Medical Banking Rx

Description

• Medical Banking Rx services are integrated, but outsourced, components of a healthcare claims processors real-time claim adjudication process to meet the needs and objectives of plans, programs and the patients they serve. Medical Banking Rx provides two solutions to eliminate 1) the ability of health care providers to game the system by circumventing the adjudication (re-pricing) process by either failing to submit claims or reversing submitted claims when they realize the responsibility for payment is entirely that of consumers at the point of service; and 2) the resulting five significant problems (see www.medicalbankingrx.com). 1.MedConfirmation(SM) is a patent-pending, real-time messaging solution which enables consumers to audit health care providers for: 1) claims submission, 2) adjudicated charges at the point of service, and 3) their claim reversal actions, if any, in order to prevent claim adjudication circumvention. 2.Patient Driven Rx(SM) is an award winning, real-time medical banking solution that is specifically designed for the healthcare industry to eliminate the deficiencies that currently exist when the patient bears the full financial responsibility for healthcare provider reimbursement. Medical Banking Rx is a recipient of the Healthcare Information and Management Systems Society (HIMSS) Medical Banking Project Disruptive Innovator Award (best potential to transform healthcare using disruptive innovation) for creating a truly unique process, Patient Driven Rx(SM), that provides a real-time solution to the deficiencies inherent in all 100% copay situations (High Deductible Health Plans, Consumer Driven Health Plans, and Cash Discount Programs).Additionally, Medical Banking Rx provides MedNotification(SM), a service that enables healthcare claims processors to send their plan members real-time messages to provide relevant information to them.
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  Headquarters:52 Heatherbrae Circle , Little Rock, Arkansas, United States

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  Phone Number:

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  Website: medicalbankingrx.com

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  Employees:3

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  Revenue:$0 - 1M

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  Legal Name:Medical Banking Rx

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• |  NAICS Code: 541511  |

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