Identify, work, measure and resolve causes of denials
Bridgestone Healthcare Revenue System’s Denial Management Software (WebDMS™) will increase payment recovery by identifying the root cause of denied claims and providing the tools to facilitate timely resolution. With the use of intelligent work queues, denied charges are automatically routed to appropriate staff members for follow-up.
FREE OFFER
At absolutely no cost to you, BridgestoneHRS will take your data and calculate your facilities’ Denial Recovery Rate, Denials as a Percentage of Charges and any other Key Process Indicators you want to track and report back to you via our Financial Dashboard. We recommend uploading one year of data, but the process works just the same with one week, one month or two years of data, whatever you require. Please allow approximately two weeks from the time we receive the 835 and 837 data before we can have all the graphs, reports and Key Process Indicators updated in the Financial Dashboard. For more information contact Bridgestone Healthcare Revenue Systems at:
Phone: (619) 920-6147
Email: sales@bridgestonehrs.com
Financial Dashboard
Comprehensive reporting allows users to group denied claims into logical categories based on common root causes, allowing informed decisions into corrective actions needed to minimize denials. Trend reports clearly illustrate if denials for any specific reason are increasing or decreasing. Productivity reports display number of claims worked by staff in any time frame amount of time.
Repository for Appeal Letters, Remittance Documents and Bills
All Appeal Letter and related documents (Remittance Advice, Bills, Authorization and Eligibility statements etc) are stored at the account level, instantly retrievable.
Work with any data format
Upload remittance data in any format, including data entry. 835, PDF, Text File, Excel any type of data can be uploaded into the system.
Denials Workshop
We analyze your remittance data and present to you in a summarized and easy to understand format. You will have a complete understanding of your denials volume, where the denials are coming from and if the situation is improving or getting worse. The Denials Workshop is available as often as the client finds beneficial. We suggest once a month, but it can be provided weekly, quarterly or whatever works for you.
Customizable
All components of Web-DMS™ can be modified to the clients requirements.
Key benefits:
- Increase cash collections
- Identify denial trends and root causes
- Increased user productivity
- Monitor user productivity
- Denials Workshop
Denial Management Software: Denial Management Recovery Rate
Do You Know your Denied Charges Recovery Rate (Overturned Denials)? Is your Denied Charges Recovery Rate improving or getting worse? How is it doing by payer, department or service area? Would you like to be able to compare the Denied Charges Recovery rate from one biller to the next? Using BridgestoneHRS’s Denial Management Software package you will know exactly what your Denied Charges Recovery Rate is by payer and in aggregate.
The BridgesetoneHRS Denial Management Software provides our clients a precise and real-time method to measure their current Denial Recovery Rate and view as a monthly trend over 12 – 36 months. The Denial Management Software can “push” the Denial Recovery Rate graphs and statistics out to any staff member each day via clear and easy to understand email messages. The messages are formatted to display in an intuitive graphic that can be viewed on a computer screen, iPad or any mobile device. All data is updated nightly so that at the beginning of each business day the Denial Management Recovery Rate and all other Key Process Indicators (KPI’s) are available to a user within just a couple clicks, even on your phone. The Denial Recovery Rate data and graphs can be categorized and displayed in any manner a client requires. Some examples are:
A: Hospital vs. Professional.
B: Management Areas: IE Registration, Billing, Utilization Review, and Medical Records etc.
C: Logical Groupings: IE: Eligibility, Coding, Filing Limit, Authorization, Billing related etc.
D: Snapshot: Showing the previous days Recovery Rate.
E: Over time via the 6 month, 12 month, 24 month etc. Trend Graphs.
F: Any combination of the above.
