1. / An ED Company Leverages Automation to Improve Audit Efforts by 50%
Overview

One of the major challenges plaguing emergency department (ED) companies is revenue collection. For firms that provide ED services across multiple locations, maintaining a consistent and high-throughput coding and billing process is of utmost importance. The customer wanted to improve quality and reduce clinical document deficiency by automating ED coding and establishing a seamless workflow across all six sites they were operating in.

Problem

In offering their niche skills of ED services, the client was facing complexities in:

  • Establishing consistent quality of coding efforts and a standardized workflow across its sites
  • Increasing coding and billing accuracy and reducing time
Solution

Apexon leveraged the ApexED solution to automate the generation of claims in a secure application and created a workflow that provides meaningful recommendations. The client was able to: 

  • Automate the end-to-end ED coding process – level of service, CPT, MIPS, modifiers, ICD1O coding – with greater accuracy and lesser time
  • Implement workflow management to reduce licensing cost of PMS applications and enhance security
  • Integrate audit modules with the executive dashboard for quality assurance and performance enhancement

 

Impact

The secure and anytime-anywhere ApexED platform helped the client score on many fronts:
 

  • 40% savings in FTE and related costs of training
  • 60% reduction in turnaround time
  • 3-5% improvement in overall quality 
  • 40-50% decrease in audit efforts
  • 10-15% reduction in denials
  • Vast improvement in first-pass payment ratios

Other Case Studies
US-based Physicians Group Improves ROI by 6X

Case Studies

Healthcare & Life Sciences
US-based Physicians Group Improves ROI by 6X

Learn how we helped a large physicians group based in the US use deep learning models to improve error identification by 3x and reduce financial leakage by 40%.

German Automaker Labels 12M Objects per Annum from Street Videos

Automotive & Manufacturing

Automotive & Manufacturing
German Automaker Labels 12M Objects per Annum from Street Videos

Discover how we helped a German engineering firm automate video labeling for their autonomous vehicle project to identify street objects and their location with over 82% accuracy.

Financial Advisor Gets Retirement Benefits Calculator to Predict Over 30 Years Ahead

Case Studies

Financial Services & Insurance
Financial Advisor Gets Retirement Benefits Calculator to Predict Over 30 Years Ahead

Discover how we helped a financial advisor offering online investment advice evaluate the feasibility of their retirement plans 30 years into the future.

Asset Management Company Analyzes Churn to Retain 50% of Passive Customers

Case Studies

Financial Services & Insurance
Asset Management Company Analyzes Churn to Retain 50% of Passive Customers

Discover how we helped an asset management company analyzes its high churn rate to identify opportunities for customer retention and improve CSAT

Let’s head to the apex

Get in touch and let’s start a conversation!






    banner_side

    © 2021 Apexon. All Rights Reserved.