The standard medical bill review process typically involves payment reductions based on state fee schedules, usual and customary rates, network discounts, and audits of high-cost or specialty bills. For many bill review programs, this is where the process ends, however, CompIQ goes further.
Our AuditIQ solution takes medical bill review to an advanced level, ensuring that clients make accurate payments, on time, the first time leading to significant additional savings each year.
AuditIQ enhances existing medical bill review programs by thoroughly analyzing line-level coding and charges, identifying billing errors that may have been overlooked initially. This comprehensive solution includes:
By leveraging these advanced capabilities, the AuditIQ solution helps clients achieve more accurate payments and uncover substantial savings opportunities.
At CompIQ, maximizing our customers’ medical savings isn’t just a goal–its our unwavering commitment. Whether you’re leveraging our cutting-edge medical bill review platform or relying on our team of seasoned experts to manage it for you, we’re dedicated to delivering results. Together, we’re transforming the medical billing landscape for the better.
The first step in the Medical Bill Review process is ensuring high-quality bill data is extracted. We can help with sorting, scanning, and/or data capture services for both physical and digital receipts—including various flexible integrations.
Whether you need to augment or fully outsource your bill review services, CompIQ’s team of highly tenured medical bill review specialists can help. We can guarantee bill processing stability and dependability so that you can focus on the things that matter most.
CompIQ’s Bill Review Software Lease provides flexible, scalable solutions to enhance your bill review process. Our software ensures reliable, efficient processing, allowing you to focus on your core operations.
AuditIQ combines an exceptional team of expert auditors and seasoned negotiators to achieve the highest level of defensible savings for our clients. The AuditIQ team works closely with clients and providers with a focus on payment integrity and recommending the correct payment, on time, the first time. This program has a 97% provider acceptance rate on audits and a vast network for successful negotiations.
We’re proud to have access to national, regional, and specialty PPO networks. Our clients can choose to leverage our networks, manage their PPO contracts directly, or design a hybrid approach and get access to the best of both worlds.
Reduce costs by making payments to providers and vendors directly from the CompIQ integrated platform. Seamless integration gives you the ability to reduce the amount of time it takes to get payments adjudicated while providing improved tracking and audit capabilities and reducing overall costs.
