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How Can a SaaS-Based Medicare Claims Re-Pricing Solution Help You Save Time and Money While Preventing Overpayment?
Amidst growing competition, more than 17 million beneficiaries – representing 31% – now opt for private payer-offered Medicare Advantage plans. Consequently, payers are vying to innovate and expand into lucrative markets.What Drives Success for Payers?To succeed, payers need the precision of an automated CMS re-pricing solution that aligns with the latest policies and rates. Manual…
Reference-Based Pricing Can Lower the Rising Cost of Medicare Healthcare Costs!
Reference-based pricing (RBP) presents a groundbreaking approach to health care reimbursements, designed to tackle the skyrocketing costs by linking claim payments to a standardized benchmark, often Medicare rates. Here’s why RBP is garnering attention: Understanding Reference-Based Pricing RBP pivots towards using Medicare rates to set payment standards. Unlike traditional PPO plans negotiating individual provider rates, RBP…
Navigating Medicare Repricing: Safeguarding Your Financial Health
Effectively managing Medicare claims can be an intricate endeavor, and the intricacies of claim repricing often add to this complexity. Without proper training, these challenges can lead to significant revenue losses for organizations. Fortunately, user-friendly revenue cycle management software can streamline claim management. However, in-home care organizations must grasp the fundamentals of claim repricing with…