{"id":8248,"date":"2014-09-02T21:02:25","date_gmt":"2014-09-03T04:02:25","guid":{"rendered":"http:\/\/hcim.com\/test\/?p=8248"},"modified":"2020-02-27T16:47:49","modified_gmt":"2020-02-27T16:47:49","slug":"medpoint-management-processes-480-claims-per-hour-with-symkey","status":"publish","type":"post","link":"https:\/\/www.varshabi.com\/HCIM\/2014\/09\/02\/medpoint-management-processes-480-claims-per-hour-with-symkey\/","title":{"rendered":"MedPOINT Management Processes 480 Claims per Hour with SymKey"},"content":{"rendered":"

MedPOINT Management, Inc. has been an HCIM client since 2010 and upgraded to SymKey\u00ae<\/sup> 3.0 in February 2014. MedPOINT has been processing an average of 240 Professional\/Hospital claims per hour using SymKey\u00ae<\/sup>, which is about 11-19x faster than manually. And since MedPOINT has two SymKey\u00ae<\/sup> processing engines, they were able to process an equivalent of 480 claims per hour!<\/p>\n

\u201cSymKey\u00ae<\/sup> is a valuable tool that every company in healthcare should have. My advice is to use SymKey\u00ae<\/sup> as much as you can, because it makes your work as easy as possible. It truly simplifies claims processing. SymKey\u00ae<\/sup> has made a huge impact on our claims department,\u201d said Winnie Garcia, Claims Audit Manager at MedPOINT Management.<\/p>\n

\u201cThe Scheduler and Query Sequencer greatly improved my SymKey\u00ae<\/sup> usage. I am able to automate a lot of manual processes, in particular the weekly reprocessing of claims \u2013 the person who was doing this prior to SymKey\u00ae<\/sup> 3.0 is now part of our audit team and no longer needs to manually correct these claims,\u201d said Winnie.<\/p>\n

With the new Scheduler, SymKey\u00ae<\/sup> can run around the clock for additional productivity. Winnie explained, \u201cI run SymKey\u00ae<\/sup> every night with the Scheduler, which frees up the machine during the day to use as needed.\u201d<\/p>\n

MedPOINT also uses SymKey\u00ae<\/sup> Virtual Auto-Post\u2122<\/sup> to automatically post claim edits from Virtual Examiner\u00ae<\/sup> into EZ-CAP\u00ae<\/sup>. \u201cFor some of our IPAs, Virtual Auto-Post\u2122<\/sup> frees up all our auditors from having to manually audit their claims, which gives us more time to pre-audit claims,\u201d said Winnie.<\/p>\n

\u201cI have always been impressed with MedPOINT\u2019s extensive use of SymKey\u00ae<\/sup>, running hundreds of claims adjudication scenarios every week, as well as many others on an ad hoc basis. Since starting with SymKey\u00ae<\/sup> 3.0 for EZ-CAP\u00ae<\/sup> 6.x, they have experienced tremendous productivity gains and personnel savings through the use of the new SymKey\u00ae<\/sup> Query Builder, Sequencer, and Scheduler,\u201d said Tom Streeter, Senior Vice President, Product Solutions for HCIM.<\/p>\n

About SymKey\u00ae<\/sup><\/b><\/p>\n

SymKey\u00ae<\/sup> is a powerful automation tool that performs a predefined series of actions on hundreds of claims at a time within a client\u2019s existing claims system.<\/p>\n