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McLean County health committee approves nursing home contracts to boost billing and managed-care reimbursement
Summary
The McLean County Board Health Committee on Feb. 3 approved a series of nursing home contracts — hospice services, a master services agreement for contract renegotiation, and billing/RCM engagements — and heard that staff turnover fell to 39% for the year.
The McLean County Board Health Committee approved multiple agreements on Feb. 3 intended to shore up revenue and billing at the county nursing facility, and heard that staff turnover hit 39% for the year.
Tim Wiley, nursing home administrator, asked the committee to approve a renewal hospice services agreement with Carl Hospice, a master services agreement with Symbiotic Partners, LLC to pursue contract renegotiations with managed-care organizations, and an engagement letter with Templin Healthcare Accounting Services LLP to assist with Medicare and Medicaid cost reports and institutional billing tied to the facility’s MatrixCare electronic health record. The committee also approved a MatrixCare revenue-cycle-management (RCM) services order form to outsource institutional billing.…
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