ZirMed and Stockell Healthcare Systems Announce Partnership to Provide End-to-End Revenue Cycle Solutions to Hospital Market
Louisville, KY – September 8, 2011.
ZirMed, a nationally recognized provider of revenue management solutions for the healthcare industry, is pleased to announce a preferred business partnership with Stockell Healthcare Systems, provider of InsightCS, an innovative Revenue Cycle Information System (RCIS) to Hospitals, Health Care Enterprises, and Integrated Healthcare Networks (IHNs).
Through this partnership, ZirMed’s Revenue Cycle Management Solutions are seamlessly integrated with InsightCS Revenue Cycle Information System (RCIS) allowing healthcare service providers to replace the traditional bill in one system, correct claims in a different system approach with an automated process.
“By implementing the integrated solutions, Stockell Healthcare Systems will provide their hospital, health care enterprise, and integrated health network (IHN) clients with a total revenue solution to follow patients from point-of-encounter through payment for rendered care, eliminating duplication of work efforts and allowing for focus on patient care providing benefits for the healthcare providers and their patients,” said Sara Hines, Vice President of Partner Sales, ZirMed.
Through innovative features included in the automated process, any failed claims edits and rejections are routed back to the InsightCS Billing solution, where they can be addressed and corrected just once without the same issues reoccurring for subsequent claims submissions.
Also, under the partnership, Stockell Healthcare Systems will offer InsightCS clients a full EDI solution suite including eligibility, electronic remittance, virtual credit/debit card processing, patient invoice e-delivery, lockbox services, and on-line patient portal access for billing inquiries, online bill pay, and management of automated payment plans.
“This approach is truly groundbreaking when compared to other offerings in the healthcare marketplace today,” stated Rick Stockell, President of Stockell Healthcare Systems, “We fully anticipate seeing a significant increase in productivity and a positive impact on what is currently being spent by the hospitals in regard to claims submission fees.”
The first joint Stockell Healthcare Systems-ZirMed client to take advantage of this new offering is Emerus Emergency Hospitals based in The Woodlands, Texas. Emerus’ five emergency hospitals serve patients in both Dallas and Houston, with their implementation of InsightCS and the new ZirMed Claims Management automated solution integration being a significant part of a major data management initiative designed to benefit patients and payers while streamlining the organization’s records and documentation processes.
ZirMed is a nationally recognized leader in delivering revenue cycle management solutions to healthcare providers, serving more than 100,000 healthcare providers. ZirMed leverages the power of technology to cure administrative burdens and increase cash flow, enabling providers to not just survive but thrive. ZirMed solutions include eligibility verification, credit/debit card processing, check processing, claims management, coding compliancy and reimbursement management, electronic remittance advice, patient statements, patient e-commerce solutions, and lock box services. ZirMed is ranked among Inc. magazine’s 5000 fastest growing companies and Healthcare Informatics magazine’s Top 100 companies. For more information about ZirMed, visit www.ZirMed.com.
About Stockell Healthcare Systems
Founded in 1984, Stockell Healthcare Systems is a privately held company based in St. Louis, Missouri. The company is committed to providing forward-thinking hospitals, healthcare enterprises, and Integrated Health Networks (IHNs) with InsightCS; an innovative Revenue Cycle Information System (RCIS) that incorporates patient access, patient accounting, revenue cycle management, and advanced collaboration. For more information about Stockell Healthcare Systems, visit www.Stockell.com.