Chestnut Ridge, NY (PRWEB) August 8, 2005
MedFORCE Technologies, Inc. announced today that it is making available a standalone Electronic Remittance Notice (ERN) solution for companies not currently using MedFORCE SCAN. ERN files are available for download from Medicare, Medicaid, and a number of private carriers, and contain an electronic version of the data contained in a paper EOMB (Explanation of Medical Benefits). The package, called MedFORCE ERN, offers non-MedFORCE SCAN customers all the ERN auditing, reporting, and workflow benefits available with the company's flagship product, now on version 4.3.
Some of MedFORCE ERN's capabilities include:
- Import ERNs from all available payors;
- Print patient-specific EOMBs stored in each patient file;
- Create appeal / reconsideration coversheets;
- Print denial analysis detail and summary reports;
- Monitor, track and compare the effectiveness of employee work;
- And more.
ÂWe've determined that for every million dollars in sales that a company earns, someone spends two to three hours per day copying EOMBs and tracking down denied claims,Â explained Esther Apter, CEO of MedFORCE Technologies. ÂThat translates to a cost of no less than $7,000 per year and does not even include bad debt write offs for claims that were missed!Â
MedFORCE ERN is available for $2,500 for up to 10 concurrent users with an annual maintenance fee of $500. ERN customers will have the option to apply the purchase price toward an upgrade to MedFORCE SCAN at any time.
About MedFORCE SCAN
MedFORCE SCAN is specifically designed to meet the ongoing challenges of the healthcare industry and uses the latest technologies available in today's digital world. It replaces existing manual filing systems with a centralized digital system, functioning just like the paper files that clients are used to dealing with. MedFORCE SCAN can link with most medical billing software packages available today and is the only document imaging system that addresses all compliance issues within the healthcare industry. MedFORCE SCAN was recently named the document imaging solution provider of choice for the American Association for Homecare and its members.
About MedFORCE Technologies, Inc.
MedFORCE Technologies is a software company that develops applications for the healthcare industry. It was started with the collaboration of its parent company, Healthcare Management Solutions Inc., (HMS) a medical billing service company. HMS has been an established name in the healthcare industry since 1993.
MedFORCE SCAN has been in use since 2000. Due to the fact that HMS's clients encompass a wide variety of medical providers, the software is designed with the understanding of the unique needs of all types of medical offices and businesses. Scanning documents has proved so beneficial to HMS that MedFORCE Technologies was created in order to provide a stand alone scanning program specifically customized for the medical industry.
All product releases are vigorously tested and implemented at HMS. This gives MedFORCE Technologies the unique advantage of having detailed, practical insight into the effectiveness of the software, tested in real-world situations. For more information or to arrange a live online demo, please see http://www.medforcetech.com.
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