Chicago, IL – January 5, 2018 – The Healthcare Financial Management Association (HFMA) today announced that, following rigorous review, BESLER has once again achieved the “Peer Reviewed by HFMA®” designation for its Transfer DRG Revenue Recovery service.
BESLER’s Transfer DRG Revenue Recovery Service identifies patients transferred to post-acute care for which Medicare’s payment, upon retrospective review, was less than the transferring hospital was entitled to receive, and re-files affected claims to Medicare, recovering otherwise-lost revenue.
“We’re very proud of the fact that our Transfer DRG Revenue Recovery Service is so well regarded among our customers,” said Jonathan Besler, President and CEO of BESLER. “The results of HFMA’s thorough Peer Review process confirm the value that our clients see in the service. Our revenue cycle experts have continuously enhanced our service while keeping the focus squarely on compliance.”
HFMA’s Peer Review process provides healthcare financial managers with an objective, third-party evaluation of business solutions used in the healthcare workplace. The rigorous, 11-step process includes a Peer Review panel review comprising current customers, prospects who have not made a purchase, and industry experts. The Peer Review status of the healthcare business solution and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
“We’re pleased to have BESLER renew their HFMA Peer Reviewed designation,” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed healthcare business solution meets an objective, third-party assessment of overall effectiveness, quality, and value.”
With more than 38,000 members, the Healthcare Financial Management Association (HFMA) is the nation’s premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care.
BESLER combines best-in-class healthcare finance expertise with proprietary technology to help hospitals recover more revenue. Our reimbursement and recovery solutions have delivered more than $2 billion of additional revenue to hundreds of hospitals across the United States. We serve as advocates for hospitals, so that they, in turn, can better advance the health and well-being of their patients.