CodeCorrect Announces New Consulting Services and Enhancements for RevenueDashboard; New Release of RevenueDashboard Improves Operational Efficiency and Customers' Ease of Use, and Improves Profitability Potential for Hospitals.

YAKIMA, Wash. -- New Integrated Consulting Services Help Hospitals Create Organized and Systematic Process for Analyzing APC Performance, Improving ROI 

CodeCorrect, the leading provider of coding, compliance and revenue intelligence tools, today announced new consulting services and enhancements for its RevenueDashboard(R) product, a cost management solution for hospitals looking to evaluate and better manage their APC performance. RevenueDashboard is currently used by more than 100 hospitals across the U.S. and is part of CodeCorrect's suite of revenue intelligence solutions.

"Hospitals continue to struggle with increasingly complex reimbursement rules and regulations. RevenueDashboard gives hospitals both a high-level view of APC profitability by department, cost center and now by physician, and then a drill-down look at APC profitability at the claim level," said Kerry Martin, CEO and president of CodeCorrect. "Through this type of APC performance analysis, hospitals can help manage costs, optimize revenue and improve coding and billing compliance."

To complement this new release of RevenueDashboard, CodeCorrect is also introducing integrated consulting services. Having worked with hundreds of hospital customers, CodeCorrect's team of OPPS industry experts brings broad industry perspective to hospital APC performance improvement initiatives.

"Whether through offsite coaching or complete outsourcing of RevenueDashboard management, CodeCorrect's consulting team provides education and training, support for quarterly analysis and detailed claims review, assistance with documentation of performance monitoring activities, preparation of annual project reports and end-of-year presentations detailing cumulative project benefits," said Mr. Martin. "Collectively, these activities create a systematic approach to identify and investigate potential

revenue or compliance improvement opportunities."

According to a RevenueDashboard customer in the Southwest, "We can drill down to analyze trends which assists us in determining the cause of any net loss. RevenueDashboard's reports and graphs are especially useful in identifying possible coding and modifier usage issues. We have been able to determine that the bilateral and incomplete procedure modifiers are being under-utilized in radiology and surgery, resulting in lost reimbursement."

The new RevenueDashboard version also features, among other benefits, better integration with other CodeCorrect products, easier claims importing and exception reporting, increased capabilities for hospital gain/loss and benchmarking reports, and new APC reports by physicians.

About CodeCorrect

CodeCorrect, an Accuro Company, is dedicated to protecting the healthcare system by simplifying information and improving communication through the integration of products, knowledge and technology. With online, one-stop coding and compliance solutions, CodeCorrect gives healthcare organizations the tools and information they need to achieve and maintain fiscal health. CodeCorrect solutions have been peer reviewed by the Healthcare Financial Management Association and are trusted and used in nearly 700 hospitals and by thousands of physicians nationwide. It has been ranked for the second consecutive year on Inc. magazine's 2005 List of the 500 Fastest Growing Private Companies in the United States. For more information on CodeCorrect, visit www.codecorrect.com or call 877-937-3600.