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What is a Medical Bill Review Service?
Computer assisted audit service which save payers time
and money by:
- Providing claims administrators with quick and reliable
methods of verifying the accuracy of provider charges,
- Ensuring conformity to state mandated fee schedules,
- Verifying customary charges for a given geographic area,
and
- Proactively working with the provider community to ensure
fair reimbursement of fees.
Through InterMed’s extensive physician and hospital PPO
networks, substantial savings beyond fee schedules can be
achieved.
InterMed’s Goal
- Accuracy. Our bill analysts perform a
line-by-line review on each bill to ensure an accurate assessment.
This "hands on" attention to detail provides:
- Minimal reconsiderations,
- Elimination of payment penalties,
- Increased bill flow efficiencies,
- Better provider relations, and
- Increased Savings!
InterMed Provides
- A comprehensive training program during system implementation
to facilitate smooth transmittal of bills.
- Periodic reviews to ensure program efficiency and objectives
are being met.
- Precision application software that eliminates duplicate
billing, and consistently identifies over-billing/miscoding
and treatment/charges unrelated to injury.
- 5-10 day turnaround of bills.
InterMed Provides
- An Explanation of Review (EOR) attached to each bill to
identify any reductions or re-coding.
- Parameters for specific number of treatment units.
- Electronic interface with major PPO’s & vendors.
- Internal quality assurance program.
- Verified accuracy of CPT codes and level of service.
- Management reporting -- provided on monthly or quarterly
basis.
- Medical director backup and appeals process.
InterMed Advantages
- PPO Networks used by InterMed include the largest
and most extensive contracts in the Nation.
- Blue Cross, First Health, Focus, InterPlan, Rockport,
Tennessee Health, PPOM, National Choice Care, InterMed
Direct, and Beach Street, to name a few.
- Automatically cycle through multiple PPO networks, searching
for membership in any of our on-line PPO networks, which
are stacked in order of deepest discounts.
Results of InterMed
- InterMed saves an average of 45.5% (national
average) on medical bills.
- Number of medical bills received from In-Network
providers are 55% greater than Industry average.
- InterMed -- 54% vs. 35% Industry average
- Use of the HCO/MCO/MPN increases in-network utilization
to:
- 85% of the time (on the 1st visit), and
- 100% on subsequent treatments (due to the mandatory
re-direction authorized by law).
Technical Innovation
- Electronic billing direct from providers.
- A "true paperless" bill approval process for
examiners.
- Electronic access to all data elements via the Internet.
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