tevixMD Reduces Costs For All Healthcare Providers
in Multiple Ways, and it all Starts With Superior Data.
contact us by email
inquiry@tevixMD.com
Here's how. . .
-
Accurate, Actionable Patient Data (see below)
-
Reduction in Claims Rejections
-
Simplification of Workflow
-
Flexible, On-Demand Analytics & Reporting
-
A Fully-Integrated System
- and Much More


Discover What Costs You Can
Cut in Your Workflow
& Claim Processing
* required fields
*
*
*
BREAKDOWN: Economic Impact from tevixMD Data on Claims Labor Costs
Based on initial claim failure rate due to data errors of 35% (the industry standard AVG)
and tevixMD's rescuing the claims, pre submission.
Manual / Electronic* tevixMD Cost
Labor Cost/10,000 Savings
Eligibility/Benefits Verification ∔
Prior Authorization ∔
Remittance Advice ∔
Claim Resubmission (35%)
TOTAL
$ 57,700 / $12,200
$142,400 / $19,300
$42,200 / $12,600
$14,770 / $10,600
$257,070 / $54,700
$20,195
$49,840
$14,770
$14,770
$99,575
∔ 35% of these efforts are wasted due to inevitable claim denial
* Labor cost per task (manual / electronic)
Eligibility/Benefits ($5.77 / $1.22)
Prior Auth ($14.24 / $1.93)
Claim Submission ($4.22/ $1.06)
Remittance Advice ($4.22 / $1.26)
SOURCE for costs: 2019 CAQH Index -

60-70%
Success
Rate

90-95%
Success
Rate
SOURCE: tevixMD client reports, industry vendor reports and in-house experience with data scrubbed by other vendors
tevixMD Eligibility Data -vs- The Competition
Industry Average
Eligibility-Status Reply Rate (range)
Average
Eligibility-Status Reply Rate (range)
Why Is This?
For two simple reasons:
ONE
Eligibility requests are based upon unreliable patient data: provider's historical, old claims and manually-gathered data - all notoriously inaccurate and outdated.
Simply put: garbage in = garbage out.
TWO
There's more to the story than meets the eye when requesting eligibility status, and tevixMD eligibility uses patented search processes - leading to much higher success rates. Put us to the test.
We'll put tevixMD’s cost-cutting processes up against anything you’re doing now.
tevixMD cleans your claims as squeaky as is possible,
and our numbers show it.
-
No software purchase
-
No hardware purchase
-
Get set up in a day
-
Quickly boosts cash in
-
Immediate ROI
contact us by email
inquiry@tevixMD.com