DALLAS, Jan. 4, 2012 /PRNewswire-iReach/ -- MediGain, a national leader in revenue cycle management and financial analytics, today announced the release of OptimOncology, a financial analytics tool that correlates all drug and financial costing for office-based oncology practices. This unique technology aggregates financial, clinical and drug utilization data and provides measurable results for oncology practices.
"Drug costs are one of the top concerns in all oncology practices. Reimbursements from the government and private payers continue to decrease. Our goal is to provide premium care for our patients with the best possible outcomes. MediGain's solutions help us do just that," stated California oncologist James Berenson, MD.
In an industry where costs are soaring and payer reimbursements are declining, the prosperity, and sometimes survival, of a practice can depend upon the availability of quality information. For oncology practices, the OptimOncology solution means physicians have quick access to financial analysis and clinical decision support that has never before been available in an office-based setting. The OptimOncology technology allows them to make more timely and profitable business decisions.
"We are very excited to have the first true analytics technology for office-based oncology practices," stated Greg Hackney, CEO of MediGain. "This will be a revolutionary milestone in the evolution of oncology practices. Physicians will be able to quickly understand how the current and future costs and reimbursements will affect their financial performance."
OptimOncology is offered on a web-based analytics platform and supported by client service teams with deep healthcare expertise, allowing the physician to have instant access to the analysis and trends of his practice.
About MediGain: MediGain is a national Revenue Cycle Management and Financial Analytics company devoted to improving billing, reimbursement collections, and outcomes for healthcare providers and the patients they serve. With over 300 employees, MediGain provides solutions for physician groups, provider networks, and hospitals enabling them to reach their maximum potential through improved operational, financial, and clinical outcomes.
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