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Ankota And FHS Partner To Deliver Integrated Home Care Management Platform

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1888PressRelease - FHS SeniorCare Payment Solutions® and Ankota® are teaming up to integrate FHS' third party billing solutions with Ankota's home care agency management Software-as-a-Service platform for the private duty home care market. – PowerPoint PPT presentation

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Title: Ankota And FHS Partner To Deliver Integrated Home Care Management Platform


1
Ankota And FHS Partner To Deliver Integrated Home
Care Management Platform
1888PressRelease - FHS SeniorCare Payment
Solutions and Ankota are teaming up to
integrate FHS' third party billing solutions with
Ankota's home care agency management
Software-as-a-Service platform for the private
duty home care market. Boston, MA - Strategic
Partnership Will Streamline Agency Management,
Billing and Revenue Cycle Processes, Enabling
Agencies to Achieve Improved Operational
Efficiencies FHS SeniorCare Payment Solutions
and Ankota announced today their partnership
that will integrate FHS' third party billing
solutions with Ankota's home care agency
management Software-as-a-Service platform. The
integration will deliver a complete, end-to-end
solution for agency management, billing and
revenue cycle to the private duty home care
market. Ankota-an innovative home care
management software solution provider-and FHS-an
industry-leading revenue cycle management
company- believe that home care providers are
better served when their needs for agency
management, billing and revenue cycle solutions
are seamlessly integrated. FHS' and Ankota's
missions are aligned with the common goal of
simplifying front and back office processes so
that home care agencies can be more efficient and
profitable. Ankota enables Next Generation Home
Care Management and enables agencies to delivery
care efficiently but also with the compliance and
transparency that is being mandated throughout
the industry. The solution delivers robust
functionality including online client intake,
scheduling, care plans, caregiver tracking via
telephony and mobile/GPS, point-of-care
documentation, a family mobile application, care
transitions and remote patient monitoring. The
integration gives agencies access to FHS' network
of more than 300 third party payers and to FHS'
billing expertise. This tightly integrated
solution will help agencies to streamline billing
with long-term care insurance, Veterans
Administration, workers' compensation and
additional payers, as well as to increase cash
collection rates and reduce accounts receivable
days outstanding.
2
"We are excited to partner with FHS and
incorporate their robust revenue cycle management
capabilities with our next generation home care
management platform. This is another example of
how Ankota seeks to open new opportunities for
our customers to attract new referral sources,
enhance their revenue stream and increase their
efficiency," said Ken Accardi, CEO, Ankota. With
the influx of clients with third party benefits
entering the home care market, agencies need a
trusted partner that can help manage the complex
revenue cycle. FHS delivers third party billing
solutions to help agencies add new revenue
streams, diversify their payer mix and decrease
their time to collect cash. FHS is the only
company with 30 years' experience billing more
than 300 non-medical third party payers
including long-term care insurance, the Veterans
Administration, Medicaid Waiver programs,
workers' compensation, non-profit organizations
and more. "Private duty home care has expanded
beyond just a private pay business, which has
increased the administrative complexity for
agencies trying to manage billing rules and
accounts receivable with multiple entities," says
Matt Capell, chief executive officer of FHS. "Our
partnership with Ankota provides an end-to-end
solution that enables agencies to operate more
efficiently, optimize revenue and focus on
delivering quality care." About FHS FHS
SeniorCare Payment Solutions provides revenue
cycle management solutions to the non-medical,
long-term care industry. FHS offers a robust
portfolio of services that streamline revenue
collection and simplify financial operations
including third party eligibility, claims
processing, payment processing and collections.
FHS provides financial advocacy to care
recipients, helps them understand third party
benefits and other payment options, collects from
responsible parties and remits cash to long-term
care providers. FHS is the only company with 30
years' experience billing more than 300
non-medical third party payers including
long-term care insurance, the Veterans
Administration, Medicaid Waiver programs,
workers' compensation, non-profit organizations
and more. Since its founding in 1987, FHS has
helped hundreds of long-term care providers
manage their accounts receivable and more than
10,000 clients pay for care. About
Ankota Ankota enables the next generation of
home care, understanding the rapid growth of the
elderly population and the shifts to managed care
and population health. The highly customizable
software offers full home care agency and
Electronic Visit Verification (EVV) management
including telephony, GPS, fixed number generator
fobs, biometric authentication and verification
schema. It manages people, payers and programs
via configurable business rule sets and supports
optimized delivery of care in homes, readmission
reduction, individualized plans of care and cost
controls.
3
Sophisticated scheduling algorithms support
managing non-skilled and professional workers in
post-acute markets that include AAA's, Medicaid,
DME, therapy staffing, infusion and phlebotomy.
Foresight Care, an innovative remote patient
monitoring service and patient engagement
platform, helps avoid hospital readmissions at
the lowest possible cost. Contact Emily
Hackman FHS SeniorCare Payment Solutions Emily
( _at_ ) FHSBillings dot com Ph (484)
301-2804 325 Sentry Parkway Building 5 East,
Suite 160 Blue Bell, PA 19422 http//www.ankota.
com
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