Hospice Revenue Cycle: Managing New Cash Flow Complexities

Hospice regulatory requirements continue to increase in complexity, particularly as the hospice Medicare payment model continues to evolve. Substantial Medicare changes occurred in 2016 and more changes are expected. These changes present continued risks to providers as the Medicare Hospice Benefit continues to receive heightened scrutiny from CMS and program integrity contractors. Concurrently, many state Medicaid programs continue to transition to managed care models. These constant changes present continued threats to cash flow and heighten regulatory risks making it critical for providers to conduct a thorough periodic assessment to ensure such threats are adequately mitigated. This session will focus on assessing typical compliance and process weaknesses, offer strategies for optimizing the revenue cycle, and provide industry revenue cycle performance benchmarks.