etransmedia News
Vikram Agrawal, President
www.etransmedia.com
marketing@etransmedia.com
FOR IMMEDIATE RELEASE
etransmedia signs prestigious
NJ Spinal Group
October 25, 2005,
Troy NY
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etransmedia is pleased to announce our selection as the Revenue
Management Cycle provider to a well-known Spinal Group in New
Jersey.
This group of distinguished orthopedists and
physical medicine providers had long suffered billing problems and
had in-fact switched billing services more than once in the last
few years. The management group was wary of switching to another
third-party biller after the problems and delays they had
experienced when switching before. Unfortunately, the reality of
their cash flow problems, and the realization that their current
biller could not perform, demanded they find another solution.
Referred by colleagues to etransmedia, the
Spine Group asked how best to approach the situation.
Etransmedia's analysis team produced a list of priority items and
began work immediately. First, Etransmedia's transition team
worked with the group's clearinghouse to begin submitting claims
electronically as soon as possible, thus ensuring that clean,
current claims provided the cash flow necessary to keep the
practice afloat. In tandem the transition team focused on the
previous billing service's record. Analysis revealed flat
payments despite seasonal variation in the group's charges, likely
indicating excessive write-offs. Moreover, the practice
management system showed a much larger amount of charges entered
than had been billed out; a large number of claims had simply
fallen through the cracks after being put aside for lack of chart
notes. Pulling data from the legacy system, Etransmedia
identified, corrected, and billed the neglected claims and the
practice has already received payments on most of them.
"It was very fortunate that they contacted us
when they did," said Etransmedia's Director of Healthcare Billing,
"Their cash flow was no longer at the point necessary to sustain
them, and they were on the brink of financial crisis as a result.
Our relationship with the clearinghouse they used really helped as
well in getting them set up to submit electronically with no
delay." The group is now again on solid footing, and is now
discussing the move from paper charts to etransmedia's EMR
product.
.About
Etransmedia
Etransmedia was
founded in 2000 to deliver high-quality, low-cost Health
Information Management solutions to healthcare practices.
Combining efficient processes, innovative technology, and highly
skilled resources, Etransmedia's solutions alleviate the hassles
of back office management, allowing healthcare organizations to
focus on their patients and core competencies.
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