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Stock impact report

CERIS’ “The Pulse of Payment Integrity” Outlines New Claims Processing Path For Payers

CorVel Corp. (CRVL) 
US:NASDAQ Investor Relations: corvel.com/investors
Company Research Source: GlobeNewswire
FORT WORTH, Texas, April 11, 2023 (GLOBE NEWSWIRE) -- CERIS, a CorVel company, has released “The Pulse of Payment Integrity,” a white paper encouraging healthcare payers to focus on reviewing claims before they are paid, as opposed to months or years afterward in a post pay environment. The whitepaper notes that taking such an approach to payment integrity reduces errors and improves the relationship between payers and providers by eliminating the need to collect excess payments after they have been made. New pressures on the existing healthcare payment process are also encouraging a move toward greater payment integrity. The white paper discusses issues created by the COVID-19 pandemic, which include the rapid introduction of telehealth services and increased difficulties in forecasting care utilization. It also touches on the demands created by new value-based care initiatives. “The culture of payment integrity needs to be focused not only on reducing the total cost of care but Show less Read more
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