NDCHealth Announces Medicare Direct Entry Sales
07 Novembre 2005 - 4:32PM
PR Newswire (US)
New NDC ePREMIS Module Delivers Streamlined Hospital Medicare
Claims Processing ATLANTA, Nov. 7 /PRNewswire-FirstCall/ --
NDCHealth Corporation (NYSE:NDC), a leading provider of healthcare
technology and information solutions, recently announced that
NDC(R) Medicare Direct Entry is generally available. Twenty-six
hospitals have contracted for Medicare Direct Entry, NDCHealth's
new solution designed to streamline Medicare institutional claims
processing. "Medicare Direct Entry has been generally available for
less than a month. We are very excited about the tremendous early
success of this new solution, said Ed Gallo, Vice President and
General Manager of NDCHealth's Hospital Division. Early adopters of
NDC Medicare Direct Entry include Bayfront Medical Center, St.
Petersburg FL, Glenwood Regional Medical Center, West Monroe LA,
Valley General Hospital, Monroe WA, Willamette Falls Hospital,
Oregon City OR, Great River Medical Center, West Burlington IA, and
Texas Health Resources, Dallas TX. "Medicare volume represents over
30% of our revenue, and improving first time submission
adjudication and reducing rejection rates are major focuses of our
operations," said Don Collins, Business Office Director for
Bayfront Medical Center. "We are confident that Medicare Direct
Entry will not only shave at least a day off of our accounts
receivables days outstanding, but will also reduce our denials. We
will also be able to accelerate our secondary billing helping bring
cash in the door faster." Many of the early adopters are already
using ePREMIS Claims Management, NDCHealth's state-of-the-art
revenue cycle management solution. Medicare Direct Entry, an
optional module of ePREMIS Claims Management, offers customers a
single source solution to process all claims types efficiently.
Medicare Direct Entry helps providers accelerate their Medicare
cash flow by improving first-pass adjudication rates and reducing
follow-up processes by combining NDCHealth's industry-leading
Medicare compliance and content edits with pre-submission
eligibility checking, revenue code/procedure code edits and
real-time claim delivery. NDC Medicare Direct Entry also includes
tools to check on the adjudication status of Medicare claims and it
automates the creation of claims secondary to Medicare. All of
these services combine to deliver extremely clean claims, which
improve the overall experience for providers, patients and
intermediaries. With NDC ePREMIS and Medicare Direct Entry,
NDCHealth now delivers a unique combination of services with both
Medicare and commercial claims processed within in a single
application enabling organizations to develop consistency in
workflow, processes and security for all lines of business. About
Bayfront Medical Center Bayfront Medical Center in St. Petersburg,
Florida, is a 502-bed hospital that has been servicing the medical
needs of the people in that region for almost 100 years. Founded in
1906 as St. Petersburg Sanitarium, Bayfront Medical Center is today
considered one of the finest hospitals in America. About NDCHealth
Corporation NDCHealth is a leading information solutions company
serving all sectors of healthcare. Its network solutions automate
the exchange of information among pharmacies, payers, hospitals and
physicians. Its systems and information management solutions help
improve operational efficiencies and business decision making for
providers, retail pharmacy and pharmaceutical manufacturers.
Headquartered at Atlanta, Ga., the company provides information
vital to the delivery of healthcare every day. For more
information, visit http://www.ndchealth.com/. NDCHealth and NDC
ePREMIS are trademarks of NDCHealth Corporation. All other company
and product names mentioned may be trademarks of the company.
DATASOURCE: NDCHealth Corporation CONTACT: Robert Borchert, VP,
Investor Relations of NDCHealth Corporation, +1-404-728-2906, or
Web site: http://www.ndchealth.com/
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