AWARDED FOR ITS IMPORTANT GROWTH IN ORGANIC REVENUES, MARKET IMPACT, AND VISION AND CAPACITY, Everest Group Names Access Healthcare.
In its Medical Coding Operations PEAK Matrix® Assessment 2023, Everest Group ranked Access Healthcare as a “Leader,” according to the company, which was announced today in Chennai, India, on October 26th, 2022.
Access Healthcare is a leading provider of end-to-end healthcare revenue cycle, process automation, and information technology services.
Medical coding entails giving ailments, wounds, treatments, and operations that healthcare providers carry out industry-standard codes.
Medical coding facilitates correct billing and reimbursements and offers perceptions of the caliber of care. Because it serves as the shared language between payers and providers.
The complexity of the medical coding process is rising as the market transitions from fee-for-service. To value-based care models, the use of telehealth, and remote patient monitoring.
Medical coders are in greater demand and short supply in the United States because of the aging population. And resulting in growth in the frequency of chronic diseases, which is driving an increase in the use of outsourcing.
The 2023 Medical Coding Operations PEAK Matrix® Assessment report evaluates 22 service providers based on market impact. Also, vision and capability place Access Healthcare as a leader based on these parameters.
“We are honoured to have received the Everest Group’s designation of “Leader” in Medical Coding Operations. Our objective is to provide coding services that provide healthcare professionals more time to devote. And to providing high-quality care. I appreciate the dedication of our HIM and Coding team. In helping our clients get through the challenging pandemic phase. And then expanding to deal with the ongoing labour scarcity “
said Access Healthcare Chairman and CEO Anurag Jain.
Access Healthcare uses automated workflows and a robotic process automation engine called echo. To focus on providing technology-enabled transformation to healthcare providers. And lowering administrative costs. The business deliberately invested in computer-assisted and autonomous coding (CAC).
“In the healthcare sector, administrative expenditures make up more than 17 cents of every dollar spent. And medical coding makes up a significant portion of these costs. Our clients may lower the cost of collections. Because to our technology-led strategy, extensive domain expertise. Ongoing innovation, and worldwide delivery. Our team has been a respected partner throughout the difficult pandemic phase. And after because of our expertise, dedication, procedural rigour, and technical skills. I appreciate the dedication of every member of our staff and the confidence our consumers have shown in us “
says Vardhman Jain, Access Healthcare’s vice chairman.
Inpatient (IP/DRG), outpatient, pro-fee, emergency department, risk adjustment (HCC), home health. And hospice coding are among Access Healthcare’s coding services.
Establishing and managing a coding outsourcing program, covering for backlogs and overflows, and assisting with the facility. Physician-specific clinical documentation improvement projects. And facilitating process standardization and system migrations are some of the ways we assist our clients.
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