COVID-19 continues to bring enormous changes to the home health care profession. On a daily basis, changes from CMS and other regulatory bodies are forcing non-acute healthcare providers to change the way they operate. This, in combination with changes in patient care demands and overall facility census, has a significant impact on billing practices and revenue cycles…it all leads to stress on your bottom line.
Now is the time to focus on patient care and the health of your employees. Without a steady stream of revenue coming in, your organization will not be able to function optimally and, if your revenue is reduced significantly for any period of time, the viability of your business will be in jeopardy. This is why effective cash flow management is now more critical than ever for non-acute healthcare providers, and why we have put together the COVID-19 Cash Flow Guide for Home Health Care Providers to help you understand the resources and best practices that can help you optimize your agency’s financial situation in the face of the coronavirus crisis. Please download it here.
Dominion Revenue Solutions is here to support your organization with strategies to improve your cash flow. We do it by accurately billing and expediting payments while simultaneously driving a more efficient revenue cycle. Please reach out to us if you have questions or need assistance.
