CareMedic Outlines Company's Progress, Future Direction at 2007 User Group Conference.New Blended Offerings, Product and Support Delivery Initiatives Named Top Priorities ST. PETERSBURG, Fla. -- CareMedic Systems, Inc., hosted its 7th annual User Group Conference October 7-10, 2007, in Orlando, Fla., and shared with healthcare financial leaders from across the country the company's direction toward offering blended service and technology solutions, the introduction of customer-focused support and delivery initiatives, and user success stories. The company also announced its new product advisory board members. During breakout sessions, attendees learned about planned enhancements to specific CareMedic solutions, and enjoyed face-to-face meetings with product management, providing feedback regarding features and capabilities they would like to see included in product roadmaps. "This year's user conference was meant to reinforce how we continue evolving our solution offerings to help our customers gain control over the new revenue cycle pain points industry dynamics are creating," observed Sheila Schweitzer, CareMedic's chairperson chairperson Chairman The head of an academic department. See 'Chair.', Cf Chief. and chief executive officer. "Our product portfolio has matured into an integrated suite of applications that addresses the full range of revenue cycle issues. In the past year, we've introduced new solutions to address efficiencies in collecting secondary claims, and receiving and posting paper EOB EOB Explanation Of Benefits EOB End Of Block EOB Eye of the Beholder (game) EOB Executive Office Building (next to White House) EOB Electronic Order of Battle EOB Electricity Oversight Board and 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. . Beyond these solutions, CareMedic is focusing on emerging trends, such as increased self-pay dollars that are mandating that providers rethink re·think tr. & intr.v. re·thought , re·think·ing, re·thinks To reconsider (something) or to involve oneself in reconsideration. re how they conduct business, particularly in the areas of pre-registration and registration." Schweitzer cited in her opening address a few of the company's progress milestones: * Introduction of SecondaryGold[TM], which combines the power of the company's flagship AccelerateAR[TM] MedicareRT[TM] direct entry and claims management solution with outsourced billing staff follow-up services to relieve hospitals from the tedium of working high volume, low dollar secondary claims. * Introduction of the revenue cycle performance dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. to complement MedicareRT, Claims Management, SecondaryGold and the electronic Financial Record[TM] (eFR[TM]). * Introduction of OptimizeAR[TM] Consolidated Payment Management to address the unique challenges associated with converting paper-based payment data to electronic format and consolidating it with data received electronically. "We have had a very successful year, and continue to grow in double digits Double Digits was a pricing game on the American television game show, The Price Is Right. Played from April 20, 1973 through May 18, 1973's show, it was played for a car and used small prizes. annually. As we move forward, you can expect us to continue to introduce blended solutions and capabilities that will address bad debt and self-pay revenue," Schweitzer noted during her address. "Given the complexity of the issues at hand, we are opting to offer total solutions, not just products, to help you improve performance and to make you the heroes in your organization." A full complement of CareMedic executive management, product experts and trainers were on hand to meet with customers during the three-day event three-day event a competition in the pleasure horse sport comprising usually one day each for dressage, cross country and show jumping. , briefing attendees on upcoming software releases, improved support procedures and product development strategies. The event's Solutions Expo enabled one-on-one demonstrations of the company's products and services, and an evening at Disney-MGM Studios Disney-MGM Studios is a theme park at Walt Disney World Resort in Lake Buena Vista, Florida, USA. The third park to open at the resort, it debuted on May 1, 1989. Spanning 135 acres (546,000 m²) in size, the park's theme is show business, drawing inspiration from the heyday of provided a welcome break from the meetings and presentations. "The 2007 CareMedic User Group Conference was one of the most informative and strategic conferences I've attended in the last decade," said Michael G. Wilson Michael G. Wilson (born 1943) is the stepson of the late James Bond producer Albert R. Broccoli and half brother to current James Bond co-producer, Barbara Broccoli. Actor Lewis Wilson is his father. Wilson graduated from Harvey Mudd College in 1963 as an electrical engineer. , director of business services, DCH DCH Department of Community Health DCH Diploma in Child Health DCH Defend Council Housing (UK) DCH Data Channel DCH Dil Chahta Hai (movie) DCH Dhaka Community Hospital Health System. "I gained insight on ways to manage my accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying from cradle to grave within an integrated and cost-effective environment. It provided me with a clear vision of how to proceed to best utilize current technology, and a view of what's to come. I highly recommend that all of my peers join me at the 2008 conference." About CareMedic Systems Founded in 1997, CareMedic Systems provides enabling technologies and outsourced services that move and manage critical data through the healthcare revenue cycle, ultimately improving cash flow and margins while reducing operational expenses. The company's fully integrated data management and workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. tools address revenue cycle activity from inception through claims resolution, and require manual intervention only when necessary. CareMedic is committed to consistently delivering results to its customers. For additional information, visit www.caremedic.com. |
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