Dec 10 2009
RAConciliation, the RAC Tracking and Denials
Management system, exclusively available through RACauditor.com in partnership with
H.I.M. ON CALL, has been approved by the American Hospital Association
(AHA) as a RACTrac compatible product. The AHA's RACTrac is a web-based
data collection system that will allow AHA to collect and report the impact
of RAC activity on hospitals across the country.
RAConciliation is a web-based solution for use by hospitals, physicians and
outpatient facilities to log, track, reconcile and report on all aspects of
any RAC audit request. The solution captures all activities and manages
the entire audit process from the initial request for information or denial
notification, through appeals to final outcome. In addition to RAC audit
requests, RAConciliation can be used for all audit and denial types from
any third party.
"Approval by the AHA to be RACTrac compatible adds to the list of features
and requirements which led us at RACauditor.com to designate
RAConciliation as 'Best in Class' for RAC Tracking audit and denials
management. After a long and arduous search for the best RAC Tracking
solution to be represented by our brand, RACauditor.com, we selected H.I.M. ON
CALL's RAConciliation for its ability to manage all types of audits and
denials and its extensive list of features," said Panacea's Chief Executive
Officer, Fred Stodolak. "The integral and flexible workflow which
accommodates task assignments and alert notification for each case being
audited with automatic assignment of due dates depending upon a health care
provider's stage of appeal and denial type along with a very easy to learn
and navigate user interface caused RAConciliation to rise above numerous
other solutions we evaluated and researched."
"We are pleased that RAConciliation has passed the approval process for
AHA's RACTrac compatibility," said Manny Peña, President, of H.I.M. ON
CALL. "When CMS announced the RAC program we were challenged by our many
clients to provide them with a solution that was thorough, flexible and
easy for them to learn and use. We made the decision to design and build a
solution that could serve our clients far beyond their RAC audit needs and
foresaw the need to log, track, reconcile and report audit and denial
requests from not only the RAC but also MIC, FI (or MAC), QIO, OIG,
Commercial Carriers and any others. To this end we are very proud of our
results with our RAConciliation product."
SOURCE: Panacea Healthcare Solutions