Chart Links, a provider of rehabilitation workflow management software, and RemitDATA, a provider of reimbursement productivity tools and benchmarking reports, will partner to offer reimbursement benchmark data to physical therapy, occupational therapy, speech-language pathology and audiology clinics. The claims data will be aggregated and analyzed from a web-based suite of tools that the therapist will use alongside any existing practice management or billing system. The solution will make therapy practices more profitable and allow reimbursement comparison against national averages.

New Haven, CT and Memphis, TN (PRWEB) September 2, 2008 -- Chart Links, LLC a provider of rehabilitation workflow management software, and RemitDATA, Inc., a leading provider of web-based productivity tools and benchmarking reports to the outpatient healthcare market, have partnered to offer reimbursement tools and benchmark data to physical therapy, occupational therapy, speech-language pathology and audiology practices. The claims data will be aggregated and analyzed from a web-based suite of management reports and work flow tools that the therapist will use alongside any existing practice management or billing system. By allowing therapists to identify and reduce denials and underpayments from electronic remittance advice, the solution will make therapy practices more profitable. It will also allow them to compare reimbursement data against regional and national averages.


"With the recent 10.6% Medicare payment reduction scare and ever increasing cost pressures in rehab, we need to ensure that therapists are getting the money owed to them from payers," says James Hammer, chief operating officer at Chart Links. "Our decision to partner with RemitDATA is based on the ability of their products to pick-up where most practice management systems leave off. These tools analyze claims data directly from payer electronic remittance advice (ERA) versus data posted into the billing system. This gives therapists greater insight into denial rates, by payer, as a means of recouping reimbursement. It also allows them to compare their denial rates against their peers nationwide. We can all learn from that to develop best practices."

"Over the coming months, we'll be able to unveil the first ever comprehensive third-party analysis of rehabilitation payment trends," says Michael Sanderson, president of RemitDATA. "Our simple, easy-to-use web-based tools and patent-pending benchmarking reports will provide state, regional and national data on which rehabilitation procedure codes are getting denied most often, by which reason code and by payer. As a direct result of our solutions, therapists will be able to enhance their profitability and drive down the costs of healthcare."

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