Insurance Underpayment Recovery Services

Healthcare providers annually lose money that gets written off as contractual adjustments when third party payers underpay per the contractually allowed amount. Vee Technologies identifies and corrects underpayments, incorrect adjustments and zero payments from third party payers, helping providers improve bottom lines and overall patient satisfaction levels.

Vee utilizes a holistic approach to identify underpayments from billing and coding reimbursement perspective:

  • Analyze payment reports to identify instances of insurance underpayments
  • Compare remittances to the fee schedule and contracts
  • Work directly with the payers to validate the findings and arrive at the corrective course of action
  • Provide trend analyses and work payers towards resolution
  • Identify claims payment errors leading to underpayments and fix root causes
Blog

5 Ways Healthcare Organizations Benefit from Remote Coding

Healthcare organizations require a high degree of accuracy in medical coding in order to keep their revenue cycle management systems running smoothly. From ensuring compliance with state and federal regulations, to making sure that reimbursements are paid on time and to the maximum, medical coding is the backbone of every healthcare organization’s financial health, whether it’s a small physician group or a large hospital.
Case Studies
High Aged And Complex AR
The Client: A leading, multi-specialty medical group and health system, this customer has multiple outpatient specialties with 300+ physicians. Approximately $600M+ in charges and $170M+ in collections annually.
Coding Auditing RAC - Health System
Client Details: For a major health system with multiple hospitals located across the state, Vee Technologies provides various services including Coding, Auditing, and RAC (Recovery Audit Contractor) review.