SOURCE: A-Life Medical

May 07, 2007 06:00 ET

A-Life Medical Introduces Alacer, the Industry's First Billing System With Real Time NLP Coding and Patent Pending Automated Audit Tools

SAN DIEGO, CA -- (MARKET WIRE) -- May 7, 2007 -- A-Life Medical, Inc., the leading provider of Natural Language Processing (NLP) for the healthcare industry, announced the release of the Alacer™ practice management system at the RBMA Spring 2007 Radiology Summit, May 6-9, in St. Louis, MO. The Alacer practice management system, built on the IMAGINEradiology™ billing platform, is the industry's first billing software to integrate real time NLP coding. In addition to the full functionality of the IMAGINEradiology billing system, Alacer offers the patented A-Life Medical LifeCode® NLP coding engine, a fully integrated Actus® coding workstation, and a patent pending automated Audit Management module designed to optimize reimbursement, productivity, and compliance.

LifeCode, recognized as the industry's most sophisticated NLP coding engine, now enables real time coding for interventional medicine and radiology within the Alacer practice management system. In addition, A-Life Medical's LifeCode engine will automatically assign the CMS Physician Quality Reporting Initiative (PQRI) quality measures beginning July 1, 2007. The PQRI establishes a financial incentive for eligible professionals to participate in a voluntary quality reporting program.

The fully integrated Actus coding workstation routes documents to customized queues to optimize workflow and improve coder productivity. The Audit Management module automatically selects statistically relevant physician reports with assigned codes, billed charges, and payments received to facilitate compliance programs. Further, the Audit Management module calculates scores and generates reports on audit results, and can be used to audit coders, physicians, modalities, payers, and denials.

In addition to providing the most sophisticated real time NLP coding engine and auditing tools, the Alacer practice management system is built upon the industry's recognized IMAGINEradiology billing system which includes document management, billing administration, collections management, and comprehensive reporting to optimize reimbursement and streamline the entire code to collection process.

"We've been very pleased with our customers' response to our initial privately labeled version of the IMAGINEradiology billing system (Fusion3) introduced in October 2006. Since then, our customers have encouraged us to seamlessly integrate A-Life Medical's coding workstation into our billing system," stated Tom Bang, President and CEO of A-Life Medical. "Our Alacer practice management system now provides customers the industry's most efficient and advanced coding and billing technologies to further optimize workflow, staff productivity and timely practice reimbursement."

"The IMAGINEradiology system is currently serving over 100 practices and billing companies nationwide. The Alacer system, with A-Life Medical's NLP coding and auditing technology built upon the IMAGINEradiology platform, provides even more value for customers seeking an integrated NLP coding and billing solution," said Sam Khashman, President and CEO of Technology Partners, Inc. "We are delighted to see the advancement A-Life Medical has made with the Alacer practice management system and we will continue to support the development of the Alacer system."

A-Life Medical has further expanded its Client Services staff to ensure all customers continue to receive exceptional implementation management and outstanding customer support. Alacer customers will also have the option of utilizing A-Life Medical's on demand coding services for their coding needs.

About A-Life Medical, Inc.

A-Life Medical is the leading provider of Natural Language Processing (NLP) based solutions for the healthcare industry. A-Life Medical's products extract meaning from unstructured free text and automate tedious, complicated and labor intensive tasks. A-Life Medical's mission is to provide world-class solutions to streamline and computerize the code to collection process and to fundamentally advance the way the healthcare industry gathers, applies and reports on patient information. A-Life Medical is a private company headquartered in San Diego, California. For more information about A-Life Medical and its products, call 888.224.6300 or visit A-Life Medical's website at www.alifemedical.com.

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