SOURCE: Panacea Healthcare Solutions

December 09, 2009 09:49 ET

RAC Tracking and Denials Management System, RAConciliation, Is Approved by AHA as a RACTrac Compatible Product

TAMPA, FL--(Marketwire - December 9, 2009) - RAConciliation, the RAC Tracking and Denials Management system, exclusively available through in partnership with H.I.M. ON CALL, has been approved by the American Hospital Association (AHA) as a RACTrac compatible product. The AHA's RACTrac is a web-based data collection system that will allow AHA to collect and report the impact of RAC activity on hospitals across the country.

RAConciliation is a web-based solution for use by hospitals, physicians and outpatient facilities to log, track, reconcile and report on all aspects of any RAC audit request. The solution captures all activities and manages the entire audit process from the initial request for information or denial notification, through appeals to final outcome. In addition to RAC audit requests, RAConciliation can be used for all audit and denial types from any third party.

"Approval by the AHA to be RACTrac compatible adds to the list of features and requirements which led us at to designate RAConciliation as 'Best in Class' for RAC Tracking audit and denials management. After a long and arduous search for the best RAC Tracking solution to be represented by our brand,, we selected H.I.M. ON CALL's RAConciliation for its ability to manage all types of audits and denials and its extensive list of features," said Panacea's Chief Executive Officer, Fred Stodolak. "The integral and flexible workflow which accommodates task assignments and alert notification for each case being audited with automatic assignment of due dates depending upon a health care provider's stage of appeal and denial type along with a very easy to learn and navigate user interface caused RAConciliation to rise above numerous other solutions we evaluated and researched."

"We are pleased that RAConciliation has passed the approval process for AHA's RACTrac compatibility," said Manny Peña, President, of H.I.M. ON CALL. "When CMS announced the RAC program we were challenged by our many clients to provide them with a solution that was thorough, flexible and easy for them to learn and use. We made the decision to design and build a solution that could serve our clients far beyond their RAC audit needs and foresaw the need to log, track, reconcile and report audit and denial requests from not only the RAC but also MIC, FI (or MAC), QIO, OIG, Commercial Carriers and any others. To this end we are very proud of our results with our RAConciliation product."

For more information on RAConciliation, register at or contact us at: or at 1-866-926-5933 x 702.


Panacea Healthcare Solutions, LLC, with offices in Florida and New Jersey, provides expert financial and information technology advice and systems that improve bottom line performance to healthcare providers, payers, and software companies. Panacea's areas of expertise included Coding, Compliance, Finance and Reimbursement and Revenue and Account Receivable Consulting and Systems., from Panacea Healthcare Solutions, LLC offers "Best in Class" RAC Data Mining, RAC Tracking, Process Improvement, Appeals Services and other relevant consulting services to health care providers.


H.I.M. ON CALL, Inc, established in 1998, with offices in Allentown, PA and San Juan, Puerto Rico, provides health information and revenue cycle management services and solutions to more than 100 hospital clients nationwide. H.I.M. ON CALL is a both a Technology company and a Health Information & Revenue Cycle Management Consulting and Outsourcing Company specializing in Onsite & Offsite Coding, Coding & Documentation Training programs and Revenue Cycle initiatives for Hospitals, Physician Groups & Other Agencies.

H.I.M. ON CALL's market niche includes Revenue Driven Applications under AVIANCE Suite which includes applications such as RAConciliation, a denial tracking, monitoring and trending application and DocuXP, a proprietary web based Electronic Patient Record System used for archival of patient records. DocuXP incorporates a robust data management reporting system and a Coding module used for and by remote Coders.

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