February 2, 2015 - Paramus NJ - Advanced Data Systems (ADS), a leading provider of ICD-10 compliant medical systems, is reporting a remarkable, 99% clearinghouse success rate on first-attempt claims submitted through its Medics systems in calendar year 2014. ADS also had an enviable, 98% success rate on first-attempt claims in calendar year 2013.
Statistics are provided by Emdeon, the largest financial, administrative and clinical health information network in the nation. Emdeon processes more than seven billion transactions with a claims value of $1 trillion annually.
David Barzillai, President of ADS, said, “Steadily high rates of success on first-attempt clearinghouse claims submitted through systems from ADS means our clients have experienced an extraordinary number of reimbursements on their clearinghouse claims. This is especially evident with our 99% success rate in 2014.”
The company recognizes that a clearinghouse success rate as outstanding as 99% also means there will be a handful of denied claims. Mr. Barzillai addressed that by saying, “Denied claims need not languish unpaid in piled-up, unworked files since the Medics Claim Denial Manager - a powerful financial tool designed to turn denied claims into revenue - is built directly into our MedicsPremier™ system. Operating in real time, denial reasons are displayed on each claim. Edits are made by the user, and the corrected claims can be resubmitted all from one window.”
With a 99% success rate on first-attempt clearinghouse claims, and the Medics Claim Denial Manager to assist with any denied claims, medical practices and revenue cycle management companies can be confident in realizing a maximum number of reimbursements on clearinghouse claims. This is particularly noteworthy at a time in the industry when every reimbursement counts. Tens of millions of claims and EDI transactions of every type are processed through systems from ADS annually.
MedicsPremier also contains the built-in Medics ICD-10 Code Converter. The system has been compliant and ready since ICD-10’s first deadline date. More information on ADS and its Medics Solutions Suite can be obtained by calling 800-899-4237, Ext. 2264, by emailing info@adsc.com, or by clicking the button below to find out more about scheduling your own live, personalized demo.
About Advanced Data Systems: ADS is a leading provider of interoperable automation solutions to medical practices, behavioral health practices, imaging centers, and to revenue cycle management companies. The Medics Suite from ADS includes MedicsDocAssistant V.7.0 which is certified as a complete EHR for Stage 2 Meaningful Use, the MedicsPremier™ and MedicsElite™ systems for comprehensive practice management, and MedicsRIS™ for radiology. ADS Revenue Cycle Management is also available for practices that prefer outsourced services. The Medics Suite is integrated as a unified solution or can be obtained separately per the needs of the practice. They can be utilized Cloud / ASP or customer hosted (Client Server) format. ADS provides quick Implementation, comprehensive Training and excellent ongoing Support with Updates. Thousands of providers rely on solutions from ADS.