RemitDATA and Greenway form partnership
DALLAS, TX, April 23, 2013 – RemitDATA Inc., a leader in reimbursement, utilization data and comparative analytics, has entered into a partnership with Greenway Medical Technologies, Inc., which delivers innovative software and business service solutions for healthcare providers through its PrimeSUITE electronic health record platform. The partnership enables enterprises, physician practices, clinics and other providers to have instant access to actionable reimbursement and productivity insights for immediate, peer-to-peer performance benchmarking as well as utilization compliance analysis through Greenway’s PrimeDATACLOUD Remittance Intelligence service.
When combined with RemitDATA’s comparative analytics solution, Greenway’s cloud-based business services provide analytics that pinpoint problem areas and proactively identify financial trends with actionable insights into reimbursement, utilization and productivity. Providers and health systems can maximize efficiency by monitoring and analyzing staff productivity and payer performance, and can benchmark their performance in real time against peers by specialty and location, on both a national and state level.
“The partnership with RemitDATA and our Remittance Intelligence service continues to expand Greenway’s comprehensive solutions for effectively managing today’s complex provider environment,” said Johnathan Samples, Greenway executive vice president of research and development. “Along with our electronic health record, clinically driven revenue cycle management service and other Greenway solutions, providers now have an even greater level of business intelligence at their fingertips to fully optimize reimbursement and utilization efficiency with fewer denials, improved contracting leverage, accelerated cash and reduced audit risks.”
RemitDATA President Michael L. Sanderson stated that “Current healthcare reform legislation has ushered in an era of cuts in Medicare, decreasing reimbursement rates and a significant rise in the number of healthcare provider audits. The viability of practices today depends on having access to data that can red flag their performance as an outlier and provide the necessary documentation should an audit take place. Our solution is the only one of its kind that provides this level of business intelligence and comparative analytics proven to help physicians minimize reimbursement concerns and accelerate cash flow. We are pleased to partner with Greenway in their commitment to helping providers and practices access the business intelligence required to better manage their practice and improve financial and operational efficiencies."