{"id":9,"date":"2018-03-21T22:06:59","date_gmt":"2018-03-21T22:06:59","guid":{"rendered":"https:\/\/advantagehcconsulting.com\/blog\/?p=9"},"modified":"2018-03-22T15:23:18","modified_gmt":"2018-03-22T15:23:18","slug":"this-healthcare-provider-stopped-doing-their-own-cost-reporting-and-got-their-highest-reimbursement-ever","status":"publish","type":"post","link":"https:\/\/advantagehcconsulting.com\/blog\/2018\/03\/21\/this-healthcare-provider-stopped-doing-their-own-cost-reporting-and-got-their-highest-reimbursement-ever\/","title":{"rendered":"This Healthcare Provider Stopped Doing Their Own Cost Reporting and Got Their Highest Reimbursement Ever!"},"content":{"rendered":"
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CareMeridian has been restoring hope to individuals with brain injuries, spinal cord damage, and other catastrophic injuries and medically complex illnesses for more than 25 years. With more than 30\u00a0subacu<\/a>te ca<\/a>re facilities<\/a>\u00a0throughout the western United States, CareMeridian offers and a distinctive service delivery model, CareMeridian definitely had the resources to staff an in-house team to handle their cost reporting and reimbursement functions.<\/p>\n<\/div>\n

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However, last year CareMeridian decided to make a shift that we\u2019re seeing with organizations of all sizes, to outsource their cost reporting to a specialized service provider. They selected Advantage Healthcare Consulting because they valued its history of exceptional performance and its track record of never having a client\u2019s cost report rejected or a payment put on hold. Here is the summary of the other benefits CareMeridian experienced through outsourcing their cost report to Advantage Healthcare Consulting:<\/p>\n<\/div>\n

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1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Fast\u00a0<\/span>\u2013 The whole reporting process from connecting with Advantage, transferring the information, and completing the necessary forms and signatures took about 1\/5th of the time required for even their most efficient report filings.<\/p>\n<\/div>\n

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2.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Accurate\u00a0<\/span>\u2013 Because of its specialized process, CareMeridian found that the level of detail and accuracy achieved by Advantage far exceeded their own team\u2019s ability and improved the timeliness of filing and reimbursement periods.<\/p>\n<\/div>\n

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3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Convenient\u00a0<\/span>\u2013 From the moment CareMeridian reached out to Advantage, they found that the personal-touch service took the stress off their team, collected the data efficiently, and worked around their team\u2019s busy schedules for a timely completion of all reports.<\/p>\n<\/div>\n

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4.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Affordable\u00a0<\/span>\u2013 CareMeridian\u2019s concern that the cost of outsourcing would make this option unavailable for the company was eased by Advantage\u2019s upfront-cost guarantee that your payment for the service is a known, all-inclusive flat fee fixed in advance and there are never any surprise costs or additional fees.<\/p>\n<\/div>\n

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Most of all, CareMeridian came to agree with so many other healthcare providers, that outsourcing works!\u00a0<\/span>While it may not be feasible to outsource many of the functions of an organization, it does make sense to outsource very specialized and difficult tasks such and cost reporting and reimbursement.<\/p>\n<\/div>\n

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If you\u2019d like to get more information on the possibility to outsource your cost reporting or reimbursement functions, get in contact with\u00a0Advantage Healthcare Consulting<\/a>\u00a0or reach out directly to Sandy McCleve at (626) 297-0094.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

CareMeridian has been restoring hope to individuals with brain injuries, spinal cord damage, and other catastrophic injuries and medically complex illnesses for more than 25 years. With more than 30\u00a0subacute … Continue Reading →<\/a><\/p>\n","protected":false},"author":1,"featured_media":10,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[4],"class_list":["post-9","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reimbursement","tag-outsource"],"_links":{"self":[{"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/9","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/comments?post=9"}],"version-history":[{"count":8,"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/9\/revisions"}],"predecessor-version":[{"id":45,"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/posts\/9\/revisions\/45"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/media\/10"}],"wp:attachment":[{"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/media?parent=9"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/categories?post=9"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advantagehcconsulting.com\/blog\/wp-json\/wp\/v2\/tags?post=9"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}