Plano, Texas (PRWEB) August 20, 2012
HealthTech Solutions Group® today announced a new payment posting module for health care facilities transitioning to new accounts receivable (A/R) platforms. The solution is an extension of the company's collection management platform, myCLAIMIQ AlphaCollector™.
"Many older, legacy A/R systems do not interface with the new clinical systems," said Derek Morkel, CEO. "As a result, providers are transitioning to newer financial systems to achieve full integration. Our payment posting module is ideal for facilities switching systems to ensure patient accounts are still being worked without paying expensive maintenance fees to the legacy system."
HealthTech Solutions Group's payment posting module functions much like that of a hospital patient accounting system. Current transaction codes can be migrated from the former host system to the module to ease the transition for the end user. It also features the ability to compare initial batch entry totals with actual transactions by showing a running variance. Once a batch is complete, it can be locked down securely and remains in history to be easily located as needed for audit purposes.
The new software module is part of HTSG's line of cloud-based tools to improve efficiency within the revenue cycle. As part of myCLAIMIQ AlphaCollector, the payment posting module features extensive reporting functionality. Reports can be generated by data range to produce copious detail to support summary general ledger entries as needed.
About HealthTech Solutions Group
HealthTech Solutions Group offers healthcare revenue cycle solutions for hospitals across the United States. HealthTech's integrated, cloud-based offerings include myCLAIMIQ AlphaCollector™, a cloud-based collections management and AR reporting platform; myCLAIMIQ Genie®, a claims analysis software; myCLAIMIQ CDMGenie™, a Charge Description Master analysis tool; and myCLAIMIQ AutoStatus™, automated claims statusing and denial management tool. More information about the company can be found on its website http://www.ht-llc.com.