Medical Billing Products in Press (June - July 2006)

Medical Billing technology has witnessed continuedMassachusetts Medical Society, MedLink, Misys,
expansion during the first two months of thismedFORCE, medHost, MediSys, Nexplicit, Nicka &
summer, as evidenced by press releases aboutAssociates, Nightingale On-Board Communications,
some ninety products accumulated in BillingWiki. APatientKeeper, Quantum Group, RXHub, Scandent,
practice manager may find it difficult to select theStreamline Health. Electronic Charge Capture:
best product from such a large product variety.MedAptus Electronic Data Interchange (EDI): The
This article roughly tabulates some eighty-fiveability to access one single source of continuously
press releases about medical billing technologyupdated claims tracking data to perform real-time
products and/or vendors across two-dozenstatus checks directly from local PCs instead of
service categories. Asset Life Cycle Management:spending hours on the phone calling one insurer
Products that help healthcare organizationsafter another to track down the status of
optimize the performance of their capital assets,submitted claims. See MicroSys. E-learning:
uncover hidden expenses, gain more visibility andAlphaQuest, Care2Learn Enhanced website:
control over their asset and facility operations,CAP-MPT, Companion Technologies, Patientrak
and improve safety. Such systems also serve asFactoring: Factoring provides healthcare
repositories for hazards, alerts and recallsprofessionals with automated electronic insurance
facilitating a closed-loop process that documentsclaims management solutions and advance funding
the hospital's course of notifications and correctiveon medical claims, as submitted, through a
action. See St. Croix and LYNX.Audit andrevolving line of credit. See MDWerks Integration:
Compliance: Products that help providers andProducts that expedite revenue cycle by
payers to manage compliance by facilitatingintegrating office management functions, which in
internal audits and planning external auditsthe past used to be performed separately.
respectively. Such systems assist an auditor toIntegration eliminates data entry repetition,
spot errors, omissions, fraud, and abuse. Solutionsreduces errors and costs, and streamlines
span spectrum from basic audit reporting torevenue cycle. See press releases about four
complete automation of the audit process byintegration aspects outlined below.
using data mining, natural language processing, and
statistical methods to produce a random sampleBilling and Coding: ChartLogic
of medical records, data scoring, and potentialBilling and EMR: Affinity Billing, MediEMR, Siemens,
revenue loss estimate.NextGen, athenahealth.
Billing and Compliance: Billing Precision.
Claim Audit: A-Life, CodeRyteBilling and Imaging: IMPAC, AMICAS, Fujitsu,
EFT Audit: GlobalSCAPEMedLink. New clients: Ingenious Med For, Lumetra,
HIPAA Privacy and Security Compliance:Misys, Per-Se, MediSys, Craneware, PaperFree,
MedicalSuiteCertification and Awards:athenahealth, Picis, MicroMD, intraNexus, Visionary
Medical Systems, AllScripts, LUMEDX, Streamline
Best in KLAS: KLAS is a leading source ofHealth, LYNX, Sullivan Group, PHNS, Streamline
information on Healthcare Information TechnologyHealth, ECDS, McKessonNew billing products and
vendor performance, with information gatheredservices: Automed, HealthWare, JP Morgan,
from users at more than 4,500 healthcarePhysmark-Transplant, LabDAQ Online Supply
facilities nationwide. Performance data collectedStore: Antek HealthWare Patient Payment Ability
from 300 Healthcare Information TechnologyVerification: Offers predictive reporting
vendors and 500 of their products is evaluatedfunctionality to determine a patient's ability to pay
and made available to subscribers through thefor services and verify a patient's billing address in
KLAS website as well as through periodic reportsreal time. See Per-Se. Payer-side automation: See
and custom research. See press releases aboutGuidewire ClaimCenter, XPERT Connect. Personal
VantageMed and athenahealth.Health Record Smart Card: Patients and health
CCHIT Certification: The CCHIT Certified mark -care providers can access medical health records,
a "seal of approval" for EHR products - providesand send and save their most vital personal
the first consensus-based, consistent benchmarkmedical information instantly using the Internet or
for ambulatory products. See LSS Data Systemsmultiple devices, such as smart cards, USB keys,
and Misys.mobile phones, PDA's and Tablet PC's. See
DOQ-IT Testing: CMS, an agency of the U.S.Patientrak. Telemedicine: eNotes.Yuval Lirov, PhD,
Department of Health and Human Services,author of "Mission Critical Systems Management"
established the DOQ-IT initiative program to(Prentice Hall) , inventor of multiple patents in
encourage physicians to adopt EHRs and, in turn,artificial intelligence and computer security, and
improve the quality, safety and efficiency ofCEO of Billing Technologies. Vericle delivers
health care. In order to gain official DOQ-ITcomprehensive practice workflow engine that
recognition, vendors must meet all 35 DOQ-ITintegrates patient scheduling, electronic medical
reporting requirements. See Misys Deals: Thisrecords (EMR), billing, transcription, and compliance
category shows business development activitymanagement. By consolidating technology for
based on leveraging reciprocal client relationshipshundreds of separate billing services, Vericle(R)
and complementary product capabilities. Seetracks payer performance from a single point of
A-Life, Affinity Billing, athenahealth, eClinicalWorks,control, shares compliance rules globally, and
Eclipsys, GE Centricity, H-Quotient, Healthnostics,creates massive economies of scale.
IngeniousMed, JPI Data Resource, LEAPpm,