University of South Alabama College of Medicine Chooses MDaudit™
Audit automation software to streamline University’s compliance process
NEWTON, Mass.--(BUSINESS WIRE)--Hayes Management Consulting announced today that it will provide its MDaudit™ software to University of South Alabama College of Medicine. By automating the administrative aspects of billing compliance auditing, MDaudit significantly improves audit productivity, increases audit accuracy and quality, maximizes revenue and provides a standardized, streamlined environment for compliance departments. It is currently in use at seven of the top fifteen healthcare organizations in the country, as identified by US News & World Report.
“The University of South Alabama, Health Services Foundation (USAHSF) is excited about the enhancements and efficiencies MDaudit will bring to our compliance efforts,” says Rebekah Bailey, Director of Compliance and Reimbursement. “The automated processes of sampling, tracking and reporting will save resources and ensure all audits are scheduled and captured. The ability to score audit findings based on a weighted system will allow us to identify high-risk areas and focus resources based on the level of risk. MDaudit reports will create a product that is uniform for all providers regardless of specialty or performing auditor.”
“In addition,” she adds, “Utilizing MDaudit will allow for reallocation of educational resources permitting more time for auditors and trainers to be in service areas and working directly with providers. Our experience shows this type of training not only leads to a greater understanding of coding but often identifies new billing opportunities and processes resulting in increased revenue. We are anticipating results from MDaudit in Compliance and Reimbursement and are looking forward to the value it will bring to our system.”
“When services are properly coded, everyone wins,” says Pete Butler, President of Hayes Management Consulting. “Compliance officers can mitigate risk and physicians can enjoy accelerated reimbursement and enhanced coding education.”
About Hayes
Since 1993, Hayes Management Consulting has helped healthcare organizations improve profitability and efficiency through its products and services. In addition to compliance expertise, Hayes consultants are subject-matter experts in strategic planning, clinical workflow, business process redesign, revenue cycle management, IT assessments, web development, interoperability and more. Client satisfaction has resulted in Hayes receiving Best in KLAS awards for the past three years (2005-2007). (a)
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