Navicure Announces Major Enhancement to Award-Winning Technology
Atlanta, GA, April 22, 2009 --(PR.com)-- Navicure further improves staff productivity with 5.0 release, building on company’s 2008 “Best in KLAS” clearinghouse designation.
Navicure, a leading Internet-based medical claims clearinghouse for physician practices, today announced the availability of Navicure 5.0, an enhanced version of its award-winning claims management solution. The Web-based platform includes features like denials management, aging analysis and interactive graphs that are designed to help physicians increase revenue with less work.
“Today’s economic environment is impacting physician practices both large and small,” said Jim Denny, founder, president and CEO of Navicure. “It’s forcing practices to squeeze every dollar they can from their accounts receivables. Since many practices can’t see more patients, the forward-thinking ones are now leveraging technology to find new sources of revenue in receivables. This revenue may have been previously delayed or lost with other clearinghouses.”
“Navicure 5.0 marks our biggest improvement in eight years, and gives our users even more control to move money faster and with even more efficiency,” added Denny.
Built around some of the same tools historically utilized by Navicure users and developed based on continuous input from these users, Navicure 5.0 further streamlines billing operations by providing “channels” for easier navigation, simplified workflows and role-based profiles. The release builds on the popularity of MyYahoo and iGoogle by providing various data in one view, thus reducing “clicks” and, ultimately, time spent working claims. Plus, data is shown in a simple, interactive graph format in most cases. Denial management, aging alerts, high level scoreboards and saved work lists provide users with a comprehensive tool set for simple claims management. Other features include:
Rejection and denial reports for primary and secondary claims that are accessible in one click of the mouse.
A message center that offers scrolling broadcasts.
Navicure TV, which enables users to learn and optimize their productivity through simple, step-by-step video tutorials on many common tasks.
Denial management reports sorted by denial category and summary reports with remark and reason code information.
"Navicure 5.0 is fantastic for finding Electronic Funds Transfers (EFTs) to match with Electronic Remittance Advice (ERA) to ensure all money has been received," said the insurance biller for Navicure client ENT of Georgia. “Enhanced reporting allows us to analyze ERA rejections by healthcare carrier and type of rejection, which we believe will lead to improved collections and accelerated cash flow.”
“Navicure 5.0 allows users to view multiple applications within the system at the same time, which has enhanced our workflow,” said Jim Musslewhite, MBA, MSF, president of Oncology Convergence, Inc. “We are also able to quickly sort through all of our electronic Explanation of Benefits (EOBs)—allowing us to focus on what really counts.”
About Navicure
Navicure is a leading Internet-based medical claims clearinghouse that helps physician practices increase profitability through improved claims reimbursement and staff productivity. Serving over 15,000 physicians in practices nationwide, Navicure’s solutions automate account receivables processes, including primary and secondary claims reimbursement; patient eligibility verification; rejected and denied claims management; electronic remittance and posting; claims and remittance reporting and analysis; and patient statement processing. Navicure’s solution is supported by its unique 3 Ring™ Client Service. Navicure was ranked #1 in the KLAS 2008 Ambulatory EDI Claims Clearinghouse Report and named “Best in KLAS” for the clearinghouse services market segment as part of the 2008 Top 20 Best in KLAS Awards report. Navicure has ranked among the fastest growing companies nationally in the 2007 and 2008 Deloitte Fast 500 rankings, and 2008 Inc. 5000. For more information, please visit www.navicure.com.
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Navicure, a leading Internet-based medical claims clearinghouse for physician practices, today announced the availability of Navicure 5.0, an enhanced version of its award-winning claims management solution. The Web-based platform includes features like denials management, aging analysis and interactive graphs that are designed to help physicians increase revenue with less work.
“Today’s economic environment is impacting physician practices both large and small,” said Jim Denny, founder, president and CEO of Navicure. “It’s forcing practices to squeeze every dollar they can from their accounts receivables. Since many practices can’t see more patients, the forward-thinking ones are now leveraging technology to find new sources of revenue in receivables. This revenue may have been previously delayed or lost with other clearinghouses.”
“Navicure 5.0 marks our biggest improvement in eight years, and gives our users even more control to move money faster and with even more efficiency,” added Denny.
Built around some of the same tools historically utilized by Navicure users and developed based on continuous input from these users, Navicure 5.0 further streamlines billing operations by providing “channels” for easier navigation, simplified workflows and role-based profiles. The release builds on the popularity of MyYahoo and iGoogle by providing various data in one view, thus reducing “clicks” and, ultimately, time spent working claims. Plus, data is shown in a simple, interactive graph format in most cases. Denial management, aging alerts, high level scoreboards and saved work lists provide users with a comprehensive tool set for simple claims management. Other features include:
Rejection and denial reports for primary and secondary claims that are accessible in one click of the mouse.
A message center that offers scrolling broadcasts.
Navicure TV, which enables users to learn and optimize their productivity through simple, step-by-step video tutorials on many common tasks.
Denial management reports sorted by denial category and summary reports with remark and reason code information.
"Navicure 5.0 is fantastic for finding Electronic Funds Transfers (EFTs) to match with Electronic Remittance Advice (ERA) to ensure all money has been received," said the insurance biller for Navicure client ENT of Georgia. “Enhanced reporting allows us to analyze ERA rejections by healthcare carrier and type of rejection, which we believe will lead to improved collections and accelerated cash flow.”
“Navicure 5.0 allows users to view multiple applications within the system at the same time, which has enhanced our workflow,” said Jim Musslewhite, MBA, MSF, president of Oncology Convergence, Inc. “We are also able to quickly sort through all of our electronic Explanation of Benefits (EOBs)—allowing us to focus on what really counts.”
About Navicure
Navicure is a leading Internet-based medical claims clearinghouse that helps physician practices increase profitability through improved claims reimbursement and staff productivity. Serving over 15,000 physicians in practices nationwide, Navicure’s solutions automate account receivables processes, including primary and secondary claims reimbursement; patient eligibility verification; rejected and denied claims management; electronic remittance and posting; claims and remittance reporting and analysis; and patient statement processing. Navicure’s solution is supported by its unique 3 Ring™ Client Service. Navicure was ranked #1 in the KLAS 2008 Ambulatory EDI Claims Clearinghouse Report and named “Best in KLAS” for the clearinghouse services market segment as part of the 2008 Top 20 Best in KLAS Awards report. Navicure has ranked among the fastest growing companies nationally in the 2007 and 2008 Deloitte Fast 500 rankings, and 2008 Inc. 5000. For more information, please visit www.navicure.com.
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Navicure
Brian Parrish
877-280-3334
navicure.com
Brian Parrish
877-280-3334
navicure.com
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