BESLER Consulting, a leading provider of comprehensive revenue integrity services to healthcare organizations, is pleased to announce that it has entered into a strategic marketing agreement with MedAptus Inc., headquartered in Boston, MA.
Under the agreement, BESLER will market the MedAptus charge capture and management suite of solutions to its clients, and MedAptus will promote BESLER’s revenue recovery and compliance services.
Professional Charge Capture (Pro)
The MedAptus Pro offering is a flexible, scalable application in use at single-specialty groups, multi-specialty clinics and academic practice plans/IDNs. Pro offers dual ICD-9 and ICD-10 coding functionality for physicians, mid-level extenders and residents while administrative support personnel benefit from the ability to reconcile, review and report on charge activity in real-time. Customers utilizing Pro have experienced increased revenue, accelerated cash flow, and better business office productivity as a result of adoption.
Technical Charge Capture (Tech)
The patented MedAptus Tech product eases and standardizes outpatient facility billing by automating the charge creation process across a care team. A key feature of Tech is its ability to translate physician procedural coding on the professional side into appropriate charge data master (CDM) codes for billing. Additionally, the Infusion Services Module, an available component of Tech, simplifies the challenging process of infusion charge capture for outpatient chemotherapy clinics and emergency departments.
Coding Compliance Subscription Audit Service
Many healthcare organizations are struggling with the volume and demands of healthcare compliance and regulatory audits. The BESLER Coding Compliance Subscription Audit Service is designed to provide hospitals with the means to obtain consistent expert auditing services at a fixed annual cost. The BESLER Coding Compliance Subscription Audit Service structure offers flexibility in choosing the number of audits per year, the number of cases per audit and types of audits needed to support your organization.
BESLER utilizes proprietary software to efficiently work through the identification and follow-up tasks required to validate the accuracy of Medicare billing, to ensure compliance and to make final determination of IME and Transfer DRG underpayments. BESLER also offers the BVerified℠ suite of web-based solutions, which allows providers to bring the work of identifying, prioritizing and recovering Medicare underpayments in-house.
After undergoing a rigorous review, BESLER’s Transfer DRG Revenue Recovery Service was recently awarded the “Peer Reviewed by HFMA®” designation by the Healthcare Financial Management Association. *
“There is a great fit between BESLER’s compliance services and MedAptus’ charge capture solutions,” said Jonathan Besler, BESLER’s President and Chief Executive Officer. “We frequently consult with hospitals on both the operation and the acquisition of physician practices, and we’re constantly seeking new ways to ensure a higher degree of revenue integrity. The MedAptus software is practice-proven to substantially drive revenue while promoting adherence to complex compliance requirements. We believe that our clients will be interested in what MedAptus has to offer and likewise, we look forward to helping MedAptus customers improve their financial position with our revenue recovery services.”
“BESLER has a rich history of unique consulting expertise which makes our new partnership valuable to our customers and hospitals nationwide,” said Gene Schneider, President and Chief Executive Officer of MedAptus. “BESLER has acquired the prestigious HFMA Peer Reviewed status, while MedAptus recently announced its fourth consecutive year of KLAS leadership – these accolades demonstrate our organizations’ commitment to excellence. The combination of the MedAptus technology along with BESLER’s consultative capabilities will exponentially increase the value of our respective services. We are actively promoting our joint mission and are excited about the future of this nicely aligned partnership.”
About MedAptus Corporation
MedAptus is the Gold Standard in the healthcare revenue cycle for achieving effective charge management, compliance and workflow efficiency. With offerings that include powerful and easy-to-use charge capture and management technologies, it is no wonder that many of the nation’s most prestigious healthcare organizations rely on MedAptus for financial optimization. Our full-scale Professional, Technical, and Infusion applications increase revenue, enhance EMR investments, re-engineer manual processes and yield substantially improved productivity. For more information, visit www.medaptus.com, call 617.896.4000 or follow us on Twitter @MedAptus.
About BESLER Consulting
For over 25 years, BESLER has helped hospitals recover otherwise lost revenue, increase reimbursement, ensure compliance, improve efficiency and reduce costs. BESLER’s deep domain experience in revenue cycle, reimbursement, compliance and software development has resulted in more than one billion dollars of additional revenue for our clients. For more information, visit www.besler.com, call 609.514.1400 or follow us on Twitter @BeslerDotCom.
* HFMA staff and volunteers determined that this service has met certain criteria developed under the HFMA Peer Review Process. HFMA does not endorse or guarantee the use of this service.
BVerifiedsm is a service mark of Besler & Co., Inc. d/b/a BESLER Consulting