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HI-TECH MANAGEMENT ATTACKS HEALTH CARE INDUSTRY RED TAPE AND HIGH COST WITH HOME-BUSINESS APPROACH

 HI-TECH MANAGEMENT ATTACKS HEALTH CARE INDUSTRY
 RED TAPE AND HIGH COST WITH HOME-BUSINESS APPROACH
 PASADENA, Calif., June 10 /PRNewswire/ -- Hi-Tech Management Systems makes available the latest in electronic billing and insurance claim submission technology to any health care provider through independently owned and operated Claims Processing and Billing Centers. These local centers submit insurance claims and bill patients for client practitioners, using the most efficient and economical methods -- thus cutting health care costs and improving the level of service.
 Health and Human Services Secretary Louis W. Sullivan, M.D. set the goal: "To slash the red tape Americans face in obtaining health care." As an initial step, he called for a 10 percent annual increase in the number of insurance claims submitted electronically. Industry analysts have estimated that submitting claims on paper, instead of electronically, wastes from $8 billion to $40 billion annually.
 "We found that many health care providers weren't willing or able to take full advantage of the many electronic services available to them," stated Greg Duvall, founder of Hi-Tech Management. "The home- based Billing Center concept makes this technology broadly available to all levels of the health care industry, and provides a local level of support."
 According to Hi-Tech Management, today most of a doctor's income comes from billing insurance companies, Medicare and Medicaid, but changes in the health care system over the past few years have made medical billing and insurance claim submission increasingly cumbersome. To get paid, the practitioner must handle many different types of forms and follow through with insurers on delayed payments, rejections, etc. The current system puts a severe strain on the personnel resources of individual and group practices -- even with the help of computerization. Health care providers are turning more and more to outside services, to free up staff time and attention for the expansion of practices and the improvement of patient care.
 Hi-Tech has been developing and supplying cutting-edge electronic productivity aids to this multibillion dollar industry since 1988. The expertise acquired has enabled the company to design a complete home-based or locally owned and operated Billing Center package that specifically satisfies the needs of health care providers.
 For the person who wants to set up and run his own business, Hi-Tech delivers everything needed to competently service the health care provider. This includes software, full training, promotion and sales aids and marketing and tech support. After completing Hi-Tech's training program, a Billing Center owner/operator can electronically prepare and submit insurance claims, perform patient billing, set up electronic patient payment plans and arrange accounts receivable financing as well. In some cases, Hi-Tech will even provide the center with its initial clients -- referring practitioners who express interest in the service to a center in their area. Hi-Tech has licensed, trained and certified more than 250 centers covering 45 states.
 According to Hi-Tech, this is a story of success -- putting people to work and expanding and improving service, in spite of the broad economic downturn. In the past four years Hi-Tech has grown from three to nearly 30 staff, with representatives covering the entire United States (in addition to 250 independent Business Centers). Sales have increased 10-fold over the past two years. The company is constantly working on increasing its level of service and researching and developing new products and services for the health care industry, and plans to continue this rate of growth for some time.
 -0- 6/10/92
 /CONTACT: Brad Sweigart of Hi-Tech Management Systems, 818-449-2554/ CO: Hi-Tech Management Systems ST: California IN: HEA INS SU: PDT


CH-EH -- LA009 -- 8666 06/10/92 09:00 EDT
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Publication:PR Newswire
Date:Jun 10, 1992
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