MedFORCE Technologies Makes Available Standalone Electronic Remittance Notice Solution For Non-MedFORCE SCAN Customers
MedFORCE announced today that it is making available a standalone Electronic Remittance Notice (ERN) solution for companies not currently using MedFORCE SCAN. ERN files are available for download from Medicare, Medicaid, and a number of private carriers, and contain an electronic version of the data contained in a paper EOMB (Explanation of Medical Benefits).
Chestnut Ridge, NY (PRWEB) August 8, 2005 -- MedFORCE Technologies, Inc.
announced today that it is making available a standalone Electronic Remittance
Notice (ERN) solution for companies not currently using MedFORCE SCAN. ERN files
are available for download from Medicare, Medicaid, and a number of private
carriers, and contain an electronic version of the data contained in a paper
EOMB (Explanation of Medical Benefits). The package, called MedFORCE ERN, offers
non-MedFORCE SCAN customers all the ERN auditing, reporting, and workflow
benefits available with the company's flagship product, now on version
4.3.
Some of MedFORCE ERN's capabilities include:
* Import ERNs
from all available payors;
* Print patient-specific EOMBs stored in each
patient file;
* Create appeal / reconsideration coversheets;
* Print
denial analysis detail and summary reports;
* Monitor, track and compare the
effectiveness of employee work;
* And more.
“We've determined that for
every million dollars in sales that a company earns, someone spends two to three
hours per day copying EOMBs and tracking down denied claims,” explained Esther
Apter, CEO of MedFORCE Technologies. “That translates to a cost of no less than
$7,000 per year and does not even include bad debt write offs for claims that
were missed!”
MedFORCE ERN is available for $2,500 for up to 10
concurrent users with an annual maintenance fee of $500. ERN customers will have
the option to apply the purchase price toward an upgrade to MedFORCE SCAN at any
time.
About MedFORCE SCAN
MedFORCE SCAN is specifically designed
to meet the ongoing challenges of the healthcare industry and uses the latest
technologies available in today's digital world. It replaces existing manual
filing systems with a centralized digital system, functioning just like the
paper files that clients are used to dealing with. MedFORCE SCAN can link with
most medical billing software packages available today and is the only document
imaging system that addresses all compliance issues within the healthcare
industry. MedFORCE SCAN was recently named the document imaging solution
provider of choice for the American Association for Homecare and its members.
About MedFORCE Technologies, Inc.
MedFORCE Technologies is a software
company that develops applications for the healthcare industry. It was started
with the collaboration of its parent company, Healthcare Management Solutions
Inc., (HMS) a medical billing service company. HMS has been an established name
in the healthcare industry since 1993.
MedFORCE SCAN has been in use
since 2000. Due to the fact that HMS's clients encompass a wide variety of
medical providers, the software is designed with the understanding of the unique
needs of all types of medical offices and businesses. Scanning documents has
proved so beneficial to HMS that MedFORCE Technologies was created in order to
provide a stand alone scanning program specifically customized for the medical
industry.
All product releases are vigorously tested and implemented at HMS.
This gives MedFORCE Technologies the unique advantage of having detailed,
practical insight into the effectiveness of the software, tested in real-world
situations. For more information or to arrange a live online demo, please see www.medforcetech.com.
Contact:
Esther
Apter
MedFORCE Technologies
866-237-1190
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Source : http://www.prweb.com/releases/2005/8/prweb269928.htm