Residential Care
An ideal solution for residential care agencies that provide Medicaid reimbursed services and are submitting claims via HCFA 1500 or clearinghouses.
Selected
by many of New Jersey's residential homes for teens, because of it's ease of use
and comprehensive functionality, this software package that has all the features
needed to easily prepare, submit claims and track their payment. From original
claims to resubmits and adjustments HALO's Electronic Medicaid Billing does it
all.
You may record all services provided to all clients. You can only
bill Medicaid BUT you can get the reporting you need to bill your non-medicaid
services PLUS many of the reports needed to manage your business.
Features
- Record and report on client attendance
- Supports entry and reporting of both Medicaid and non-medicaid services
- Once all services are entered, you can create compliant 1500 professional claim files within minutes
- Supports claim adjustments and voids
- Full Accounts Receivable Tracking functionality
- Import and process of Electronic Remittance Advices (optional)
- Invoicing non-Medicaid payers (optional)
Benefits
- Reduced claim submission efforts
- Improved cash flow
- Eliminate clearinghouse charges
- Improved control on receivables
- Improved control on denials
Costs
Medicaid Electronic Billing quickly pays itself with reduced costs and since it is a one-time charge it dramatically limits the increase of operational costs that are typically experienced as your business expands.
This one time cost is usually offset by the one-time cash flow improvement and, in most cases, is paid back by reduced costs of claim submission and elimination of clearinghouse charges.
Overview
Client - Client information is entered or updated as needed. Certain information is required for claim submission e.g. name, address, Medicaid ID, gender, date of birth, payer, prior authorizations, etc. All information is entered once and reused each time you submit a claim for services and is available for analytical reporting.
Services Plan - To reduce the clerical efforts required to record services, the general attendance plan is stored, e.g. the date the client moved into the residence and the services he or she will receive such as "Room and Board and Therapeutic Services".
Service Verification - A easy-to-use verification screen allows you to verify that the expected services were provided by a simple mouse click
Medicaid
Billing - The process requires only a few steps. This simple-to-use process
involves a quick review of the completeness and accuracy of service information.
A "Check for Data Problems" feature assures that the information required
for Medicaid exists and complies with Medicaid rules. Once the data is accurate
a simple click of a few buttons results in the creation of the claims file which
is ready for transmission to Medicaid. In addition:
A billing report
is displayed for printing
Accounts Receivable records are created
General Ledger transactions are created for later printing and posting
to your Financial Reporting system
Accounts Receivables may be tracked within HALO. The function includes the typical features of most Accounts Receivable packages including: Cash Receipts and Aging Reports, Credit Memos and revenue write-off.
Rates, Procedure Codes, etc. - This information is pre-loaded in HALO. You have the ability to add new payer programs and update rates as they change. It is not necessary to be concerned with entering the proper rate and procedure information when you bill. HALO uses this stored information to automatically determine the coding needed for each billed service.
Reports
Several types of reports are available. Among them are: Open Receivable, Invoiced
Claims, Client lists, Referral reporting, and
Attendance reporting by client
and payer.
Additionally, with minimal training and, if needed with assistance from our support staff, you can create your own customized reporting to meet any unique needs.