YAKIMA, Wash., Oct. 5 /PRNewswire/ -- CodeCorrect, Inc. announced today that the Mayo Foundation has purchased CodeCorrect’s RevenueSource(TM) suite to assist Mayo Clinic in managing its chargemasters and maintaining compliance with regulatory requirements governing Medicare claim reimbursement.
“CodeCorrect is very pleased to add the highly regarded Mayo Foundation to our growing list of clients who are looking for more effective ways to maintain compliance and effectively manage their revenue cycle,” said Kerry Martin, CEO of CodeCorrect, Inc. “Because our products are continuously updated with the latest coding and compliance information, Mayo, as well as other CodeCorrect clients, are able to accurately code claims and obtain appropriate reimbursement.”
The RevenueSource suite helps hospital bottom lines by providing tools to obtain correct levels of revenue without falling out of compliance. Mayo will be using three modules from the CodeCorrect RevenueSource suite:
-- CDM Manager(TM) Enables hospitals and clinics to analyze, update, validate and facilitate the modification and communication of hospital chargemasters. CDM Manager analyses include reviews of valid codes, deleted codes, replacement codes, revenue codes, possible billable codes and best practice coding models. -- KnowledgeSource(TM) Expedites access to all outpatient procedure, diagnosis, modifier and pass-through coding intelligence and regulatory information to optimize compliance and the sources of appropriate revenue. -- RevenueDashboard(TM) Assists executive-level and departmental managers in monitoring and managing outpatient department performance by analyzing services and resources consumed.
For more information on the RevenueSource(TM) suite, visit http://www.codecorrect.com/ or call 877-937-3600.
About CodeCorrect
CodeCorrect maximizes revenue sourcing through one-stop, Web-based coding reimbursement intelligence, combined with comprehensive coding and compliance information. CodeCorrect is a strategic partner of Health Forum, an American Hospital Association company, and provides online tools to hundreds of hospitals and thousands of physicians nationwide.
CodeCorrect, Inc.
CONTACT: Darrin C. Lee, Director of Product Marketing/Product Managementof CodeCorrect, +1-720-524-9257 or darrinl@codecorrect.com
Web site: http://www.codecorrect.com/
