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Average Ratings 0 Ratings
Description
Medical necessity denials represent a significant financial burden for healthcare providers, incurring costs that can reach into the millions annually due to write-offs, along with the expensive labor involved in investigating and contesting these denials while addressing patient inquiries. Conversely, payers also face similar challenges in the claims management process, as they incur expenses from covering unnecessary medical procedures and treatments, as well as the resources dedicated to handling denial appeals, all of which do not contribute to better patient outcomes. Additionally, patients may suffer from excessive copays and other out-of-pocket expenses, coupled with a frustrating healthcare experience due to charges and services that are not warranted. To combat these issues, the ABN Assistant™ from Vālenz® Assurance equips providers with essential prior authorization tools to confirm medical necessity, generate Medicare-compliant Advanced Beneficiary Notices (ABNs) that include estimated costs, and effectively prevent over 90 percent of medical necessity denials by ensuring that the necessity is validated before any care is administered to the patient. By utilizing this system, providers can enhance their financial stability while improving patient satisfaction and care efficiency.
Description
Crafted to replicate the standard patient experience from the moment of pre-admission through to post-discharge, while also being adaptable to your specific procedures, each staff member is equipped to seamlessly advance workflows and gather essential data for secure claims and optimal reimbursements. Our comprehensive support spans from patient intake and benefits verification to every stage of Utilization Review, ensuring attendance is recorded and claims are processed efficiently while also addressing denials and securing payments. In today's landscape, it is increasingly vital to adopt smarter strategies rather than simply working harder. We have elevated expectations by freeing your teams from the encumbrance of manual tasks and cumbersome workarounds through our innovative automation and robust claims rules engines. Overseeing your revenue cycle can feel as satisfying as a perfectly executed chain reaction of falling dominoes, yet it must be navigated amidst ongoing industry fluctuations, evolving payer guidelines, reduced reimbursements, and narrowing profit margins. Our approach not only streamlines operations but also enhances the overall financial health of your organization.
API Access
Has API
API Access
Has API
Integrations
BestNotes
Braided
Pricing Details
$1039.00/one-time/user
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Vālenz
Founded
2004
Country
United States
Website
www.valenzhealth.com/valenz-assurance/abn-assistant/
Vendor Details
Company Name
Avea Solutions
Country
United States
Website
www.aveasolutions.com
Product Features
Medical Billing
Claims Processing
Claims Scrubbing
Code & Charge Entry
Compliance Tracking
Customizable Dashboard
Dunning Management
Invoice History
Patient Eligibility Checks
Practice Management
Quotes/Estimates
Remittance Advice
Product Features
Medical Billing
Claims Processing
Claims Scrubbing
Code & Charge Entry
Compliance Tracking
Customizable Dashboard
Dunning Management
Invoice History
Patient Eligibility Checks
Practice Management
Quotes/Estimates
Remittance Advice