Nursing facilities must prepare now for three imminent financial challenges:
- The Provider Relief Fund is emptied and will not be renewed.
- The Public Health Emergency (PHE) eventually will end leading to new Medicaid rate pressures. Providers should not assume PHE- related rates will continue.
- Medicare Advantage penetration rates are projected to increase by double digits in a majority of states.
As SNFs continue to struggle with sluggish occupancy and workforce challenges, ensuring that every dollar earned for care delivery is retained is imperative. A solid Revenue Cycle Management (RCM) function in your company and buildings is a solid building block for financial stability. AHCA’s RCM Academy provides a grounding in RCM and AHCA can help you understand your RCM options in terms of in-depth, ongoing support.
AHCA’s online training program titled
Revenue Cycle Management Academy takes a holistic interdisciplinary approach toward skilled nursing facility (SNF) revenue management. RCM Academy helps develop concrete strategies to secure earned dollars and to “stay paid.”
SNF business office managers and accountants should fully understand the differences among payors and how best to ensure payments from each. RCM Academy helps build that knowledge. AHCA also recommends that all SNF administrators, assistant administrators, DONs, ADONs, MDS coordinators, and admissions staff enroll in RCM Academy too for a team approach toward reimbursement. Flexible 2022 “AHCA Member-Only” pricing options for RCM Academy include:
- 1 Individual Registration with 6.75 NAB CEs $350
- 2+ Individuals (Same facility or corporate office) with 6.75 NAB CEs $300 per person Individuals should contact educate@ahca.org to request this group discount.
- Single AHCA Member Only Facility Registration with Unlimited 2022 Facility Staff Access (NO NAB CEs OFFERED) $1,000
Additional bonus RCM webinars are being offered throughout 2022 for all RCM Academy registrants.
Individuals will need to login to ahcancalED with their AHCA/NCAL usernames and passwords to register for Revenue Cycle Management Academy. For assistance obtaining usernames and passwords, members should e-mail educate@ahca.org with their name and facility contact information.