Tag: RemitData
RemitData sells to eSolutions
September 19, 2017HME News Staff
PLANO, Texas, and OVERLAND PARK, Kan. - RemitData has been acquired by eSolutions, a provider of healthcare and analytics solutions. RemitData will allow eSolutions to further expand its footprint outside of existing markets in the healthcare industry, as well as provide greater diversification within the FQHC, ambulatory, ASC, hospital-owned physician markets and more. “RemitDATA's technology will provide significant upgrades to our customers' reporting and analytics services,”...
Comparative analytics: Manage revenue cycle
May 28, 2014Brian Fugere
A. Managing the revenue cycle is more challenging than ever. HME/DME providers need to identify and analyze the issues that impact performance and streamline processes to stay competitive.Efficiency is a key component to the revenue cycle of any HME provider. Getting the money in the door starts with the provider documenting all aspects of the business completed in a timely manner.Next, the billing and coding team(s) takes over to properly code the encounter and form the claim.The last steps are...
Automation: The cure for bad billing habits
April 25, 2014John Andrews
In an era where HME providers are regularly submitting to RAC audits, they may find a saving grace in the type of automated billing system they use, vendors say. Through advanced functionality, verification capabilities and relevant analytics, today's billing systems have become a necessary tool to protect revenues against auditors' intensive scrutinizing.
Wayne Bailey, director of marketing and sales at Thousand Oaks, Calif.-based Bonafide Management Systems lists three reasons why automation...
Comparative analytics: Isolate areas to improve
January 24, 2014Brian Fugere
A. Identifying and isolating areas that can improve financial performance requires comparative analytics to measure, monitor and manage key indicators through benchmarking results against peers.Under the new reimbursement initiatives, HME providers are increasingly shouldering higher levels of risk to earn the same revenues that they received in the past. The ability to track all of the metrics associated with these initiatives, and then compare your performance against your peers, is becoming a...
In brief: Medtrade standouts, Round 1 re-do
October 19, 2012HME News Staff
ATLANTA - Six manufacturers earned awards at Medtrade last week for their standout products and booths. The following manufacturers took home awards for their products: Drive Medical, Innovation award, for its Nitro Rollator; Triumph Mobility, Merit award, for its Panthera X Wheelchair; and Active Controls, Providers' Choice award, for its Center Drive System. The following manufacturers took home awards for their booths: Philips Respironics, best booth over 400 square feet; TeamDME, best booth less...
Briefs: Drive Medical builds web stores for providers
May 24, 2012Liz Beaulieu, Editor
PORT WASHINGTON, N.Y. - Drive Medical now helps HME providers build and maintain their own customized and branded web stores, the manufacturer announced in an April 19 release. The “Web Store Builder Program” helps providers market and/or sell their products online, allowing them to be more competitive in the marketplace, according to the release. Drive sets up and maintains the websites; all providers have to do is answer some simple questions about their needs. The turnaround is a matter...