Navigation Links
New Payment Posting Service Helps Healthcare Providers Improve Collection Process
Date:1/13/2010

DATAMARK, Inc. launches new payment posting service designed to help healthcare providers improve the Accounts Receivable Collection Process. By actively managing clients' payment posting processes DATAMARK, Inc. is able to determine whether a claim submission has been reimbursed and if not, provide the data needed to support re-billing, write-offs, adjustments, and contract terms.

El Paso, TX (PRWEB) January 13, 2010 -- To meet the growing needs of healthcare providers, DATAMARK, Inc., one of the leading domestic outsourcing firms in the U.S., has launched an image-enabled Accounts Receivable Collection Service designed to manage the payment posting process involved in submitting EOB's to insurance providers. By remotely processing payments, checks, invoices, and Explanation of Benefits (EOBs), DATAMARK enables healthcare providers to actively manage their collection process and maximize revenue.

In the case of the El Paso Orthopedic Surgery Group (EPOSG), a specialized orthopedic medical practice based in El Paso, Texas, DATAMARK leveraged their domestic outsourcing facility to develop an Accounts Receivable processing solution in which DATAMARK operators log directly into the client's system to access EPOSG's payment data, post payments and monitor collections. Payment images are reviewed in conjunction with the corresponding Explanation of Benefits (EOB) and the detailed billing information that was submitted to the insurance company regarding that patient's visit. By reviewing each CPT code listed on the EOB, the operator is able to determine whether a specific submission was reimbursed and if not, provide the data needed to support re-billing, write-offs, adjustments, and contract terms.

"EPOSG's staff has recognized a dramatic reduction in the administrative costs associated with this highly labor-intensive task as well as a reduction in their percentage of claims written-off", commented Rose Graham, DATAMARK's EPOSG project supervisor. "By refocusing on the practice's core strengths, EPOSG has been able to better service the healthcare needs of it's patients".

"Since October of 2008, DATAMARK has kept our books balanced while meeting or exceeding all of our turnaround requirements", responded Mitch McBeth, EPOSG CEO, when asked to comment on his experience with DATAMARK, Inc.

About El Paso Orthopedic Surgery Group:
The El Paso Orthopedic Surgery Group and Center for Sports Medicine is a specialized orthopedic practice located in El Paso, Texas, which offers orthopedic specialty services, pharmacy services, rehabilitation services, diagnostic testing and hospital services. In addition, the group provides specialized healthcare services under the names The Spine Center of El Paso, El Paso Pain Management Center, and The Hand Surgery Center of El Paso.

The El Paso Orthopedic Surgery Group has been committed to providing quality, responsive care with a professional and positive attitude since 1939. Today EPOSG offers 26 physicians who serve 4 regional offices.

To learn more about the El Paso Orthopedic Surgery Group visit www.eposg.com.

About DATAMARK, Inc:
DATAMARK is one of the leading domestic outsourcing firms in the U.S. and is responsible for the development of several 'best-practice' outsourcing solutions used by Fortune 500 companies today.

DATAMARK's core outsourcing services include: Payment posting, Accounts receivable collection, Inbound and Outbound Mailroom services, Scanning, OCR, Data entry services, Indexing, Remote processing solutions, X-ray conversion, Fax server solutions, Adjudication, Decisioning, On-line document storage, and Confidential destruction.

With a flexible workforce of over 2,000 employees worldwide, spanning onshore, near-shore and offshore facilities, DATAMARK offers multiple cost options and versatile services tailored to each client's unique requirements.

To learn more about DATAMARK's healthcare solutions visit www.datamark.net

###

Read the full story at http://www.prweb.com/releases/healthcare/collections/prweb3435864.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Related medicine news :

1. Electronic Payment Exchange Corporate Headquarters Moves to a New Location to Support Record Growth
2. Rigel Receives Milestone Payment from Daiichi Sankyo for Cancer Ligase Target
3. State $200 Million Behind in Payments to Agencies Providing Care to Thousands of Older Illinoisans
4. Free Overpayment Webinar Announced For Self-insured Health Plans To Get Immediate Relief from New $1 Trillion Overpayment Recoupment Embezzlement Market
5. Pelosi Statement on House Passage of Medicare Physician Payment Reform Act
6. New Healthcare Overpayment Recoupment Embezzlement Recovery Service Announced In Wake Of Launch of New Federal Task Force To Combat Healthcare Fraud Crisis
7. First Citizens Bank to Offer mPay Gateways Point-of-Care Patient Payment System to Its Health Care Customers
8. ERISAclaim.com Announced Free ERISA Webinar for Healthcare Overpayment Dispute and Claim Denials in Response to Increasing High Demand from the $6 Trillion Healthcare Denial Management Market
9. Electronic Payment Exchange Welcomes New Visa Best Practices for Data Field Encryption
10. Study outlines strategies to test new payment models for health care
11. Reportlinker Adds North American Market for Third Party Payroll, Payment and Healthcare Transaction Processing, 3rd Edition , The Report
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
New Payment Posting Service Helps Healthcare Providers Improve Collection Process 
(Date:5/3/2016)... Los Angeles, CA (PRWEB) , ... May 03, 2016 , ... ... Massage Chair with its user friendly Samsung tablet and exclusive Smart Application. The ... truly unbeatable massage. Starting each massage with a customized user profile and specialized massage ...
(Date:5/3/2016)... ... 03, 2016 , ... Intrigma, the leading provider of vital ... expanding its use of Intrigma’s cloud-based physician scheduling solution, Efficient Scheduler (a part ... The Portland, Oregon based health system conducted a one-year pilot of the Efficient ...
(Date:5/3/2016)... ... May 03, 2016 , ... Octo ... solutions and digital consulting services to the federal government, has been awarded a ... / Indefinite Quantity (ID/IQ) contract in support of the U.S. Army Program Executive ...
(Date:5/3/2016)... CA (PRWEB) , ... May 03, 2016 , ... ... a special type of surgical procedure that can be used to diagnose and treat ... instruments can be inserted. These instruments include a special lighting system and lens that ...
(Date:5/3/2016)... ... 2016 , ... Branches, Inc. is proud to have been selected as a ... in South Miami. Macy’s is a wonderful community partner and has helped to support ... mentoring, enrichment and academic support to elementary students 5 days a week. Summer Shade, ...
Breaking Medicine News(10 mins):
(Date:5/2/2016)... May 2, 2016  Deerfield announced today it ... Graybug Vision, Inc. Graybug Vision is an early ... may transform care for ocular diseases including wet ... technology was first developed at Johns Hopkins University ... venture. Graybug Vision is developing ...
(Date:5/2/2016)... , May 2, 2016 ... to reach USD 11.1 billion by 2024, according ... Research, Inc. Major drivers of the sonography market ... areas and government recommendations for periodic ultrasound screenings ...      (Logo: http://photos.prnewswire.com/prnh/20150105/723757 ) ...
(Date:4/29/2016)... New Jersey , April 29, 2016 /PRNewswire/ ... Software Suite for Life Sciences, Product Development Capabilities ... Global Life Science Customer Base . ... solutions provider, today announced the acquisition of Skura ... a global leader in adaptive sales enablement technology ...
Breaking Medicine Technology: