CareMedic Systems Announces General Availability of the New Revenue Cycle Performance Dashboard.ST. PETERSBURG, Fla. -- CareMedic Systems, Inc. announces the release of the first ever, fully integrated revenue cycle performance management dashboard. CareMedic's Web-based dashboard is integrated with its AccelerateAR[TM] MedicareRT[TM] solution to provide users with clear, crisp, accurate measurements of performance and profitability. "The dashboard complements our industry-leading Medicare real-time direct entry solution to deliver personalized views, customizable alerts, dynamic drill-down, trending and data analysis. We are very excited about this new offering and the value it will bring to our customers," notes Sheila Schweitzer, chairperson 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 CareMedic Systems. The CareMedic performance management dashboard is a comprehensive decision support tool designed to gather and analyze data from the MedicareRT system and create key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. (KPIs). Using a combination of analytical tools, data aggregation methods and personalized views, the dashboard provides valuable information that enables more effective revenue cycle management at every level. The solution includes standard CFO See Chief Financial Officer. , patient financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. manager and billing manager views designed around those roles and responsibilities. Each user can further personalize the views 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. individual preferences and priorities. "Having quick access to targeted information will help our customers save time, improve productivity and accountability, and reduce management surprises," adds Schweitzer. KPIs for the MedicareRT dashboard include items that must be monitored every day, such as denial rates and dollars, AR aging, days in AR, daily revenue and the amount and number of unbilled claims. "With the new performance dashboard, we can quickly and efficiently monitor key performance indicators within our revenue cycle to minimize reporting, data reconciliation and validation--which results in immediate enhancement of cash collections," says Debbie Messina, manager of patient accounts at The Stamford Hospital Stamford Hospital is a private, nonprofit, community and teaching hospital in Stamford, Connecticut, with 440 affiliated doctors. The hospital has 305 inpatient beds in medicine, surgery, obstetrics/gynecology, psychiatry, and medical and surgical critical care units. , a beta site An organization or group that is beta testing hardware and/or software. See beta test. for the dashboard technology. "We are extremely pleased and excited to have this advanced management tool at our fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. ." CareMedic will soon launch performance dashboards for its AccelerateAR Claims Management, SecondaryGold[TM] and electronic Financial Record[TM] applications. 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 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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