Resources on the Brink
Revenue capture has always been a very nuanced, specialized and time-consuming task. Led by MDS and supported by cross-functional teams, the process for many SNFs includes daily or weekly UR meetings, manual chart reviews, post-MDS audits, triple-checks and much, much more. All of which are driven by people—administrative staff time, diligence and rigorous effort. Unfortunately, due to turnover, burnout, staff shortages and the added work of COVID-19, those resources and processes are being pushed to the brink in many SNF settings nationwide. MDS nurses and case managers are working the floor and wearing even more hats. As a result, corporate reimbursement specialists are covering open positions in multiple buildings, while a growing number of nurses (with and without experience) are being pulled from their post to fill MDS roles more than ever before. These growing challenges have created a tenuous environment for maintaining an adequate level of revenue integrity for operators.
Growing Reimbursement Complexity
This comes at a time when insurance complexity, across all payers, is at an all-time high. Each operator is navigating a multi-payer system unique to their region including Managed Care, traditional Medicare and Medicaid. On a county-by-county level, there are 30% more managed care plan options than there were two years ago. Traditional Medicare’s move to PDPM was a daunting task—even for the most seasoned MDS nurses and a bigger ramp-up for new ones. On top of that, state-based Medicaid programs, whether driven by a RUGs grouper, managed care or some other model, aren’t the easiest systems to pick up either.
With this multi-payer model, the list of administrative tasks remains long, and every item is equally important. There are different rules for Medicare, Managed Care, Case Mix, Quality Measures and OBRA/Care Planning that all must be followed and coordinated. There are more than seven different manuals [RAI Manual, Quality Measures Manual, Medicare Benefit Manual, Managed Medicare Benefit Manual, SNF QRP Manual, SNF VBP Manual, Five Star Manual] for MDS nurses to adhere to for instructions, interpretations and rules outside of the volumes of general LTC regulations. It’s not enough to simply have them laying around as reference manuals—real expertise is required to be able to act on them across situations.
Resource Limitations + Growing Insurance Complexity = Reimbursement Risk
Consider how this complexity, which is only growing, coupled with numerous manual tasks, burnout and turnover, creates revenue risk. Whether you acknowledge it or not, your reimbursement is at risk because manual tasks will always break down at one point or another as complexity and volume rises. Here are a few examples of the opportunity lost due to potential revenue leaks:
Given the complexity, required diligence and time-consuming nature of reimbursement, these missed opportunities may result from a myriad of things such as:
Helpful Tips
Considering your mix, incremental improvements can make a big impact. Here are a few things you can do today.
The takeaway here is that efficient revenue capture is more important today than ever before, especially given the immense financial pressure many SNFs are under. Without it, we can’t empower and financially support our passionate and amazing teams to keep them going and caring for the patients that need our help. Payment complexity and resource challenges may continue to intensify—and, more than ever, SNFs need the right workflows, tools, technology and support to navigate this ever changing landscape.
About Guest Columnist: Ryan Edgerly is the CEO and Founder of MedaSync Software. Medasync is the skilled nursing industry’s first proactive reimbursement software driven by AI, to help operators ensure revenue integrity across all payers—Medicare, Medicaid and Managed Care.
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