|
August 8, 2005
MedFORCE Technologies Makes Available Standalone
Electronic Remittance Notice Solution For
Non-MedFORCE SCAN Customers
Chestnut Ridge, NY – 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 |