RenumerMed is a cloud-based electronic medical billing, management, and remuneration software system that is scalable for use by medical practices, chiropractors, dentists and medical billing services as well as by major hospitals and medical groups. RenumerMed’s advanced capabilities include electronic billing and claims setup, medical billing and coding training, custom practice management reports, and network integration for local area networks, wide area networks, and virtual private networks. RenumerMed is used by healthcare providers and billing centers worldwide for medical insurance billing, patient accounting and practice management.
Electronic Claims Processing
With RenumerMed’s advanced electronic claims processing capabilities hospitals and medical practices can reduce costs and increase productivity. Electronic medical claims are automatically transmitted directly to the clearinghouse eliminating the need to wait days to find out if a medical claim is rejected by the designated payer.
What Is HIPAA?
HIPAA is an acronym for the Health Insurance Portability and Accountability Act that was signed into law on August 21, 1996, Public Law 104-191. This law impacts all areas of the health care industry and was designed to provide insurance portability, to improve the efficiency of health care by standardizing the exchange of administrative and financial data, and to protect the privacy, confidentiality and security of health care information.
HIPAA Security Standards
RenumerMed includes all of the required HIPAA Compliance Security standards by providing all of the administrative, technical and physical safeguards necessary to guard the integrity and confidentiality of information, protect against reasonably anticipated threats or hazards to security and integrity of the information and unauthorized uses or disclosures of the information, and to maintain standards of compliance by officers and employees of all applicable entities.
RenumerMed incorporates HIPAA compliance that allows users to query payer systems and inquire on the status of a claim in real-time. Users receive a standard ANSI X12 277 Claim Status Response from each health plan. These responses are designed to comply with HIPAA compliance software standards and include critical information about claims that have been submitted. RenumerMed offers unlimited claim submission to all carriers including Blue Cross, Blue Shield, Medicare, Medicaid, and commercial carriers.
RenumerMed offers a complete billing and practice management solution that enables hospitals and medical practices to process electronic claims, manage resource scheduling for patients and physicians, and includes over 200 customizable reports. The system can be utilized in a wide area network, and can accommodate multiple providers, payers and simultaneous users.