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SOURCE RemitDATA Inc.
A unique subscription model provides practices with clear answers on how to create immediate value from comparative analytics to optimize their performance
PLANO, Texas, March 14, 2013 /PRNewswire/ -- RemitDATA Inc., the leading provider of comparative analytics of reimbursement, utilization and productivity data, today launched ClarifyMD®, an affordable subscription service for physicians' practices that provides:
"ClarifyMD is a single solution for a practice's revenue cycle needs that no other company offers today," said RemitDATA Chief Operating Officer Brian Fugere. "In addition to the cost savings this subscription service provides through increased efficiencies, the service itself is extremely time-and cost-efficient because it eliminates the need for a practice to retain and manage relationships with multiple consulting firms."
The ClarifyMD subscription reports leverage RemitDATA's TITAN®, a data-rich solution that provides a level of reimbursement, staff productivity, payer performance and utilization comparative analysis that previously was available only to payers, Medicare and regulators.
"Comparative analytics offerings for revenue cycle management are designed to allow practices to add greater transparency to financial data and performance metrics, and leverage actionable strategies for improving and correcting provider performance issues, resulting in increased collections and lower costs for the practice," noted Judy Hanover, research director, IDC Health Insights.
ClarifyMD helps physician practices optimize their performance in key areas such as:
ClarifyMD boasts a diverse network of healthcare consulting advisors who possess a broad array of skill sets and knowledge areas, including former practice managers, coders, certified public accountants, and staff from physician billing companies.
An important attribute of ClarifyMD is its extremely low impact on a practice's current operations. Since the subscription service's reports are driven by TITAN's software-as-a-service (SaaS) model, no hardware or software implementation is necessary. As a result, ClarifyMD's network of advisors can analyze a practice using TITAN in real-time and deliver in-depth reporting back to the practice at a much greater speed and accuracy than traditional healthcare consulting practices.
ClarifyMD is offered in a variety of affordable subscription options that are designed to meet the needs of any practice. Come see RemitDATA at booth 903 at AMGA to learn more.
Founded in 2000, RemitDATA Inc. helps more than 100,000 healthcare providers improve revenue and cash collections by identifying and correcting performance issues in the post-adjudication stage of the revenue cycle. The company provides a range of system-agnostic comparative analytic solutions with patented, proprietary technology offered in Software as a Service (SaaS) form for immediate value-add implementation, resulting in a faster return on investment. The end result is more enlightened providers with empowered practice management teams, improved employee productivity and increased profitability. Based in Memphis, Tennessee, and Plano, Texas, the company has enjoyed a more than 90 percent client renewal rate since its inception. For more information, please visit www.RemitDATA.com.
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