Chicago – March 27, 2014 – The Healthcare Financial Management Association (HFMA) recently reviewed the Auditz Payer Search service using the Peer Review process. After undergoing the rigorous review, Auditz Payer Search has been awarded the “Peer Reviewed by HFMA®” designation.
Auditz Payer Search is a premier eligibility solution that assists hospitals and healthcare providers perform complex revenue cycle tasks more effectively. Auditz Payer Search identifies incremental Medicaid, Medicare, commercial and third-party coverage for uninsured and underinsured patients. Through the use of advanced technology and decades of experience in healthcare revenue cycle, Auditz is able to deliver a unique and comprehensive solution to its clients.
"Auditz is honored to have our Payer Search service receive the respected Peer Review designation from the Healthcare Financial Management Association,” said Mark McVeety, President of Auditz. “This accomplishment highlights the benefits and satisfaction our services provide to our clients and partners. Auditz is dedicated to assisting hospitals improve their revenue cycle performance in ways that are less costly and disruptive to the hospital and patient.”
HFMA's Peer Review process provides healthcare financial managers with an objective third party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review comprised 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 undergone a rigorous screening process,” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “The Peer Reviewed designation helps both members and non-members identify superior products and services. 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 40,000 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 the indispensable resource for healthcare finance.
Auditz is a leading provider of revenue cycle solutions to hospitals and healthcare providers. Auditz offers technology-enabled services that allow for the identification of unknown patient eligibility and certain coding and payment inaccuracies. Auditz has a deep understanding of the ways in which hospitals can be financially penalized for difficult revenue cycle tasks and works as a partner with hospitals to improve their existing processes. Auditz’s proprietary software allow clients to gain immediate benefits compared to traditional methods which are often more costly and disruptive to the hospital and patient.