Mede and Media Contact:
Marcia Shields
Director, Communications
469-916-3300 ext. 108
email: mshields@medefinance.com

Mede Enhances Quality and Compliance Analytics Solution, Proactively Addresses CMS RAC Program

Emeryville, CA – Feb. 25, 2009 – Mede, Inc. (Mede), the leading healthcare performance analytics company, announced the enhancement of its Quality and Compliance Analytics solution to address healthcare providers’ RAC audit strategies. The solution allows providers to proactively avert potential risks by auditing and evaluating 100% of claims, using a rules engine with over 100 rules, incorporating industry best practices, as well as OIG and CMS reports and guidance. Built-in alert functions quickly notify users of risks and offer preemptive actions for flagged cases.

In response to the CMS RAC program, Mede is offering healthcare providers the means to monitor and evaluate on a daily basis their potential risk against CMS requirements, preventing  costly and time-consuming appeals. The solution provides process intelligence with active collaboration features such as work lists, notation, deadline tracking and claim-level tracking for improved staff productivity. In addition, the benchmarking feature allows providers to compare performance against statewide means and incorporate third-party data such as PEPPER and MedPar.

“With the enhancements to Mede’s Quality and Compliance Analytics solution, our clients now have the ability to stay ahead of the RAC program and evaluate their organizations each day,” said Mede CEO Mike Gallagher. “Our proactive solution provides clients with the confidence and proof that they are in line with OIG and CMS guidance, avoiding the hassle and cost of audit responses and appeals.”

Mede enables healthcare organizations to achieve improved outcomes in clinical, financial and operational performance by providing performance analytics delivered on demand and enhanced by healthcare-experienced client teams. Over 700 healthcare organizations in the U.S. and U.K. have experienced rapid and sustainable value from Mede analytics solutions with low total cost of ownership. The company has been recognized by Inc. magazine as one of the 500 fastest-growing privately held companies in the U.S. To find out more about Mede, visit www.medefinance.com.

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