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Claims Processing

 

 

 

 

 

Claims Processing and Editing for Health Plans, TPAs, Government Payors

RevenueMD understands the complex issues surrounding payor adjudication. Minimizing wasteful time and money adjudicating claims with errors is critical to the efficiency and bottom line of your organization. RevenueMD is a robust, scalable, high speed yet easy-to-implement rules engine designed to meet the ever changing requirements of your environment and the healthcare industry.

RevenueMD 837 Engine Features:

  • All industry code sets and procedures – CPT/HCPCS/ICD9, diagnoses, CCI, LMRP, revenue codes, DRG, occurrence codes, value codes, treatment codes, etc. – are fully supported and automatically updated as revisions are announced
  • Edits can be customized on any field to meet specific needs without software programming or expensive professional services
  • Supports 837P (professional), 837I (institutional) and 837D (dental) claims
  • Implemented on a local server or via ASP allowing fast integration
  • Rules engine runs at blazing speed without sacrificing accuracy

RevenueMD Advantages:

  • Rapidly and precisely identify and eliminate incorrect and incomplete claims before they enter adjudication processing
  • Significantly increase first-pass adjudication rates and reduce re-submissions
  • Decrease suspense processing
  • Decrease false accept processing and losses
  • Provide immediate and explicit feedback to improve provider behavior and relations
  • focus knowledge workers on critical business activities

 

Automated electronic claims submission


Efficient claim forwarding and routing is one of the most crucial functions in the healthcare revenue cycle. RevenueMD Submit utilizes connections to most commercial and government payors to ensure fast and comprehensive EDI submission and retrieval of claims, electronic EOBs and Remittance Advices. Available to users of our RevenueMD claim editor, RevenueMD Submit is integrated to permit submission of claims from the RevenueMD window.

RevenueMD Submit Features:

  • One-click submission of “clean” claims when used with RevenueMD™

  • Secure, electronic claims submission over an internet connection

  • “All-payor” solution connects to most commercial and government payors

  • Automatic data formatting for every supported payor

  • RevenueMD-bundled pricing offers cost effective alternative to other clearing services

     

 

 


 
 
 

 

     

 

 

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