Software streamlines hospital Medicare claims processing.
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Press Release Summary:
Optional module of ePREMIS Claims Management, NDC® Medicare Direct Entry, helps providers accelerate Medicare cash flow by optimizing first-pass adjudication rates and minimizing follow-up processes. It combines Medicare compliance and content edits with pre-submission eligibility checking, revenue code/procedure code edits, and real-time claim delivery. Program checks on adjudication status of Medicare claims and automates creation of claims secondary to Medicare.
Original Press Release:
NDCHealth Announces Medicare Direct Entry Sales
New NDC ePREMIS Module Delivers Streamlined Hospital Medicare Claims Processing
ATLANTA, Nov. 7 / -- NDCHealth Corporation (NYSE:NDC), a leading provider of healthcare technology and information solutions, recently announced that NDC(R) Medicare Direct Entry is generally available. Twenty-six hospitals have contracted for Medicare Direct Entry, NDCHealth's new solution designed to streamline Medicare institutional claims processing.
"Medicare Direct Entry has been generally available for less than a month.
We are very excited about the tremendous early success of this new solution, said Ed Gallo, Vice President and General Manager of NDCHealth's Hospital Division.
Early adopters of NDC Medicare Direct Entry include Bayfront Medical Center, St. Petersburg FL, Glenwood Regional Medical Center, West Monroe LA, Valley General Hospital, Monroe WA, Willamette Falls Hospital, Oregon City OR, Great River Medical Center, West Burlington IA, and Texas Health Resources, Dallas TX.
"Medicare volume represents over 30% of our revenue, and improving first time submission adjudication and reducing rejection rates are major focuses of our operations," said Don Collins, Business Office Director for Bayfront Medical Center. "We are confident that Medicare Direct Entry will not only shave at least a day off of our accounts receivables days outstanding, but will also reduce our denials. We will also be able to accelerate our secondary billing helping bring cash in the door faster."
Many of the early adopters are already using ePREMIS Claims Management, NDCHealth's state-of-the-art revenue cycle management solution. Medicare Direct Entry, an optional module of ePREMIS Claims Management, offers customers a single source solution to process all claims types efficiently. Medicare Direct Entry helps providers accelerate their Medicare cash flow by improving first-pass adjudication rates and reducing follow-up processes by combining NDCHealth's industry-leading Medicare compliance and content edits with pre-submission eligibility checking, revenue code/procedure code edits and real-time claim delivery.
NDC Medicare Direct Entry also includes tools to check on the adjudication status of Medicare claims and it automates the creation of claims secondary to Medicare. All of these services combine to deliver extremely clean claims, which improve the overall experience for providers, patients and intermediaries.
With NDC ePREMIS and Medicare Direct Entry, NDCHealth now delivers a unique combination of services with both Medicare and commercial claims processed within in a single application enabling organizations to develop consistency in workflow, processes and security for all lines of business.
About Bayfront Medical Center
Bayfront Medical Center in St. Petersburg, Florida, is a 502-bed hospital that has been servicing the medical needs of the people in that region for almost 100 years. Founded in 1906 as St. Petersburg Sanitarium, Bayfront Medical Center is today considered one of the finest hospitals in America.
About NDCHealth Corporation
NDCHealth is a leading information solutions company serving all sectors of healthcare. Its network solutions automate the exchange of information among pharmacies, payers, hospitals and physicians. Its systems and information management solutions help improve operational efficiencies and business decision making for providers, retail pharmacy and pharmaceutical manufacturers.
Headquartered at Atlanta, Ga., the company provides information vital to the delivery of healthcare every day. For more information, visit www.ndchealth.com.
NDCHealth and NDC ePREMIS are trademarks of NDCHealth Corporation. All other company and product names mentioned may be trademarks of the company.
