Revenue Cycle Automation Software Company, GAFFEY Healthcare, Announces Medicare AutoStatus
Plano, TX Apr 29, 2014 – GAFFEY Healthcare, a leading provider of next generation, cloud-based revenue cycle technology & business office outsourcing services, announced today a new module that updates its claim statusing solution, AutoStatus, to now interface with all Medicare Fiscal Intermediaries in addition to major commercial payors.
Interfacing directly with payors to status electronic claims automates the cumbersome and time-consuming process of retrieving and updating patient claim statuses manually. AutoStatus is a cloud-based data management service that allows providers to automatically review which claims have been processed, adjudicated and prioritize those that require further investigation via an AutoStatus dashboard. When used in conjunction with GAFFEY’s workflow automation & business intelligence platform, AlphaCollector, Medicare claims can be prioritized and routed to specific collectors to create workgroups, eliminating non-value added touches due to increased automation. Problem accounts are identified and resolved faster while AlphaCollector provides data and reports to reduce denials and increase clean claim rates.
“Medicare reimbursements oftentimes make up more than 50% of our customers’ AR. Providing automation tools and better visibility into the status of those claims not only gives them a clear picture as to where their AR stands in real-time but also actionable data for follow up,” said Derek Morkel, CEO of GAFFEY Healthcare. “The automated ability to status Medicare claims allows our customers to collect money more efficiently,” he continued.