With seniors expected to outnumber children by 2030, the need for hospice and palliative care is increasing every day. In addition to the increasing demand on the healthcare system, stricter and more complex federal regulations make it more and more difficult for providers to maintain compliance, bill accurately, and receive maximum reimbursement for services provided. And just to add more pressure, extensive documentation is vital to ensure safety in case of an audit. We are sharing with you three mistakes to avoid when billing for palliative care in this blog.
Due to the complexity, billing for palliative care often becomes a missed opportunity – one that could make the difference between a thriving organization or one that struggles under unnecessary financial stress. Obstacles abound that can prevent successful filing and reimbursement of palliative care claims. In many ways, billing for palliative care is just as complex as providing the care itself. Factors such as the diagnosis, the type of specialist the patient is seeing, the location where the services are provided, and even the amount of time required all impact billing.