San Diego, CA (PRWEB) March 07, 2012
CPU Medical Management Systems, a leading healthcare, medical, and professional billing software solutions provider, entered into an agreement today with NDS, a leading provider of healthcare payment automation and document management solutions. CPU has chosen NDS’ Providers Edge product to enhance their back office environment. NDS will automate CPU’s MED/FM manual payment processes resulting in converting paper remittances (EOBs) from multiple payers into ANSI standard 835 ERA.
CPU customers will now benefit from NDS’s Providers Edge which offers a fast, efficient, and seamless process in merging 835 files and paper explanation of benefits (EOBs). This solution has assisted hundreds of customers who were faced with the challenge of minimizing billing denials and eliminating bottlenecks within their collections processes.
"By integrating NDS' "Providers Edge" solution, CPU Medical Management System has helped their customers gain enhanced bandwidth to focus on their core operations. NDS Providers Edge provides CPU Medical Management Systems clients with paperless handling of EOB's, increased user productivity, and substantial reduction of operational expenses.” said Nick Loy, Senior Vice President of NDS.
In particular, the partnership between CPU and NDS will provide CPU MED/FM clients with:
-The ability to improve revenue capture
-Enhanced reduction of days in A/R
-Efficient tracking and management of billing denials
-Elimination of manual processes and routine tasks
-Reduction in operational expenses
About CPU Medical Management Systems, Inc.:
CPU Medical Management Systems, Inc., is a leading provider of cloud-based healthcare information systems for physician organizations and billing services. CPU’s practice management solutions tackle administrative and financial tasks with ease and accuracy, improving efficiency, increasing collections, and decreasing the cost of billing. CPU is managed by MED3OOO.
MED3OOO is a leading provider of healthcare management and technology services that improve outcomes for providers, health plans, and the patients and employees they serve. The Company provides a broad array of proprietary solutions for physician groups, hospitals, health systems, health risk organizations, and state and local municipalities, enabling them to reach their maximum potential with respect to operational, financial, and clinical results. Through the integrated application of systems, operations, analytics and domain expertise, MED3OOO serves as the premier strategic operations partner for the healthcare community. The Company’s depth of knowledge across its services, economies of scale, infrastructure, and ability to offer and manage disparate information systems provide MED3OOO with a distinct competitive advantage in the rapidly evolving healthcare industry. Each of the components of MED3OOO’s product and services suite is a critical competency for moving toward the delivery of accountable care.
NDS is a leading provider of healthcare payment automation and document management solutions, converting over 30 million paper EOB’s per month to electronic 835 annually. The NDS's advanced image conversion process enables healthcare business process automation by optimizing payment posting, denial management, reporting analytics and document management. One of the pioneers in global technology and business process outsourcing, NDS helps companies worldwide to implement technology solutions that simplify complex operational workflow projects while reducing operational costs.