CoreCare and Creative Solutions in Healthcare (CSNHC) Team up to Tackle New Minimum Data Set (MDS) Challenges
June 04 2024 - 10:21AM
Business Wire
159 of CSNHC’s Skilled Nursing Facilities
(SNFs) now have access to a CoreCare’s new AI-powered tech platform
for streamlining clinical reimbursement processes
CoreCare, a venture-backed provider of time- and money-saving
technology for the post-acute and long-term care (PALTC) industry,
has partnered with Creative Solutions in Healthcare (CSNHC), a top
5 Skilled Nursing Facility (SNF) company, to integrate CoreCare’s
Clinical Reimbursement solution. CoreCare’s platform will enable
CSNHC’s Clinical Reimbursement team to navigate the administrative
challenges associated with the Minimum Data Set (MDS) 3.0 changes
made by the Centers for Medicare & Medicaid Services in October
2023.
“After the MDS changes last October, my Clinical Reimbursement
team’s workload greatly increased; they were spending their
valuable time on manually building reports and reviewing them for
accuracy,” says Gary Blake, CEO of Creative Solutions in
Healthcare. “CoreCare had already done great work for our Billing
and Business Office teams, so we were relieved and optimistic that
they also offered a solution for us in the MDS 3.0 era.”
The MDS 3.0 changes created multiple steps for SNF Clinical
Reimbursement teams in Texas. These include the requirement to
complete additional MDS assessments, which doubled the MDS
workload, including manually entering additional information onto
State forms and manually enter data into the company’s electronic
health record (EHR) to obtain the correct reimbursement level for
their residents. All these steps must be continuously performed,
and data must match across all systems for SNF companies to receive
accurate and uninterrupted reimbursement.
To help SNFs with MDS 3.0 challenges, CoreCare:
- Automatically brings all the data together that a team needs to
review, eliminating paper and Excel-based processes
- Provides them with actionable alerts so they know where to
focus their attention, and
- Removes uncertainty by ensuring reimbursements are accurate and
timely
“CoreCare has earned a well-deserved reputation for the
time-savings and financial improvements they’ve enabled for our
business office teams,” commented Kelly Roberts Treta, VP of
Clinical Reimbursement for Creative Solutions. “Once we saw their
new solution in action, I knew it would change the way we do
business. CoreCare’s platform has transformed our Clinical
Reimbursement Division, increased our efficiency and raised job
satisfaction by eliminating a paper-based tracking system, as well
as streamlining tasks and empowering us to accomplish more in less
time.”
“We are proud that CoreCare is the trusted technology of record
for an industry-leading SNF such as Creative Solutions in
Healthcare,” said Dennis Antonelos, co-founder and Chief Executive
of CoreCare. “Everything we do centers around simplifying
administrative work and enabling equitable reimbursement for
providers. With this added offering of clinical reimbursement
navigation, we can ensure that claim payments are received
accurately and in a timely manner, without unnecessary operational
burdens, so our partners can spend less time on paperwork and more
on caring for their residents.”
About CoreCare
CoreCare is transforming the way post-acute and long-term care
(PALTC) providers accomplish their important work. CoreCare’s
AI-powered platform enables providers to securely and responsibly
automate and track critical workflows, saving time and enhancing
financial performance – all without a single paper, spreadsheet or
portal. As a skilled nursing facility (SNF) industry platform of
record for over 1,000 locations across the country, CoreCare helps
teams in billing, business office and clinical reimbursement
collaborate in important areas such as eligibility, authorizations,
and assessments & forms, to drive accurate and timely claim
reimbursement. With CoreCare, SNF operators can eliminate up to 95%
of billing errors before claims are submitted and reduce “days
sales outstanding” (DSO) by up to 50% with enormous time savings. A
Y Combinator alumni company, CoreCare is backed by Primetime
Partners and other leading venture capital firms.
About Creative Solutions in Healthcare
Founded in 2000 by Gary and Malisa Blake, Creative Solutions in
Healthcare is a family-owned company headquartered in Fort Worth,
TX. The company began with the first acquisition of Granbury Care
Center and has now grown to operate 159 long term care communities
throughout the state of Texas. Each location still runs on the
founding principle, 'a life lived for others is a life worthwhile'.
Its mission is to provide the highest quality of care to aging
adults, by investing in cutting-edge technology and embodying core
values of Compassionate Clinical Care, Nutritious Meals, Enriching
Lives, Valued Employees, and Unparalleled Cleanliness.
Learn more by visiting CreativeSolutionsinHealthcare.com.
To learn more about CoreCare please visit www.corecare.io and
connect with us on LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240604586272/en/
CoreCare Dennis Antonelos
Dennis@corecare.io Media: Bill Douglass Gotham Communications, LLC
bill@gothamcomm.com (646)504-0890 Creative
Solutions in Healthcare Leila Jones Creative Solutions in
Healthcare News@csnhc.com (817)734.4840