Recondo Ranked Number One by Black Book for Insurance and Payer Eligibility Verification Solution
Recondo Technology (Recondo), a leading provider of cloud-based revenue cycle connectivity and applications, announced today that the company’s EligibilityPlus™ data service that integrates with hospital information systems scored the top Black Book ranking in the Insurance and Payer Eligibility category. Recondo also made the Top 10 in two additional Black Book Ranking categories–Denial Management/Third Party Recovery and Revenue Cycle Management Outsourcing: Standalone Hospital Managed Services Under 150 Beds.
Black Book is among the most recognized industry sources for comprehensive, unbiased reviews of technology solutions and services. All rankings are based entirely on client user evaluations of 18 separate key performance areas—which span from deployment, integration and scalability, to reliability, support and customer care. According to Black Book, these client responses are then subject to a rigorous internal checking to verify accuracy and validity.
“We are extremely pleased to learn that EligibilityPlus earned first place in Black Book rankings for Insurance and Payer Eligibility Verification, thanks to overwhelmingly positive reviews from users that count on Recondo for reliably fast and correct answers on patient eligibility for services and procedures,” said Jay Deady, CEO of Recondo. “As healthcare reimbursement only grows in complexity, automating the communication process with payers will drive cleaner claims and faster payment turnaround.”
Integrated eligibility verification
Verifying eligibility for insurance coverage is becoming more complicated as patients move in and out of exchange plans. To cut through the confusion, hospitals around the country integrate Recondo’s EligibilityPlus data feed into their patient accounting and HIS systems for immediate insight. The data service retrieves and presents the most complete benefit detail available, from hundreds of different plans, straight from payer portals. It even combines portal data with information from payers’ EDI transactions to produce the industry’s most comprehensive view of a patient’s eligibility. As an extra measure, EligibilityPlus also provides intelligent alerting of denial risk—right from systems already in use, with no need to purchase another.
For more information about subscribing to the EligibilityPlus service, contact Matthew.Wiandt@RecondoTech.com.
About Recondo Technology
Recondo’s cloud-based solutions deliver financial clarity to all participants within the healthcare revenue cycle. Named the No. 1 hottest company in healthcare by Modern Healthcare in 2013 and a Cool Vendor for Healthcare Providers 2015 by Gartner, Recondo empowers more than 900 hospitals and health systems with solutions that connect providers with over 90% of the nation’s payers and their patients to ensure proper and accelerated payments across the care continuum. The company’s software and expertise streamline operations and achieve efficiencies and cost savings from patient access through claim status to payment processing—a continuum today where inaccuracy and inefficiencies currently cost U.S. healthcare a staggering $480 billion per year. Visit us at www.recondotech.com.