Aquina Blog

One of the biggest challenges facing every healthcare business owners is improving their payments on outstanding claims to government and insurance payers.  Whether it is Medicare or Medicaid or a private insurer, claims can take weeks or even months to process.  Even small errors in submission can lead to longer delays.  Fortunately there are a number of key strategies that can improve your experience and speed up your payments.

Medical small business owners are plagued by slow payment from insurance companies and government payers.  Delays in processing claims can reach weeks or even months in today's healthcare environment.  Even when a provider reaches the last phase of the process and receives the Explanations of Benefits (EOB) advice form, also known as 835 form, it still often takes 1-3 business days before the cash appears in your bank account.

Provider Web Capital recently conducted a survey of healthcare small business owners on their views of the upcoming election.  Business owners in the medical field are certainly focused on politics as the response rate from our customer base was high.  The survey asked respondents how much impact they expected to see on their business from the election.  It also asked what these business owners would like to see happen to the Affordable Care Act (the "ACA") and who they thought would win the Presidential election.

Please click play below to hear from one of our customers.  The speaker is the CFO of a mental health group in Maryland.  His business was founded over 15 years ago, and the team assists troubled teens with a focus on the family unit.  

Fortune Magazine recently wrote on Square Capital's partnership with Upserve, "a startup that offers software and its own point of sale service to help restaurants."  Through this partnership, "Upserve will provide anonymous sales and cashflow data to Square," and Square will "analyze this data to see which restaurants qualify for loans. Eligible Upserve customers will receive personalized loan offers directly within the Upserve software."  Fortune reports that customers accepting the offer can be funded within 24 hours.

For healthcare companies, cash flow issues can cause major headaches.

We are pleased to announce that Jack Daly, Provider Web Capital’s Chief Revenue Officer, was selected to be a contributing columnist for HomeCare magazine. With nearly four decades of publications under its belt, HomeCare magazine has established itself as a place where home health business owners go not only for industry news but for industry-leading content that is focused solely on helping business owners succeed.  When HomeCare magazine invited us to spotlight our unique financial expertise for small healthcare businesses to its 20,000 + monthly subscribers, Mr. Daly was more than happy to oblige!

Healthcare Originations Flourish & Senior Vice President of Strategic Partners Joins the Team

Most home health providers are well aware that quality reporting measures will be required to be submitted starting January 1, 2017 as part of the Medicare Post-Acute Care Transformation Act (IMPACT). Previously performance quality has been a fragmented process using a variety of reporting methods which themselves have varying scoring methodologies making it difficult for patients to compare care providers. In preparation of the IMPACT Act, a panel of home health professionals reviewed the current star rating system and recommended changes that align with value-based care guidelines and standardize scoring and reporting.

A Remit ATM Case Study #3: New Contracts Lead to Increased Care and the Need for Capital