ST. LOUIS, MO--(Marketwired - Feb 24, 2014) - Transworld Systems Inc. and Prompt Alert, Inc. are working together to bring healthcare organizations a unique service designed to provide automated patient engagement and cash flow tools that will provide unprecedented front-office and back-office revenue generating automation.
This joint effort will help alleviate clients' financial stress associated with healthcare revenue cycle via streamlined processes for appointment reminders, appointment follow up, preventative care and outstanding billing. These processes are designed to help reduce no show rates, patient compliance and revenue recovery.
"As the only profit recovery company that is designated an MGMA AdminiServe partner, we are proud to forge this alliance with Transworld Systems and promote their services to our customers. Transworld Systems' diplomatic and proactive approach to accelerate revenue cycle management is in line with our company philosophy," said Jeremy Greven, Founder and CEO of Prompt Alert.
Prompt Alert and Transworld Systems aim to streamline patient communication while leveraging their best practice protocols to help save practices time, money and frustration. Patient Prompt, Prompt Alert's appointment reminder and patient communication services, focuses on the front office, while Transworld Systems' collection services focus on the back office. Patient Prompt helps bring revenue in at the time of the appointment and Transworld Systems focuses on recovering outstanding accounts receivables.
"The alliance is a good strategic fit, as both organizations focus on proactive engagement. At Transworld Systems we have long recognized the power of automating systems in healthcare organizations," said Terrell Schlundt, Vice President of Transworld Systems Technology Partnerships and Alliances. "Patient Prompt does just that for organizations, before, during, and immediately after the appointment, whereas we are typically engaged 30 days out. We are excited to make available to our customers the service that Patient Prompt delivers."
Transworld Systems' services and Patient Prompt's services are designed to benefit healthcare organizations by helping to increase revenue, speed payment cycles and increase patient satisfaction which makes for a happier staff. Transworld Systems' diplomatic automated billing reminders deliver simple and effective revenue recovery, helping to speed up slow paying patient accounts and to eliminate the need for staff to chase customers or utilize hardball collection agencies. Patient Prompt's intelligent patient communication automates the appointment reminder and follow up processes, dramatically decreasing no-shows, while significantly boosting patient satisfaction and co-pay collections upon arrival.
About Transworld Systems
Transworld Systems Inc.® is an industry leader in cash flow management and profit recovery with headquarters in Santa Rosa, CA, and more than 75 offices throughout the United States and Puerto Rico. Transworld and its service brands Accelerator(SM) and Profit Recovery have been serving the Accounts Receivable needs of small to medium sized businesses with better tools for increasing cash flows, accelerating payments, recovering bad debt and recovering past due accounts. For more information, call 1.888.446.4733 or visit www.transworldsystems.com.
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About Prompt Alert Inc. ®
Prompt Alert Inc. offers flexible and powerful customer engagement solutions that are fully customized to meet client communication needs. Prompt Alert develops a comprehensive communication strategy for customers; tailored to their unique requirements. In 2007, Prompt Alert launched one of the most advanced patient communication platforms in the healthcare industry: Patient Prompt®. With proprietary "Seamless Two Way Technology"™, advanced (((Smart Calling Technology)))™, and industry leading "Best Practice" Protocols, Patient Prompt® has led the way in intelligent, effective, patient communication. Today Patient Prompt, the industry leading solution, serves 1000's of healthcare providers monthly helping them solve for their challenges related to revenue cycle management, compliance and population health management initiatives. The net result of the programs is healthier patients and healthcare organizations. For more information please visit www.patientprompt.com/trasnworldsystems.