SNF CFOs/Administrators face daily challenges to the financial health of their skilled nursing facility (SNF): cost pressures, keeping track of payer changes, delayed or lost revenue. SNF revenue cycle management involves keeping on top of a lot of information, but too often things like SNF revenue reports and SNF cash flow projections are prepared manually, if at all, using a lot of staff time.
ABILITY recently surveyed CFOs from across the country to learn more about these and other challenges involved in SNF revenue cycle management. The CFOs also responded by describing some of the ways they are addressing those challenges. Learn how they’ve had success with:
- Avoiding high numbers for lost revenue
- Adding service capacity without adding staff
- Getting more accurate, more timely cash flow reports