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Reimbursement Services

Reimbursement Services

Claims Management/Revenue Cycle Solutions

XactiMed provides advanced, web-based, revenue cycle software solutions and services to the healthcare industry. Our solutions help to streamline the revenue cycle and improve the financial performance of each hospital we serve. XactiMed's key differentiator is our proven ability to generate financial improvement and business impact for our clients. Our current clients have enjoyed great success with consistent results:

 

  • Increase revenue visibility and cash flow
  • Realize A/R days reduction of 20-40%
  • Reduce bad debt up to 60%
  • Increase patient satisfaction
  • Improve FTE productivity through system effectiveness and process redesign
  • Enhance timeliness and accuracy of payments due to advanced claims editing and interactive reconciliation processing

XactiMed's online, interactive claims management capabilities ensure that all claims are electronically tracked and reconciled throughout the entire billing process to achieve significantly improved control and efficiency of receivables management. Our ASP deployed system provides a claims management and work scheduling system across all departments of the revenue cycle giving increased management insight and control. XactiMed provides significant advantages over traditional billing systems:

  • Standardized electronic payor reports expedite claims reconciliation
  • Payor rejections are reduced by incorporating edits upstream into billing
  • Comprehensive management reporting gives CFOs and Business Office Directors knowledge and control over all receivables within the hospital system
  • End-to-end audit tracking provides a complete history of billing and remittance for internal audit and validation
  • ASP-deployed system requires minimal to no IT involvement and investment

 


XactiMed, Inc.

901 International Parkway, Suite 200
Richardson, TX  75081
Ann Diamond, Executive Vice President
214/382-2301


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