Access Partners Selects Payformance Outsourcing and Raises the Standard for Secure Patient Statement Distribution.Business Editors JACKSONVILLE, Fla.--(BUSINESS WIRE)--Sept. 25, 2001 Payformance Corporation announces that Access Partners, a medical information services See Information Systems. and practice management company, will outsource the production of all patient statements for 400 physicians in 70 medical practices throughout New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. . Using Payformance Outsourcing, Access Partners will securely transfer the printing, processing and mailing of 15,000 monthly statements, adhering to the encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. standards required by law. Secure transmission of patient information, as required by Congress in the Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when (HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, ), is of utmost importance to Access Partners and their healthcare customers. HIPAA represents a new set of government standards guaranteeing the privacy of personal medical information. Meeting those standards, patient statement files are uploaded from the AccessSolutions(R) database via a secure Internet connection to the Payformance Processing Center. The process is simple, efficient, and enables Access to better control the costs associated with in-house statement production. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gary Janko, president and 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. of Access Partners, "We are in the business of delivering information systems, processing data, and analyzing information. Our core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
By outsourcing the paper factory, Access Partners optimizes the potential of its human and technology resources. Employees formerly assigned full-time to patient statements will now support more critical and demanding initiatives to enhance electronic handling of data over Access Partners' secure wide area network. Printers once dedicated to patient statements will run other important functions aiding Access Partners in its core information processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. and practice analysis functions. Like hundreds of other outsourcing customers, Access Partners looks forward to a substantial savings on time, resources, and the benefits of economies of scale that Payformance provides. About Access Partners Access Partners, Inc. offers medical practice management information software, AccessSolutions(R), together with billing and related account management services for healthcare providers nationwide. The Access suite of products has a demonstrated capability of maximizing physicians' productivity and cash flow while minimizing overhead costs overhead costs see fixed costs. . The Access focus permits medical practices, including major teaching hospitals and specialty centers, to outsource resource consuming administrative tasks, while retaining full control of critical management functions. Visit Access Partners on the web at www.access-partners.com. About Payformance Payformance Corporation was the first company to combine hardware and software for a true turnkey solution to securely print MICR-encoded payments. Serving more than 3,000 customers globally, Payformance Corporation is the leading developer of business-to-business payment automation systems. The technology envisioned and created by Payformance Corporation enables corporate financial officers to smoothly migrate the highly inefficient paper factories toward electronic payment fulfillment. Visit Payformance on the web at www.payformance.com. |
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