Princeton, NJ (PRWEB) August 21, 2013
BESLER Consulting, a leading provider of comprehensive revenue recovery services to healthcare organizations, is pleased to announce that the Washington State Hospital Association (WSHA) has endorsed BESLER’s Transfer DRG and IME Revenue Recovery Services.
The Washington Hospital Services Industry Partner Endorsement Program promotes innovative vendors who bring value-added services to the members of the Washington State Hospital Association. Through the program, Washington hospitals can access companies hand-selected as WSHA-endorsed companies for their world-class business offerings. WSHA’s endorsed companies can help hospitals reduce costs and drive performance improvement.
Transfer DRG Underpayments
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.
Teaching hospitals receive a payment from Medicare for Indirect Medical Education (IME) expenses. This payment helps to defray the added costs of maintaining the teaching program. For traditional Medicare patients, the IME payment is automatically paid by Medicare when a claim is processed. For Medicare Advantage claims, however, a separate request to Medicare must be made to receive the IME payment. Hospitals make this IME payment request by submitting a “shadow bill” to Medicare. A variety of operational issues may result in the shadow bill not being submitted to Medicare.
BESLER utilizes proprietary software to efficiently work through the identification and follow-up tasks required to validate the accuracy of Medicare billing, to ensure compliance and to make final determination of IME and Transfer DRG underpayments. 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.
After undergoing a rigorous review, BESLER’s Transfer DRG Revenue Recovery Service was recently awarded the “Peer Reviewed by HFMA®” designation by the Healthcare Financial Management Association. *
“BESLER is proud to have received the endorsement of the Washington State Hospital Association for our revenue recovery services,” said Jonathan Besler, BESLER’s President and Chief Executive Officer. “Our proprietary technology and experienced team allow us to efficiently recover Medicare revenue for our clients while keeping our focus squarely on compliance, and we believe we have the most effective solutions in the industry. We look forward to introducing our services to the hospitals of Washington.”
About the Washington State Hospital Association
The Washington State Hospital Association represents all of Washington’s 98 community hospitals. The association takes a major leadership role in issues that affect delivery, quality, accessibility, affordability, and continuity of health care. It works to serve its members, increase access to health care, and improve health care quality. To learn more about the Industry Partner Endorsement Program, visit http://www.wahospitalservices.com.
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.