Princeton, NJ (PRWEB) June 06, 2013
The Healthcare Financial Management Association (HFMA) recently reviewed BESLER Consulting's Transfer DRG Revenue Recovery Service using the Peer Review process. After undergoing the rigorous review, the Transfer DRG Revenue Recovery Service has been awarded the “Peer Reviewed by HFMA®” designation.
Under Medicare reimbursement regulations, when certain patients are discharged to post-acute care, the discharging hospital is paid at a reduced rate. In some cases, this reduced payment is not justified by the actual post-discharge care. These underpayments are not reflective of coding or billing errors on the part of the provider, but more commonly result from a change in the planned course of treatment subsequent to discharge.
BESLER employs proprietary software to efficiently work through the identification and follow-up tasks required to validate the accuracy of post-acute care transfer billing and to ensure compliance. BESLER also offers the BVerified(SM) suite of web-based solutions, which allows providers to bring the work of identifying, prioritizing and recovering Medicare underpayments in-house.
“We’re very proud of the fact that our Transfer DRG Revenue Recovery Service has received the HFMA Peer Reviewed designation,” said Jonathan Besler, President and CEO of BESLER Consulting. “The results of the customer survey - an integral part of the very thorough Peer Review process - confirm the value that our clients see in the service. Our revenue cycle experts have continuously enhanced our service while keeping the focus squarely on compliance.”
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 40,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues.
About BESLER Consulting
For over 25 years, BESLER has helped hospitals recover otherwise lost revenue, increase reimbursement, ensure compliance, improve efficiency and reduce costs. BESLER’s deep domain experience in revenue cycle, reimbursement, compliance and unmatched software solutions has resulted in more than one billion dollars of additional revenue for our clients. For more information, visit http://www.besler.com.
BVerified(SM) is a service mark of Besler & Co., Inc. d/b/a BESLER Consulting