MetaSource Announces Launch of Medical Banking Solution

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The MetaSource Medical Banking Solution provides comprehensive Hospital/Provider services for Medical Banking, Medical Records Conversion, and Contact Center Services

By partnering with best-of-class technology and service providers ImageScan and Secure EDI, MetaSource integrates state-of-the-art technology for lockbox processing and EOB conversion with the top business analytics/clearinghouse solution.

MetaSource LLC, a leading business process outsourcing(BPO) provider of back office and content management solutions, today announced the official launch of their Medical Banking Solution offered to hospitals/providers, and their financial partners. MetaSource's Medical Banking Solution is the newest suite-of-services in the company’s line of Healthcare Solutions.

“MetaSource has integrated a robust Medical Banking solution that allows healthcare providers to decrease the cost of processing checks and EOB’s, facilitate denial management, and provide business analytics for all incoming payment transactions,” states Chuck Ramsburg, VP Healthcare Admin Services at MetaSource. “By partnering with ImageScan for lockbox/check processing and EOB conversion technology and with Secure EDI for clearinghouse and business analytics functions, healthcare providers of all sizes can take advantage of a fully integrated medical banking technology and services solution without any capital investment.”

The MetaSource Medical Banking Solution provides a variety of services including lock box processing, flexible remote and central check and EOB scanning, check processing, EOB conversion to 835, receipt of electronic 835 transactions directly from the payer, integration and normalization of all paper originating and EDI originating 835 transactions, re-association with original 837 claim facilitating denial management, and upload normalized 835 to provider systems for processing. A full suite of web-based business analytics tools and reporting are also included. All services are offered on a hosted model and transaction based pricing to support project-based or recurring services solutions with no capital investment.

“ImageScan is pleased to support MetaSource’s development of the healthcare BPO business model,” says Nigel Gardner, Director, Business Development of ImageScan Inc. “Using our state-of-the-art software technology for accounts receivables management, and EOB paper to EDI conversion as a service, MetaSource can facilitate the back office functions for healthcare providers to let them focus on their core competency of delivering quality healthcare.”

Secure EDI VP, Joe Gonzalez states, “By combining MetaSource’s services for managing the front-end technology for check processing and paper to EDI conversion, Secure EDI is able to provide an aggregated solution for managing and normalizing the provider payment process for both paper and EDI transactions.”

By partnering with best-of-class technology and service providers ImageScan and Secure EDI, MetaSource integrates state-of-the-art technology for lockbox processing and EOB conversion with the top business analytics/clearinghouse solution.

MetaSource will be exhibiting at the HIMSS Annual Conference and Exhibition at the Orange County Convention Center in Orlando, Florida on February 20-24, 2011 in booth 4787 to demonstrate their Medical Banking Solutions.

About MetaSource

Headquartered in Bristol, Pennsylvania, MetaSource is a leading business process outsourcer (BPO) of back office and content management solutions servicing resellers and clients throughout the United States through a network of SAS 70 Type II and PCI certified locations in the U.S., Mexico, Canada, China and India. MetaSource focuses on information and labor intensive processes that leverage dimensions such as innovation, cost, turnaround, scale, and flexibility to drive client value in multiple industries, including healthcare, transportation, retail, grocery, financial, insurance, legal, and government. For additional information contact Chuck Ramsburg at 410-452-5076 or cramsburg(at)metasource(dot)com.

About ImageScan Inc.

ImageScan Inc. is a U.S.-based, leading software solutions provider for accounts receivables management and transactional content unification. Founded in 1992, ImageScan is a top supplier to Tier 1 financial institutions in the U.S. and a Microsoft-certified partner. Servicing Fortune 500 customers, ImageScan offers industry-specific solutions and services to organizations within banking, healthcare, government, outsourcing, non-profit, insurance and fulfillment. By deploying solutions in a timely, non-disruptive, and cost-effective manner, ImageScan offers customers a reduced cost structure, optimized business intelligence, increased accuracy and the ability to provide differentiated services to their marketplace. With unmatched innovation and superior customer service, ImageScan’s solutions are fully scalable and operate in some of the most demanding of HIPAA, PCI and anti-fraud environments to meet customers’ evolving needs. For more information, visit http://www.goImageScan.com.

About Secure EDI

Secure EDI is a recognized market leader as a value-added HIPAA transactions intermediary for medical, dental and institutional providers. They provide seamless electronic billing and support services for both payers and providers. For more information, visit http://www.secureedi.com.

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