We're celebrating
our 10th anniversary!
This is a significant milestone for our company and all of us at
Qmedtrix would like to take a moment to say thank you.
It’s because of you that we are successful. During the past
10 years, you’ve given us the bills and data that allow us
to analyze trends and develop solutions. We’re grateful for
your dedication and willingness to stand with us as we face the
challenges inherent in a complex and expensive health care system.
Qmedtrix began in 1996 as OccuHealth Services, Inc., a parent company
over several subsidiaries that provided workers’ compensation-related
services. This business model allowed us to examine and analyze
all aspects of the industry.
In 2001, we consolidated our business to focus on what we do best
– specialty bill review – and changed our name to Qmedtrix.
In the years since, we have expanded our business and territory
by developing a comprehensive group of services based on our core
expertise.
So to all of our clients and partners – on behalf of the
entire Qmedtrix team and me personally – please accept our
profound thanks and appreciation for your trust in us. We look forward
to many years of continued success!
Mike Raffaele
President, Qmedtrix
Bill edits effective in fee schedule states
When a fee schedule sets the price level for medical services,
repricing to a “fair and reasonable” reimbursement level
is no longer a viable cost-containment option. However, providers
still find ways to maximize reimbursement to recoup some of the
revenue lost to the fee schedule, such as breaking out global procedure
charges into many separate charges.
Billing edits, a feature of BillChek, finds and recommends appropriate
reimbursement for these coding errors that inflate charges, impacting
bills in fee schedule states where repricing isn’t available.
Colorado provides a good example of a state where edits are effectively
working to reduce payer costs.
Read
the case study...
WCBI supports Qmedtrix reviews in Indiana, but increased
recons still possible The Workers’ Compensation Board
of Indiana (WCBI) recently handed down three decisions on medical
fee disputes involving Qmedtrix recommendations. In all the decisions,
the Qmedtrix recommended reimbursement levels were deemed appropriate
under Indiana statutes and no additional payment was awarded to
the facility plaintiff.
But a recent rule change in Indiana may lead clients to start seeing
an increase in reconsiderations from providers protecting their
right to file a fee dispute.
New
rule for Indiana providers...
Illinois sees increased unbundling of charges
Qmedtrix is finding increasing levels of unbundling, as providers
anticipate any and all charges being paid to fee schedule. They’ve
also seen a small increase in the level of pass-through charges
being coded as non-pass though charges for reimbursement at 76 percent.
Under the fee schedule, pass-though charges – for items such
as prosthetics, implants, drugs and others – are only reimbursed
at 65 percent.
In one case, charges for a recently performed single-level lumbar
procedure at an Illinois ambulatory surgery center came to $51,604.74.
Paid to fee schedule, payment would have been $39,219.60.
How
much did BillChek save?
For more information, questions or comments, visit our web
site or contact Joanie Tardie at jtardie@qmedtrix.com |