VitalWare, a leading provider of revenue cycle SaaS solutions, today introduced ChargeAssuranceTM, a new solution with advanced features to add charge audit capabilities within the existing VitalAuditorTM mid-revenue cycle solution.
VitalAuditor™ gives our healthcare provider partners a granular view of their mid-revenue cycle performance through retrospective claims auditing and coding analytics. With the addition of the ChargeAssurance module, VitalAuditor now assists healthcare providers in building world-class charge assurance processes across inpatient and outpatient service lines. With our automated compliant charging and coding analytics, ChargeAssurance identifies missed charges and overcharges that can be tracked to the root cause level. The resolution of those charging issues leads to improved compliance, cost capture, and increased revenue. By adding ChargeAssurance, providers minimize revenue leakage, see less over- and undercharges, and impact coding and billing practices that lead to a more efficiently run mid-revenue cycle.
Kerry Martin, CEO of VitalWare, comments “I am very excited to add ChargeAssurance functionality to our VitalAuditor platform and assist our hospital clients in finding additional revenue to further their ability to care for patients.”