Proprietary Solution From AmeriVeri Identifies Medical Coding Errors Before Payment

GREENWOOD, Ind., Aug. 17, 2015 /PRNewswire/ -- Accuracy, consistency and efficiency are the value propositions of AmeriVeri (http://www.ameriveri.com/), the innovative verification solution to the ongoing challenge of eliminating medical coding and billing errors. The solution's beauty lies in its ease of implementation and zero learning curve – AmeriVeri does not replace any existing systems or processes, but rather adds a cushion of accountability that has proven to catch even the smallest errors. As electronic medical records proliferate, so too will the need for creative strategies for combatting waste, reducing mistakes and guaranteeing patient-centered care.

"AmeriVeri enhances today's coding and billing processes," remarks Operations VP Martin Amberger, "and it does so without introducing new opportunities for mistakes or systems to learn. When data is submitted, our proprietary software verifies each line, and then outputs a report for the client. The system could not be simpler."

The AmeriVeri system consistently finds coding errors missed by other safeguards and processes, and the system can be configured to meet any provider's specialized requirements. AmeriVeri does not replace a provider's billing system but rather adds an important new layer of accuracy assurance.

The process begins with encrypted and secure FTP transmittal of provider data. In less than an hour, AmeriVeri returns a full report of the data in any format requested by the client. The report earmarks problematic lines, providing a reason code and description in each case to support the system's recommendation of nonpayment. Providers can choose whether to correct any line errors and resubmit for payment, as the circumstances warrant.

Every provider takes its own approach to resubmittal. A high rate of resubmissions, for instance, indicates that AmeriVeri is identifying bona fide errors that could affect the continuity of patient care, and the provider is being faithful and proactive in terms of accuracy. Alternatively, employers and payers can realize substantial, measurable savings when providers resubmit billing codes less frequently. The beauty of AmeriVeri is its seamless adaptability to a variety of usage scenarios.  

Reporting on the American Medical Association's 2013 National Health Insurer Report Card, Healthcare Payer News examines how the "cost of getting paid" absorbs too much revenue from the typical medical practice. In the meantime, private insurers waste up to $12 billion annually by not incorporating innovative automation to claims processing and payment. AmeriVeri offers a proactive solution for providers that want to optimize their revenue stream and trim the costs associated with systemic errors.

Those mistakes, of course, often result in more than a simple clerical error. Inaccurate patient histories and misdiagnoses can have far-reaching impacts. Similarly, ongoing healthcare reform and the subsequent growth of the insured population have put new pressures on insurance companies to maintain their profit margins. AmeriVeri protects all parties in the healthcare transaction through its verification of medical coding and billing.

Concluded Amberger: "The combination of healthcare reform and electronic medical record keeping have pushed many healthcare providers to their administrative and technical limits. AmeriVeri provides needed verification and accuracy."

About AmeriVeri

AmeriVeri CR, LLC was founded in 2010. The company is privately held, and is located in Greenwood, Indiana. Our nationwide team provides services in the major medical, workers' comp and Medicaid arenas.

Contact:

Martin Amberger, VP Operations
888 354 8776 ext 704.
Email

SOURCE AmeriVeri

Related Links

http://www.ameriveri.com