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Opportunities
Our clients are Health Plans, Third Party Administrators (TPAs),
Medicaid MCOs, and MSOs who give highly individualized and personalized service to their clients. For them, responsiveness is critical. Growth is high for many of our clients who have earned the trust of their clients by ensuring compliance as the industry around them changes.
While cost efficiency is foremost in our clients minds, they demand the same level of thoughtfulness in the services they seek from MedValue as the tailor-made products and services they provide their clients.
Challenges
Despite all of the above, our clients face rising costs for claims processing, staff turnover, lack of qualified people and increasing IT capital expenditures. Their customers are highly demanding, the environment is increasingly competitive and are losing their margins.
Services
MedValue works closely with our clients to provide Claims Support Services that meet their unique needs. Our Paper Claims-to-EDI Conversion Services are custom designed for each of our clients who are over burdened by mountains of Paper Claims.
Simple and affordable, MedValue's turnkey solution for paper claims administration cuts claims processing costs, improves accuracy of paper claims adjudication, enhances productivity of claims examiners and archives paper claims for easy and convenient access anytime through an intuitive and secure web interface.
Benefits
- Eliminates handling of Paper Claims
- Cuts Paper Claims Processing Costs by 30%-40%
- Archive, Search, and easily Retrieve Paper Claims at the click of a mouse
- Improves accuracy of Paper Claims Adjudication
- Improves HIPAA and CMS compliance for audit trails and paper claims tracking
- Reduces storage costs
- Improves turnaround times for processing.
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