Hospitals assess billing compliance risk more quickly with pre-loaded audits
NEWTON, Mass.--(BUSINESS WIRE)-- Hayes Management Consulting announced today that its MDaudit Hospital software now provides more than 150 pre-loaded audits based on regulatory auditors’ criteria such as RAC, MAC and OIG. MDaudit Hospital and its counterpart for physician practices, MDaudit Professional, are used by healthcare organizations to increase audit production, streamline the compliance process and quickly assess exposure to risk.
“The pre-loaded audits save hospitals a significant amount of time and effort ascertaining and programming in various regulatory audit criteria,” says Lisa English, Development Program Manager. “Our clients are using these audits to assess their exposure to risk and to prioritize their internal auditing activities.
“MDaudit allows healthcare organizations to assess their coding risks at a deeper level and in near real-time,” says Andrew Treanor, Vice President of Software Solutions at Hayes, “The more insight healthcare organizations have into their risk, the more they can be proactive about reducing it.”
About MDaudit Hospital
MDaudit Hospital enables a proactive approach to risk mitigation in a time of dramatically increased government oversight (RAC, OIG, etc.). It enables in-house compliance staff to quickly and easily monitor risk and discover lost revenue opportunities. MDaudit Hospital allows you to:
Proactively approach external audits:
- Use pre-loaded audit criteria or create new audit profiles based on regulatory targets (e.g., RAC and OIG)
- Prioritize risk management programs on case volumes
- Defend claims with detailed documentation of findings
- Focus quality initiatives and education in areas that need improvement
Accelerate the process:
- Focus on the right targets with automated case selection based on your criteria
- Access billing data directly through a user interface designed by coding auditors
- Capture findings for billing errors – the basis for corrective action
- Easily generate reports to communicate findings to RAC appeal teams and clinicians
For more information or to schedule a demonstration, please contact: [email protected] or call 617-559-0404.
About Hayes
Hayes is ranked the Top Overall Professional Services Firm by KLAS (2007-2010) in the “2010 Top 20 Best in KLAS Awards: Software & Professional Services.” Hayes improves healthcare with services and software designed to improve operational efficiency. In addition to compliance expertise, Hayes consultants are subject-matter experts in IT strategic planning, revenue cycle management, system optimization and more. Visit our website at www.hayesmanagement.com.
CONTACT:
Hayes Management Consulting
Wendy Loveland, 617-559-0404 ext. 285
Marketing & Communications Manager
[email protected]
www.hayesmanagement.com
KEYWORDS: United States North America Massachusetts
INDUSTRY KEYWORDS: Technology Data Management Software Other Technology Health Hospitals Other Health
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