FairCode Associates, a company nationally known for its ability bridge potential gaps between clinical documentation and assignment of codes, has joined HAPevolve as an industry partner. FairCode is dedicated to the correct documentation of patient acuity and to ensuring hospitals receive full and fair compensation for the care they render.
FairCode Associates, LLC was founded in 2001 by a team of physicians and nurses to improve coding documentation and compliance in hospitals. Their staff of trained physician advisors and coding professionals have been working with clients nation-wide, including academic medical centers, teaching hospitals, rural community hospitals, and multi-hospital health systems.
HAPevolve identifies and creates valuable partnerships with a variety of businesses serving the health care community. By negotiating with its industry and endorsed partners on behalf of the Pennsylvania hospital and health care community at large, HAPevolve can offer members special benefits and discounts on innovative solutions that can save them both time and money.
FairCode offers a feasibility analysis using up to one full years’ data, as well as a 13-week trial period to determine the real time benefit of the FairCode product. FairCode increases clean claim ratios by combining the domain expertise of experienced physicians with modern data science and analytics technologies to increase revenue integrity and hospital revenue. FairCode bridges the gap between a hospital’s attending physicians and hospital coders. The result? Patient acuity and Case Mix Index (CMI) are more accurately captured with the correct DRG, and hospital reimbursements adjust accordingly. DRG Validation and physician conducted medical chart reviews happen in real time, significantly impacting hospital quality rankings, CMI and bottom-line results. From clinical validation and chart reviews to payor denial defense, FairCode’s physicians and data scientists are part of a hospital’s coding team. Add FairCode to your existing CDI initiatives and see the difference. Outcomes are measurable and significant. FairCode averages greater than 4:1 Gross Return on Investment.