Healthcare Compliance
ISO Certification
Wave Online has designed
and implemented Information Security Management System that is based on ISO/IEC
27001:2013 standard and is in line with HIPAA.
Each and every project we undertake is in proper alignment with all the data
confidentiality protocols.
Patient Registration team provides a high standard service which helps you eliminate registration and billing errors that cause delays in billing and reimbursement procedures. Eliminating errors and unwanted delays undoubtedly gain patient satisfaction.
Healthcare Compliance
Healthcare providers are facing the complexities of medical billing operations with challenges such as:
- Lower A/R
- Low cash flows
- Insufficient resources
- Declining reimbursements
- Lack of reporting/analytics
Business Impact of Compliance programs
HIPAA, HITECH, OIG Compliance and the PPACA have all come, and to stay. Collectively these Acts:
- Increase the number of beneficiaries
- Reduce payments in several areas
- Reduce patient time for physicians
- Increase administrative burden requiring expensive management, IT and consultative resources
- Cause tremendous ambiguity in areas such as Pay for Performance
- Expose physicians and their organizations up to unparalleled business risks.
Healthcare Compliance
We strongly believe that provider organizations that have not made progress around the business impact of regulations will be at a great disadvantage in future years due to the ongoing shift in the way that the industry functions, accompanying technologies and the overall facility-physician-patient interaction model.
With Wave Online, you not only have security in our healthcare compliance program but also our expertise to set a course for your future. Our knowledge, experience and execution capabilities in these areas will help increase physician FFS revenue, reduce costs by about 25% which can be used to defray technology and other investments in management, tools and program implementation.
Let’s transform your revenue cycle today
When you create a high-performance revenue cycle, you’re finally free to invest your full resources into what matters most: the care of your patients.