06.05.2017 Views

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.

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.

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<strong>Ankota</strong> <strong>And</strong> <strong>FHS</strong> <strong>Partner</strong> <strong>To</strong> <strong>Deliver</strong> <strong>Integrated</strong> <strong>Home</strong> <strong>Care</strong> <strong>Management</strong> <strong>Platform</strong><br />

1888 Press Release ­ <strong>FHS</strong> Senior<strong>Care</strong> Payment Solutions® and <strong>Ankota</strong>® are teaming up to integrate <strong>FHS</strong>'<br />

third party billing solutions with <strong>Ankota</strong>'s home care agency management Software­as­a­Service platform for<br />

the private duty home care market.<br />

Boston, MA ­ Strategic <strong>Partner</strong>ship Will Streamline Agency <strong>Management</strong>, Billing and Revenue Cycle<br />

Processes, Enabling Agencies to Achieve Improved Operational Efficiencies<br />

<strong>FHS</strong> Senior<strong>Care</strong> Payment Solutions® and <strong>Ankota</strong>® announced today their partnership that will integrate<br />

<strong>FHS</strong>' third party billing solutions with <strong>Ankota</strong>'s home care agency management Software­as­a­Service<br />

platform. The integration will deliver a complete, end­to­end solution for agency management, billing and<br />

revenue cycle to the private duty home care market.<br />

<strong>Ankota</strong>­an innovative home care management software solution provider­and <strong>FHS</strong>­an industry­leading<br />

revenue cycle management company­ believe that home care providers are better served when their needs<br />

for agency management, billing and revenue cycle solutions are seamlessly integrated. <strong>FHS</strong>' and <strong>Ankota</strong>'s<br />

missions are aligned with the common goal of simplifying front and back office processes so that home care<br />

agencies can be more efficient and profitable.<br />

<strong>Ankota</strong> enables Next Generation <strong>Home</strong> <strong>Care</strong> <strong>Management</strong> and enables agencies to delivery care efficiently<br />

but also with the compliance and transparency that is being mandated throughout the industry. The<br />

solution delivers robust functionality including: online client intake, scheduling, care plans, caregiver<br />

tracking via telephony and mobile/GPS, point­of­care documentation, a family mobile application, care<br />

transitions and remote patient monitoring.<br />

The integration gives agencies access to <strong>FHS</strong>' network of more than 300 third party payers and to <strong>FHS</strong>'<br />

billing expertise. This tightly integrated solution will help agencies to streamline billing with long­term<br />

care insurance, Veterans Administration, workers' compensation and additional payers, as well as to<br />

increase cash collection rates and reduce accounts receivable days outstanding.<br />

"We are excited to partner with <strong>FHS</strong> and incorporate their robust revenue cycle management capabilities<br />

with our next generation home care management platform. This is another example of how <strong>Ankota</strong> seeks<br />

to open new opportunities for our customers to attract new referral sources, enhance their revenue stream<br />

and increase their efficiency," said Ken Accardi, CEO, <strong>Ankota</strong>.<br />

With the influx of clients with third party benefits entering the home care market, agencies need a trusted<br />

partner that can help manage the complex revenue cycle. <strong>FHS</strong> delivers third party billing solutions to help<br />

agencies add new revenue streams, diversify their payer mix and decrease their time to collect cash. <strong>FHS</strong> is<br />

the only company with 30 years' experience billing more than 300 non­medical third party payers<br />

including: long­term care insurance, the Veterans Administration, Medicaid Waiver programs, workers'


compensation, non­profit organizations and more.<br />

"Private duty home care has expanded beyond just a private pay business, which has increased the<br />

administrative complexity for agencies trying to manage billing rules and accounts receivable with multiple<br />

entities," says Matt Capell, chief executive officer of <strong>FHS</strong>. "Our partnership with <strong>Ankota</strong> provides an end­toend<br />

solution that enables agencies to operate more efficiently, optimize revenue and focus on delivering<br />

quality care."<br />

About <strong>FHS</strong><br />

<strong>FHS</strong> Senior<strong>Care</strong> Payment Solutions® provides revenue cycle management solutions to the non­medical,<br />

long­term care industry. <strong>FHS</strong> offers a robust portfolio of services that streamline revenue collection and<br />

simplify financial operations including: third party eligibility, claims processing, payment processing and<br />

collections. <strong>FHS</strong> provides financial advocacy to care recipients, helps them understand third party benefits<br />

and other payment options, collects from responsible parties and remits cash to long­term care providers.<br />

<strong>FHS</strong> is the only company with 30 years' experience billing more than 300 non­medical third party payers<br />

including: long­term care insurance, the Veterans Administration, Medicaid Waiver programs, workers'<br />

compensation, non­profit organizations and more. Since its founding in 1987, <strong>FHS</strong> has helped hundreds of<br />

long­term care providers manage their accounts receivable and more than 10,000 clients pay for care.<br />

About <strong>Ankota</strong><br />

<strong>Ankota</strong> enables the next generation of home care, understanding the rapid growth of the elderly<br />

population and the shifts to managed care and population health. The highly customizable software offers<br />

full home care agency and Electronic Visit Verification (EVV) management including telephony, GPS, fixed<br />

number generator fobs, biometric authentication and verification schema. It manages people, payers and<br />

programs via configurable business rule sets and supports optimized delivery of care in homes, readmission<br />

reduction, individualized plans of care and cost controls. Sophisticated scheduling algorithms support<br />

managing non­skilled and professional workers in post­acute markets that include AAA's, Medicaid, DME,<br />

therapy staffing, infusion and phlebotomy. Foresight <strong>Care</strong>, an innovative remote patient monitoring<br />

service and patient engagement platform, helps avoid hospital readmissions at the lowest possible cost.<br />

Contact:<br />

Emily Hackman<br />

<strong>FHS</strong> Senior<strong>Care</strong> Payment Solutions<br />

Emily ( @ ) <strong>FHS</strong>Billings dot com<br />

Ph: (484) 301­2804<br />

325 Sentry Parkway<br />

Building 5 East, Suite 160


Blue Bell, PA 19422<br />

http://www.ankota.com<br />

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