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Average Ratings 0 Ratings
Description
It is accurate to assert that "not all DRG vendors are equal." Although their marketing strategies may be similar, these vendors generally fall into two categories: those that cater primarily to provider hospitals and those focused on detecting overpayments for health plans and payers. Much like how attorneys often concentrate on either defense or plaintiff cases, auditing vendors tend to specialize in the distinct needs, cultures, and priorities of their respective clients. Within the realm of payer-focused vendors, a diverse array of strategies for DRG auditing and overpayment detection exists. Our service offerings also include a dedicated physician review team that generates clinical validation findings, specifically addressing cases where identified issues stem from unsubstantiated clinical diagnoses made by treating physicians, which goes beyond the capabilities of coders. Our findings consistently demonstrate that our coding compliance model yields verified savings, contributing to enhanced financial efficiency for healthcare providers. Thus, selecting the right vendor can significantly impact the financial health of both hospitals and payers alike.
Description
MDaudit is an innovative cloud-based solution that consolidates billing compliance, coding audits, and revenue-integrity processes for various healthcare entities, including hospitals, physician networks, and surgical centers. The platform caters to diverse audit types such as scheduled, risk-based, retrospective, and denial-focused evaluations. By automating the ingestion of data from pre-bill charges, claims, and remittance information, MDaudit efficiently initiates audit workflows, identifies anomalies and high-risk trends, and offers real-time dashboards with detailed analytics to uncover the underlying causes of billing mistakes, denials, and revenue loss. Among its features are a “Denials Predictor” designed for pre-submission claim validation and a “Revenue Optimizer” that enables ongoing risk monitoring, both of which assist organizations in minimizing claim denials, decreasing recoupments, and improving their revenue capture. Furthermore, MDaudit streamlines payer-audit management by providing a secure, centralized system for handling external audit requests and facilitating the exchange of necessary documentation, ultimately enhancing operational efficiency. The comprehensive nature of MDaudit's tools ensures that healthcare providers can maintain higher standards of compliance and revenue management.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
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
DRG Claims Management
Founded
2009
Country
United States
Website
www.drgclaims.com/solutions/
Vendor Details
Company Name
MDaudit
Founded
1993
Country
United States
Website
mdaudit.com
Product Features
Product Features
Revenue Cycle Management
Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing