You are missing savings across 75% of your daily claim dollars

Did you know that claims under $25,000 represent around 75% of a typical health plan’s claim value? Nokomis drives 67% of its savings from claims under $25,000. Other vendors have a floor value (typically $25,000), beneath which they do not perform any medical record review.

We know the process of paying claims is very complex and challenging. Nokomis looks at every single claim, every single day and that's why we're driving savings across the entire claims ecosystem.

But what really makes a difference for our customers is what we call the ‘Nokomis ClaimWise™ Long Tail’.

The Nokomis ClaimWise™ Long Tail

A business strategy that allows health plans to realize significant savings by analyzing every single claim including high volumes of lower-value claims, instead of analyzing just a small volume of high-value claims.

You are missing savings across 75% of your daily claim dollars

Did you know that claims under $25,000 represent around 75% of a typical health plan’s claim value? Nokomis drives 67% of its savings from claims under $25,000. Other vendors have a floor value (typically $25,000), beneath which they do not perform any medical record review.

We know the process of paying claims is very complex and challenging. Nokomis looks at every single claim, every single day and that's why we're driving savings across the entire claims ecosystem.

But what really makes a difference for our customers is what we call the ‘Nokomis ClaimWise™ Long Tail’.

The Nokomis ClaimWise™ Long Tail

A business strategy that allows health plans to realize significant savings by analyzing every single claim including high volumes of lower-value claims, instead of analyzing just a small volume of high-value claims.

We are the only vendor to do code edits and medical reviews for all claims

$800 billion lost to fraud, waste and abuse every year
(and it’s growing)

This is our key differentiator; doing both processes together sequentially over every single claim, irrespective of value uncovers claims that you should not be paying that no else finds. 

Other payment Integrity vendors have a floor below which they won’t perform any medical record review. That floor could range between $4,000 and $25,000.

0%
0%
0%

Savings from medical reviews

At Nokomis, we generate approximately 52% of savings from reviewing medical records. So, wherever you set that bar, whether it be $4,000, $10,000 or $25,000, if you're not doing record review under that value, you're missing out on a significant amount of dollar savings.

Negligible provider abrasion

$800 billion lost to fraud, waste and abuse every year
(and it’s growing)

At Nokomis, our team of in-house expert certified medical coders play a crucial role in the claim review process. Their extensive knowledge and experience allow us to identify errors in claims with unmatched accuracy and efficiency.

However, minimizing provider noise and abrasion is a key objective throughout our process. Being sensitive to providers is key and it is something we are proud of; just take a look at our appeal and denial overturn rates.

<0%
<0%
<0%

Appeal Rate

<0.0%
<0.0%
<0.0%

Denial Overturn Rate

Denial Overturn Rate

on appealed claims

on appealed claims

Our extremely efficient rules engine ClaimsWise™ and our highly experienced coding team allows us to achieve a 99.53% realization rate on every saving we identify.

We are not just about driving savings. We identify errors in a very complex and difficult claim submission and adjudication process.

We process all types of Claims

We are proficient in reviewing all professional and institutional claims, including the claim categories listed below. Our preference is to analyze all claims but we can slot into your existing vendor stack to focus on specific sets of claims.

Facility

Facility

  • Hospital inpatient

  • Hospital outpatient

  • Surgery center

  • Treatment center

  • Implants

Professional

  • Evaluation & management

  • Urgent care

  • Radiology

  • Labs & drug screen

  • Neuromonitor

  • Dental

Professional

  • Evaluation & management

  • Urgent care

  • Radiology

  • Labs & drug screen

  • Neuromonitor

  • Dental

Facility

  • Itemized bill review

  • Timed based service

  • Charges not supported

  • Speciality/high cost pharmacy

Facility

  • Itemized bill review

  • Timed based service

  • Charges not supported

  • Speciality/high cost pharmacy

Professional

  • Diagnostic & testing

  • Physical medicine

  • Ambulance/transport

  • Anesthesia

  • Procedural

  • Vision

Professional

  • Diagnostic & testing

  • Physical medicine

  • Ambulance/transport

  • Anesthesia

  • Procedural

  • Vision

What does partnership mean?

$800 billion lost to fraud, waste and abuse every year
(and it’s growing)

We know that every client is different and believe in true partnerships.
So, we customize our service to fit your business profile and claims process; CMS, state legislation, rules, policies and contracts are all taken into account. 

We customize the service specifically for you.  We certainly don’t expect you to modify your processes to fit our process and our structure; we actually evolve and customize our product very heavily, so it fits within your business very succinctly.

We make it easy to do business with Nokomis which means:

  • Zero barrier to entry - no implementation cost

  • If we don’t save you money, we don’t take a fee

  • Rapid time to savings - a typical implementation is 8 weeks.

We work with national and regional plans, both fully insured and self-funded, with no client too large or too small.

We are big enough to deliver on our promise but small enough to really care.

The Nokomis service
is highly customizable

We can bypass edits for certain providers or members, and we can dial up or down the agressiveness of our rules. Our goal is to seamlessly operate and integrate with our clients’ business, and identify as many coding and billing errors as possible without causing undue strain on your organization or provider network.

Turn around in one working day

$800 billion lost to fraud, waste and abuse every year
(and it’s growing)

We do our work and return all denial and reduction recommendations within one working day, which minimizes the impact on your payment timeline. And we view it like an ecosystem, a complex network of interconnected systems with interdependencies and symbiotic relationships, so maintaining this stability is paramount.

We have a highly customized system engineered to generate savings with negligible disruption. Remember those very low appeal and overturn rates. That creates a healthy environment, improving the overall health and performance of your healthcare ecosystem.

Some interesting statistics

Some interesting statistics

0%
0%
0%

We run 100% of provided claims through ClaimWise™ every day.

0%
0%
0%

Approximately 28% of claims trigger a code edit.

0%
0%
0%

We request records on 8% of all claims that we review

FAQs

Find answers to common questions about Nokomis' services, how it works, and the kind of results you can expect to achieve.

I have a team to do this already, why do I need Nokomis?

How much does this cost?

I already use a solution that delivers claim accountability, why do I need another?

What do I need to do in order to subscribe to the Nokomis service?

FAQs

Find answers to common questions about Nokomis' services, how it works, and the kind of results you can expect to achieve.

I have a team to do this already, why do I need Nokomis?

How much does this cost?

I already use a solution that delivers claim accountability, why do I need another?

What do I need to do in order to subscribe to the Nokomis service?

FAQs

I have a team to do this already, why do I need Nokomis?

How much does this cost?

I already use a solution that delivers claim accountability, why do I need another?

What do I need to do in order to subscribe to the Nokomis service?

Find answers to common questions about Nokomis' services, how they work, and the kind of results US Health Plans can expect.

FAQs

Find answers to common questions about Nokomis' services, how it works, and the kind of results you can expect to achieve.

I have a team to do this already, why do I need Nokomis?

How much does this cost?

I already use a solution that delivers claim accountability, why do I need another?

What do I need to do in order to subscribe to the Nokomis service?

Want to learn more? Let's talk.

Find answers to common questions about Nokomis' services, how they work, and the kind of results US Health Plans can expect.

Nokomis is unique in identifying pre-payment claims savings that you or other payment Integrity vendors can not. We go deeper and broader in our analysis to find incremental savings over and above anyone else.

Contacts

Address:

206 North First Street, Minneapolis,

MN 55401-1404

Email:
info@nokomishealth.com

Phone:
(612) 825-2342

Fax:

(612) 825-2344

© 2024 Nokomis Health. All rights reserved.

Nokomis is unique in identifying pre-payment claims savings that you or other payment Integrity vendors can not. We go deeper and broader in our analysis to find incremental savings over and above anyone else.

Contacts

Address:

206 North First Street, Minneapolis,

MN 55401-1404

Email:
info@nokomishealth.com

Phone:
(612) 825-2342

Fax:

(612) 825-2344

© 2024 Nokomis Health. All rights reserved.

Nokomis is unique in identifying pre-payment claims savings that you or other payment Integrity vendors can not. We go deeper and broader in our analysis to find incremental savings over and above anyone else.

Contacts

Address:

206 North First Street, Minneapolis,

MN 55401-1404

Email:
info@nokomishealth.com

Phone:
(612) 825-2342

Fax:

(612) 825-2344

© 2024 Nokomis Health. All rights reserved.

Nokomis is unique in identifying pre-payment claims savings that you or other payment Integrity vendors can not. We go deeper and broader in our analysis to find incremental savings over and above anyone else.

Contacts

Address:

206 North First Street, Minneapolis,

MN 55401-1404

Email:
info@nokomishealth.com

Phone:
(612) 825-2342

Fax:

(612) 825-2344

© 2024 Nokomis Health. All rights reserved.