Chicago — March 28, 2013 – The Healthcare Financial Management Association (HFMA) recently reviewed AcciClaim™, the Accident Claims Management Solution of Medical Reimbursements of America (MRA), using the Peer Review Process. After undergoing the rigorous review, MRA has been awarded the “Peer Reviewed by HFMA®” designation.
AcciClaim™ Accident Claims Management is an innovative solution that uses rules-driven workflow to streamline the complex activities required for hospitals to get fully-paid for Motor Vehicle and Workers’ Compensation accidents. Accident claims are only a small percentage of total claims but, when managed correctly, they can provide the highest reimbursement rate of any financial class. Hospitals often lack the dedicated resources and expertise to fully collect these difficult-to-work claims, however, MRA bridges the gap by offering technology-enabled services built on the new AcciClaim™ technology platform.
“Accident Claims Management represents an often overlooked source of additional revenue for hospitals and an important opportunity to combat negative reimbursement pressure,” said Lyle Beasley, MRA President. “We are proud that HFMA Peer Review recognizes the quality of our solution, and look forward to continuing to help our hospital clients improve their financial performance with AcciClaim™.”
HFMA's Peer Review process is designed to provide healthcare financial managers with an objective third-party evaluation of products and services used in the healthcare workplace. The rigorous, 11-step process includes a panel review made up of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value and customer and technical support.
“HFMA’s Peer Review process provides our membership with the assurance that those who have earned the designation have met a rigorous screening process,” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “The Peer Reviewed designation helps members and others identify and evaluate products and services that their organization may need. It can also create brand awareness and recognition in the healthcare finance marketplace for Peer Reviewed products and services."
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 39,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues.
Healthcare Financial Management Association
About Medical Reimbursements of America
MRA delivers technology-enabled services that get hospitals paid more for accident claims. Our innovative technology platform, AcciClaim™, automates and streamlines the complex activities required for hospitals to get fully-paid for Motor Vehicle and Workers’ Compensation accidents. Our dedicated focus, extensive domain knowledge and proprietary operating systems enable us to optimize reimbursement for hospitals and health systems nationwide. Founded in 1999 and based in Brentwood, TN, MRA is a recognized leader in Accident Claims Management, serving over 300 hospitals in 38 states and resolving over $1 billion in accident claims annually. medicalreimbursements.com
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Medical Reimbursements of America