Navigation Links
First Electronic Healthcare Network in the U.S. Begins Operations in Buffalo, NY
Date:2/16/2009

they become bigger ones which many times can become a prescription for disaster."

Even consumers with insurance can benefit, Wolfson said, noting that some plans require a consumer to pay a high deductible before major coverage kicks in. Also, not all plans include dental, vision or drug coverage.

The launch of the new system marks the culmination of a five-year odyssey for Wolfson, an ATM industry veteran known for previously launching the MetroTeller and Cartel card networks before shifting gears in 2003. That's when he saw a chance to modernize the health insurance business, which has remained a time-consuming and paper-driven business.

His plans for Health Transaction Network initially called for automating insurance verifications, referrals, and claims processing using "smart cards" with microchips to identify patients at a provider's office, confirm their eligibility for coverage, and begin seeking reimbursement from insurers. But the idea didn't catch on.

The new idea, unveiled in October 2007, bypasses the insurers, and proved attractive to area hospitals, especially in outlying areas. That's because they get paid right away, by cash, check, or credit or debit card. There's no billing or paperwork, and no claims processing, eliminating the delay and administrative costs that typically account for 20 to 30 percent of the cost of a medical transaction.

"This is all cash, on the spot," Wolfson said. "There's no paper. They get paid right away."

Additionally, the providers benefit from increased business, seeing patients that might not normally even come in for treatment. And it could lessen the burden on emergency rooms, as people getting wellness or basic sick care don't need to go to the ER for such treatment.

"Primary and preventative care is the key to reducing healthcare costs," said Joseph A. Ruffolo, CEO of Niagara Falls Memorial
'/>"/>

SOURCE HealthTransaction Network
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. Winner Medical Reports First Quarter Fiscal 2009 Results
2. Wanted: Pioneer IVF Babies Bay Area Fertility Doctors Launch National Search for First IVF Babies Born 25 Years Ago
3. Linking Up the Cold Chain is Focus of The JoC Conferences First Cool Cargoes Conference, May 12-13, in Portland, Oregon
4. Resurrection Health Care & Merit Sleep Centers Launch Chicagos First Sleep Network
5. Health First Healthcare System Awards Harris Corporation Enterprise-wide Network Management and IT Services Contract
6. Gaza strip families give first clue to condition causing blindness and tooth decay
7. First Dutch Patients Treated With the Percutaneous MitraClip(R) System
8. Sensiotec Announces FDA 510(k) Class II Clearance for the Worlds First UWB Healthcare Unbound, Wireless, Non-Contact, Vital Signs and Movement Monitor
9. Worlds First Cardiac Adult Stem Cell Trial to Take Place in Louisville
10. Solos Endoscopy, Inc. Posts First Nine Months Financials for 2008 on Pinksheets.com
11. Peregrine Pharmaceuticals Bavituximab Achieves Primary Endpoint in First Stage of Phase II Breast Cancer Study
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/18/2014)... A discovery by Northwestern Medicine scientists could lead to ... scarring in people with scleroderma. , Fibrosis, or ... tightening of the skin and lungs can lead to ... The concept for new therapeutic options centers on findings ... Medicine-Rheumatology, who identified the role that a specific protein ...
(Date:4/17/2014)... popular vaccine brands for children may not be the ... cost factors when choosing vaccines, driving the market toward ... a new study by University of Illinois researchers. , ... by numerous factors," says Sheldon H. Jacobson, a co-author ... and of mathematics at the U. of I. "In ...
(Date:4/17/2014)... in the April issue of Immunity , Kevin ... Medical Research, says it,s time to take a fresh ... sepsis, which kills millions worldwide every year, including ... released into the bloodstream to fight an injury or ... for maintaining good health without inflammation, wounds and ...
(Date:4/17/2014)... older Americans suffer from depression, often brought on by ... a project that followed the lives of thousands ... that Internet use among the elderly can reduce the ... "That,s a very strong effect," said Shelia Cotten, a ... media who led the project. "And it all has ...
(Date:4/17/2014)... 2014 EcoHealth Alliance, a nonprofit organization that focuses ... comprehensive review today examining the current state of knowledge ... calls for improved global surveillance strategies to combat the ... of Ebola in West Africa that has claimed the ... and Liberia. According to the World Health Organization ...
Breaking Medicine News(10 mins):Health News:New clues on tissue scarring in scleroderma 2Health News:Study recalculates costs of combination vaccines 2Health News:Feinstein Institute researcher publishes new perspective on sepsis 2Health News:Internet use can help ward off depression among elderly 2Health News:Re-emergence of Ebola focuses need for global surveillance strategies 2Health News:Re-emergence of Ebola focuses need for global surveillance strategies 3
... Dr. Joan T. Merrill, Wednesday, May 28, 2008 ... at http://www.lupus.org , WASHINGTON, May 23 ... live moderated chats, featuring the,nation,s leading experts in lupus. ... their families to ask questions and learn more,about lupus ...
... cut need for 2nd treatment , , FRIDAY, May ... satisfaction and low rates of re-surgery were found ... had minimally invasive laparoscopic fundoplication (anti-reflux surgery) performed ... , Studies have shown the short-term effectiveness ...
... ultrasound technique to spot areas of blood flow in ... unnecessary biopsies, according to a new study by urologists ... the Kimmel Cancer Center at Jefferson in Philadelphia. The ... blood flow in the prostate were twice as likely ...
... Ala., May 23 With the anticipated opening,of a ... be renamed,the Benjamin Russell Hospital for Children. The announcement ... a major capital campaign in support of the,pediatric medical ... have pledged $25 million in support of,Children,s Hospital. The ...
... 23 The PA Access to Basic,Care plan ... insurance,for their employees, Department of Community and Economic ... awards luncheon in,Pittsburgh today., "The vast majority ... are employed by small businesses that struggle to ...
... Hospital of Atlanta,Inc. engaged in a systematic scheme to ... Page Perry, LLC law firm, which,filed suit against the ... of patients overbilled by the practice., Former Saint ... a carotid artery stent procedure he underwent in 2005 ...
Cached Medicine News:Health News:Lupus Live Web Chat Focuses on Medication Management 2Health News:Patients Pleased With Laparoscopic GERD Surgery 2Health News:Monitoring blood flow helps improve prostate biopsies, Jefferson researchers report 2Health News:Children's Hospital Campus to be Renamed Thanks to Transformational Capital Gift 2Health News:Children's Hospital Campus to be Renamed Thanks to Transformational Capital Gift 3Health News:Children's Hospital Campus to be Renamed Thanks to Transformational Capital Gift 4Health News:PA ABC Will Benefit Commonwealth's Small Businesses, DCED Secretary Says 2Health News:Saint Joseph's Hospital of Atlanta Sued Over Patient Admission and Billing Scheme, According to Page Perry, LLC 2
(Date:1/15/2014)... Pharmaceuticals International, Inc. (NYSE: VRX and ... the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR") with ... indirect wholly-owned subsidiary, Sapphire Subsidiary Corp. ("Purchaser"), for all ... Medical, Inc. (NASDAQ: SLTM ) ("Solta") at ...
(Date:1/15/2014)... NEW YORK , Jan. 15, ... new market research report is available ... Global Markets and Technologies for ... on Routes of Administration ...
(Date:1/15/2014)... 2014  A novel wearable injector slightly larger than an Oreo ... to self-inject prescription drugs in the large doses required to ... autoimmune deficiencies, and genetic disorders.  An emerging ... 2018, according to analysts.   Many of these drugs will require ...
Breaking Medicine Technology:Valeant Pharmaceuticals Announces Receipt Of Antitrust Clearance For Its Previously Announced Acquisition Of Solta Medical, Inc. 2Valeant Pharmaceuticals Announces Receipt Of Antitrust Clearance For Its Previously Announced Acquisition Of Solta Medical, Inc. 3Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 2Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 3Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 4Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 5Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 6Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 7Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 8Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 9Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 10Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 11Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 12Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 13Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 14Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 15Global Markets and Technologies for Advanced Drug Delivery Systems -- Focus on Routes of Administration 16Enable Injections Presents A New Class of Injectors for Drug Delivery at PEPTalk, Drug Delivery Partnership Meetings 2
... 2012  ConvaTec, a world-leading developer and marketer of ... today announced that Amcare Ltd, a wholly-owned subsidiary ... Healthcare Holdings Ltd and subsidiaries ("SureCalm Healthcare"), a ... home delivery of prescribable stoma care and continence ...
... Clinical informatics may hold the key to better population ... in the United States if health organizations can ... health.  A new PwC US Health Research Institute (HRI) ... clinical informatics – the integration of information technology ...
Cached Medicine Technology:ConvaTec Announces Acquisition of SureCalm Healthcare 2Health Organizations Count on Clinical Informatics to Improve Patient Health and Reduce Healthcare Costs, Finds PwC Report on Clinical Informatics in Healthcare 2Health Organizations Count on Clinical Informatics to Improve Patient Health and Reduce Healthcare Costs, Finds PwC Report on Clinical Informatics in Healthcare 3Health Organizations Count on Clinical Informatics to Improve Patient Health and Reduce Healthcare Costs, Finds PwC Report on Clinical Informatics in Healthcare 4Health Organizations Count on Clinical Informatics to Improve Patient Health and Reduce Healthcare Costs, Finds PwC Report on Clinical Informatics in Healthcare 5Health Organizations Count on Clinical Informatics to Improve Patient Health and Reduce Healthcare Costs, Finds PwC Report on Clinical Informatics in Healthcare 6
... a electronic medical records software for healthcare ... Medical Office Records does more than just ... to follow the flow of your patient ... encounters to establishing new examination records via ...
... The eCHARMS suite comprises the ... 2000 product line. Currently, there ... signature & enterprise-wide disclosure reporting. ... new HIM management tool. These ...
... Electronic Medical Office (EMO) truly built for ... unique needs of your practice. The ChartLogic™ ... record system (EMR, EHR, and EPR), and ... new level of efficiency and performance. In ...
... serving the needs of orthopaedic practices ... a better orthopaedic practice, an orthopaedic ... EMR software has been intuitively developed ... country resulting in a complete workflow ...
Medicine Products: