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Allscripts Selects RemitDATA to Broaden its Physician Revenue Cycle Offering

06/08/2010

DALLAS, TX -- RemitDATA, Inc., the industry expert in reimbursement and utilization data and analysis in the outpatient healthcare market, today announced that Allscripts has selected RemitDATA to broaden its Revenue Cycle solution offering for physician groups. Allscripts will offer RemitDATA’s reimbursement tool, reports and benchmarking as an add-on solution for its 160,000 physician customers. The new Allscripts offering will enhance the current Allscripts portfolio by providing physicians with the business intelligence to fully optimize reimbursement and utilization efficiency.


The addition of RemitDATA’s solution presents many benefits to Allscripts customers by offering real-time insight into payer reimbursement trends; on-demand tools to identify denial patterns and payment delays; and, specialty-specific benchmarks to compare and measure financial performance against peers. The end result: fewer denials, quicker recovery of cash, and enhanced staff productivity.


“Allscripts is pleased to expand the capabilities of our revenue cycle solutions for physicians through relationships with innovators like RemitDATA,” said Lee Shapiro, President of Allscripts. “RemitDATA allows us to add a proven, production-ready tool to our portfolio that enables
Allscripts clients to quickly and easily create valuable analytics and benchmarking reports based on the remittance data already contained in our revenue cycle solutions.”


“We are thrilled to team with an industry-leader like Allscripts. Allscripts continues to lead the way in new technologies and solutions for its customers and we are proud to support that ongoing leadership commitment,” added Michael Sanderson, President of RemitDATA.


“RemitDATA is known as the industry expert in parsing electronic remittances and has built its reputation on delivering web-based, simple-to-use reports to help physicians recover more of their money, quicker,” states Dave Ellett, CEO of RemitDATA. “Our solution has been proven to help physicians minimize reimbursement concerns and accelerate cash flow so they can focus on what matters most—patient care. We are excited to be affiliated with Allscripts. Their selection of RemitDATA to provide new Denial Management capabilities to their revenue cycle solutions is a testimony of their commitment to helping physicians achieve success.”