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MDeverywhere 1
Physician-CentricRevenue Cycle Management Company
Christina Patrick Director of Business Development
2010
MDeverywhere 2
About MDeverywhere
MDeverywhere’s mission is simple – to increase your practice revenue
Founded 1995, 500+ EmployeesCurrently Serving:
– 3,200 physicians nationwide– Over 60 different specialties– Solo practitioners, group practices, faculty
practices, hospitals
MDeverywhere 3
Software & Workflow
Web-Based Software– Fully integrated practice management and
electronic medical record system– eClinicalWorks is MDeverywhere’s EMR
business partner If requested, we will interface to other EMRs
– Software is delivered as a service via the Internet – No Servers
Workflow– Practice: Schedule & register patients and enter charges via web,
handheld or EMR
– MDeverywhere: Automate the eligibility process, transmit claims, enter payments, appeal denied & underpaid claims, work accounts receivable
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The MDeverywhere Difference
We will increase revenue 5% to 15%
Automate Eligibility
Decrease Denials by 90%
Enforce Payer Contracts
Increase Patient Volume
Visibility&
Control
Earn PQRI & ePrescribing Bonus
MDeverywhere 5
How We Increase Revenue:1. Eligibility Decreases Denials
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How We Increase Revenue:2. Rules Engine Reduces Denials 90%
Handheld & web-based charge capture delivering rules at point-of-care– 15 Million pre-defined Payor Specific rules
including:
– Additional rules built based on your denials = System Gets Smarter
• Incorrect Diagnosis Code• Bundling/Unbundling• Missing Modifiers
• PQRI & E-Prescribe Measures• Invalid Referring Physician• Global Period Edits
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How We Increase Revenue:3. PQRI & E-Prescribing Rules = 4.0% Bonus
Physician Quality Reporting Initiative (PQRI)– Rules engine supports the current PQRI quality
measures
– If a patient is eligible our rules engine automatically enters PQRI procedure codes
– Result: 2.0% Medicare bonus
E-Prescribing rules will earn you the 2.0% Medicare bonus
MDeverywhere 8
How We Increase Revenue:4. Payor Contract Compliance
Commercial payors underpay claims by 7%– We build a knowledge base with your payor
contracts and payment rules (multiple surgery reduction, etc.)
We know what you are supposed to be paid on every claim
– Appeal every claim where the payment is less than the contracted amount
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Payor Contract ComplianceIdentify Underpayments
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Payor Contract Compliance Appeal All Underpayments
Wisteria Insurance Company 100 Payor Lane, Suite 100 Big City, FL 77777 Regarding:
Patient Name: Jones, Pat Patient ID Number: 333-33-3333 Provider Name: SMITH, HENRY, M.D Date of Service: 01/04/2005 Payor Claim No.: 121123-12345
Dear Sir/Madam:
According to our agreement with Wisteria Insurance Company, the total allowable indicated on the Explanation of Benefits (EOB) for the above referenced claim is incorrect.
Total Expected Allowable: $97.21 Total Actual Allowable: $89.55 Remaining Allowable Due: $7.66
A Comparison of Allowable report is attached that provides additional detailed information regarding this claim, the services rendered and information regarding expected reimbursement by line item. Please review this information and process for appropriate disposition. If the information that I have provided regarding your obligations and reimbursement policies is in error, please provide applicable details to that effect. If it is not, please adjust the allowed amount and remit any additional monies owed. Your Prompt attention is greatly appreciated.
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How We Increase Revenue:5. Increase Patient Volume
Patient marketing and recall plan– Review current patient database and set
patients up on recall plans (Annual visits, preventative exams, etc.)
Reduce patient no show rate– Appointment reminder system calls patients to
remind them of upcoming appointments
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How We Increase RevenueSummary
Decrease Denials By 90%
+ Earn 2.0% PQRI Medicare Bonus
+ Earn 2.0% E-Prescribing Medicare Bonus
+ Increase Revenue 7% by Enforcing Payor Contracts
+ Increase Patient Volume
= 5 - 15% Average Increase Revenue
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Our Web Based Practice Management and EMR Software offers Improved Visibility, Transparency and a Streamlined Workflow– Patient Ledgers
– Patient Accounts Receivable
– Electronic Medical Record
– Management Reports
Visibility & Control
MDeverywhere 14
Visibility & Control:Patient Ledger
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Visibility & Control: Patient Accounts Receivable
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Visibility & Control: Electronic Medical Record
Receive $44K per provider from the HITECH ACT
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Visibility & Control:Management Reports
Financial Reports– Aging– Net Collection– Denial Summary– Denial Detail– Procedure Analysis– Executive Summary– Payor Mix– Charge, Payment, Adjustment
Web based reports by doctor and department are available to different users based on their access level
MDeverywhere can also create custom reports for your practice
Clinical Reports– Quality Measures– Asthma Control Assessment– Diabetic Compliance
Scheduling Reports– Wait List Status– Appointment List– No-show Summary
MDeverywhere 18
MDeverywhere Services & Fees
Automated electronic eligibility verification reduces benefit denials
Rules engine reduces denials
Payor contract compliance software finds payment errors
Recall and appointment reminder system increases patient volume
Tools to Increase Revenue
Rules engine supports PQRI & e-prescribing = 4.0% Medicare bonus
Web Based Software
Patient Registration & Scheduling
Handheld & Web Charge Capture
Management Reports
Outsource
Billing Functions
Payment Posting
Denial Handling & AR Follow-up
Patient Statements & Calls
In-HouseTraditional MDeverywhere
Basic
Electronic Medical Record Software
Premium Prem Plus
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…our product is a paid claim
www.mdeverywhere.com
Physician Revenue Cycle Management Company