Financial Software helps hospitals meet revenue recovery goals.November 20, 2009 -
Web-based ClearContracts(TM) v9.0 features revenue recovery management as well as expected reimbursement calculations and lets users choose options to optimize percentage payment on all contracted rate schedules. Functionality also helps streamline ability to classify, manage, and distribute accounts for collection across any healthcare organization. Also, program expedites month-end close with financial processing capabilities.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
Concuity
150 Fairway Drive, Suite 146
Vernon Hills, IL, 60061
USA
Concuity Announces Next-Generation Revenue Cycle Management Solution
New ClearContracts(TM) 9.0 to Improve Clients' Revenues, Security and Month-End Processing
VERNON HILLS, Ill. and DUBLIN, Nov. 16 -- Concuity, a healthcare division of Trintech (NASDAQ:TTPA) and a leading provider of Revenue Cycle Management technology and services, announced the new release of ClearContracts(TM) 9.0. Used by the largest and most sophisticated hospital systems in the U.S., ClearContracts(TM) is a web-based suite of software that enables healthcare providers to meet all of their managed care and revenue recovery goals.
Concuity's ClearContracts(TM) version 9.0 introduces a new level of sophistication and functionality in Payer Compliance and Revenue Management solutions. This new release offers customers a more immediate ROI with significant enhancements to revenue recovery management and expected reimbursement calculations. With version 9.0, clients can choose between more options to optimize the percentage payment on all contracted rate schedules. The system also introduces enhancements that streamline the ability to classify, manage, and distribute accounts for collection across any healthcare organization. Additionally, users can now expedite their month-end close with enhanced financial processing capabilities, including accrual calculations and support for Medicare Cost Reporting. ClearContracts(TM) 9.0 includes extensive user security features that support Concuity clients' desire to control and monitor user access to many functions including Documentation & Compliance, Calculation Engine Rate Schedules, Reports, and Accounts.
"We have a consistent track record of delivering the most robust revenue cycle management technology in our industry and want our clients to be able to take advantage of our deep industry experience," said Paul Byrne, President of Concuity. "ClearContracts(TM) 9.0 provides a dramatic increase in functionality, enabling healthcare providers to grow their bottom line, facilitate the month-end closing process, and address the growing trend of estimating patient liability."
About Concuity
Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts(TM), that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.
Concuity's rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 866.342.4636 or visit www.concuity.com.
About Trintech Group
Trintech Group Plc (NASDAQ:TTPA) is a leading global provider of integrated financial governance, risk management, and compliance software solutions for commercial, financial, and healthcare markets. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.
For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.
Trintech - 15851 Dallas Parkway, Suite 900 - Addison, TX 75001
- Tel 1 972 701 9802
Trintech UK Ltd. - Warnford Court, 29 Throgmorton St. - London EC2N2AT, UK
- 44 (0) 20 7628 5235
Trintech Technologies - Block C, Central Park - Leopardstown, Dublin 18,
Ireland - Tel 353 1 293 9840
Concuity Press Contact:
Vernon Hills, IL: David Rodriguez, Director of Product Marketing and Sales
Tel. +1 847 941 9230. email: drodriguez@concuity.com
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