CARROLLTON, Texas, May 20 /PRNewswire-USNewswire/ -- The Indiana Podiatric Medical Association (IPMA), a professional group representing most of that state's podiatrists, today endorsed use of Preferred Health Technology Inc.'s A-Claim(TM) medical payment solution for physicians, hospitals and other health care providers.
Along with the endorsement, the IPMA signed a three-year agreement with Preferred Health Technology (PHT) that includes discounts on A-Claim for all IPMA members.
"IPMA constantly is looking for programs that we feel will help our members more easily run their practices," said Dr. Randy Cooper, IPMA president.
PHT's proprietary and innovative A-Claim technology system (www.A-Claim.com) enables health care providers to simply and securely verify insurance eligibility, adjudicate claims, and accept credit, debit or prepaid cards and checks for payment at the time of service, before a patient leaves the hospital or office.
By making a payment arrangement before the patient leaves the hospital or doctor's office, providers can increase the efficiency of their billing process and improve overall collections and cash flow. The system offers patients payment choices and allows them to authorize future payment of outstanding bills, reducing the need to write and mail checks and helping them better manage medical expenses.
A-Claim, available to physicians and hospitals for a low monthly subscription fee and minimal transaction charges, works with all major insurance plans. Real-time claims adjudication is available with some plans.
"We are extremely pleased to have the backing of the IPMA for our A-Claim product as a way for IPMA members to reduce their patient accounts receivable," said Mary Dees Griffith, PHT's president and COO. "Health care providers struggle to collect patient receivables once a patient leaves the office, so A-Claim has become an important revenue cycle management tool for many medical practices."
Preferred Health Technology Inc., headquartered in Carrollton, Texas, provides electronic payment and transaction-processing services for the health care industry. Its parent company operates one of the largest health care insurance data center sites in the world in support of Medicare, Medicaid, TRICARE, the Federal Employee Program and Medicare Advantage health plans, as well as other private health plans.
About the IPMA
The IPMA is a voluntary professional association that was organized in 1926 for the purpose of improving the standards of the podiatric medical profession; cultivating the various arts and sciences of podiatric medicine; and encouraging continued education of practicing podiatrists. It serves as the voice of the profession in the Indiana Legislature, and serves as a valuable resource for consumer information on the nature of podiatry, the importance of good foot health, and the availability of quality podiatric care.
|SOURCE Preferred Health Technology Inc.|
Copyright©2009 PR Newswire.
All rights reserved