices

Posted by Liz Lane, CPA and Jillian Lybarger on Nov 3, 2016 9:34:37 AM

The Management of Petty Cash in a nursing facility or assisted living residence is often assigned to the front desk receptionist, Activity Department Head or Business Office Manager.  Petty cash is essentially a small amount of money used for expenditures where it is not necessary to utilize a check. Expenditures in a senior living community may be for items such as activity Department supplies (such as the monthly birthday cake for a resident party), a quick trip to the grocery store, gas for the facility bus, maintenance supplies that could not be ordered in advance, etc.

Read More

Topics: Accounting, Financial Consulting

Paying it Forward - Richter Engagement in the Community

Posted by Carolyn Lookabill V.P./COO on Nov 1, 2016 8:00:00 AM

The foundation of a respected consulting firm like
Richter Healthcare Consultants goes beyond our service lines and processes. We also provide a foundation of responsiveness and responsibility. This is true not just in our actions on behalf of clients but also in our actions on behalf of our community, both near and far.  

Read More

Topics: News & Events

Subscribe to Our Blog