|By Business Wire||
|February 5, 2014 09:02 AM EST||
Navicure, a leading healthcare payment solutions provider for hospitals, physician practices and billing companies, today announced the availability of Navicure Code Source. The online tool gives physician practices a research platform to help practices select the most accurate code for improved billing, revenue cycle management and coding workflow.
Navicure Code Source provides practices with a valuable resource for continuous coding and compliance training both pre- and post-ICD-10. The tool stores more than 75,000 ICD-9, ICD-10, HCPCS and code modifiers, and it will be regularly updated with the most current Centers for Medicare and Medicaid Services (CMS) directives. Additionally, users are able to:
- Get expert coding advice from veteran coding staff and colleagues from other medical practices via the online users’ forum.
- Reduce A/R days as the tool can determine which diagnosis codes can be billed with which procedures and modifiers, helping prevent payer rejections and denials.
- Determine the ICD-10 codes that correspond to ICD-9 codes to ease training efforts and ensure accuracy, which reduces the need to increase coding staff during the transition.
- Access up-to-date reimbursement guidelines to help plan for potential lost revenue during the ICD-10 transition.
“Navicure understands the transition to ICD-10 may be overwhelming for practices, so we are connecting providers with valuable insights and resources to help them manage this process more efficiently,” said Jim Denny, founder and president of Navicure. “This new coding tool is a standalone application that will consolidate hard-to-use, disparate coding information to help practices with their ongoing training efforts not only leading up to the compliance date, but more importantly, beyond the transition.”
As part of its educational outreach, Navicure offers a number of ICD-10 resources and tools, including webinars; white papers; resource guides; the ICD-10 Hub, an educational website devoted to making the transition to ICD-10 easier; and the ICD-10 AnalyzerTM, a free online tool that gauges the impact of ICD-10 on claims reimbursement.
Find out more about the Navicure Code Source here.
Navicure’s healthcare payment solutions help provider organizations increase revenue, accelerate cash flow, and reduce cost from managing insurance claims and patient payments. Serving over 50,000 healthcare providers nationwide, Navicure’s technology solutions automate account receivables processes, including primary and secondary claims reimbursement; patient eligibility verification; rejected and denied claims management, including appeals; electronic remittance and posting; claims and remittance reporting and analysis; and patient statement and payment processing. Navicure’s solutions are supported by its unique 3-Ring® Client Service which guarantees that a client service representative will answer every client call in three rings or less, even during times of transition such as 5010 and ICD-10.
Navicure is the exclusive revenue cycle solution of the MGMA AdminiServe® Partner Network. The company received “Best in KLAS” distinctions for the claims and clearinghouse services market segment as part of the 2008, 2010 and 2012 Best in KLAS Awards: Software & Services report (www.KLASresearch.com). KLAS is a leading source of information on healthcare information technology vendor performance. Navicure also received the 2013 Gold Stevie Award for Healthcare Customer Service Team of the Year as part of the 2013 Stevie Awards for Sales and Customer Service.
Navicure is the founding sponsor of www.icd10hub.com, a free educational website devoted to making physician practices’ transitions to ICD-10 easier. Additionally, ICD-10 Analyzer by Navicure (navicure.com/icd10analyzer) is a complimentary online tool that enables medical billers to identify the ICD-9 codes that will most impact a user’s payer reimbursement and suggest corresponding ICD-10 codes. Navicure continues to be ranked among the fastest growing companies nationally in the Inc. 5000 and Deloitte Fast 500 rankings. For more information, please visit www.navicure.com.
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