Managed Care
The Managed Care Module is a valuable tool used to bridge the gap between an organization providing managed care services and a provider of care contracting to deliver services. The ability to review contract requirements and authorizations allows a company to make informed decisions relating to total client care.
Administrative Benefits:
- Financial Planning
- Use as a budgeting tool
- Track Accounts Receivables
- Track the value of outstanding authorization
- Perform productivity analysis
- Contract Management
- Negotiate contracts
- Monitor profitability
- Evaluate pricing and renewal strategies
- Structure multiple authorization types
- Monitor contract utilization
- Renegotiate contracts
- Standard online reports
Clinical Benefits:
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Review benefits during treatment planning
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Relate service plan to authorization
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Remind of subsequent authorization
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Document authorization utilization
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Perform retrospective analysis of authorized versus provided treatment
Reimbursement Benefits:
- Use Benefit Wizard to give access to:
- Client eligibility and benefits
- Deductible, co-pay and other out-of-pocket expenses
- Bill authorized services
- Optimize rate of reimbursement
- Monitor coordination of benefits
- Track information necessary for resubmission and appeals
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