ZirMed expands denial management solution
ZirMed, the cloud-based enterprise financial and clinical performance management provider for healthcare, unveiled it is launching a new denial and appeal management solution, expanding its denials management technology to give healthcare organizations an automated end-to-end solution to reduce denials.
ZirMed’s Denial and Appeal Management solution provides a workflow for managing denials efficiently in real time. The solution’s new capabilities include a completely paperless appeals process which has decreased time spent recovering claims by 66 percent for pilot clients. Payer-specific paperwork is automatically provided, accurately auto-populated and printed and mailed on the provider’s behalf. The solution also automatically filters out any unnecessary adjustments so staff can only see the denials that need to be worked.
“The cost of reworking claims has historically been extremely high and many providers don’t have the time or resources to aggressively pursue claim adjustments,” said Tom Butts, CEO, ZirMed. “We’ve already had success putting denial and appeal technology to work in the hospital setting, which is why we expanded the solution to physician groups and ancillary providers to help the entire healthcare system reduce denial rates and capture every dollar that they deserve.”
ZirMed will showcase its new denial and appeal management solution through in-booth demonstrations at the Healthcare Financial Management Association’s 2015 National Institute (HFMA ANI 2015), Booth #417.