Systemware Introduces New Revenue Cycle Management Solution for Hospitals

Oct 24, 2006

Systemware, Inc., an enterprise content management company, has announced the launch of Centraspect HC for Revenue Cycle Management, a new solution designed to help hospitals streamline their patient billing and collections processes. Centraspect HC for Revenue Cycle Management captures billing, claim, and payment information and delivers it in a single, unified view to support hospitals' efforts in expediting the billing cycle. By providing a virtual view of a patient's complete financial history, Systemware helps accounting personnel accelerate cash collections, facilitate efficient billing processes, and reduce patient billing processing costs.

Key features of Centraspect HC for Revenue Cycle Management include: the ability to automate claims payment posting process through support for automated workflow and ANSI EDI 835 formatted EOBs; the ability to integrate with existing claims system; role-based access by user to ensure security and compliance; a logical view of all patient information including claims, EOBs, secondary claims and correspondence, organized in a virtual patient chart; a single, scalable repository and detailed indexing for all documents; display of operational and executive RCM dashboards, highlighting operational bottlenecks and financial impact; and facilitates call center support.