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5,000 Physicians to Escalate Cash & Operational Efficiencies through GHN-Online's Intelligent Revenue-Cycle Management Web Solution.


Business Editors/High-Tech Writers

DALLAS--(BUSINESS WIRE)--May 11, 2004

GHN-Online, a leading-edge and uniquely architected rules-based online and real-time clearinghouse offering the simplest and fastest claims-to-cash solution, anywhere, today announced that it has been selected by TriMed Solutions and its FastEMC software solution to provide its 5,000 physicians in 1,400 single as well as group practice facilities with state-of-the-art claims processing. Post-transition FastEMC's Physician clientele will have the additional opportunity to also add Eligibility as well as ERA (Electronic Remittance Advice An Electronic Remittance Advice is an electronic version of a payment explanation which provides details about providers' claims payment, and if the claims are denied, it would then contain the required explanations. ERA are provided by plans to Providers. )/EOB (Explanation of Benefit) functionality to optimize their respective Revenue-Cycle Management operations.

"FastEMC is an easy electronic claims software package used by small group practices and clinics, billing services, and software integrators looking for Looking for

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, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , TriMed Solutions. "GHN GHN German Hardware Network
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 was able to meet our need for an all-payer, web-enabled EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect.  solution: this partnership will allow us to serve our clients with better software, better connectivity, and streamlined work-flow. We are excited to be able to offer our providers the value that will come from consolidated claims status reporting, real-time claims management, eligibility verification, and the many other valuable tools available through this partnership."

Azadeh Farahmand, CEO and Founder of GHN-Online, stated: "We are looking forward to providing our services and support to FastEMC's sole and small-group practitioners with the same level of zeal that our large institutional clients receive, and we couldn't be happier with being selected by them. We are going to take their clients to heights of efficiency and optimal cashflow and reimbursements that in all likelihood they never thought possible."

About GHN-Online

GHN began its clearinghouse online and real-time operations in late 1999. Thousands of customers later, GHN is daily adding new clients who want to rid themselves of the still-existing inefficiencies found in the market, that has cost them untold time, energy, and money, and for which despite other technology offerings still find gaps in their business processes surrounding transactions. GHN has the countries largest network of payers in both the institutional as well as professional markets. Employing a preference-and-rules-based methodology GHN's solution range includes real-time claims processing that is completely synchronized with the payer's requirements, total elimination of lost transactions, real-time eligibility; and an ERA along with an EOB EOB Explanation Of Benefits
EOB End Of Block
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 that is fully translated and understood well beyond the cryptic 835 remittance advice made available by all others, rounded out by an enterprise-level reporting system allowing both individual and consolidated views of operations whether you are a single location or a multi-location operation.

About TriMed Solutions and FastEMC

TriMed Solutions, based in Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C., is a medical information processing solutions provider. TriMed Solutions and fpTechnologies FastEMC has been helping thousands of providers manage medical records and process electronic claims for over a decade.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 11, 2004
Words:465
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