Hospice Billing Services

Are you a hospice provider struggling to submit accurate bills to payers? Are these challenges leading to frequent claims denials or delays? Look no further! Our HIPAA-compliant hospice billing services will streamline your coding and billing process and improve accuracy, increasing reimbursement rates for your practice.

24+

Years of Experience

13+

Industry Verticals

5000+

Experienced Professionals

StripHospice Billing Services

How We Streamline Hospice Billing For Your Practice

We have designed our services to help streamline billing processes for your hospice practice. We provide end-to-end billing solutions, from insurance verification to claims submission and electronic payments to collections follow-up. Our AAPC and AMA certified experts provide billing services that adhere to various payer guidelines and codebooks. Here is how we do it for you.

  • Integrate digital billing systems such as EHR, EMR, and EDI into the hospice-specific billing software to facilitate faster and accurate electronic claims processing.
  • Verify patient information (demographics, medical history) and insurance information (insurance coverage, eligibility, effective dates, expiration dates, and claim addresses) to prevent billing errors and reduce claims denials.
  • Verify pre-authorization needs and process the documentation accordingly stating the medical necessity of services to get prompt approval from insurance payers.
  • Assign specific billing codes for the hospice procedures offered to the patients (pain management, symptom management, emotional and spiritual support, assistance with activities of daily living (ADLs), end-of-life planning, caregiver support, medical equipment and supplies, and more.
  • Stay current with the E/M codes, modifiers, HCPCS Level II codes, ICD-10, and CPT codes such as routine home care - 99201 to 99499, continuous home care - 99324 to 99350, general inpatient care 99221 to 99239, etc.
  • Adhere to coding and regulatory guidelines while handling diverse billing models for hospice procedures, including Per Diem Billing, Capitated Payment, Fee-for-Service, value-based payment, and more.
  • Process clean claims and submit them to the respective insurance providers (Medicare, Medicaid, Veterans Administration (VA), Tricare, Long-term Care Insurance, and private insurance companies (Humana, Aetna, Anthem)).
  • Engage with payers to obtain EOBs and review them to understand reasons for denials. Resolve discrepancies and initiate appeals to gain maximum reimbursements.
  • Inform patients about their out-of-pocket expenses including copayments, deductibles, coinsurance and more.

Our Comprehensive Hospice Billing Outsourcing Services

  • Claims Submissions And Processing
  • Insurance Verification And Eligibility Checks
  • Payment Posting And Reconciliation
  • Electronic Claims Filing
  • Billing And Invoicing
  • Patient Statements And Collections
  • Hospice Medicare Billing Expertise

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Request a Free 30-minute Consultation With Our Hospice Billing Specialists Today!

During the consultation, some of the issues we can discuss are: 

  • Your current hospice billing procedures and the underlying challenges
  • The compatibility of hospice billing software with your existing technology infrastructure
  • How we comply with various billing regulations from HIPAA, AMA, and more
  • Measures we take to improve key performance indicators of billing and claims process.

Step-by-step process for Hospice Billing Services
Step-by-step process for Hospice Billing Services

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Why Choose Invensis as your Hospice Billing Company?

We are an established hospice billing service provider with over 24 years of experience providing hospice billing solutions. Over a span of 24 years, we have assisted clients, including hospice agencies, inpatient hospice facilities, nursing homes with hospice care, residential hospice facilities, home-based hospice care, and more. We bank on an experienced team of coders (CPC, CCS, CCA), billers (CPB), reimbursement specialists (CMRS), and compliance officers (CHC, CPCO), among others. Their expertise and dedication helped our clients achieve an approximate 98% clean claims rate (CCR), A/R days minimized to 45 days, about an 8% reduction in claims denials, and a nearly 98% clean claims submission rate. Our streamlined processes reduced claims denials by almost 95% net collection rate (NCR).

24

Years of
Experience

10+

Industry
Verticals

5000+

Experienced
Professionals

ISO: 9001:2015 Certified Company
ISO  27001:2013 Certified Company
HIPPA-Complience

24+

Years of Experience

35-40

Days in AR

98%

Clean Claim Rate (CCR)

<8%

Denial Benchmark

95%

Net Collection Rate (NCR)

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What Our Customers Say

We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.

Christina Sussex
Leading Healthcare Provider in France

Invensis has been our revenue cycle management healthcare outsourcing partner for the past 5 years. They have always delivered on their commitments, whether it is meeting our Service Level Agreement (SLA) or improving our billing process.

Christopher Middleton
Leading Healthcare Company in US

Invensis has been a great partner providing quality medical coding and billing services. The team is extremely responsive to every query we pose, and the turn-around time for deliverables is always as committed.

Chris Lauren
Leading Healthcare Company in US

What Our Customers Say

We are thrilled with the impeccable chiropractic billing services offered by Invensis. Their comprehensive knowledge of the industry, prompt claims processing, and meticulous attention to detail have immensely benefited our healthcare reimbursements. Highly commendable!

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John Davis
Leading Healthcare Company in the UK.

We are extremely pleased with the exceptional hospital billing services provided by Invensis. Their expertise and attention to detail in Medicare billing and compliance in medical billing have streamlined our revenue cycle and improved financial performance.

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Emily Johnson
Leading Hospital in the US.

Invensis has been an invaluable partner for our organization, providing exceptional ASC billing services. Their expertise and dedication have significantly improved our revenue cycle management. Highly recommended!

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Sarah Smith
Leading Healthcare Provider in Italy.

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Contact Information

You can reach us at:

Call us
+1 (302)-261-9036
sales@invensis.net
Locate Us
Invensis Inc. 2785 Rockbrook Dr STE 204 Lewisville, TX 75067

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