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All Press Releases for July 27, 2004 Subscribe to this News Feed     Subscribe to this Podcast Feed  
 

FisaCure Plays Role at the Secretarial Summit on Health Information Technology

FisaCure strongly supports Health and Human Services Secretary Tommy G. Thompson's outline of a 10-year plan to transform the delivery of healthcare. Ed Jones, executive vice president for FisaCure, Inc., participated as a "reactor panelist" at last week's Secretarial Summit on Health Information Technology held in Washington, DC.

Dallas, TX (PRWEB) July 27, 2004 -- FisaCure, the leading provider of HIPAA-compliant transaction sets for electronic remittance services, strongly supports Health and Human Services Secretary Tommy G. Thompsons outline of a 10-year plan to transform the delivery of healthcare by building a new health information infrastructure, including electronic health records (EHR) and a new network to link health records nationwide. Ed Jones, executive vice president for FisaCure, Inc., participated as a "reactor panelist" at last week's Secretarial Summit on Health Information Technology held in Washington, DC. The HHS Secretary and David Brailer, M.D., the National Coordinator for Health Information Technology, sponsored the event.

In its early development of electronic remittance processing (ERP), FisaCure has pioneered the industry in products and services to automate and enhance the efficiency of provider receivables management. The receivable management solutions automate the conversion of paper Explanation of Payments (EOP) and electronic remittance files to create a strategic advantage for providers by reducing receivable posting and research costs. It has created new industry standards, such as Web-based image retrieval services linked to receivables workflow and analysis. FisaCure now has over five years of experience in enhancing the electronic remittance transactions for multiple providers and payers. In doing so, it believes it has already established one of the key foundations to make EHRs a reality by leading in the key goals of establishing continuity of health records over a patients lifetime, providing a platform of collaboration between service providers, enabling the infrastructure for integration of knowledge for decision support and the aggregation of health information over a population.

In his role as Chair of the Board of Directors of the Workgroup for Electronic Data Interchange (WEDI), FisaCure's Jones joined business and healthcare leaders from around the United States who reacted to Secretary Thompson and Dr. Brailer's strategic framework for "a new vision for healthcare made possible through the use of information technology."

In his remarks, Jones said, "HHS should bolster federal support, through educational initiatives and investment and reimbursement incentives, of continued development and implementation of interoperable Electronic Health Record (EHR) standards that sustain seamless integration of clinical and business workflows and accommodate real-time claims and remittance processing." Jones also noted the significant progress the federal government has made in government-wide adoption of healthcare standards under its Consolidated Health Informatics (CHI) program and deployment of EHR technologies provides an exemplar for the private sector of the healthcare industry.

"The federal CHI program adopts the HIPAA transactions and code standards along with clinical standards," stated Steve Arning, president of FisaCure. "This will lead to integration of administrative (business) and clinical functions in one EHR system. Through our early advances in this arena, we have proven that FisaCure's secure Internet-accessible, HIPAA-compliant solutions attain measurable value by combining workflow tools and analysis with remittance information. We see many applications for these advances and intend to further our lead in the development of these technologies."

For providers, FisaCure today provides HIPAA-compliant 835 remittance and auto-posting solutions that can be seamlessly integrated into providers' EHR systems as they are deployed in the future. For banks, FisaCure's solutions can strengthen a provider's customer relationship with its financial institution, and allows banks to offer cost-saving technology to its customers. For health plans, FisaCure's solutions can eliminate administrative costs associated with deploying paper EOPs to banks and providers as part of the payment process.

About FisaCure (www.FisaCure.com)

FisaCure, founded in 1996, is headquartered in Dallas, Texas. FisaCure specializes in providing the HIPAA-compliant transaction sets for electronic remittance services. Other areas of expertise include: claims and coding edits, electronic appeals and contract management applications for both providers and payers. Over the years, FisaCure has forged strategic partnerships that have extended its capabilities and created new industry standards, including Web-based image retrieval services.

While most of the health care industry is just becoming familiar with electronic remittance processing, FisaCure has more than five years experience enhancing the delivery of electronic remittance transactions for multiple providers and provider information systems. FisaCure continues to develop new rules and procedures to reduce provider exceptions and therefore maximize the benefit of electronic remittance processing for customers.

SOURCE: FisaCure, Inc.

Contact Information:
Randall Crabtree
972-512-5158
rcrabtree@fisacure.com
FisaCure

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