TMCnet News
Alpha II Gets Contract with Data Media AssociatesApr 02, 2012 (Close-Up Media via COMTEX) -- Alpha II, a company focusing on healthcare coding, compliance and reimbursement, announced a contract with Data Media Associates of Alpharetta, Ga. In a release the company said that the print and mail outsourcing company for medical billing offices will offer Alpha II's ClaimStaker product as a fully supported claim-scrubbing product component for its customers. The partnership will allow Data Media Associates' users to verify both professional and institutional claims from the payer's perspective using Alpha II's medical necessity and coding edits database. The first Data Media Associates customer went live with the claim-scrubbing technology in November 2011, while others will begin implementation soon now that the HIPAA 5010 standards are in place throughout their respective practices. "Claims are the lifeblood of medical groups, and at a time when revenue is increasingly at stake, using technology to ensure our customers are submitting clean claims the first time is extremely beneficial in saving important resources such as time and money," said Bob Murphy, founder and president of Data Media Associates. "Alpha II's expertise and the significant database of edits it offers far exceed any edits we've seen done in most billing systems. We only wish we would've partnered with Alpha II sooner." Using essentially the same technology payers use, Alpha II said its ClaimStaker is designed to improve claim validity and increase cash flow for providers by editing claim files prior to submission. It can be integrated by Alpha II's developer partners as embedded software or implemented as a stand-alone solution. "ClaimStaker has helped many practices increase revenue, reduce denials, meet compliance regulations, and monitor and improve coding practices," said Marla Harmon, vice president of operations for MEGAS, LLC, one of the software developers behind the Alpha II cobranded solution. "We look forward to providing automated claims evaluation and decision support to the customers of one of the largest statement processing businesses in healthcare to help them meet their reimbursement initiatives." More information: www.alphaII.com. ((Comments on this story may be sent to [email protected])) |
