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Initiate Systems unveils Master Data Service 8.0 

LONDON – Initiate Systems Inc. has launched Master Data Service 8.0, a comprehensive master data management (MDM) platform that is designed to deliver single, trusted and complete versions of critical assets in real-time. Initiate Master Data Service, which is an advancement of the company’s Initiate Identity Hub software, serves as a platform for organizations to apply master data management techniques to the business problems and needs of specific markets, including healthcare.

“Today’s explosion of information has yielded huge volumes of data about people. places and things, which are fragmented across disparate systems and diverse operating environments,” said Bill Conroy, Initiate’s CEO and president. “Information vital to the success of organizations of all kinds exists in silos scattered across business, healthcare and government ‘ecosystems.’ Now, exchanging data in a timely, accurate and secure manner is more critical to companies, departments and agencies than who owns the information or where it’s stored.”

Trintech offers Concuity suite for healthcare

DALLAS – Trintech Group Plc, a provider of integrated financial governance, transaction risk management and compliance solutions for healthcare and other markets, has announced the availability of Concuity Healthcare Solution Suite for financial institutions.ClearContracts for hospitals and ClearContracts Pro (for professional groups) are Web-based applications designed to fit into a healthcare organization’s revenue cycle management plan.

ClearContracts enables healthcare providers to analyze overall contract performance, verify expected reimbursement and enhance the financial profitability of new and proposed payer contracts.  Concuity, a healthcare division of Trintech, offers a combination of services and Web-based technology designed to help providers manage payer contracts and recover lost revenue due to underpaid claims.

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“The Concuity Healthcare Solutions Suite optimizes revenue capture opportunities and further decreases time and resources required by clients to maintain compliance with constant regulatory changes,” said Ed Gallo, Trintech’s executive vice president.