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Reimbursement Pro Summary
Reimbursement PROTM is a 100% HIPAA compliant, secure web-based Revenue Cycle
Management tool that works alongside any practice management system, EMR or
EHR to streamline reimbursement inefficiencies. Reimbursement PROTM provides
a proven way for practices to increase cash flow and improve productivity.
The cost savings have been dramatic with most clients reducing denied claims
by 40-50 % and altogether eliminating high costs associated with paper EOB
processing, claims management and lengthy appeals processes.
Reimbursement PRO includes:
Insight Management Reports:
These real-time reports help you streamline operational inefficiencies due
to problematic reimbursement trends and eliminate the source of the issue.
With one click you can track and review your overall denial rate, most common
denial reasons by reason code or procedure, aging reports by payer, and more.
Use these management tools to provide improved staff education from precise
error identification. Many RemitDATA clients have lowered their average denial
rate to less than 5% which means an immediate improvement in cash flow and
better usage of current staff and systems resources.
QuickTurnTM Collection Tools:
• QuickTurnTM tools help collectors “work” collections more
efficiently.
• OnDemand EOBTM offers single claim EOB generation, eliminates the
high costs of printing, redacting, filling & retrieval of EOBs.
• OnDemand FormTM offers completed appeals forms in less than 10 seconds!
No more missed appeals deadlines and inaccurate information resulting in re-appeal.
• QTM claims management tool streamlines the claims review process with
easy access of claims information, convenient claims sorts, denial code interpretation
and automated claims assignment. Managers can monitor results, minimize duplicative
claim generation, prioritize workflow and identify denial status. Go 100%
EOB free and instantly increase cash flow, guaranteed.
CompareTM Benchmark Analysis:
Quarterly reports provide analysis of aggregated claims to determine how your
staff is doing versus national averages for reimbursement. RemitDATA calculates
a customized benchmark for your practice based on your unique product mix,
so that real industry numbers can be used as key indicators to set future
goals and incentives for your staff.