October 24, 2008
MTBC’S FREE EMR TO FEATURE REAL-TIME CLAIMS ADJUDICATION (RTA) WITH THREE INSURERS
SOMERSET, NJ – Beginning December 1, healthcare providers using MTBC’s free EMR
software will see accelerated collections through real-time adjudication (RTA) of
claims with three major insurers: UnitedHealthcare, Humana and Blue Cross/Blue Shield
of Florida.
As a result, during a patient encounter at the office, doctors and their staff members
will be able to instantly calculate the patient's responsibility and learn of submission
errors or rejections. Moreover, the time span for processing and reimbursement of
claims will be markedly shortened because RTA claims are submitted earlier and given
priority by the insurer.
“We’re tearing down the walls—the significant IT and administrative requirements—that
have prevented the vast majority of private practices from benefitting from RTA,”
said David Rosenblum, president of MTBC, the revenue cycle and practice management
company. “Our EMR is free and we support it free for our billing clients, making
RTA just another innovation that is remarkably attainable to all private practices
through MTBC.”
MTBC now performs RTA for patients insured by Humana and Blue Cross/Blue Shield
of Florida, after commencing RTA earlier this year with UnitedHealthcare.
MTBC EMR and web-based practice management system share data through automated synchronization.
Clients enjoy secure, streamlined administrative processes with Internet-enabled
transparency into their practices’ information.
“As we continue to enhance our integrated system, we are redefining for a doctor’s
office what is available, affordable and productive” said Mr. Rosenblum. “In this
difficult economic climate, more and more physicians will welcome RTA and other
features from MTBC that maximize revenues.”
ABOUT MTBC
Founded in 1999 and based in Somerset, NJ, MTBC performs revenue cycle and practice
management for healthcare providers in all specialties. The standard service, billed
at 4 percent of collections, includes practice management tools, financial reporting
capabilities, online patient scheduling and office forms, and online access to billing
and scheduling information. The premium service, billed at 5 percent of collections,
includes full integration with a third-party EMR, real-time insurance eligibility
verification, digital prescribing and electronic lab requisitions, automated appointment
reminders, online patient self-scheduling, and touch-screen kiosk integration. To
learn more about MTBC’s medical billing and its medical transcription services,
visit http://www.mtbc.com.
From:
MTBC (Medical Transcription Billing Corp.)
7 Clyde Road
Somerset, NJ 08873
http://www.mtbc.com
Contact:
Axiom Communications
James A. Quirk, VP/Media Relations
(201) 348-8998
MTBC
Michael Menche, VP/Marketing & Sales
(732) 873-5133
mmenche@mtbc.com