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The company functions around three major competencies in ensuring a robust RCM that supports data quality, workflow efficiency, and appropriate reimbursement. Axea provides clients with the ability and knowledge about healthcare initiatives to facilitate a cohesive work environment along with seamless assessment and review of the accuracy of medical codes using its web-based audit management platform. Following thorough scrutiny, the company ensures coding accuracy along with the quality of data. They also offer an online coding education and training platform via Axea Academy to enhance the knowledge and productivity of coding teams and help them better comprehend the quality of the diagnosis and procedural coding.
In addition to these core functionalities, the company offers edit remediation services. When it comes to out-patient services, most of the charges are generated electronically from a chargemaster, which results in billing edit. In such a scenario, before a claim is submitted to the payer, it is run through an automated auditing system which encompasses national edits. Axea Solutions rectifies the billing document through formulated strategies, prior to billing. This is a highly complex, granular approach to ensure data accuracy and in turn, reduce the amount of denied claims and delayed payments.
With a wide scope of expertise in providing a well-functioning RCM within health care institutions, the company is looking ahead at maintaining proficient data management and integration capabilities which will enrich data ultimately supports an organization effort in submitting a clean claim and archiving verified, quality data.Axea Solutions is also working toward automating workflow for ensuring speed and efficiency among the coders. Their holistic approach, with detailed assessments, innovative methodologies, and services help to improve clinical documentation and coding accuracy. In the line of its services, the company has initiated hierarchical coding categories within healthcare systems and has also increased awareness of the importance of data accuracy in both the outpatient and inpatient arena. Axea Solutions thus continues its mission to provide a streamlined patient financial workflow and foster the financial success of its clients.
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Company
Axea Solutions
Headquarters
Cumming, GA
Management
Susan Gatehouse, CEO , Axea Solutions
Description
Axea Solutions is one of the pioneers in the revenue cycle management realm. It provides solutions and services across various healthcare organizations and clinics. The company stays with its clients throughout the entire journey starting from patient registration, to providing medical services, all the way to claims, processes and payments. Axea Solutions has expertise around coding accuracy, clinical documentation improvement and also claims denial management. The company has a proactive and holistic approach and aims to solve the bigger issue of discontinuity in the flow of revenue, while also maintaining a strong patient financial workflow