“Inovalon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced that its ABILITY PC-ACE software application is being distributed to help support COVID-19 vaccination administration and ensure uninterrupted remuneration processes for providers across the country.”
“With the nationwide distribution of COVID-19 vaccines underway, it is essential that healthcare providers across the country be able to maintain their focus on delivering quality patient care and administer the vaccine without concerns regarding relevant data submission and protracted reimbursement timelines for services rendered. Medical codes and guidelines for COVID-19 and related therapies did not exist a year ago, but with the global pandemic, healthcare industry leaders quickly adapted key medical code sets to account for the novel coronavirus. These codes are not only new to providers, but also expected to evolve over time. Integrating such data flexibility into the nation’s processing pipelines is no easy task – but one that Inovalon has been readily able to help support.”
“The Centers for Medicare and Medicaid Services (CMS) receives and processes clinical data from seven Medicare Administrative Contractors (MACs) through twelve regional Part A and Part B Jurisdictions and eight Specialty Jurisdictions. Inovalon provides software tools to all seven MACs. In response to the COVID-19 pandemic and the recent availability of COVID-19 vaccines, Inovalon has updated versions of its PC-ACE® software to empower providers to efficiently and accurately submit COVID-19 vaccine administration data through all seven CMS MACs. Inovalon’s software application is being made available at no cost to healthcare providers to help them effectively manage claims, including those for vaccination administration services…” Read the full press release here.
Source: Inovalon Supports Centers for Medicare and Medicaid Services with Software Application for COVID-19 Vaccine Administration – January 26, 2021. Inovalon.
