HealthRev Partners' HHVBP Solution, powered by the proprietary Velocity™ SaaS platform, is a comprehensive Revenue Cycle Management (RCM) and consulting service designed specifically for home health, hospice, and palliative care agencies. The solution is built to help agencies navigate the complexities of the Home Health Value-Based Purchasing (HHVBP) Model by driving financial stability, ensuring compliance, and accelerating cash flow.
Velocity™ Platform Capabilities:
- RCM Transparency & Analytics: Provides real-time, centralized data and operational insights via customizable RCM dashboards. This allows agencies to track billed-to-paid trends, monitor key performance indicators (KPIs), and identify growth opportunities.
- Claims Management: Features a centralized Claims Queue with intuitive filters, detailed timestamps, and real-time notifications to ensure no claim is left behind. It includes NOA and NOE tracking to help avoid costly penalties. [cite: 6, 4 in step 3]
- Denial & AR Management: Utilizes AI to reduce denials by up to 40% and boasts a 98% first-pass claim approval rate. A color-coded AR management dashboard highlights aging balances for prioritized follow-up, reducing write-offs.
- Clinical/Coding QA: Includes AI-powered coding analysis, OASIS review, and a built-in automated Quality Assurance (QA) solution for charting and documentation, ensuring accuracy for HHVBP measures. [cite: 1, 5 in step 1, 4 in step 3]
- Advanced Funding: Clients gain access to Advanced Funding programs, providing immediate access to up to 80% of approved accounts receivable to ensure financial stability and growth. [cite: 4 in step 1, 1]
The solution is platform agnostic, meaning the Velocity software can pull data from any existing EMR/EHR system. It is available as a full-service outsourced RCM solution or as a stand-alone SaaS for agencies with an in-house RCM team. [cite: 1, 3, 4 in step 3]