RevSTAT (Strategic Transaction Acceleration Tool) is MedCo’s proprietary productivity tool was developed to automate or increase efficiencies in all aspects of  AR follow up.  Specialized workflows and work queues drive efficiency for all areas that can’t be automated while performing a health check for your AR.  STAT is used for

Automated claim status

Payer compliance

Zero balance audits

Accounts receivable analysis

AR follow up analysis

Cash projections

Contract modeling and simulation 

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contract modeling

Contracts are modeled in RevStat to produce accurate expected reimbursement amounts.

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RevStat has the ability to create filters for almost any data element.

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RevStat has the ability to interpret and classify denials using CARC and RARC codes.

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RevStat has the capability to automatically follow up on claims, eliminating personnel efforts

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