SOURCE: Cincom Systems

October 01, 2007 14:17 ET

New Healthcare Software Application Improves Patient Satisfaction, Cuts Costs

Cincom Systems and Provider Advantage Form Strategic Alliance to Address Critical Healthcare Technology Issues

CINCINNATI, OH--(Marketwire - October 1, 2007) - Rising costs, slow adoption of new technologies, cumbersome regulatory requirements and technology systems gridlock are difficult issues hampering the healthcare industry. Behind the Iraq War, healthcare is the number-one issue the U.S. public wants presidential candidates to address.

Point of Entry... Point of Pain

One major process that stymies patients and healthcare providers starts at the patient's point of entry -- the registration process. It can quickly become a major point of pain.

Outdated manual processes and inaccurate or flawed data can quickly sour a patient's experience, delay treatment, frustrate staff, and have an adverse effect on hospital revenue.

To help cure some of these issues, Cincom Systems (www.cincom.com), a worldwide software provider, and Provider Advantage (www.provider-advantage.com), a leading healthcare technology company, have developed and are jointly marketing a new software solution, Revenue360™ (www.revenue360.net), that guides and supports hospital personnel through these complex revenue-cycle functions.

Revenue360 optimizes a healthcare provider's entire revenue cycle by providing access to all relevant patient information, and then intelligently guiding their personnel through the complex revenue-related processes. This helps hospitals and other healthcare providers

--  Improve patient and staff satisfaction,
--  Improve financial performance,
--  Improve revenue cycles, and
--  Reduce costs.
    

Revenue360 incorporates previously disparate functions in modules such as Eligibility Verification, Demographic Validation, Payment Assessment, Medicaid and Charity Assessment, and Pricing Estimator.

Point of Pain to Point of Gain

Innovative hospital and healthcare providers are increasingly incorporating new software applications like Revenue360 as a fundamental part of their business strategy to help meet and beat expectations of patients, shareholders, and consumers.

"We are excited to be working with Provider Advantage, who has a great pedigree in the healthcare sector, in developing and marketing Revenue360. We believe that healthcare facilities are ready for new solutions that will have significant impacts on their revenue processes and patient satisfaction," says Chris Woodhead, director of Cincom's Intelligent Business Application division.

For more information and a Revenue360 Solution overview, click here.

About Cincom Systems

Cincom delivers and supports innovative software and services to simplify complex business processes. For nearly 40 years, Cincom has empowered thousands of clients worldwide to outperform the competition by providing ways to increase revenue, control cost, minimize risk, and achieve rapid ROI. Cincom's Intelligent Guided RegistrationTM, which enables the correct insurance code to be identified by using a guided process, has been integrated into the new Revenue360 solution.

For more information about Cincom's products and services, contact Cincom at 1-800-2CINCOM (USA only), send an e-mail to info@cincom.com, or visit the company's website at www.cincom.com.

About Provider Advantage NW, Inc.

Since 1991, Provider Advantage NW, Inc. has been providing innovative products and services to access real-time healthcare data. Provider Advantage develops, markets, installs, and supports electronic data interchange (EDI) technologies that allow organizations to obtain, utilize, and manage insurance data to generate operational efficiencies and improve cash flow.

For more information, contact Provider Advantage NW at 800-203-5465, send an e-mail to info@provider-advantage.com, or visit www.provider-advantage.com.

Cincom, the Quadrant Logo, and Intelligent Guided Registration are trademarks or registered trademarks of Cincom Systems, Inc. All other trademarks belong to their respective companies.

©2007 Cincom Systems, Inc. All Rights Reserved

Contact Information

  • Media Contacts:
    Donna Hedge Burns
    Corporate Public Relations
    Cincom Systems, Inc.
    513-612-2305
    Email Contact