AQuity Solutions - Improving Clinical and Financial Results
Health systems and individual providers are experiencing rising costs and reduced reimbursements. In fact, businesses are badly in need of a cutting-edge technology solution that could increase coder efficiency and productivity, significantly improving per-coder output. That’s exactly where AQuity Solutions, a dedicated outsourced clinical documentation labor service, is creating a difference. AQuity is a recognized leading national coding technology and service provider. Due to nationwide coder workforce shortages and health systems under tremendous cost-saving pressures, AQuity has embarked on several initiatives that leverage technology for improved coder accuracy and productivity. AQuity improves clinical and financial results by delivering Coding solutions from a clinical perspective rather than a clerical one. “Our clinical coding focus includes high-quality standards and compliance, but that’s just the start. Our coders don’t just code, they read the clinical documentation, treatment plans, and test results to understand the thought process behind the care delivery. By coding from that perspective, greater detail is captured, validated, and properly supported to ensure optimal results,” extols Kashyap Joshi, President & CEO, AQuity Solutions.
Founded in 2019, AQuity Solutions’ mission is to improve physician wellness and organizational efficiency through cost-effective outsourced clinical documentation services. AQuity serves as a virtual partner in care, delivering clinical documentation and mid-RCM solutions that accurately and efficiently capture the patient’s story, allowing providers to focus on practicing medicine. The result is improved patient and provider satisfaction scores and lowered staff turnover. What makes the company stand out is AQuity’s virtual scribing and transcription services that transition the inherent EHR documentation burdens away from the providers to its staff. “By being fully focused on the documentation, we capture greater encounter details, which improves clinical and financial results. This EHR/EMR documentation relief allows providers to go home on time without pending documentation duties,” says Joshi.
Since opening its doors, AQuity has been optimizing ROI for the ever-shifting balance between IT and human support for better clinical outcomes. An instance that highlights the company’s value proposition is when AQuity assisted a 200+ bed community hospital to lower their coding production costs by 20% by transitioning their team from an in-house to an outsourced business model. In addition to hiring all production team members, under AQuity management, the team was able to significantly decrease the client’s DNFB, improve overall quality scores, and transition them to a blended global/domestic workforce.
In addition to hundreds of remote domestic coders and auditors, AQuity currently has five production centers in India and opened two more in November of 2022 to support its growth. Having both domestic and global resources, along with the technology, focused on productivity and accuracy improvements rather than full replacement, AQuity has a broad range of offerings that support clients based on their personal state of technology adoption readiness, with a commitment to assist them along their technology adoption journey as solutions evolve.
As a healthcare service provider, especially in this time of targeted healthcare industry cyber-attacks, AQuity is highly committed to IT security and undergoes multiple third-party security audits annually covering all products, services, and operating centers globally, including SOC2 Type 2, ISO 27001, ISO 9001, and KLAS Censinet.
Headquartered in Cary, NC, AQuity employs over 7,000 clinical documentation specialists throughout the U.S., India, Australia, Canada, and the U.K. for physician office services, provider documentation solutions, coding and revenue cycle management, and additional documentation services. With over 45 years of experience, the company is recognized by KLAS and Black Book as a leading vendor in multiple disciplines. In fact, AQuity is arguably the fastest-growing clinical documentation and RCM firm in the industry, thanks to exceptionally strong organic growth, driven by market-leading solutions, and a recently launched merger and acquisition strategy targeting same-store and parallel service and technology interests.
Kashyap Joshi, President & CEO
“By being fully focused on the documentation, we capture greater encounter details, which improves clinical and financial results. This EHR/EMR documentation relief allows providers to go home on time without pending documentation duties”