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SERVICES
Managed Care Professionals, Inc. (MCP) offers an array of third party
reimbursement services to the healthcare industry for providers and payers. Our
services include, but are not limited to, retrospective and concurrent
underpayment and overpayment detection and collection, third party contractual
allowance postings at time of billing, shadowing and correcting of client's
system, and contract modeling and negotiations.
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Retrospective Underpayment and Overpayment Claim Review
MCP provides a Retrospective Review of client third party contractual
reimbursement including Managed Care, Blue Cross, and Government Payers. We
identify and collect all underpayments and overpayments for the most recent two
to three year period. This review is an important technique to monitor past and
future contract performance, and collect previously unidentified revenue.
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Concurrent Underpayment and Overpayment Claim Review
MCP provides a Concurrent Review of client third party contractual
reimbursement for all payers, both Inpatient and Outpatient. MCP assures all
potential or actual underpayments and overpayments are identified and collected
(if necessary) in a timely manner, thereby increasing your cash flow. This
service is performed both pre and post adjudication. Upon receipt of the
initial third party payment, MCP immediately identifies, pursues, and collects
all underpayments and overpayments. No incorrect reimbursement goes
unidentified or uncollected. This ongoing daily review provides clients
increased cash flow, improves overall days outstanding, and avoids any timely
follow-up limitations present in many third party contractual agreements.
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Proprietary Software - Third Party Reimbursement Calculation
Engine
MCP's proprietary software, A Third Party Payer Calculation Engine and
Adjudication System, provides an ASP solution to clients who recognize and
realize the importance of being proactive and better prepared prior to the
issuance or receipt of initial third party payments.
Utilizing MCP's calculation engine, clients are assured that their expected
payments are correct at time of billing. This pre and post adjudication service
includes calculating and providing the accurate contractual allowance at time
of billing for ALL Inpatient and Outpatient third party payers including
Managed Care, Medicare, Managed Medicare, Medicaid, Managed Medicaid, and
Worker's Compensation. MCP will correct and supplement client's in-house
calculation engine, or become the sole provider of such function. This is an
ideal alternative to assure all Inpatient and Outpatient third party
reimbursement functions are monitored and reported accurately daily and
ongoing.
MCP requires a minimal data feed to accommodate our services. This data
includes flat file uniform bills (UB04 or UB92, CMS1500), primary payer code
and actual reimbursement or expected reimbursement, and a copy of the third
party agreement.
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© Copyright 2009 Managed Care Professionals. |
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