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By streamlining what was once a high-volume as well as time- and labor-intensive process, On Base offers payers an efficient way to manage healthcare appeals and grievances.
The solution also makes audits more efficient, too, by keeping an audit trail of the entire A&G process with full visibility into what approvals and documents were distributed, complete with date and time stamps.
With the increasing levels of compliance regulations and required audits, both internal and external, keeping track of necessary documents is more important than ever.
One of the best examples is the recent overhaul of the U. food-safety system, which calls for an increase in government inspections at food processing facilities and gives the Food and Drug Administration (FDA) the ability to order mandatory recalls of unsafe food.
Furthermore, the right records management solution will manage length of retention and final disposition of documents.
In other words, give your document an expiration date and it will automatically delete when the date arrives (or send you an email to let you know it's time to purge the document and allow you to review and approve the deletion). Think of how much sleep you'll get knowing how your carefully considered, strategically implemented ECM solution is keeping an eye on your Sarbanes-Oxley (SOX) compliance requirements and helping you manage your compliance costs, nearly million annually for companies with average revenues of .7 billion, according to a Financial Executives International survey. Check out this blog post from Michelle Harbinak Shapiro, Hyland Software’s marketing manager for Financial Services.
Using On Base, organizations can integrate systems without custom programming, scripting or modifications.
That’s what makes it one of the easiest and fastest ECM solutions with which to integrate.
One that could mean disaster to the business – from lost revenue to facility closure.
After all, a typical FDA recall can cost millions of dollars.
A well thought out enterprise content management (ECM) can ease minds and facilitate audits and other compliance requirements.
In fact, most manufacturing organizations realize their biggest cost savings from existing auditing costs, including remote, secure access to critical documentation, after implementing a smart ECM solution.
There are no plans to end support for your SIRE solutions.