INDIANAPOLIS, Aug. 3 /PRNewswire/ -- RealMed announced today it has been named by Adventist Health System as its exclusive clearinghouse for physicians. Under this partnership, Adventist Health System will utilize RealMed's portal-based clearinghouse/Revenue Cycle Management Services to improve Adventist Health System's workflow, quality, timeliness, and communications with its payers.
Scott Herbst, Senior Vice President at RealMed stated, "With our expertise in revenue cycle management solutions, we're excited and committed to work with Adventist Health System to drive greater efficiencies into their payment processes. RealMed's unique combination of technology and our leading customer support model allows our providers to maximize their revenue, lower their operating costs, and increase their productivity. Proof of our outstanding reputation is being ranked #1 in the June 2009 KLAS Managing the Claim and Getting Paid: Ambulatory Clearinghouse Services Report. Adventist Health System joins our growing list of payers and providers who have maximized their revenue through our cost-effective and enhanced productivity solutions."
According to Tim Reiner, Senior Revenue Officer at Adventist Health System, "We chose RealMed because its subscription covers many of our practices' key Revenue Management services at a reasonable monthly price. They have a true software as a service model. RealMed's functionality sets it apart, having interactive pre-submission claim eligibility, EDI claim tracking through multiple dispositions in the payers' adjudication cycle, and the unique payer integration with key national and regional payers in our market. RealMed is head and shoulders above their competing clearinghouses because they integrate with our Electronic Practice Management system for batch eligibility, automated claim file transmission, and automatic interface of claim changes. Through our partnership with RealMed, we expect to lower our days in AR and avoid costly delays and denials."
RealMed is in the vanguard of a new era in health care administration that uses the power of the internet to automate health care transactions and information exchange between providers, payers and patients. By connecting providers, payers and patients directly online, the advantages of real-time transaction capability can be brought to bear. This capability, together with more powerful reporting and workflow enhancing features can dramatically enhance administrative efficiency and time to payment performance levels for providers. RealMed serves a large number of professional providers ranging from one doctor practices to large academic medical centers and specialty providers on all aspects of their revenue cycle management needs. Visit www.realmed.com
About Adventist Health System
Adventist Health System is a multi-hospital, multi-state healthcare provider with corporate headquarters in Orlando, Florida. Founded in 1973 to support and strengthen Seventh-day Adventist healthcare organizations, Adventist Health System has quickly grown to become the largest not-for-profit Protestant healthcare provider in the nation. Today, Adventist Health System supports 37 hospitals in 10 states and employs nearly 50,000 individuals. Adventist Health System hospitals comprise 6,600 plus licensed beds, providing care for nearly 4 million patients each year in inpatient, outpatient and emergency room visits. Visit www.AdventistHealthSystem.com
|SOURCE RealMed Corporation|
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