Panacea to Demonstrate How to Swiftly Identify Revenue Risks and Opportunities at HCCA 23rd Annual Compliance Institute
Panacea to show attendees of the HCCA Compliance Institute, April 7 -10 in Boston, how they can analyze patient-level claims and payment data to proactively uncover risks or opportunities related to coding, compliance or revenue.
ST. PAUL, MN.—April 2, 2019—Panacea, a leading provider of mid-revenue cycle management software, consulting and educational solutions, will show attendees at the Healthcare Compliance Association’s (HCCA) annual Compliance Institute event, April 7 through 10 in Boston, CLAIMSauditor™, the only cloud-based software that offers provider organizations control over coding and compliance risks and a data-driven approach to capturing incremental net revenue gains hidden in their claims and payment data.
“Today’s process of identifying compliance risk at your health system is not simple. It can be resource-intensive, manual, and very subjective,” said Ted Barduson, President and General Manager of Panacea. “CLAIMSauditor™ is designed to help our clients uncover records with the highest probability of risk or opportunity, right from their desktop. We reduce a process that took days down to minutes. Users can combine our pre-existing library of rules with their own to process against an entire health system or region of inpatient, outpatient or physician records.”
Panacea will be exhibiting at the conference in booth 806. Attendees will be able to schedule a demo of the CLAIMSauditor™ software. Those taking the time to see the demonstration will be entitled to a no-cost diagnostic review of their claims data to determine if opportunities or risks exist based on their own data.
“We are excited to meet with compliance professionals attending the conference to show them how our technology can reduce their exposure to risk for medical billing audits, improper payments, claims denials and 501 status audits by the IRS,” said Jennifer Daniels, Vice President, Revenue Integrity at Panacea. “CLAIMSauditor™ provides a means to finally gain control of these complex processes.”
Panacea has been providing pricing and healthcare financial consulting services and technology for over a decade. Its CLAIMSauditor™ software supports focused audits to find problem areas, prioritizes cases with high probability for discrepancies, reduces exposure to risk, provides actionable information, creates reports and reduces dependence on internal IT support.
Visit Panacea at the HCCA Compliance Institute in booth 806 or schedule your FREE CLAIMSauditor product tour at PANACEAINC.COM/CLAIMSauditor