PRE-BILL EDITS FOR OPTIMUM REIMBURSEMENT · Pre-Billed Edit vs. Coding Audit Pre-Bill Edits:...

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PRE-BILL EDITS FOR OPTIMUM REIMBURSEMENT Accelerate cash flow, protect revenue, and eliminate unnecessary costs Talk with Axea today to evaluate the revenue recovery potential for your organization. [email protected] Copyright 2020 Axea Solutions, Inc. (Source: Analysis by Change Healthcare released in 2017) $3.5 Million Avg. 350-bed hospital annual loss for from denied claims to efficiently $10 Million $262 Billion Unclaimed Revenue Hospitals 30% Medicare Denied Claims Pre-Billed Edit vs. Coding Audit Pre-Bill Edits: Medicare denies in hospital claims annually are either denied, lost, or ignored of all claims annually in Pre-Bill Edits full claim examination 24-hr turnaround, prevent underpayments reduce denials encompasses a typically in and Ensure Clean Claim Submission for timely payment Stops repetitive costs by eliminating problematic trends Provides real-time feedback to prevent revenue leakage and denials while educating coders for improved accuracy Eliminates time and labor costs for denied claims, re-submittals and timely appeal process VS. Standard Coding Audit, that assesses codes assigned www.axeasolutions.com 855.424.4249

Transcript of PRE-BILL EDITS FOR OPTIMUM REIMBURSEMENT · Pre-Billed Edit vs. Coding Audit Pre-Bill Edits:...

Page 1: PRE-BILL EDITS FOR OPTIMUM REIMBURSEMENT · Pre-Billed Edit vs. Coding Audit Pre-Bill Edits: Medicare denies in hospital claims annually ─ are either denied, lost, or ignored of

PRE-BILL EDITS FOR OPTIMUM REIMBURSEMENTAccelerate cash flow, protect revenue, and

eliminate unnecessary costs

Talk with Axea today to evaluate the revenue recovery potential for your [email protected]

Copyright 2020 Axea Solutions, Inc.

(Source: Analysis by Change Healthcare released in 2017)

$3.5 MillionAvg. 350-bed

hospital annual loss

for from denied claims to efficiently

$10 Million

$262 Billion Unclaimed RevenueHospitals

30% Medicare

Denied ClaimsPre-Billed Edit vs. Coding Audit

Pre-Bill Edits:

Medicare denies

in hospital claims annually ─

are either denied, lost, or ignoredof all claims

annually in Pre-Bill Edits full claim examination24-hr turnaround,

prevent underpayments reduce denials

encompasses atypically in

and

Ensure Clean Claim Submission for timely paymentStops repetitive costs by eliminating problematic trendsProvides real-time feedback to prevent revenue leakage and denials while educating coders for improved accuracyEliminates time and labor costs for denied claims, re-submittals and timely appeal process

VS. Standard Coding Audit, that assesses codes assigned

www.axeasolutions.com

855.424.4249