ATLANTA--(Navicure, a leading Internet-based medical claims clearinghouse for physician practices, today announced the release of its new Navicure Receivables Manager, a central repository for insurance denials, appeals and payments, that streamlines denial and appeal management by automating the entire process. The solution, which is an evolution of Navicure’s ERA Filing Cabinet, helps physician practices decrease days in A/R, accelerate cash flow and improve staff productivity.)--
“Our goal is to continue to provide solutions, like Navicure Receivables Manager, that will streamline our clients’ workflow, increase the speed of cash flow and enhance their bottom line.”
The solution enables practices to identify the most common denial reasons, streamline the denial workflow process with personalized work lists and create individual appeal letters, including supporting documentation. In addition, with the Navicure Receivables Manager’s dashboard, practices can easily track the progress of their denied and appealed claims, giving them more visibility into this important aspect of the revenue cycle.
With Navicure Receivables Manager, practices can also:
- Easily follow-up and track claim denials and appeals with advanced, in-depth reporting with two years of data and over 20 searchable fields.
- Save time researching denial information and preparing for RAC Audits with the ability to search denied claims for specific remark and reason codes.
- Appeal denied claims quickly using pre-populated letters and payer-specific forms.
- Customize work lists for role-based reporting which allows practices to leverage users’ skill sets and proactively reduce the same reason for denials in the future.
“With declining reimbursements and impending healthcare changes, it is critical that physician practices have tools to help them collect what they have rightfully earned,” said Craig Bridge, COO of Navicure. “Our goal is to continue to provide solutions, like Navicure Receivables Manager, that will streamline our clients’ workflow, increase the speed of cash flow and enhance their bottom line.”
Navicure is a leading Internet-based medical claims clearinghouse that helps physician practices increase profitability through improved claims reimbursement and staff productivity. Serving over 30,000 healthcare providers in practices nationwide, Navicure’s solutions automate account receivables processes, including primary and secondary claims reimbursement; patient eligibility verification; rejected and denied claims management, including appeals; electronic remittance and posting; claims and remittance reporting and analysis; and patient statement processing. Navicure’s solution is supported by its unique 3-Ring™ Client Service which guarantees that a client service representative will answer every client call in three rings or less.
Navicure is a member of the MGMA AdminiServe® Partner Network, an exclusive group of pre-screened, peer-reviewed and tested vendors. Navicure is also the founding sponsor of www.icd10hub.com, a free educational website devoted to making physician practices’ transitions to ICD-10 and 5010 easier. Navicure continues to be ranked among the fastest growing companies nationally in the Inc. 5000 and Deloitte Fast 500 rankings. For more information, please visit www.navicure.com.