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Concuity Announces New Release of ClearContracts(TM) for Revenue Cycle Management
Date:11/5/2007

Concuity's ClearContracts 7.2 further Improves Revenue Cycle Management

with Increased Contract Analysis and Negotiation Capabilities

VERNON HILLS, Ill., and DUBLIN, Ireland, Nov. 5 /PRNewswire-FirstCall/ -- Concuity, a healthcare division of Trintech (Nasdaq: TTPA) and a leading provider of contract management and revenue recovery technology ("Peer Reviewed by HFMA") and services, today announced the availability of ClearContracts 7.2. The latest version of Concuity's ClearContracts solution dramatically increases calculation engine modeling capabilities and system usability.

Health organizations are constantly occupied with managing underpayments and denials due to payer non-compliance; consequently, they're always looking for better ways to monitor contract compliance. With ClearContracts, finance administrators and contractors can identify and correct systemic issues that cause revenue leakage and develop long-term strategies for combating payer non-compliance. ClearContracts gives hospitals and health systems the ability to effectively manage each step of the contract revenue cycle process, as well as improve their cash position and reduce accounts receivable.

ClearContracts 7.2 gives healthcare organizations a broad range of enhanced modeling functionality that not only allows providers to model new contracts but also enables them to adjust their charges to more accurately reflect proposed reimbursement and more effectively negotiate future contracts. Enhancements to security and reporting features further increase enterprise-wide visibility, while enhancements to the user interface increase contract loading efficiency, flexibility, and consequently the user experience.

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SOURCE Concuity
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