Emdeon Inc., a provider of healthcare revenue and payment cycle management and clinical information exchange solutions, has announced three of its revenue cycle management solutions have earned the Peer Reviewed designation of the Healthcare Financial Management Association (HFMA).
The Company noted that the HFMA Peer Reviewed designation places these Emdeon solutions on a short list of products and services that have been shown to be effective by industry volunteers, product customers and independent HFMA staff.
Emdeon Assistant, an automated patient eligibility and benefits verification tool, was awarded the designation for the fifth year in a row. And for the third straight year, both Emdeon Claim Master, a web-based claims management solution, and Emdeon Payment Integrity Services, which provides accounts receivable audit and recovery services for healthcare providers, were selected for Peer Reviewed status. All products presented for the certification must meet predetermined standards as established by HFMA in areas such as product effectiveness, quality, overall customer support to earn the "Peer Reviewed by HFMA" designation.
"By helping providers better manage the complexities of the revenue and payment cycle, Emdeon's solutions allow our customers to be more efficient from the initial patient encounter through third- party reimbursement and final payment," said George Lazenby, CEO for Emdeon. "We are pleased to receive corroboration from our customers and peers that Emdeon's solutions are effectively addressing healthcare market needs."
Emdeon added that it exhibited during the HFMA 2012 ANI conference in Las Vegas June 25-26, and demonstrated Emdeon Assistant, Emdeon Claim Master and Emdeon Payment Integrity Services, as well as other revenue cycle solutions and services. Emdeon also presented educational sessions featuring Emdeon and industry partner subject matter specialists on patient access, hospital readmissions and underpayment recovery.
The Company noted details of the conference:
Converting Uncompensated Care to Received Reimbursement: Improving Performance through the Right Relationship: Presented by Arvin Lewis, Chief Revenue Officer at Halifax HealthCan. Screening self-pay patients for eligibility in public benefits programs turn uncompensated care into Medicaid reimbursement? What's the outcome of insourcing, outsourcing and developing a partnership for this process? Attend this session to discover how Halifax Health, a 944 bed community health system in Daytona Beach, FL, shifted millions from self-pay dollars to Medicaid reimbursement in 2011 by partnering with Chamberlin Edmonds, an Emdeon company.
Patient Access Best Practices and More: One Partnership to Accelerate the Revenue Cycle: Presented by Carol Plato Nicosia, CHFP, CPAM, MBA, Administrative Director of Corporate Business Services at Martin Health System. How does a patient access strategy accelerate the revenue cycle? What are patient access best practices that every hospital should be doing? Stop by this session to learn how Martin Health System, a 344 bed not-for-profit, community-based healthcare system in Stuart, FL, successfully manages their revenue cycle from the front end.
Hospital Readmissions: Knowing your Rate and Using Data to Prevent Them: Presented by Carla Engle, Director of Product Management at Emdeon. Do you know your hospital readmission rate for patients diagnosed with heart attack, heart failure or pneumonia? Better yet, do you know how to decrease these readmissions before Medicare begins payment deductions to hospitals this October? Come to this session to see how the right access to your readmissions data can enable you to identify patterns and develop processes that can decrease readmissions going forward for these diagnoses and more.
Underpayment Recovery to Optimize Revenue: Presented by Christine Olander, Director of Operations at Emdeon. The American Medical Association's National Health Insurer Report Card says that commercial payers have an average claims processing error rate of 19 percent. How do you know when your claims are underpaid? What steps are you taking to correct underpayments and prevent them from happening again? Attend this session to find out how Emdeon can help you transform previously written-off payer underpayments into realized revenue.
Finally, Emdeon reported it will participate in an HFMA Peer Review session on June 27th at 7 a.m. Pacific Daylight Time, titled: Sentara Healthcare: Using Technology and Professional Services to Efficiently Manage Uncompensated Care. Emdeon customer Andy Weddle, VP of revenue cycle at Sentara, and Ed Caldwell, senior VP of revenue cycle services at Emdeon, will present information and best practices learned through their work together.
Emdeon is a provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers and patients in the U.S. healthcare system.
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