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What is MDaudit?

MDaudit represents a cutting-edge, cloud-based solution that integrates billing compliance, coding audits, and revenue integrity processes tailored for a range of healthcare organizations such as hospitals, surgical centers, and physician networks. The platform supports various types of audits, including scheduled, retrospective, risk-based, and those focused on denials. By automating the collection of data from pre-bill charges, claims, and remittance information, MDaudit effectively triggers audit workflows, detects anomalies and high-risk patterns, and provides real-time dashboards equipped with detailed analytics that help uncover the root causes of billing errors, denials, and revenue deficits. Notably, it features a “Denials Predictor” to validate claims prior to submission, alongside a “Revenue Optimizer” that supports continuous risk monitoring, both of which are crucial for organizations aiming to reduce claim denials, lower recoupments, and enhance revenue capture. Additionally, MDaudit simplifies the management of payer audits by offering a secure and centralized platform that streamlines the handling of external audit requests and facilitates the necessary documentation exchange, thus significantly boosting operational efficiency. The extensive capabilities of MDaudit ensure that healthcare providers are better equipped to uphold stringent standards of compliance and revenue management while adapting to the ever-evolving healthcare landscape. By integrating such advanced tools, MDaudit not only empowers healthcare entities to optimize their financial performance but also fosters a culture of accountability and transparency across operations.

What is Experian Health?

The patient access process is crucial for establishing the entire revenue cycle management within the healthcare sector. By ensuring the accuracy of patient information from the beginning, healthcare providers can significantly reduce errors that frequently result in increased workload for administrative teams. Notably, a substantial 10 to 20 percent of a healthcare system's income is allocated to resolving denied claims, with an alarming 30 to 50 percent of these denials arising from the initial patient access stage. Shifting towards an automated, data-driven workflow not only reduces the likelihood of claim denials but also improves access to patient care, facilitated by capabilities like 24/7 online scheduling. Additionally, refining patient access can be achieved by optimizing billing procedures through real-time eligibility verification, which equips patients with accurate cost estimates during the registration process. Moreover, enhancing the precision of registration not only boosts staff productivity but also allows for the quick correction of discrepancies, thus averting costly claim denials and the necessity for further administrative adjustments. In the end, concentrating on these aspects not only protects revenue but also significantly enriches the overall experience for patients, making healthcare more effective and accessible for everyone involved.

Media

Media

Integrations Supported

Integrations Supported

ABLE Platform

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

MDaudit

Date Founded

1993

Company Location

United States

Company Website

mdaudit.com

Company Facts

Organization Name

Experian Health

Date Founded

1994

Company Location

United States

Company Website

www.experian.com/healthcare/products/patient-access-registration

Categories and Features

Categories and Features

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