Implantable Device Program
Implantable devices such as pacemakers have enabled more and more people to maintain active, productive lives as they grow older. While these implantable devices can offer significant improvements in quality of life, and often save or extend lives, most come at a tremendous financial cost.
Healthcare payers are bearing the majority of the financial burden for these devices and the procedures to implant them. Moreover, complex payment methodologies and billing procedures have resulted in healthcare payers significantly overpaying for them in a large number of cases. Reasons range from honest billing mistakes to intentionally abusive billing practices.
Reducing Your Costs for Implantable Devices
Through our Implantable Device Program, WayMark Associates will help you take control of your payments for implantable devices. By strategically partnering with your organization, we will help you eliminate unwarranted payments by:
• Determining the impact billing mistakes and abuses are having on your organization
• Auditing claims and other data from providers and facilities to uncover overpayments
• Developing a comprehensive plan to address past overpayments that provides maximum return on investment and minimizes network disruption
• Assisting your team in developing new strategies to avoid future overpayments
By implementing WayMark Associates’ Implantable Device Program,
your organization will realize substantial savings through reduced expenditures
for implantable devices. And that’s bound to have a beneficial effect
on your organization’s claims costs.
