Payers, brace yourselves: tracking what you're doing is becoming a popular idea.
The most recent entry comes from the Texas Academy of Family Physicians, who have set plans to begin aggregating its members' reimbursement data and provide real-time payer benchmarking. The idea here, of course, is to find problem payers and questionable reimbursement trends.
TAFP, which calls itself the largest medical specialty organization in the state, is working with a vendor known as RemitDATA, which sells web-based benchmarking tools.
The physicians' group will use the RemitDATA tool to aggregate member reimbursement data and look at trends. By doing this, the group hopes not only to flag payers with issues, but also to lower costs associated with its members' billing processes.
To get more information on TAPF's plans:
- read this Healthcare Finance News piece
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