Thursday, January 17, 2013

No Need to Worry About RAC Audits with COMET™


The Tax Relief and Health Care Act of 2006 made the Medicare Recovery Audit Contractor (RAC) program, which identifies improper Medicare payments, permanent. RACs are paid on a contingency fee basis and the auditors receive a percentage of the improper overpayments and underpayments they collect from providers. Auditors use software programs to identify payment errors such as duplicate payments, fiscal intermediaries’ mistakes, medical necessity and coding.

LINTECH designed COMET™ to prevent and eradicate errors – all by having every possible data element from our EMR flow into our MDS Application. The errors that cause incorrect Medicare payments cannot happen with COMET™, because data entered into our applications flows automatically into the right fields, including the applicable fields in our Billing Application. Because there is no human intervention in the process, COMET™ users do not have to worry about failing RAC audits.
To learn more about our COMET™ system, click here.

Tuesday, January 8, 2013

A New Year's Resolution: Operational Efficiency

As you know by now, President Obama signed the American Taxpayer Relief Act of 2012 into law to stave off the fiscal cliff. Although the legislation delays the Medicare cuts to physicians, it makes significant changes to hospitals. Even though the cuts do not directly impact Long Term and Post-Acute Care (LTPAC), providers will continue to focus on ensuring operational efficiency in order to achieve targeted quality outcomes and financial goals.

Now that 2013 is in full swing, many LTPAC providers are setting cost-effective operational resolutions. The possibilities of increasing reimbursement, enhancing overall efficiency and saving costs through LINTECH’s COMET™ could significantly support facilities in their efforts to streamline care delivery.

Integrated solutions include:
  • Resident/Patient Account Suite: is the most efficient, effective and powerful integrated LTPAC clinical and financial tool for your facility's revenue cycle management.
  • Clinical/EMR Suite: comprehensive solution for every aspect of charting and documenting patient care, from tracking and managing, to assessing, planning, retrieving and reporting.
  • Financial & Administrative Services Suite: offers the most advanced, comprehensive yet easy-to-use LTPAC solution for managing your accounting and administering your business processes at the user, department and facility levels.
Contact us to discuss your operational goals and how LINTECH can be your valued partner in achieving your efficiency resolutions in 2013.