The Reny Company

10/09/2021

Med-Save Negotiations is not a prompt-pay discount. We review each bill to make sure that charges accurately reflect the procedure, facility usage, supply usage, and other factors. Our process incorporates physician-based and data analysis to identify and correct billing errors such as upcoding, unbundling, medically unlikely events and duplicate charges. The corrected bill is then analyzed for egregious mark-ups (e.g., implants) and overcharges based on public and private data sources accumulated and continuously updated over our 26-year history.

Reny negotiators will talk with providers to arrive at a mutually acceptable reimbursement. A signed settlement agreement is obtained from the authorized provider representative to prevent balance billing to the payer, patient, member, or policyholder. The Med-Save approach can be used for any coverage type and not only results in a substantial savings for our client, but also a fair and reasonable reimbursement to the provider.

01/17/2021

02/26/2019

The Reny Company- Medical Bill Review

https://www.renycompany.com

The Reny Company is a privately held, national medical managed care firm, which specializes in designing innovative medical bill review programs for first-pa...

10/25/2018

Medical costs comprised 40% of workers comp costs ten years ago and have grown to 60% of total costs today, they are expected to climb to 70% within ten years. To address healthcare inflation, The Reny Company has solutions to manage and reduce the total continuum of workers comp costs.

The Reny Company incorporates customizable workflow, state-of-the-art software technology and superior data analytics for medical bill review analysis. Our technology combined with one of the largest preferred provider networks ensures our clients receive maximum allowable savings. Our medical bill review services take bill auditing to higher levels of data reporting and cost control than ever before possible. We consistently generate greater savings and continually identify opportunities for additional cost control.

We ensure maximum savings through measures, such as application of fee schedules and billing ground rules, and negotiation of fees whenever network discounts, state fee schedule reductions or other appropriate review rationale are not available. We also help clients save through the detection of improper billing practices, such as upcoding, code “unbundling” and billing for incidental procedures; and the detection of duplicate billings at the line, bill and claim levels. The Reny Company is a privately held, national medical managed care firm, which specializes in designing customer-specific innovative programs for first-party insurers, attorneys, municipalities and third-party administrators, that reduce costs associated with non-subscribers, maritime medical cost-containment, workers compensation, catastrophic injuries, liability and group medical claims. Bill review services can be performed in all 50 states.

Effective medical bill review involves more than re-pricing to fee schedules.

05/01/2013

The Reny Company, a national leader in cost-containment, has distinguished itself in reducing the cost of out-of-network, non-subscriber, workers compensation, maritime, and group health claims. We use cost-based data and a team of senior negotiators and clinicians specially trained in fee negotiations to negotiate maximum savings on healthcare claims. They have extensive backgrounds in billing and practice requirements and can negotiate medical bills below charges, applicable fee schedule, and/or reasonable and customary rates, resulting in substantial net savings for our clients.

You can receive higher discounts on out-of-network claims and leverage 100% provider sign-off to mitigate the risk associated with other healthcare cost-containment methods. Our proven approach can be used for any coverage type and results in us delivering fair and equitable savings to the payer and fair payment to the provider. Let us show you how our cost-based data analytics,expert negotiators and contractual relationships allow us to produce almost double the industry standard net savings.

05/23/2011

The Reny Company is the smart choice for Medical Bill Review and Managed Care.

01/27/2011