Quickly identify and successfully overturn denied claims with denial management software
Providers We Work With
Take Control of Your Denied Claims
Managing denials are a huge burden and cost to the healthcare revenue cycle.
Denials often occur at a rate of 10% - 15% of all claims and after the re-billing and appeal process, this translates to a 2 – 3% bottom line impact.
With PMMC's denial management software and workflow, you can:
Quickly identify and resolve denials to increase reimbursement
Improve your appeals
Better manage and monitor denials using analytics
Unlock unexpected results with RecoveryAI™
4 Metrics of Contract Management
For healthcare providers struggling to generate consistent revenue growth, establishing a foundation of benchmark metrics for measuring the financial performance of your contract management system can be the difference in driving your bottom line.
Quickly Identify and Resolve Denials to Collect on Reimbursement
Denials are costly and time consuming. Healthcare providers need to prioritize denials that have the highest impact on net reimbursement.
Our denial management software provides the ability to group denial code types and denial categories, including Soft, Hard, Clinical and Technical/Administrative denials. Providers also need the ability to define the hierarchy of the denial and reason codes.
By categorizing medical billing denials, your staff can spend time appealing denials that have a real chance of being overturned, increasing your collection opportunity.
Improve Your Appeals
Staff members can easily check the claim and appeal status, document all interaction with the insurance company, patient, or responsible party and produce appeal documentation. By providing your coding staff with a denial management system, you will be able to minimize denial write-offs and improve your bottom line.
Spotlight Hidden Denial Trends with Analytics
With analytics and dashboards, you can better understand overall historical denials trends and understand how payers are behaving against their peers.
Analytics also gives healthcare providers a macro-view of all payers combined, or the payer at an individual level.
Unlock Unexpected Results with RecoveryAI™
RecoveryAI™ is an advanced solution for hospitals looking to optimize their underpayment and denial outcomes. By leveraging the power of machine learning and analyzing hundreds of millions of transactions, RecoveryAI™ provides valuable insights that allow you to pivot your recovery to a more proactive approach. With its cutting-edge technology and advanced algorithms, RecoveryAI™ gives you a proven level of visibility and control over your recovery process, enabling you to make informed decisions and achieve greater results.