OVERLAND PARK, Kan. (August 20, 2020) – eSolutions, the industry’s leading Medicare billing experts, recently updated its Medicare Analytics product to make Medicare reimbursement faster and more accurate.
The newly enhanced Medicare Analytics tool delivers the most detailed, transparent claim data in the market. It provides in-depth analysis on outstanding payments, revenue recovery and miscalculated reimbursement so providers can improve workflows, processes and, most important, payment accuracy and speed.
“Medicare Analytics delivers incomparable Medicare revenue cycle data and insights,” said Chris Hart, eSolutions Chief Product & Strategy Officer. “It’s not just our reliable, fast access to Medicare, it’s what we do with the data – we provide unsurpassed claims data so providers can maximize cash flow.”
The Medicare Analytics reporting tool offers direct access to Medicare’s claim adjudication system and allows eSolutions to systematically review and check the status of 100% of a provider’s Medicare Part A facility claims.
Daily, weekly and monthly provider reports offer complete visibility into a provider’s Medicare reimbursement. In short, providers who use Medicare Analytics more precisely understand the reasons preventing them from sending a clean claim on first submission.
“Using detailed Medicare data you can’t easily get from FISS or other solutions, Medicare Analytics provides automated insights and reporting on rejected and denied claims, and claims in Inactive, Return to Provider (RTP), Additional Development Request (ADR) status,” Hart said. “Providers can easily mark these claims for follow up and even see their forecasted revenue.”
These insights are crucial for providers, because Medicare offers only a limited time and opportunity to work RTPs and ADRs and receive full reimbursement. The cost to track claims in FISS and rework them reduces margins. With granular RTP details now available via Medicare Analytics, providers have transparency into RTP claims and can take necessary action – especially because their existing electronic health records or practice management systems won’t provide this level of insight.
“To be profitable, providers need to make quick and accurate Medicare reimbursement a priority,” Hart said. “For more than 20 years, our Medicare tools have helped maximize Medicare payments. We’re proud to share these enhancements to our flagship tool and help providers turn problematic claims into revenue.”
Learn more by visiting www.esolutionsinc.com or call 866-633-4726.
eSolutions’ powerful, easy-to-use revenue cycle and workflow management tools, paired with actionable data insights, strengthen our clients’ revenue health by shortening the time between claims submission and payment, reducing audit and compliance risk, improving overall operational outcomes and ensuring healthcare providers are paid accurately for the care they deliver through our revenue integrity solutions. For more than 20 years, providers of all types, including the nation’s largest post-acute care organizations and health systems, have trusted us to deliver innovative solutions and second-to-none client service. We find deep satisfaction and purpose in finding solutions to tough challenges and caring for our clients just as they do their patients. For more information, visit www.esolutionsinc.com.