• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

CodeCorrect Announces Multiple New Hospital and Health System Clients for Its Denials Manager(TM) Solution

Posted on: Monday, 14 August 2006, 09:00 CDT

YAKIMA, Wash., Aug. 14 /PRNewswire/ -- CodeCorrect, an Accuro Healthcare Solutions company, today announced it has secured five new hospital clients for its Denials Manager(TM) product, which improves the revenue cycle by automating the remittance process, quickly analyzing and resolving denied claims and virtually eliminating errors caused by manual keying of remittance data.

New clients using Denials Manager include: * Marshall Medical Center, Placerville, Calif.; * Exeter Hospital, Exeter, N.H.; * Punxsutawney Area Hospital, Punxsutawney, Pa.; * Magic Valley Regional Medical Center, Twin Falls, Idaho; and * FF Thompson Hospital, Canandaigna, N.Y.

"Results from Denials Manager were immediate. Within two weeks, the software was in place, staff was trained and we were handling denials more efficiently," said Karen Dostart, Manager Patient Account Services at Marshall Medical Center. "Based on our past experience with CodeCorrect, we knew that we could expect a solid, dependable product."

Since implementation of Denials Manager, Marshall Medical Center has realized the following benefits:

* Immediate denial alerts rather than waiting 45 days for a system defined claim follow-up reminder report or tracking down information manually * Ability to look at denials and remittance advice in one location; consolidates 10 electronic payors * Improvement in staff productivity

Dostart noted, "Since Denials Manager immediately highlights denials and drops them into a job queue, we expect our receivables cycle will dramatically shorten. This helps us proactively deal with and correct the cause of a claim denial."

Offered as a Web-based solution, Denials Manager, powered by Rycan Technologies, is now part of CodeCorrect's suite of coding, chargemaster, compliance and billing tools. Denials Manager is an electronic data interchange (EDI) gateway that offers decision support, denials management and reporting, and automated workflow all in one software solution.

Denials Manager provides the following benefits: * Improved revenue cycle: enhances cash position and decreases accounts receivable * Increased productivity of billing staff * Automatic tracking of a claim's progress through the hospital's workflow * Denial summaries by reason, remark and revenue codes

Other CodeCorrect revenue intelligence products include KnowledgeSource(R), RevenueDashboard(R), Integrated CodeCheck, CDM Manager(R), CDM Enterprise(TM) and ABN Manager(R).

About Rycan Technologies

Rycan Technologies is a Minnesota-based provider of software for healthcare billing offices. Founded more than a decade ago, Rycan established itself as a regional leader in assisting healthcare facilities with electronic claim submission and electronic remittance applications.

About CodeCorrect

CodeCorrect, an Accuro Healthcare Solutions company, is dedicated to protecting the healthcare system by simplifying information and improving communication through the integration of products, knowledge and technology. With online, one-stop coding and compliance solutions, CodeCorrect gives healthcare organizations the tools and information they need to achieve and maintain fiscal health. CodeCorrect solutions have been peer reviewed by the Healthcare Financial Management Association and are trusted and used in more than 750 hospitals and by thousands of physicians nationwide. In 2005, the company was ranked for the second consecutive year on Inc. magazine's List of the 500 Fastest Growing Private Companies in the United States. For more information on CodeCorrect, visit http://www.codecorrect.com/ or call 877-937-3600.

CodeCorrect

CONTACT: Malea Barron of Lovell Communications Inc., +1-615-297-7766, ormalea@lovell.com

Web site: http://www.codecorrect.com/

Source: PRNewswire

More News in this Category