QuadraMed Corporation (Amex: QD) today announced that the company will be demonstrating its Smart Identity Management Solutions™ during exhibit hall hours June 25-26, booth 1202, at the 2007 HFMA-ANI (Healthcare Financial Management Association – Annual National Institute) event in San Diego. Identity Management is the first step in analyzing propensity to pay and can have a positive effect on revenue management by decreasing claims denials.
QuadraMed Identity Management solutions enable clients to implement a pro-active approach to claims denials that for decades have had a negative impact on the financial health of provider organizations. This methodology is intended to replace previous processes that focus on denial management after payment has been refused. Instead, QuadraMed’s approach is designed to help hospitals avoid billing problems before they occur.
QuadraMed received its third consecutive Best in KLAS® award for Acute Care Registration, Scheduling and Patient Accounting in the 2006 “Top 20 Best in KLAS Awards,” while QuadraMed MPI (Master Person Index) earned the top rating for General Market Solutions in the EMPI category in the same report. QuadraMed continues to develop innovative enhancements to its revenue cycle products that provide an end-to-end solution to meet the market’s demand for technology that can help ensure the current and future financial health of single facility hospitals, IDNs and multi-facility institutions.
QuadraMed M5, a new release featuring a comprehensive series of product enhancements, was announced this month. For the QuadraMed Revenue Cycle Management solution these enhancements include support for the National Provider Identifier, further upgrades to the highly acclaimed QuadraMed EDI applications, and advanced functionality for the solution’s Central Business Office software.