What’s new

Welcome to Version 2021.3 of Axiom Contract Management!

Enhancements in this release include:

New report provides Expected Payment details

Until now, calculation detail has existed in the payment vouchers, with no easy way to get a more encompassing view into how various services generate revenue for a given contract. The Calculation Detail report solves this problem by enabling you to tag the services to include in the report. Users who analyze contract terms can use this report to help them understand the different services and reimbursements that generate revenue.

Model claim charge adjustments by Facility Code

The Facility Code adjustment type enables you to adjust procedure charges by the type of bill code, which is a combination of facility and patient type (inpatient or outpatient). Previously, you were limited to adjusting the entire contract or by revenue code, which could be too broad, or by line item code, which could be too narrow.

Adjust CMS Outpatient calc basis rate by revenue code

The Revenue Code adjustment type enables you to adjust your post-grouper custom pricing for the CMS Outpatient calculation based on the revenue codes that come in on claims. The revenue code option allows you to adjust rates at a more summarized level than line item code.

3M July 15 2021 Quarterly Release

Each quarter, 3M provides an update to the 3M GPS Grouper software integrated into Axiom Contract Management. This update includes grouping, pricing, and regulatory updates to the APC and State-specific eAPG groupers.

Additional enhancements

Claims – Now when you make a percent adjustment to the CPT fee schedule amount, the modifier that affects reimbursement can be in any of the four modifier positions on the claim instead of needing to be in the first position.