SOURCE: Enclarity Inc.
February 25, 2008 12:00 ET
Enclarity Is First to Deliver NPI Type 1 and Type 2 Solutions Just in Time for May Medicare Deadline
Enhancements to Flagship ProviderPoint and New NPI Match Solutions Dramatically Reduce the Risk of Rejected Claims
ALISO VIEJO, CA--(Marketwire - February 25, 2008) - Enclarity Inc., a leading healthcare
information solutions company, is helping healthcare organizations meet the
May Medicare deadline for HIPAA-
mandated National
Provider Identifier (NPI) compliance with its enhanced ProviderPoint® and
new NPI
Match™ solutions. The healthcare industry is looking for a way to
identify and match the data in the National Plan and Provider Enumeration
System (NPPES) file to legacy provider records and claims for the Type 1
(individual providers) and Type 2 (entities) information. In addition to
matching, the industry must assign sub-parts to Type 2 organizations,
associate taxonomy information with each provider and continuously
synchronize legacy provider files, claims processing and the NPPES data.
Enclarity's solutions answer the industry's need by providing the most
correct, current, comprehensive information available.
Although many payers, PPOs, clearinghouses, hospitals and labs believe that
lack of a correct NPI number will not prevent electronic claims from being
processed, the potential consequences of discounting NPI are substantial.
Economic risks associated with rejected electronic claims include lost
revenue and delayed cash flow due to higher rejection rates, increased
costs associated with manual claims processing, and their combined effect
on earnings and valuation, especially during the first quarter rejections
occur.
Information Changes Too Fast for Providers to Keep Up
The NPPES data published in Oct. 2007 was immediately out of date: each
year, more than 20 percent of providers change their addresses, five
percent change their status and 30 percent change their affiliations.
Providers are expected to keep their demographic information in the NPPES
database up-to-date. Thus far, the actual rate of updates is less than 20
percent of what would be expected given the industry's usual rate of
change. In order for the industry to process claims effectively it is
important to use more than the NPPES data, especially because the data does
not provide important information such as the Tax ID Number (TIN).
Enclarity has matched 95 percent of Type 1 NPI data and 80 percent of Type
2 NPI data to providers in Enclarity's own database, assuring its clients
the most up-to-date information available.
"The complexities of meeting the NPI deadline are more than most internal
IT staffs can handle on their own. To completely handle it internally means
starting a massive IT installation, spending unnecessary money and time,
and diverting resources from other projects," said Sean Downs, president
and chief executive officer, Enclarity. "Enclarity provides the same
service in a much more cost-effective way. We found the right solution to
the healthcare industry's need for ongoing NPI compliance using the
Enclarity Master Provider Referential Database."
Two Solutions for Reliable NPI Compliance
Both the enhanced ProviderPoint and the new NPI Match solutions are able to
match Type 1 and Type 2 NPI to legacy provider files. ProviderPoint is
Enclarity's complete provider information solution, and the new NPI Match
solution offers an option for quick NPI compliance.
-- ProviderPoint - ProviderPoint is enhanced to offer Type 1 and Type 2
NPI matching, confidence scoring for the provider file and persistent keys
for easy ongoing file augmentation. The sophistication of ProviderPoint's
NPI matching capabilities extends to the grouping of all the NPIs
associated with an entity. For example, ProviderPoint can match under one
inclusive NPI, every department at a hospital. This allows payers to see
exactly which services at an entity are used and when. The confidence score
is based on statistical rankings using Enclarity's experience with
delivering correct, current, comprehensive healthcare provider information.
Enclarity simplifies ongoing data cleansing and augmentation by providing a
code, or persistent key, that stays with the record over time that allows
the provider file to automatically update based on the key.
-- NPI Match - Enclarity introduced NPI Match, an affordable solution to
quickly meet the NPI mandate in as little as 10 business days, without
buying new equipment or undergoing a lengthy IT installation. NPI Match
augments Type 1 and Type 2 NPI information to a provider file, identifies
taxonomy values and delivers an amended file on a frequency chosen by the
client. In addition, NPI Match attaches the correct NPIs to legacy provider
files for accurate claim matching and adjudication. Enclarity has found
that the company is able to match 95 percent of Type 1 NPI data and 80
percent of Type 2 NPI data, assuring payers the most up-to-date information
available.
NPI information is also available via Enclarity
ProviderLookup, the company's real-time, web-based solution that
dramatically reduces the time spent searching for information about a
specific provider. For more information about ProviderLookup visit
http://www.enclarity.com/solutions/providerlookup.html.
Enclarity's Core Technology
Enclarity has compiled its Master Provider Referential Database of more 140
million records using a unique blend of thousands of sources, advanced
analytics and healthcare industry expertise. Using the AcuSync™ process,
Enclarity is able to match a payer's provider file to the Master Provider
Referential Database to efficiently and reliably deliver the most correct,
current and comprehensive information available.
NPI Match and ProviderPoint are available today. To inquire about service
or learn more, visit www.enclarity.com or call (949) 330-6383.
About Enclarity
Enclarity® solves healthcare's provider information problem. The company
delivers correct, current and comprehensive provider information solutions
by blending thousands of data sources, advanced analytics and healthcare
expertise. As a result, its clients improve results in many areas,
including claims processing, provider directories and network analysis.
Named one of the Top 100 private technology companies in North America by
Red Herring magazine and awarded the Global Healthcare Information
Technology Excellence Award by Frost & Sullivan, Enclarity is headquartered
in Aliso Viejo, Calif. Enclarity's investment partners include Bain Capital
Ventures and Ignition Partners. For more information, visit www.enclarity.com.