Plano, TX (PRWEB) April 29, 2014
GAFFEY Healthcare, a leading provider of next generation, cloud-based revenue cycle technology & business office outsourcing services, announced today a new module that updates its claim statusing solution, AutoStatus, to now interface with all Medicare fiscal Intermediaries in addition to major commercial payors. Interfacing directly with payors to status electronic claims automates the cumbersome and time consuming process of retrieving and updating patient claim statuses manually.
AutoStatus is a cloudbased data management service that allows providers to automatically review which claims have been processed, adjudicated and prioritize those that require further investigation via an AutoStatus dashboard.
When used in conjunction with GAFFEY’s workflow automation & business intelligence
platform, AlphaCollector, Medicare claims can be prioritized and routed to specific collectors to create workgroups, eliminating non-value added touches due to increased automation. Problem accounts are identified and resolved faster while AlphaCollector provides data and reports to reduce denials and increase clean claim rates.
“Medicare reimbursements oftentimes make up more than 50% of our customers’ AR. Providing automation tools and better visibility into the status of those claims not only gives them a clear picture as to where their AR stands in real-time but also actionable data for follow up,” said Derek Morkel, CEO of GAFFEY Healthcare.
About GAFFEY Healthcare:
Since 1987, GAFFEY Healthcare has been supplying healthcare providers with innovative revenue cycle technology and services, including business office autsourcing, to help accelerate their cash flow, improve their productivity and increase their profitability. From Patient Access & Eligibility through Billing, Claims Management to Collections - all the way to Payment Verification and Integrity - the components of the software are tied together through a state-of-the-art workflow automation and business intelligence platform, AlphaCollector. Over 200 hospitals, including some of the country’s leading health care systems, and physician practices use GAFFEY healthcare's cloud-based applications.