Momentum’s Billing Management provides you a complete solution to manage the complexities of billing, reimbursements, and collections for long-term care, CCRC’s and assisted living facilities. Real-time integration with the Momentum Healthware Electronic Health Record and Clinical Systems ensures that all RUGs and billing events are available instantly to your business office. A flexible rules engine automates the process on a patient-specific basis, reducing billing errors and rejected claims.
Momentum Billing Solution Features:
- Unlimited payers allowed per resident
- Third party coverage information and certification data
- Group registration available
- Retroactive census correction ability for transfers, discharges or discharge reversals
- Daily, monthly, annual, and to-date statistics by variety of parameters
- Administration of multiple operating facilities, featuring a centralized billing and collection facility that includes a common master resident index.
- Resident Detail Bills
- Streamlined payment and remittance advice entry
- Supports Electronic Remittance Advice processing (ANSI 835)
- Re-bill capabilities
- Multiple tax Ids within a single database
System Manager
- Role Based User Security
- Setup integration to GL package
- Setup electronic claim submissions to Medicare and Medicaid - submit electronically in the 837 format and also receive payments electronically in the 835 format.
- Any field in the system can be a “required field”
- Ability to change the naming nomenclature
Maintenance
- Ancillary item set up tracked down to the Revenue, HCPC and CPT Codes
- Payer Contracts and Reimbursement calculations. We support Medicare, Medicaid, Private, Commercial Insurance and variety of payer types. This section is the “brains” of the software. Payer setup includes pricing based on specific Room Rates, RUGs, or custom developed tiers. Our room rates can be set up based on accommodation type, level of care, resident status, bed certification, or resident occupancy. Payer contracts cover room and board as well as ancillary coverages
- Set up resident-specific room rates contracted with the resident
- Set up ancillary quantity limits
Resident Tracking
Resident Tracking is the central location for resident-specific information in the billing system. You can view resident rates, admissions information, and assessment results quickly and easily. Switch among multiple facilities, transfer residents among facilities, and suspend processes if a resident is discharged.
Ancillary Entry
Ancillary Entry enhances your control of ancillary items. Use batch processing to speed up entry, and assign recurring items to a residents account for automatic charging in each billing cycle. You can also make manual adjustments and post them against a resident account for easy corrections.
Billing
Billing takes easy-to-use Wizards to a new level. The Charge Wizard, Bill Wizard, and Month End Wizard simplify your billing processes. You can create charges across all facilities, automatically handle retroactive processes, and perform bill generation with invoice warehousing. The modules support an unlimited number of payers, and all popular billing forms.
Reporting
Momentum offers many reports that cover Aging Reports, Revenue Journals, Face Sheets, Census in Summary and Detail segmented by Payer and/or Resident, ADT Activity, Cash Reporting, GL Journal Entry in Detail or Summary. Each of these types of reports can be printed across all facilities, payers, resident, and resident types.
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Our goal is to increase our quality of care by saving time on administrative tasks and spending more time caring for residents. -Adam Prybyl, Royal Oaks IT Director Royal Oaks Retirement Community, Sun City, Arizona
With the regulatory, financial and social challenges of providing long-term care today, it takes exceptional tools to do the job well. I really can't imagine even trying to meet those challenges without Momentum. -Kate Kildahl, Systems Support & Development Specialist Augustana Care Services
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