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Physician groups select NHXS to Audit for Underpaid Claims
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| | Sacramento, CA August 21, 2006
Physician groups select NHXS to Audit for Underpaid Claims
Sacramento, CA August 21, 2006—National Healthcare Exchange Services, Inc. (OTC: NHCR.pk), headquartered here, said today it signed contracts with several new medical provider groups representing more than 100 physicians to assist them with analyzing contract performance, identifying underpaid claims and improving coding.
These groups include:
Georgia Lung Associates of Atlanta, GA
Heaton Eye Associates of Tyler, TX
Muskegon Surgical Associates, PLC of Muskegon, MI
Neurological Associates of Columbus, OH
North Ohio Heart Center of Avon, OH
National Healthcare Exchange Services, Inc. (NHXS) provides turnkey solutions to improve payment accuracy and reduce dispute resolution costs for medical providers. These providers will use eobResolve™ to audit, and automatically appeal underpayments on medical claims. The NHXS rules engine maintains current fee schedule, pricing, and clinical edit logic for each payor greatly improving the sensitivity of the audit and making it cost effective to recover even small dollar underpayments.
According to Mark W. Rieger, CEO of NHXS, "There is a small but relevant error rate in the payment of medical claims due to the complex rules used. NHXS converts what is typically an expensive and tedious process to one that is simple and automatic."
"By offering medical provider groups a solution like eobResolve™, we believe a more satisfactory method for dispute resolution can ultimately be achieved, with major benefits for medical providers,” Rieger said.
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