Reduce Claim Denials with MPV Claim Scrubber
Industry estimates show that 10% of all claims are denied on the first submission1 and re-filing a single denied claim can cost a healthcare provider up to $30 in administrative costs on average.2
MPV Claim Scrubber enables healthcare providers to eliminate this costly, time-consuming rework and boost first-time pass rates by ensuring that all claims are complete and accurate before submission to the appropriate payer or clearinghouse. After thoroughly reviewing each claim on a line-by-line basis to ensure it is coded properly and contains the correct information, MPV Claim Scrubber applies its extensive set of general and payer-specific edits before preparing the claim for immediate processing.
By compiling thousands of payer-specific edits over the past decade, MPV's solution offers unparalleled value. These edits are continually updated on a daily basis by MPV's seasoned reimbursement team to ensure the edits closely mimic what would be employed by the payer.
MPV Claim Scrubber gives users greater control over their revenue cycle and dramatically reduces administrative costs by providing insight into potential errors prior to claims submission. For example, undercharges are highlighted before claims processing so providers can update the claim prior to payer submission. And, when leveraged in combination with MPV Contract Management, healthcare providers have the ability to audit claims both pre- and post-remittance. This closed-loop approach results in more timely reimbursement and a healthier bottom line.
Additional benefits include:
- Improved cash flow
- Increased staff efficiency
- Reduced denials
- Faster payment
- Fewer accounts receivable days
