For Further information About NHXS Inc. Call 1-800-753-3638.
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NHXS Becomes MGMA AdminiServe® Partner
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| | Sacramento, CA May 21, 2008
National Healthcare Exchange Services, Inc. (PINKSHEETS: NHCR), headquartered here, said today it became the newest partner in the Medical Group Management Association (MGMA®) AdminiServe® program, the association's preferred supplier network.
The MGMA AdminiServe program connects select vendors featuring products/services with MGMA members who in turn receive discounted rates and other special offers. Vendors and products are selected via a test panel of MGMA members.
NHXS (www.nhxs.com) provides a suite of turnkey Web-based solutions to automate underpayment recovery and contract compliance, perform real-time adjudication, and contract modeling. NHXS builds and maintains the fee schedules, pricing, and clinical edit logic for each payer which serves as the platform for a powerful real-time business intelligence tool. MGMA members can now enjoy preferential pricing for these services.
"Whether it's economic challenges, administrative complexities or keeping pace with industry regulations, our members face immense challenges in their professional lives," said William F. Jessee, MD, FACMPE, MGMA president and CEO of MGMA. "AdminiServe partners such as NHXS help make our members' lives a little bit easier through their products and services."
"MGMA members represent a vitally important market for our services," says Mark Rieger, CEO of NHXS. "They are decision makers for physician groups of all sizes actively seeking solutions that can solve daily real world challenges. In turn, as a benefit to their members the MGMA has been thorough in vetting out our capability and service levels."
The NHXS suite of products includes:
eobResolve—Automatically identifies underpayments and generates appeal letters that are state and payer specific. It includes powerful denial management reports and workflow tools. Payer dashboards allow easy comparison of contract performance.
contractResolve—Easily compare current contracts and model proposed contracts to determine the economic impact of fee schedule changes. Gain critical business intelligence for your payer contract negotiations.
nhxsPricer—This real time adjudication tool allows you to calculate expected allowed and patient responsibility. Improves patient accounts receivable in a market that is increasingly shifting the economic responsibility to the patient.
The MGMA AdminiServe program (www.mgma.com/adminiserve) became a formal affinity program in 2000 and has 15 partners with offerings in billing and coding software, group purchasing, shipping, medical/surgical and office supplies, patient satisfaction and more.
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