Payment Integrity Compass, powered by Concuity technology and Advisory Board Company research and services, provides a unified solution for pinpointing all payment discrepancies, streamlining denials and underpayment workflow, aggressively recovering revenue and maximizing yield from all payers and contracts. The program incorporates people, process and technology to help you reach a new level of payer performance and prepare for payment reform.
Specifically, Payment Integrity Compass can help you accomplish 5 key goals:
Pinpointing all payment discrepancies
Precisely identify underpaid claims and categorize denials to understand true revenue potential and close the gap between actual and expected reimbursement
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Streamlining contracts and collections process workflows
Integrate your payer contracting and payment reconciliation workflow processes to boost collector agility and coordinate seamlessly across departments to overturn more denials and increase underpayment recoveries.
See how we can help you streamline your contracts and collections process workflows
Empowering managed care contractors
Arm your staff with sophisticated contract modeling tools, data, and scenario analysis that levels the playing field with payers and increases contract yield by improving profitability of terms.
See how we can help you empower your managed care contractors
Simplifying financial reporting
Save staff time, maintain an accurate statement of revenue and cash collection, and post contractual allowances for timely net accounts receivable information.
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Preparing for payment evolution and reform
Ensure your business office is prepared to manage disruptive reimbursement changes from initiatives such as ICD-10 and bundled payments.