Reporting and Analytics Services
Our collective experience allows us to find “lost” revenue in places other vendors don’t even look.
Zero Balance Review
Identifies unpaid and underpaid balances from closed patient accounts from all types of payers, including government, commercial and self-funded. On average, Meduit finds a full 1% to 2% of a hospital’s net revenue in additional collections and then applies expertise to collect on those revenues. The fee is on a contingency basis, virtually free of charge considering the recovery is on unexpected, additional cash. If nothing is found, there is no fee.
Consulting Services:
Meduit’s Consulting Services provides an outside view to your internal operations, giving insight to a best practices approach to revenue cycle management. Meduit can provide a detailed analysis of your revenue cycle and provide recommendations for improvement or provide the solutions to achieve the desired results, in many cases lowering the overall cost to collect.
Denials Management:
Meduit will utilize EDI billing data (ANSI 276/277 and 835) and remit data, in the client’s proprietary system, to determine whether claims were paid correctly. Meduit will research and fix denials by providing proper verbiage and managing the appeal process along with denial analytics and reporting.
