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Net Collection Rate: How to Improve Rates at Your Practice

Mar 22, 2024 2:18:52 PM / by Altruis posted in Net Collection Rate

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What’s your health center’s net collection rate? Prompt collections keep your practice thriving. Every payment or reimbursement helps cover your costs to ensure you can keep your doors open another day.

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How FQHCs Can Use Retroactive Medicaid to Grow Revenue

Mar 14, 2024 11:31:00 AM / by Altruis posted in Retroactive Medicaid, What is FQHC

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Organizations that care for Medicaid patients and the underserved often end up with substantial self-pay write-offs. After all, federally qualified health centers FQHCs and other safety-net organizations don’t turn anyone away. Their mission is to provide high-quality care to all, regardless of insurance status or ability to pay.

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FQHC Medicare Billing FAQs

Mar 11, 2024 2:29:04 PM / by Altruis posted in FQHC Billing, medicare wrap

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FQHC Medicare Billing FAQs

 

When it comes to billing, Medicare reimbursement is a vital revenue stream for most federally qualified health centers (FQHCs). Yet many centers are missing out on the additional revenue they’re owed for Medicare Advantage patients.

This is a growing concern for FQHC billing as an increasing number of patients are choosing Medicare Advantage plans. Over the years, most beneficiaries opted for traditional Medicare plans, but a growing percentage of patients are enrolling in Medicare Advantage plans instead.

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Revenue Cycle Solutions: Staff Augmentation vs. All-in-One Solution

Mar 11, 2024 2:20:24 PM / by Altruis posted in Revenue Cycle Solutions, Revenue Cycle Management Staffing

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Revenue Cycle Solutions Staff Augmentation vs. All-in-One Solution

Is your healthcare organization striving to become more financially stable this year? Are you concerned that your current staff can’t manage revenue-related tasks while keeping the focus on patient care? If so, it’s time to evaluate two main revenue cycle solutions: staff augmentation or hiring an all-in-one revenue management partner. Either could be the right solution, but it’s important to review the qualities of each before moving forward.

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FQHC Requirements: How Proper Billing Improves Your Bottom Line

Mar 7, 2024 1:56:11 PM / by Altruis posted in FQHC Requirements, FQHC Billing, Medical Billing Guidelines

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FQHC Requirements: How Proper Billing Improves Your Bottom Line

Are your associates fully up to date on the latest FQHC requirements? In the fast-paced world of healthcare, knowledge quickly goes stale and it’s a constant challenge to stay current.

The Health Resources and Services Administration (HRSA) has a long list of medical billing guidelines for FQHCs and other federally funded health centers. There are also strict FQHC requirements for Medicare, Medicaid, and other government payment sources.

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