CHARGE CAPTURE AUDIT: Improve Charge Capture & Increase Revenue

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    Charge Capture Audit & Recovery Services
    
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  - Revenue Recovery & Accounts Receivable Services
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Charge Capture & Recovery Services

Charge Capture Audit

Identify potential lost revenue and charge issues before claims are submitted for improved billing compliance, and gross and net revenue capture.

Provides electronic audits, with CCA^® , for all inpatient and outpatient itemized bills, for accurate charging and compliant billing

Audits bills based on multiple sources with more than 1,600 rules
Flags charging issues based on clinical practice guidelines and Medicare coding requirements
Updates to rules are performed daily as needed and new rules are introduced monthly
Offers ability to develop custom rules

Identifies net revenue impact of missing charges based on client-specific contract terms
Allows timely audit of charts based on net revenue opportunity, gross charges or bill age
Reduces staff time associated with manual reviews and costs involved with rebilling
Allows process improvements and increases first-pass rate of claims
*HFMA staff and volunteers determined that this product
has met specific criteria developed under the HFMA Peer
Review Process. HFMA does not endorse or guaranty the
use of this product.

Charge Capture Retrospective Recovery Services

Realize additional reimbursement based on payer contracts by identifying missed charges on retrospective claims.

Augments existing staff’s ability to capture lost revenue on retrospective accounts
Provides resources to review, identify and recover lost revenue on billed accounts
Performs ongoing retrospective reviews on a contingency fee basis

The Stamford Hospital

After only a year of utilization, The Stamford Hospital captures close to $1 million in net revenue using Charge Capture Audit, just one of MedAssets’ Revenue Optimization Solutions.

Discover how MedAssets can help your bottom line

April 30, 2010

NAHAM 36th Annual National Conference and Exposition

April 30 - May 3

Orlando, FL

Booth: 408