The PARA Data Editor™ (PDE) is a multi featured web-based system that allows hospitals unlimited access to a number of solutions to assist with revenue cycle functions.

The monthly subscription to the PDE provides twenty users at your Hospital unlimited access 24/7 (with the option for additional Users at minimal cost).

The PDE is composed of fifteen tabs (forty sub-tabs), which work together to provide Hospitals the same tools utilized by the PARA consulting staff to analyze, repair, and improve the revenue cycle processes.

There is a minimum one year agreement to subscribe to the PDE, with a subsequent month to month continuation with a 60 day cancellation notice.

• Charge Quote ‐ Provide accurate and timely price quotes. EDI interface to allow real‐time eligibility verification
• Charge Process ‐ Streamline all requests being made to the charge master
• Claim/RA Evaluator ‐ Evaluate all claims to ensure proper billing techniques and reimbursement, analyze denials for follow up
• Contract Analysis ‐ Manage and model all contracts for better reimbursement
• Pricing Data ‐ Access current detailed market data for three separate defined markets of your competition’s prices
• Pricing Iterations ‐ Create pricing scenarios to determine the net and gross revenue impact to the bottom line
• Pharmacy/Supplies ‐ Manage all pharmacy and supply mark‐ups for price appropriateness
• Filters/CDM ‐ Access to current charge master file, to manage all coding and billing issues to ensure an up to date and compliant charge master
• Calculator ‐ Access current billing and coding information, LCDs, NCDs, and Reimbursement
• Advisory ‐ Access all supporting documentation on industry changes (MedLearn, OIG, RAC, and CMS transmittals, articles and bulletins)
• RAC ‐ Data mine 2006‐2014 Inpatient and Outpatient claims to avoid RAC issues

 

Why use it?

• All Staff can access the system and make decisions
• Tasks are completed more efficiently while improving accuracy
• Information can be accessed from any computer with Internet access
• Web-based, no costly software to purchase and install
• No up‐front costs or set up fees to get started
• Maintenance, support and training are included in one monthly fee

To learn more about the PARA Data Editor, please click on the following link to read more: PARA Data Editor Information Handout