ATLANTA--(BUSINESS WIRE)--Stratose, a leader in healthcare cost containment solutions for medical, dental and workers’ compensation claims, announces the next generation of claim negotiation, Stratified claim negotiation.
“Stratose not only recognizes the need to find savings on every claim but also the importance of understanding the reasonableness of billed charges in answer to the age old question, ‘A discount off of what?’”
Stratose has historically utilized Medicare benchmarking, claim cost analysis, contracted provider discounts, and proprietary claim routing to maximize negotiated claim savings. The evolving process of cost management bundles together the successful components of the company’s existing process with the layers of industry saving techniques that are typically purchased separately. By concurrently evaluating multiple options, the Stratose negotiation experts engage in enhanced Models of Conversation (MOC) with individual providers.
“Stratose not only recognizes the need to find savings on every claim but also the importance of understanding the reasonableness of billed charges in answer to the age old question, ‘A discount off of what?’” says Tina Ellex, President.
The new Stratified Negotiation service will deliver significant savings and help identify billing errors, coding discrepancies, and egregious billing with targeted turnaround times. “Our clients have struggled with flagrant provider billings where charges sometimes exceed 1000% of Medicare. In these instances, a 30% discount just isn’t solving the problem. Our new and improved consultative process will assist them with those providers too,” states Terry Harris, EVP of Sales and Account Management.
Stratose sets no bill review threshold and individually targets each claim for billing errors and inappropriate or excessive charges. They also work directly with the provider to negotiate a signed settlement agreement to eliminate balance bills and appeals, while building and maintaining a positive relationship between you and your providers. This approach minimizes administrative costs and maximizes medical claim savings.
Stratose accepts all claim types and specializes in the KeyClaims of dialysis, oncology, pain management, neonatal, ambulatory surgery centers, assistant surgeon’s fees, implants, workers’ compensation, Medicare exhaust, pre-negotiations and ongoing treatment, DME, and hemophilia/bleeding disorders and other injectable services.
Stratose utilizes proprietary technology and a suite of products and services to deliver industry leading discounts on medical, dental and workers' compensation billings. By accessing direct provider contracts, PPO networks, provider negotiations, proprietary repricing including Medicare, Stratose achieves industry leading savings for its national client base. Learn more at www.stratose.com.