Medical Device TrackingAre you at risk for penalties and fees?
What you need to know: The Office of Inspector General and the Center for Medicare and Medicaid Services have announced their intention to recoup over $1.5 Billion in improper payments by 2021. Your organization will likely fall within their scope of review.
As the end of 2021 draws closer it’s crucial that hospitals properly report medical devices recalls, implants, explants, warrantees and more or you will face significant costs and risks.
A Solution You Can Trust
SpendMend provides a 360-degree solution for managing a hospitals warranty program. Starting with an audit assessment of your current process to determine risk.
THE BENEFITS OF USING SPENDMEND TO MANAGE YOUR MEDICAL DEVICE WARANTEES
BOTTOM LINE RECOVERY
Recover credits due the hospital and assist in re-paying the payers
SpendMend tracks the device through the vendor process
Collect credits from the vendor and issue to the payer
Build a device packet for every explant to ensure visibility