REVENUE CYCLE CHARGE CAPTURE SYSTEM AND METHOD

• US 20090132396A1
• Filed: 11/05/2008
• Published: 05/21/2009
• Est. Priority Date: 11/06/2007
• Status: Abandoned Application

• Current Assignee: Jennifer Wexler
• Original Assignee: Jennifer Wexler
• Inventors: Wexler, Jennifer
• Application Number:
  US12/265,190
• Publication Number:
  US 20090132396A1
• Time in Patent Office: Days
• US Class Current: 705/30
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A method for identifying charge capture opportunities comprises steps of receiving and storing in a server computer at least one itemized bill and at least one final bill, comparing the final bill to the itemized bill to identify line item discrepancies between the bills, comparing either or both bills to a Charge Description Master (CDM) to identify discrepancies between line items of the bill and correct charges defined in CDM, and evaluating final bill according to a set of rules to identify potential missing charges associated with billed charges. Additionally or alternatively, itemized charges can be evaluated according to the rules to identify potential missing charges. Potential missing charges are displayed to a user as revenue opportunities for correction of the bill or other remedial action.

Claims

1. A computer method for identifying charge capture opportunities, comprising:

a receiving and storing step wherein at least one itemized bill and at least one final bill are received and stored by a server computer;

a comparing step wherein said final bill and said itemized bill are compared to identify discrepancies between line items of said itemized bill and line items of said final bill;

at least one evaluating step wherein a selected bill is evaluated according to a set of rules to identify potential missing charges associated with line items of said selected bill;

a reporting step wherein reporting data summarizing said discrepancies and said missing charges is generated by said server computer and forwarded to a client computer for display to a user.

2. The method according to claim 1, wherein said comparing step further comprises:

performing a forward comparison verifying that, for each line item on the itemized bill, a corresponding and correct line item is found on the final bill; and

performing a backward comparison verifying that, for each line item on the final bill, at least one corresponding and correct line item is found on the itemized bill.

3. The method according to claim 2, wherein line items of the itemized bill may have a one-to-one or an n-to-one relationship to line items on the final bill.

4. The method according to claim 1, wherein said evaluating step comprises:

selecting a line item in said selected bill and identifying a rule from said set of rules that is applicable to the selected line item;

a searching step wherein said selected bill is searched for at least one line item corresponding to said selected line item according to said applicable rule; and

if no corresponding line item is found in said selected bill, identifying at least one potential missing charge related to said selected line item according to said applicable rule.

5. The method according to claim 4, wherein said set of rules comprises a plurality of rules each defined by a primary code and at least one associated code.

6. The method according to claim 5, wherein said applicable rule is identified by finding in said set of rules a rule having a primary code that matches a charge code of said selected line item.

7. The method according to claim 5, wherein said searching step comprises:

for each associated code in said applicable rule, comparing said associated code to a charge code of each line item of said selected bill;

for each associated code in said applicable rule for which a line item having a matching charge code is not found, identifying a potential missing charge.

8. The method according to claim 5, wherein, for each rule, said at least one associated code is assigned to one of a plurality of code sets, wherein each code set indicates a different category of associated codes.

9. The method according to claim 8, wherein said different categories are defined according to different code types.

10. The method according to claim 8, wherein said different categories are defined according to different probabilities of an association between the primary code and the associated codes within the code set.

11. The method according to claim 10, wherein said reporting data includes a probability of said potential missing charge being an actual missing charge based on said probability indicated by the code set containing the associated code.

12. The method according to claim 6, wherein if no applicable rule is found a user notification message is generated.

13. The method according to claim 1, further comprising a charge verification step wherein charges associated with line items of at least one of the itemized bill and the final bill are verified against a charge description master file.

14. The method according to claim 4, wherein said selected bill is an itemized bill.

15. The method according to claim 4, wherein said selected bill is a final bill.

16. The method according to claim 1, wherein prior to said comparing step, a single itemized bill and a single corresponding bill are selected for comparison from said at least one itemized bill and said at least one final bill.

17. A computer-implemented system for identifying charge capture opportunities, comprising:

a server computer;

a communication interface in communication with said server computer adapted for communication with at least one client computer via a network;

a database accessible by said server computer;

a storage device readable by said server computer, the storage device having stored thereon a computer program comprising computer readable code executable by said server computer to perform a method for identifying charge capture opportunities, the method comprising;

a receiving and storing step wherein at least one itemized bill and at least one final bill are received by said server computer and stored;

a comparing step wherein said final bill and said itemized bill are compared to identify discrepancies between line items of said itemized bill and line items of said final bill;

at least one evaluating step wherein a selected bill is evaluated according to a set of rules to identify potential missing charges associated with line items of said selected bill;

a reporting step wherein reporting data summarizing said discrepancies and said missing charges is generated by said server computer and forwarded to a client computer for display to a user.

18. A computer program product comprising:

at least one computer readable storage device having computer readable code embodied thereon, said computer readable code for programming one or more computers to perform a method for identifying charge capture opportunities, the method comprising;

a receiving and storing step wherein at least one itemized bill and at least one final bill are received and stored by a server computer;

a comparing step wherein said final bill and said itemized bill are compared to identify discrepancies between line items of said itemized bill and line items of said final bill;

at least one evaluating step wherein a selected bill is evaluated according to a set of rules to identify potential missing charges associated with line items of said selected bill;

a reporting step wherein reporting data summarizing said discrepancies and said missing charges is generated by said server computer and forwarded to a client computer for display to a user.