With all the chaos surrounding Trump's executive order rolling back ACA requirements, it's no wonder that planning for the future is challenging. But here's a perspective that can give us some calm purpose. While government-funded and mandated care is in, shall we say, “flux”, it is surely decreasing in use and value. This puts a much higher priority on employer-funded and employer-sponsored plans. As a result, for the foreseeable future, companies that want to take good care of their employees will be shoring up their care, attention, and spending on employee-related health and administration costs.
Beacon can help with both. Robust cost control features in SpyGlass, and our new Compass Code Edits help minimize fraud, waste, and abuse. Beacon helps clients improve business performance through automation and workflow efficiency, while keeping compliant in today's fast-changing regulatory world. It enhances accuracy, minimizes manual labor, and streamlines the health claims management process. We strive to help our clients deliver quality health care at low costs for its members, while providing the highest level of service.
Our broad suite provides all the tools necessary for our industry to move forward in a positive and powerful way. Beacon’s software engineers brought the best ideas into their products, along with modern tools and innovation to build a best-of-breed claims management suite. Our comprehensive claim code editing module, Compass Code Edits, evaluates medical coding compliance and validity with sensibility, consistency, and precision. This tool dramatically increases productivity by ensuring greater automation with automatic accuracy and appropriateness for claims. Compass provides significant claim savings and increases end-to-end efficiency, allowing you to spend less time on manual workarounds and more time with your customers. Ultimately, our highest aim is to help our clients enhance the health of the employees and families they serve.