New York – June 3, 2015 – HHAeXchange and BillingandCollections.com announced today that they have formed a strategic alliance partnership. HHAeXchange solutions include industry leading enterprise management software for Home Care Providers, and Payer Management Solutions for Managed Care Organizations (MCOs). BillingandCollections.com provides Revenue Cycle Management (RCM) services to healthcare Providers across the United States with a concentration in the New York market. Services include home care outsourced billing, coding, and collections, monthly reporting, and analytics/metrics to aid in critical strategic decision making.
“The relationship between HHAeXchange’s software and BillingandCollection.com’s services is a great fit,” said Greg Strobel, President of HHAeXchange. “For our clients, BillingandCollection.com not only provides exceptional financial services to ensure the growth of our clients, but they deliver in a manner that is cost effective and professional. With home care margins under continued pressure and new home care legislation threatening operational efficiency for Providers and Payers, these types of services are becoming even more important.”
“Our partnership with HHAeXchange is extremely important,” said Jacqueline Martinez, Managing Partner with BillingandCollections.com. “They have made significant steps forward expanding their footprint outside of New York State and into the national home care software market. Their payer solution is unparalleled, and their provider solution uniquely serves the fastest growing business lines for home care agencies. We are looking forward to growing with HHAeXchange and advising their clients to best grow their businesses.”
Billing And Collections.Com shares a vision with every agency out there which is to maximize their revenue and eliminate their denials.
With the transition from Medicaid over to Managed care, and MLTC’s, there are many difficulties with billing and collecting on these cases. Denials can be a major source of frustration for Homecare agencies and can have quite an impact on cash flow. Most agencies are experiencing at least a 35% denial rate, all of which can and should be avoided. Most agencies are looking to maximize their revenue while minimizing their denials. Billing and Collections.com has trained billers and collection specialists that work primarily on Homecare. We service numerous Homecare agencies all having their own personal liaison. We do not only Offer Billing and Collection Services but encompass numerous other services that all Home care requires.
Founded in 2008, HHAeXchange is the leading technology platform for homecare and self-direction program management. Developed specifically for Medicaid home and community-based services (HCBS), HHAeXchange connects state agencies, managed care organizations, providers, and caregivers through its intuitive web-based platform, enabling unparalleled communication, transparency, efficiency, and compliance. For more information, visit hhaexchange.com or follow the company on Twitter, LinkedIn and Facebook.