Huron Consulting Group Announces CARSM Solution for Enhanced Clinical Research Analysis and Reporting
Solution Provides Quick, Fixed-Price Expert Analysis for Use in Feasibility Review, Budgeting, Informed Consent Drafting, Billing, and Compliance
“Huron’s CAR solution helps clients eliminate a key bottleneck in the
study initiation process by shifting the coverage analysis burden from
an organization’s staff to dedicated expert professionals. This service
allows clients to complete the coverage analysis in as little as five
business days,” said
Huron Life Science’s versatile CAR solution team includes clinical research, medical coding, and billing professionals who provide a comprehensive approach to address the following:
- Identification and Coding: Review of relevant clinical trial documents to ensure that all patient care costs are identified and included in the billing grid with Current Procedural Terminology (CPT) and Healthcare Common Procedure Coding System (HCPCS) codes.
- Qualifying Clinical Trial Analysis: Assessment of the study’s qualifying criteria for determining the appropriateness for seeking reimbursement for routine costs, such as benefit category, therapeutic intent, and “deemed status.”
Limitations Analysis: Review of local, state and federal
guidelines to identify limitations on coverage by
- Billing Determinations: Identification of the responsible party for each cost, which includes sponsor, patient/payer, or clinical department.
In developing the CAR solution, Huron worked with more than 75 institutions, trained more than 900 people, and conducted more than 2,700 coverage analyses. This extensive fieldwork created a coverage analysis solution that is cost-effective, consistent, and streamlined with an extra level of protection against incorrect billing or double billing. Huron Life Sciences has produced coverage analyses for a range of clients, including community hospitals, academic medical centers, teaching hospitals, research institutes, children’s hospitals, and cancer centers.
“The CAR solution will help larger organizations address existing
backlogs and ease peaks in workload caused by fluctuations in volume or
temporary changes in staffing. It can also be a completely outsourced
solution to help organizations with smaller research volumes where it is
hard to justify full-time resources,” said
About Huron Life Sciences
Huron Life Sciences serves healthcare providers, academic medical centers, pharmaceutical, medical device, and biotechnology companies and the law firms that support these organizations to define, measure, and achieve financial, operational, and strategic objectives. Learn more at www.huronconsultinggroup.com/lifesciences or follow us on Twitter: @Huron.
Huron Consulting Group
Jennifer Frost Hennagir