EMR payer data is often poorly maintained and include redundant, dated, invalid entries.
Eliminate duplicates, outdated and incorrect entries. Apply consistent naming convention across valid entries.
Increasingly, Payers are offering an array of different plans, with their own complex rules.
Increase granularity of entries to include "plans" and "plan types," along with other key defferentiators within character limitations of system.
Selecting the correct payer is critical to an effective revenue cycle - impossible with poor Payer data.
Tag appropriate financial class to each entry to enhance integrity of reporting.