Princeton, NJ (PRWEB) October 06, 2014
BESLER Consulting recently completed the Healthcare Financial Management Association’s comprehensive 18-month interim review for the “Peer Reviewed by HFMA®” designation related to its Transfer DRG Revenue Recovery Service. This process includes a survey of current customers to rate the service. The results demonstrated that the service continues to meet the stringent standards of the peer review program and provide value to HFMA members and the Association.
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 is so well regarded among our customers,” 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.”
About BESLER Consulting
For over 25 years, BESLER has helped hospitals enhance and protect their Medicare revenue. BESLER’s deep domain experience in revenue cycle, reimbursement, compliance and software development has resulted in more than $2 billion of additional revenue for our clients. For more information, visit http://www.besler.com.
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.