The Healthcare Financial Management Association (HFMA) announced today that, following rigorous review, MRA has once again achieved the “Peer Reviewed by HFMA®” designation for its accident claims management solution, AcciClaim™.
MRA’s innovative AcciClaim solution enables hospitals to get fully-paid for Motor Vehicle and Workers’ Compensation accidents. Accident claims are only a small percentage of total claims but, when managed correctly, they can provide higher reimbursement rates than other financial classes. Hospitals often lack the dedicated resources and expertise to process these difficult-to-work claims. MRA’s AcciClaim solution bridges the gap by offering a leading team of specialized attorneys, revenue cycle experts and account resolution specialists supported by a proprietary, industry leading technology to deliver new revenue, improved patient satisfaction, and guaranteed billing compliance to the motor vehicle and work comp recovery industry.
“Accident claims management represents an often overlooked source of additional revenue for hospitals,” said Michael Ford, MRA EVP. “In addition, these claims, if handled incorrectly, can pose critical compliance concerns. We are proud that the HFMA Peer Review has once again recognized the quality of our solution and we look forward to continuing to help our hospital clients in the years to come.”
HFMA’s Peer Review process provides healthcare financial managers with an objective, third-party evaluation of business solutions used in the healthcare workplace. The rigorous, 11-step process includes a Peer Review panel review comprising current customers, prospects who have not made a purchase, and industry experts. The Peer Review status of the healthcare business solution and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
“We’re pleased to have MRA renew their HFMA Peer Reviewed designation for their AcciClaim solution” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed healthcare business solution meets an objective, third-party assessment of overall effectiveness, quality, and value.”
About HFMA With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation’s premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. hfma.org
Medical Reimbursements of America (MRA) provides specialty reimbursement solutions that identify and recover additional revenue for hospitals and health systems nationwide. MRA’s AcciClaim™ solution, led by the industry’s leading team of specialized attorneys, revenue cycle experts and account resolution specialists, delivers new revenue, improved patient satisfaction, and guaranteed billing compliance to the motor vehicle and work comp recovery industry. MRA’s Integrity solution provides underpayment identification and recovery services from closed Medicare and Managed Care claims. Founded in 1999 and based in Franklin, Tennessee, MRA continues to serve as the definitive source for specialty reimbursement services for more than 500 hospitals and health systems nationwide.