Published: 2009-12-04 07:35:45
Author: Hayes Management Consulting | December 3, 2009
Newton, MA – Hayes Management Consulting announced today that compliance auditors are now reviewing the billing of more than 50,000 providers with its MDaudit™ Professional compliance audit software.
By automating many of an auditor’s administrative tasks, MDaudit significantly improves productivity, audit accuracy, quality and helps to maximize revenue. Additionally, the software provides a standardized process and set of measures which allow an organization to evaluate all departments in its organization and measure improvements over time.
MDaudit Professional is used by more than half of the “honor roll” of top healthcare organizations as ranked by US News & World Report.
One of the few undisputed issues in healthcare debates is the need for additional cost controls. MDaudit Professional not only helps detect mistakes and prevent fraud, but it also supports efforts to correct problems at their origin, saving healthcare organizations rework costs associated with refund/rebills and claim corrections.
“We are committed to continued quality improvement in every aspect of our practice,” says Mark Cantrell, Chief Compliance Officer, of Duke University Medical Center’s faculty physician organization, Private Diagnostic Clinic (PDC). “By improving the quality and efficiency of our billing compliance system, we will have more time to assist physicians so that they can spend more time with patients.”
“When services are properly coded, everyone wins,” says Pete Butler, President of Hayes Management Consulting. “Compliance officers can mitigate risk, financial executives can monitor the ‘money left on the table’ through undercoding, and physicians can enjoy accelerated reimbursement and enhanced coding education.”
About Hayes Management Consulting
Hayes helps healthcare organizations improve profitability and efficiency through consulting services and software solutions such as MDaudit Professional and MDaudit Hospital. Hayes is ranked the Top Professional Services Firm by KLAS (2007, 2008)*, and has received Best in KLAS awards since 2005. For more information, visit www.HayesManagement.com.