ACAP Webinar
2 Dec 2024
We had the pleasure of collaborating with ACAP and presented a webinar titled Making a Difference with Payment Integrity.
The webinar was a Q & A style chat where Rich Henriksen, industry expert and Nokomis founder shared his insights on Payment Integrity. A summary follows:
The Nokomis Difference
No Floor Value for Medical Review
We review every single claim with the same process intensity, regardless of its value. Other PI vendors have a floor to the value which they look at. So sometimes that floor is, they don't look at anything beneath $4,000 from a record review perspective, or $5,000 or $7,000 or $25,000.
Customized Solutions
We realize that every client is different. So, we customize our service to fit your business and claims process; CMS, state legislation, rules, and policies, all are taken into account. We customize it specifically for you. So you don’t have to adhere to our process and our structure; we actually evolve and customize our product very heavily, so it fits within your business very succinctly.
High Realization Rate
Due to that extremely efficient rules engine and the highly-experienced team of coders that we have looking at the results of our service, we achieve a 99.53% realization rate on every saving we identify. It means, for every saving that we generate, we get a less than 2% appeal rate on those claims that we highlight and less than half a percent overturn rate. The average saving we're achieving is between 4 and 11% of the claims value that we analyze.
Efficient Implementation
We turn around everything in one working day. So we take a claims file one day, and turn it around within the next working day. That minimizes the impact on your payment timeline.
Want to know more about this? We'd love to discuss this to you! You can book your appointment by clicking here.
See you on our next webinar!