Services
At Walker-Phillips Healthcare Consulting, we believe the best results come from a collaborative and interactive engagement process that involves your facility’s personnel from start to finish. We work closely with your organization to develop a thorough understanding of your unique operational, financial, and reimbursement challenges. Our services are tailored to fit your organization’s specific structure and needs, ensuring practical and effective solutions. Throughout the engagement, our team remains focused on identifying and managing risk while keeping you informed of the Medicare and Medicaid rules and regulations that impact your organization. We also provide proactive guidance and strategic recommendations to help your facility optimize reimbursement, improve operational performance, and achieve long-term success.
Long-Term Medicare & Medicaid Reimbursement
The long-term care industry is a dynamic environment, creating significant challenges for providers of long-term care services. With the continuous changes in legislation, successfully preparing Medicare and Medicaid cost reports is extraordinarily difficult. Our team of experienced reimbursement professionals is heavily involved with state and federal agencies in the preparation of Medicaid and Medicare cost reports.
With more Medicare and Medicaid long-term care cost reports prepared in Virginia than any other firm, and a position among the nation’s largest cost report preparers, we have assembled a comprehensive database of client-derived benchmarks and key industry comparators. Our clients not only receive a cost report that is prepared to appropriately optimize their reimbursement but also a management report commenting on specific reimbursement opportunities and comparing your facility with other comparable facilities.
Long-Term Accounting Services
Our firm currently prepares and files the majority of the Virginia Health Information (VHI) nursing home filings in the Commonwealth of Virginia. Our team also prepares and files in the REDCap software a large number of Department of Medical Assistance Services (DMAS) Wage Surveys. Given our experience and the large volume we prepare annually, we can prepare these filings accurately and in a manner that limits the time needed by your team.
Our firm has professionals who have worked in long-term care facilities and are familiar with nursing facility Medicare, Medicaid, and Commercial billing. Our staff can assist in Medicare, Medicaid, and Commercial billing services, including the actual transmission of client billings.
Nursing Facility Sales and Acquisitions
Walker-Phillips Healthcare Consulting assists our clients with the purchase and sale of their facilities. Representing our clients in this manner is a job we take very seriously.
Certificate of Public Need Applications (COPN)
Our team has successfully assisted many clients in completing the complex Certificate of Public Need (COPN) process in Virginia. We have helped our clients obtain new beds and move beds to and from facilities to enlarge or create new facilities.
We have been involved in the preparation of nearly every nursing home Certificate of Public Need (COPN) application submitted in the Commonwealth of Virginia over the past several decades.
Clinical Services
We provide Medicare and Medicaid PDPM Case-Mix Index (CMI) review services to drive Medicaid payment accuracy and appropriate reimbursement optimization.
Audit Services (Provided by our sister company, Walker Healthcare CPAs)
Walker Healthcare CPAs serves senior living organizations exclusively as its core practice. We currently serve more than 350 long-term and residential care communities across the Eastern United States. Walker Healthcare CPAs pairs deep technical audit competency with a working knowledge of accounting and healthcare reimbursement. Walker Healthcare CPAs works in coordination with Walker-Phillips Healthcare Consulting to save you time and ensure cross-service communications between your audit team and cost reporting team to help maximize reimbursement. Visit the Walker Healthcare CPAs website at https://www.walkerhealthcarecpas.com/.
Home Health Care and Hospice Medicare Cost Report Preparation
Home Health Care and Hospice Medicare cost reports are due five (5) months after the end of the provider’s fiscal year-end. Our team will ensure your Medicare cost reports are filed accurately, timely, and in a manner that minimizes your team’s involvement in this process. Once your Medicare cost reports are e-filed, our team will provide you with an e-file confirmation for your records.
Virginia Residential Treatment Facilities (RTF) Medicaid Cost Report Preparation
Our team prepares a large number of Residential Treatment Facility (RTF) cost reports each year. We are skilled at helping our clients prepare proforma budgets and Medicaid cost reports that ensure they are paid appropriately from the day their facility opens and forward.