Fast-Track Medicaid Payments

Our Revenue Cycle Management (RCM) service ensures error-free Medicaid billing for home care agencies. With expert navigation of ever-changing billing protocols, we expedite complex billing processes to help you get paid faster while minimizing costly mistakes.

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CareTime Medicaid CERTIFIED

We’ve been mastering Medicaid billing for years, so you can count on our expertise and experience to get it right!

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Key Benefits

CareTime-Icons_485-1Simplifies Medicaid billing, eliminating bottlenecks and manual errors.

CareTime-Icons_406Ensures compliance, staying ahead of regulatory changes.

CareTime-Icons_351Minimizes time spent fixing claims and chasing payments.

CareTime-Icons_479-1Reduces costly delays and errors that lead to missed payments.

CareTime-Icons_352Provides ongoing expert support for all billing challenges.

REVENUE CYCLE MANAGEMENT

How the Process Works

Partner with industry experts who meticulously review payer guidelines and state laws for accurate, compliant billing.

 

Employee Timecards

Agency corrects & approves employee timecards in CareTime. This ensures that all time and attendance records are accurate before they are processed for billing.

CareTime Team Takes Over

Our team steps in to manage the billing process, ensuring all approved timecards are prepared for claims submission.

Claims Submission

Claims are filtered through a clearinghouse and
submitted to the correct payers. This step includes verifying that all necessary information is included and formatted correctly for each payer.

caretime handles Issue Resolution

If any claims come back unpaid, our team dissects the data to identify the necessary steps for resolution. This proactive approach minimizes delays and ensures quick turnaround.

caretime assists with
Accurate Reconciliation

Each individual payer portal is logged into by the CareTime team to ensure accurate reconciliation. This ensures that all payments are correctly applied and accounted for.

caretime creates
Agency Reporting

Agencies are provided with claims-based data via frequently updated reports. These reports are easy to understand and summarize the status of your claims and payments.

Claims Lifecycle

The claims lifecycle ends once the maximum payment is received. This comprehensive management ensures that your agency receives the full reimbursement it is entitled to.

Partner with CareTime to optimize your billing & maximize your revenue.

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Frequently Asked Questions

Revenue Cycle Management (RCM) is a service that optimizes the billing process, ensuring your agency maximizes reimbursement for every visit. It involves consulting, claims management, and payment tracking to improve financial outcomes.

CareTime’s RCM service integrates with our platform to simplify and automate billing, reduce administrative workload, and increase revenue. Our experts handle claims from submission to payment, providing real-time reports and proactive issue resolution.

We partner with your agency to set up effective claims formatting, ensuring all necessary information is included and properly formatted. This reduces the likelihood of errors and increases the success rate of first-time submissions to 98% or higher.

Agencies receive real-time, actionable reports that summarize the status of claims and payments. These reports help you understand your claims process, identify issues, and maximize revenue.

  1. Employee Timecards: Your agency corrects and approves employee timecards in CareTime.
  2. Billing Team: CareTime’s billing team takes over the claims process.
  3. Claims Submission: Claims are filtered through a clearinghouse and submitted to the correct payers.
  4. Issue Resolution: Unpaid claims are dissected for necessary steps and resubmitted as needed.
  5. Reconciliation: Our team ensures accurate reconciliation through individual payer portals.
  6. Reporting: Your agency receives updated reports on claims-based data
  7. .Claims Lifecycle: The process continues until maximum payment is received.

Our integrated platform eliminates the need for double data entry, and our experts handle the entire billing process, allowing your staff to focus on other important tasks.

CareTime combines industry expertise, proactive issue resolution, and seamless integration with our platform to provide a comprehensive RCM service. We offer real-time reporting, end-to-end claims management, and personalized support to maximize your revenue.

By partnering with CareTime, you can reduce the backlog caused by short staffing and high turnover. Our team handles the billing process, ensuring timely claims submission and payment.

Contact us to schedule a consultation. We’ll discuss your agency’s needs and develop a customized plan to optimize your billing and maximize your revenue.

Revenue Cycle Management (RCM) is a service that optimizes the billing process, ensuring your agency maximizes reimbursement for every visit. It involves consulting, claims management, and payment tracking to improve financial outcomes.