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Wolters Kluwer Legal & Regulatory U.S., New York City, New York: MediRegs

Company: Wolters Kluwer Legal & Regulatory U.S., New York City, NY
Nomination Submitted by: Marino PR
Company Description: Wolters Kluwer is a global provider of professional information, software solutions, and services for clinicians, accountants, lawyers, and tax, finance, audit, risk, compliance, and regulatory sectors.
Nomination Category: New Product & Service Categories - Content
Nomination Sub Category: Health & Medical Information Solution
2023 Stevie Winner Nomination Title: Wolters Kluwer’s MediRegs
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

    N/A

  3. If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:

    January 2023

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):

    Total 244 words used.

    The MediRegs medical coding, reimbursement, and healthcare compliance platform helps users address multiple challenges facing the industry by providing immediate access to premier — always up-to-date — content and coding & reimbursement tools. The platform delivers content relevant to one’s specific needs through specialized solutions. By employing a SaaS workflow solution and innovative integration options, MediRegs is an accessible healthcare compliance and risk management software providing users with the regulatory information they need to make the right decisions and meet the industry’s everchanging demands.

    MediRegs Claims Calculators launched at the onset of 2022 to provide inpatient, outpatient, and professional fee calculator advancements for industry professionals to recover the reimbursement to which they are entitled. To streamline the complex process of reimbursement, Wolters Kluwer introduced these tools to help users simplify the latest developments in reimbursement technology. The efficiency and accuracy are key when using the inpatient and outpatient prospective payment system claims-based calculators and batch processing that group and calculate reimbursement in just seconds.

    Additionally, MediRegs Outpatient Prospective Payment System (OPPS) Batch Grouper and Calculator Service launched in January 2023 to help industry professionals proactively analyze outpatient hospital reimbursement. The OPPS Batch Grouper and Calculator Service enables users to batch-calculate 5,000 outpatient claims instantly, with up to 100,000 claims per day under the Outpatient Prospective Payment System. Medical professionals can use the tool to calculate hundreds of scenarios simultaneously, conduct provider specific outlier calculations, adjust complex procedure discounting, and apply select modifiers.

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):

    Total 227 words used.

    The MediRegs medical coding and healthcare compliance platform provides customers with accurate, up-to-date data so they can optimize their performance and stay informed on regulatory changes in the healthcare industry. With the latest information, MediRegs delivers content tailored to specific needs through specialized product suites, including coding, compliance, and life sciences. 

    What users say about MediRegs: 

    • “Panacea selected MediRegs because they are first to market with CMS changes and regulatory updates. Our hospital clients count on us to provide data they use for budget forecasts, identifying areas of coding deficiency, and to monitor revenue leakage. With MediRegs batch and API services we are able to dedicate our time more effectively.” – Fred Stodolak, CEO, Panacea Healthcare Solutions, LLC
    • “The MediRegs Master suite is an excellent and exceptional product for any compliance program.” – University Health System using MediRegs Coding Suite
    • “Best product on the market. It is my go-to for healthcare regulatory research.” – Medical Device Company using MediRegs Coding Suite
    • “I most often use your LCD/NCD and code information. I like the speed to which I can find the information I need.” – Health System using MediRegs Compliance Suite
    • “MediRegs has provided our auditors with the resources they need. It’s intuitive, user friendly and provides the right resource at the time we need it.” – Lisa Jensen, Director of Payment Integrity
  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 62 words used.

    The attached include the MediRegs landing page on Wolters Kluwer’s website, a press release announcing MediRegs Claims Calculators, and an announcement around Wolters Kluwer industry experts leading a session on revenue cycle management during 2022’s American Health Information Management Association (AHIMA) Global Conference. The supporting materials also include a brochure outlining MediRegs Outpatient Prospective Payment System (OPPS) Batch Grouper and Calculator Service.

Attachments/Videos/Links:
Wolters Kluwer’s MediRegs
URL Wolters Kluwer Launches Claims Calculators for MediRegs
URL MediRegs OPPS Batch Grouper and Calculator Service:
URL https://www.wolterskluwer.com/en/solutions/mediregs
URL Wolters Kluwer Reimbursement Experts to Speak at the American Health Information Management Association Global Conference