Optum360 Wins “2015/2016 Category Leader” for Its Computer-Assisted Coding Platform for Second Consecutive Year
Posted date: February 23, 2016
- Health care technology research firm KLAS cites Optum360 CAC platform’s performance and ease-of-use
- Optum Enterprise CAC helps simplify hospitals’ adherence to essential compliance requirements
WAKEFIELD, Mass., Feb. 23, 2016 – Optum360 won the 2015/2016 Category Leader award for Computer-Assisted Coding (CAC) from KLAS, a leading global health care research organization. This is the second consecutive year Optum360 has taken the top honor for computer-assisted coding technology.
The Optum Enterprise CAC platform enables hospitals to focus on what’s important – caring for their patients – by simplifying adherence to essential compliance requirements. Optum’s Enterprise CAC helps hospitals and health systems improve overall medical coding accuracy and specificity and increase coding staff productivity. Ensuring hospitals and health systems assign accurate medical codes helps accelerate payments, streamline revenue-cycle processes and reduce claim denials. Hospitals using Optum Enterprise CAC have seen strong performance on traditional measures and smooth transitions to the new ICD-10 medical coding system.
“We are honored that KLAS recognizes our Enterprise Computer-Assisted Coding platform as setting the industry standard,” said Ron Jones, CEO, Optum360. “This recognition reflects our clients’ confidence as we help them modernize, serve patients and improve efficiency.”
Clients using Optum Enterprise CAC have found the platform easy to implement and have consistently experienced strong results. Hospitals have documented increases in productivity and revenue gains due to improved accuracy, efficiency and shortened revenue cycles.
Optum360 internal operating data show that – despite industry projections that health care organizations making the shift to the modern ICD-10 requirements would reduce coder productivity anywhere from 30 percent to 50 percent – Optum’s Enterprise CAC clients saw significantly less productivity loss and are quickly returning to pre-ICD-10 productivity levels.
“The actual implementation and rollout of Optum360 Enterprise CAC went really smoothly because the product is so easy to use,” said one Optum Enterprise CAC user and KLAS survey respondent. “The user interface is very simple. The training went very quickly...”
Every year KLAS, which independently monitors health care technology vendor performance through the active participation of thousands of health care organizations, ranks organizations in each of several categories to receive an award for excellence in performance. This annual report surveys health care providers on their satisfaction with health IT vendors on customer support, solution implementation, maintenance, and other areas.
Optum360 simplifies the business of health care by delivering health information, services and technology to hospitals, physicians and health systems. Our 7,700 performance experts provide revenue cycle leadership, innovation and operational excellence to eliminate the inefficiencies in health care and prepare for value-based reimbursement. By creating solutions that leverage our resources, relationships and unparalleled industry perspective, we partner with care providers to fulfill their strategic vision and enable them to focus on care and healing.
KLAS is a research and insights firm on a global mission to improve healthcare delivery by amplifying the provider's voice. Working with thousands of healthcare professionals and clinicians, KLAS gathers data and insights on software, services, and medical equipment to deliver timely reports, trends and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at @KLASresearch.