RealMed News
RealMed’s software release improves payment speed, increases flexible
customization, and enhances time-saving features // 03.23.09
INDIANAPOLIS, March 23, 2009 -- RealMed, the highly ranked leader in web-based, medical provider
revenue cycle management software solutions and services announced the immediate availability of the
first major release of 2009. RealMed latest version of software, version 9.0, pushes forward technical
innovations to maximize physician revenues with even faster speed and increased user productivity.
“We work closely with our customers, right in their offices every day. We know that it is taking enormous
effort just to stay even in this crunched economy” said Phil Christianson, CEO of RealMed. “With our
latest release, we are delivering enhanced functionality that cuts through the increasingly difficult barriers
to receiving faster payments from physicians and patients. No other service can match our proven
combination of technology and personal customer support.”
RealMed streamlines payments and data entry with three key advances:
- Important enhancements to Remittance Management streamline and organize remittance
posting. Now it is even easier to manage posting workflow, follow up on un-posted remits, and
review remittance post-back processes. Payment information access is more efficient with easy
to view explanation of payments and the ability to automatically set-up remittance payer lists.
- New matching criteria in remittance auto-matching functionality dramatically improves the number
of remits which are matched back to the submitted claim.
- RealMed is swipe card ready for all capable payers. With new WEDI standards for health
insurance swipe cards in place, offices can cut entry errors and save time by retrieving
demographic information before requesting benefits.
RealMed’s latest version offers additional customization features for individual practices, each
designed to increase productivity:
- Status management inquiries are easier with customizable, one click, pre-set searches designed
to reduce training time.
- Completion of missing secondary claim information is faster with easy-to- see data fields.
- New Edit and Error Management features automatically assign claim errors to specific users by
the provider, payer, error number or error category.
- Login settings can also be customized to go directly to a favorite, most-accessed office when
accessing the application.
"One of the biggest challenges is dealing with operating costs that are rising more rapidly than revenue in
an uncertain economic time,” said Christianson. “All sizes of physician practices have long wrestled with
ways to discover efficiencies and select the right clearinghouse solution in a complex and error-prone
reimbursement system. Our clients are better able to survive, and thrive, because RealMed takes the
guesswork out of new coding systems, changes in documentation requirements, and problems inherent in
submitting claims to a myriad of health insurance and government payers.”
About RealMed
RealMed helps today's healthcare organizations by optimizing information exchange through dynamic revenue cycle, clinical and financial management solutions. We take a unique approach to client service, partnering with 23,000 physicians through our highly-rated local support teams. RealMed empowers healthcare organizations to minimize transaction processing costs, increase user productivity and reduce the administrative burden placed on all stakeholders. RealMed solutions support real-time and batch information exchange via a web portal, electronic data interchange (EDI) and business to business (B2B) integrations. RealMed has electronic access to over 2,000 payers. For more information, please visit www.realmed.com.