Why can Richter Healthcare Consultants help you?
Jennifer Richter founded Richter & Associates, Inc. in 1999 to offer financial solutions for healthcare providers. With extensive experience in both acute and post-acute care, as well as accounting and finance, Ms. Richter recognized the need for comprehensive revenue cycle management, accounting and consulting services for senior living providers.
Nearly 20 years later, Richter & Associates has grown into Richter Healthcare Consultants, with more than 50 employees who offer consulting, accounting and revenue cycle management to post-acute providers nationwide. To better serve this niche, our leadership team members each have a minimum of 20 years of industry experience.
Every Richter consultant maintains involvement with leading industry associations to ensure we bring the latest, most innovative solutions to the table. By remaining on top of the latest technology and regulatory environment, you can focus on what matters most…your residents and staff.
While some firms only focus on large healthcare systems, Richter Healthcare Consultants serves the entire spectrum of LTPAC providers, from small to medium size independent and multi-facility providers of independent living, assisted living and post-acute services, including home health and hospice as well as CCRCs.
Here’s how: By delivering superior and innovative solutions and services for every customer
In addition to consulting, accounting and revenue cycle management services, Jennifer Richter developed a proprietary product named Revenue Cycle Management (RCM) for LTPAC providers to streamline the financial process and seamlessly outsource all business office functions.
Richter Healthcare Consultants also serves as a Strategic Alliance Partner for PointClickCare®, the premier EHR platform for senior living providers in North America.
This breadth of product and service offerings has made Richter Healthcare Consultants one of the most respected and regarded providers of consulting, accounting and revenue cycle management solutions for LTPAC providers in the nation.
For more information, contact Richter Healthcare Consultants today.
- Five Strategies to Boost Patient Care through Revenue Cycle ManagementRevenue cycle management (RCM) lies at the heart of a long-term post-acute care (LTPAC) provider’s operation. Without the proper processes in place, cash flow slows down, bad debt increases and customer satisfaction declines. So how can your LTPAC organization optimize its RCM function? We recommend starting with the five strategies outlined below.
- CMS to Implement Changes to Beneficiary IdentifiersSince the inception of the Medicare program in 1965, beneficiaries have been identified by a Social Security number-based identifier known as the Health Insurance Claim (HIC) number. This unique identifier has been used to determine the beneficiary for all Medicare transactions such as eligibility, billing and claim status inquiries. As a means to help fight […]
- Home Health's Best Kept Secret: Outpatient TherapyWith reimbursement rates and profit margins shrinking and unfunded mandates and regulations increasing, home health agencies must look for ways to diversify services all while increasing revenue. One home health service that agencies can offer is home health outpatient therapy, despite it not always being provided in a clinic, hospital or private practice.
- Tips on Preparing a Final LTPAC Annual Expense BudgetFor long-term post-acute care (LTPAC) providers, budget season is here! In fact, most organizations are already in the midst of finalizing their numbers for approval in the upcoming year. Every industry approaches budgeting differently, but when it comes to long-term care, there are certain areas that require special attention. The most frequent budget-related questions I […]
- PointClickCare®’s Point of Care (POC) Experience: If It Isn’t Documented, It Didn’t HappenTo some in the skilled nursing facility (SNF) arena, documentation can seem unnecessary and overly time consuming. However, when documentation isn’t completed, there is no proof that what happened, happened. In SNF settings, documenting resident care is required from not only the licensed staff, but also nurse assistants.