Omega Technology Solutions' Lost Charge Recovery Service Receives HFMA Peer Review Designation

The Healthcare Financial Management Association (HFMA) recently reviewed Omega Technology Solutions‘ (OTS) Lost Charge Recovery service using the Peer Review Process. After undergoing the rigorous review, the Lost Charge Recovery service has been granted the "Peer Reviewed by HFMA" designation.

OTS Lost Charge Recovery service provides a comprehensive clinical review of outpatient claims to ensure that all documented items are billed and charged appropriately. Improving recovery of charges will increase cash flow, enhance revenue cycle performance and improve compliance measures.

"We, at Omega Technology Solutions, are very proud and honored to be recognized by the Peer Review Process at HFMA. Our services have been put through a stringent, independent review process and have earned the distinction of passing HFMA’s Peer Review Program. Our offerings will now carry the HFMA Peer Reviewed designation as an indicator of the high standards we consistently achieve," says President and Owner Ann Fierro, Omega Technology Solutions.

The Peer Review Process validates the accuracy, effectiveness, quality and value of products and services that HFMA members are currently using. The goal of the review is to identify products and services that deliver organizational savings and performance improvement that enhance HFMA members’ day-to-day business interactions.

"For years HFMA members have asked us to identify viable healthcare finance resources and to filter some of the noise in the market place," says HFMA President and CEO Richard L. Clarke, FHFMA. "We see the new Peer Review Process as a powerful opportunity to do just that."

Criteria for a product to display the HFMA Peer Review mark includes high survey
scores for:

• Enhanced productivity for the individual user and for the customer’s organization;
• Ease of installation and use; 
• Accuracy and reliability; 
• Good value for the price; 
• Excellent technical support and customer service; and 
• An overall positive rating from reviewers based on a quantitative scale

About HFMA
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With over 35,000 members, HFMA is the nation’s leading membership organization of healthcare finance executives and leaders. We provide education, analysis, and guidance; we lead change and innovative thinking; and we create practical tools and solutions that help our members get results. Addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues.

About Omega Technology Solutions
Omega Technology Solutions (OTS) provides a range of software technology and services to the Hospital and Healthcare Industry to ensure both compliance and profitability. For over 16 years, members of the firm have provided a complete suite of Revenue Cycle Management Offerings including: Lost Charge Recovery, Managed Care Contract Recovery, Concurrent Review Services, APC Review and Remote Coding. In addition, OTS provides web-based Charge Master Maintenance as well as Claims Editing and Examining Technology.