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What is Parathon?

Parathon has partnered with a wide array of providers, ranging from large integrated delivery networks to smaller healthcare facilities, with the aim of boosting revenue and streamlining operations. With over thirty years of strategic technological progress, Parathon's sophisticated intelligence-driven recovery software highlights a strong dedication to understanding the demands of the industry. Our forward-thinking and continually adapting approach to revenue cycle management (RCM) positions our services as a crucial and incomparable asset for healthcare providers. Alongside our proprietary technology, our recovery services yield outstanding results that set us apart. Having successfully reclaimed billions for hospitals, health systems, and physician groups through our premier revenue intelligence services, Parathon distinguishes itself from other RCM vendors by avoiding reliance on electronic medical records or antiquated systems for revenue follow-up services. This distinctive approach allows us to deliver customized solutions that are not only effective but also efficient, ensuring that our clients receive the best possible support in their financial recovery efforts. Ultimately, our commitment to innovation and client satisfaction continues to drive our success in the healthcare landscape.

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.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Parathon

Date Founded

1991

Company Location

United States

Company Website

parathon.com

Company Facts

Organization Name

MDaudit

Date Founded

1993

Company Location

United States

Company Website

mdaudit.com

Categories and Features

Categories and Features

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