Lawson offers new budgeting, planning tool
ST. PAUL, MN – Lawson has announced the availability of its newest Enterprise Performance Management product, Lawson Budgeting & Planning 9. The offering is designed to help executives and managers make more accurate financial forecasts and faster budgeting decisions using up-to-date information. The new software is designed to be easier to deploy and use than best-of-breed offerings. It features lower total cost of ownership and can deliver strategic business benefits for users, according to Lawson executives.
MedAptus taps Lahey for beta testing site
BOSTON – MedAptus has unveiled the latest addition to its family of revenue cycle solutions, Technical Charge Capture. The solution provides for comprehensive management and reconciliation of point-of-care technical charges including facilities charges, technical procedures, materials and medications. The Lahey Clinic Medical Center, based in Burlington, Mass., a MedAptus customer since 2001, has agreed to serve as a beta site. MedAptus’ Technical Charge Capture is seamlessly integrated with its Professional Charge Capture, which supports physician coding and compliance at the point of care. “With the addition of Technical Charge Capture, we are broadening our target market and potential user base significantly and anticipate being able to deliver the same type of demonstrable revenue results,” said Dennis Mitchell, president and CEO of MedAptus.
Systemware debuts new revenue cycle software
ADDISON, TX – Systemware, Inc., which develops enterprise management technology, has introduced Centraspect HC for Revenue Cycle Management, a new solution that helps hospitals streamline their patient billing and collections processes. Centraspect HC for Revenue Cycle Management captures billing, claim and payment information and delivers it in a single, unified view to support hospitals’ efforts in expediting the billing cycle. By providing a virtual view of a patient’s complete financial history, Systemware helps accounting personnel accelerate cash collections, facilitate efficient billing processes and reduce patient billing processing costs.
BidShift 3.2 tweaks workforce management
SAN DIEGO – San Diego-based BidShift, the leading provider of Web-based flexible workforce management technology for healthcare providers, announces the availability of version 3.2, which upgrades its automated program for filling open shifts, empowering employees, and supporting effective staffing practices. BidShift 3.2 provides an expanded framework for optimizing management of the existing workforce. This software release introduces significant features including calendar-based shift posting, expanded profiling capabilities that allow organizations to identify employees with the highest probability of working a shift at the last minute, and a new graphical user interface.
I-many, Cognos team up on ‘what if’ analysis
EDISON, NJ – I-many, Inc., a developer of contract-life cycle-management tools for managing corporate commitments, is partnering with Cognos, a business intelligence and performance-planning software company, to develop a new version of I-Many Medicaid Analytics. I-many executives say the tool will provide pharmaceutical companies with the analytical capabilities required to complete Medicaid accruals, accurately forecast Medicaid expenditures and execute business-critical “what-if” analyses. The tool helps resolve the problem of calculating accurate accruals of Medicaid liabilities that has plagued the pharmaceutical industry and allows ad hoc reporting on a wide range of parameters, executives say. Pharmaceutical companies will be given the business intelligence required to optimize revenue, ensure regulatory compliance and better control business risk, according to the firm.
Pegasystems unveils payer, claims tools
CAMBRIDGE, MA – Pegasystems has announced significant upgrades of two business-critical frameworks for the healthcare industry – the Healthcare Payer Industry Framework and the Healthcare Claims Repair Framework, both of which are built with Pegasystems’ rules-driven SmartBPM Suite. Used by healthcare organizations across the nation, the Healthcare Payer Industry Framework delivers pre-built foundational elements that promote rapid deployment and development of personalized solutions. Today, this framework is helping healthcare payers deliver sustainable competitive advantages across a wide range of business challenges including consolidating pharmacy transactions and addressing new claims UB-04 format requirements.Pegasystems’ Claims Repair Framework combines payer-specific business rules with claims processing best-practices templates for both pre- and post-adjudication
activities.