Indianapolis, February 19, 2010: A May 2009 Health Affairs article estimated that providers spend up to $69,000 per physician calling payers each year, much of it to resolve issues related to claims denied for lack of complete information. In response, Blue Cross and Blue Shield of Illinois (BCBSIL) and RealMed have launched a cooperative agreement focused on reducing that expense for Illinois providers.

RealMed, a leading provider of web-based revenue cycle management solutions for healthcare providers, hospitals and payers, today announced a signed contract with DC-based George Washington University Medical Faculty Associates (MFA) for secure, internet-based, real-time adjudication and processing of electronic claims transactions, real-time claims editing, automatic claims status and electronic remittance advice management.

RealMed, a leader in web-based revenue cycle management solutions for healthcare professionals, announces today that for the fifth consecutive period it achieved full accreditation with the Healthcare Network Accreditation Program (HNAP) from the Electronic Healthcare Network Accreditation Commission (EHNAC)...

Indiana Business Journal article, January 4, 2010. RealMed enjoys a nearly 99-percent renewal rate among its current customers and attracted 4,000 new doctors in 2009...

RealMed clients place the company in its leadership position in the “2009 Top 20 Best in KLAS Awards” report.