CareMedic Systems, Inc., the industry leader and largest provider of real-time Medicare transaction processing, today announced that Cleveland Clinic is among many prominent healthcare organizations to choose its Audit Management solution for RAC. With this Web-based solution, providers can identify root causes, measure potential exposure, track the RAC process and manage the exceptions.
“We performed an extensive review of the systems currently available to support RAC,” states Lyman Sornberger, Cleveland Clinic’s executive director of patient financial services. “We concluded that the CareMedic tool allowed us the ability to manage the process flow of multiple hospitals with ease, provided financial reporting necessary to understand and clearly articulate our risk, and functionality to implement process improvements with the data and reporting capabilities available. The team at CareMedic understood RAC, which gave us confidence that the tool was going to have the functionality we needed to support this new initiative with as much automation and tracking as possible in a cost effective way.”
A few of the additional organizations choosing CareMedic’s solution include Iowa Health System, Bethesda Healthcare, Samaritan Health Services, Sharp Healthcare, MaineGeneral Medical Center and University of Maryland Medical System.