ST. PAUL, Minn.--(BUSINESS WIRE)--Panacea Healthcare Solutions, Inc., a company specializing in healthcare coding, compliance, reimbursement and financial systems and services, today announced that it has introduced a new partnership for its CDMauditor Coding and Compliance module. ChargeAssist®, provided by Holliday & Associates, is a web-based Charge Management solution for both small and large enterprise organizations that combines charge description master (CDM) auditing, charge pricing, charge change workflow management, and regulatory resources in an integrated easy-to-use product.
Frederick Stodolak, CEO at Panacea Healthcare Solutions stated, "We are very excited about our new partnership because ChargeAssist® represents an innovative, and more reasonably priced alternative to manage the CDM allowing our clients to afford specialty modules we offer for pharmacy, hospital or physician pricing, unit cost estimation, or for health system CDM synchronization. In this era of tight financial resources for hospitals, our goal is to provide a new cost effective alternative and strive to offer more features for the same or lower price than they are currently paying. Additionally, unlike many other vendors we include expert consulting services at no additional cost."
Bud Carroll and Rosemary Holliday, Managing Partners at Holliday and Associates said, “We are proud that Panacea has chosen ChargeAssist® to be part of its popular CDMauditor comprehensive suite of CDM coding, compliance, costing and pricing tools and we look forward to introducing their specialty modules to our clients as well.”
ChargeAssist® is an innovative, next-generation CDM platform built for today’s complex EMR’s, while at the same time allowing for superior performance with all vendor systems. For an all-inclusive annual fee users will receive e-mail alerts, ongoing support from Panacea CDM consulting experts, automated workflow tools, continual change analytics and ready-to-access regulatory information tailored to the services performed in your clinical departments.
The Coding and Compliance module is just one of CDMauditor.com’s most comprehensive, innovative and affordable suite of distinct cloud-based modules to maintain and improve CDM and Pharmacy formulary coding, compliance, strategic pricing and reimbursement. CDMauditor also helps health systems maintain consistency across entities.
Hospitals can register at http://cdmauditor.com for a free diagnostic review of their chargemaster coding and compliance.
ABOUT PANACEA HEALTHCARE SOLUTIONS
Panacea Healthcare Solutions, Inc. (www.PanaceaInc.com) with offices in Minnesota, New Jersey, and Florida provides expert coding, compliance, and financial advice and information technology to improve bottom line performance to thousands of healthcare providers, and other clients each year.
ABOUT HOLLIDAY AND ASSOCIATES
Holliday & Associates has provided Charge Management products, consulting and education to the healthcare industry for over 25 years. The company’s HFMA Peer Reviewed® tool, ChargeAssist®, provides health systems, physician practices, and consultants with the ability to easily and effectively monitor charge data from multiple applications within any of today’s Hospital Information System platforms.
