invenio - Latin: meaning to come upon, find or discover
analytics - the discovery and communication of meaningful patterns in data
Prompt Payment Laws
Texas Prompt Pay law requires commercial Payors to promptly and correctly pay claims within 30 days. If they don't, they must pay fines and penalties. But the laws are complicated. nVenio Analytics gives your practice the ability to recover what's owed you, including Prompt Pay penalties, without burdening your staff.
We determine how much money can be recovered from your Payors, in accordance with Texas Prompt Pay Laws.
We recover your money in a professional, business-like manner so you can continue to benefit from successful and effective relationships with your Payors.
Electronically extract claims history from your billing system
Analyze your contracts and fee schedules
Audit paid claims using your data and our analytics
Calculate what you are owed and Prompt Pay penalties
Design a Payor communication strategy
Present findings to Payors and pursue recovery options
It costs your practice nothing to find out how much you may be owed - and nothing to enforce Prompt Pay laws. For more information about our services, call us at (866) 274-3122, or click here to contact us online today.
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