AHRMM18 Presentation to Discuss Warranty Credit Requirements and Best Practices to Mitigate Risk
CHICAGO – August 7, 2018 – Champion Healthcare Technologies, an implant tracking and inventory management company, announced today that Peter Casady, founder and chief executive officer, will present alongside Tyler Fredericksen, category analyst, Centura Health, at AHRMM18. The Learning Lab session entitled, “Navigating OIG Audits for Device Overpayments: Best Practices” will be held on Tuesday, August 14th at 1:00 p.m. CT.
“Errors in device warranty credit tracking and reporting can leave hospitals at risk of an OIG audit and liable for significant penalties,” said Peter Casady, CEO, Champion Healthcare Technologies. “It can be challenging because the process is typically very fragmented and lacks transparency. However, with the right procedures and systems, we believe hospitals can significantly streamline workflow and increase visibility throughout the process to reduce risk.”
The session will include a discussion about Centers for Medicare and Medicaid Services (CMS) requirements, Office of Inspector General (OIG) audits and the resulting financial penalties around incorrectly reporting medical device warranty credits. The presenters will describe best practices for internal processes and procedures to effectively manage claims to reduce risk and ensure compliance. In addition, Fredericksen will provide an overview of Centura Health’s approach to streamline the workflow and create transparency throughout the process to enable stakeholders across the organization to be more efficient.
ARHMM18 is scheduled for August 12-15th in Chicago, IL. In addition to the presentation, Champion Healthcare Technologies will also be exhibiting at Booth #223.
About Champion Healthcare Technologies
Champion Healthcare Technologies provides comprehensive implant tracking and inventory management solutions. Its broad portfolio helps hospitals and health systems effectively track and manage tissue and implants throughout the enterprise to ensure compliance, optimize efficiency and improve patient safety and quality. Leveraging a deep integration with vendors, government entities and other systems, Champion empowers healthcare organizations with greater transparency and visibility. For more information, visit us at www.ChampionHT.com or follow us on LinkedIn.