Merge Healthcare expands capabilities in revenue cycle managementMarch 9, 2011 | Industry News Release
Merge Healthcare Incorporated (NASDAQ: MRGE), a global corporation dedicated to health IT interoperability solutions, announced the release of Merge Financials 6.1, the latest revenue cycle management solution for Merge’s billing community that processes over 100 million transactions annually. Merge now boasts over 60 customers on Merge Financials, including Greensboro Radiology PA, a large radiology practice with over 50 radiologists serving central North Carolina.
“We chose Merge because of their stability and we felt the Financials system features were what we were looking for in a practice management system,” says Debbie Hodges, Director of Billing Operations for Greensboro Radiology, PA. “We love having a partner that will listen to our needs and who will work with us. We are actively using the software to manage our billing, and feel confident we are prepared for the upcoming billing changes. Having a partner like Merge has taken away a big worry from our practice.”
Merge Financials now includes capabilities to prepare physician practices for upcoming reimbursement changes. In particular, the solution facilitates the transition of electronic data exchange to the new ANSI 5010 required format, accommodates new PQRI (Physician Quality Reporting Initiative) procedures and reporting, and begins the planning process for the upcoming ICD-10 requirements. Additionally, the new Merge Financials 6.1 allows for full conversion of patient accounts and accounts receivable data from legacy billing solutions.
Merge Financials now also includes capabilities for anesthesia billing. The new anesthesia module allows for top-notch charge handling and claim filing for both the anesthesiologist and Certified Registered Nurse Anesthetists. Using the robust automated features already established in Merge Financials, the system will now also enable important data entry items, such as: physical status units, medical direction, and ASA code crosswalks. This provides more capabilities to Merge’s growing user community of anesthesiologists who use the Merge AIMS solution for the electronic capture of anesthesia records throughout the perioperative process.
“We’ve continued to focus our revenue cycle management capabilities on solutions our customers can not only use today but also throughout the upcoming market changes,” said Jeff Surges, Merge CEO. “Our customers depend on Merge for stable and forward-thinking solutions. Our latest release demonstrates our investments in both upcoming regulatory changes and extensions of the product to additional Merge customers, such as anesthesia practices and billing services.”
Merge Healthcare develops software solutions that automate healthcare data and diagnostic workflow to create a more comprehensive electronic record of the patient experience. Merge products, ranging from standards-based development toolkits to fully integrated clinical applications, have been used by healthcare providers worldwide for over 20 years. Additional information can be found at www.merge.com.