BILLERICA, Mass., June 24, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Orbograph, a premier supplier of electronic/paper automation solutions in healthcare revenue cycle management (RCM), as well as recognition solutions for the U.S. check processing market, announced today that the Company's Healthcare Payment Automation Center (HPAC) has been implemented at South Nassau Communities Hospital (SNCH).
SNCH is actively working toward electronification of its claim submissions and payment processing workflows. With 95% of claims submitted to private health plans and government payers via electronic data interchange (EDI 837), SNCH is now targeting straight-through processing levels of efficiency in posting remittance information and payments into its billing system. With an automated posting target of 95+%, significant efficiencies will be achieved within the billing department via HPAC capabilities including:
1. Data lifting and conversion of paper EOBs (explanation of benefits forms) into postable EDI 835 remittance files
2. Aggregation of all EDI 835 remittance data and EFT payment files from 50+ payers
3. EFT Reassociation with ERA (electronic remittance advices) files to automate reconciliation
4. HPAC Payment Portal for accurate tracking of healthcare receivables and streamlining denials management
5. Conversion of payer correspondences into postable EDI 835 files
6. Electronic content management and archival of payment and remittance files for immediate research requests
"The benefits we receive from HPAC to our revenue cycle management processes continues to grow everyday as our payment volumes have been converted onto the system," stated Abdool Razack, Senior Director of PFS at South Nassau Communities Hospital. "The vision to transform our billing department into a state-of-the-art operation helps us process claims and payments faster while providing improved services to our patients."
"We are pleased to support the objectives of SNCH," stated Barry Cohen, Co-President of Orbograph. "The working relationship has been excellent as we support their efforts toward healthcare payments transformation."
A client testimonial video highlighting the utilization of the HPAC system by South Nassau Communities Hospital is available on the Orbograph website at http://www.orbograph.com/south-nassau-communities-hospital-customer-testimonial.htm.
About South Nassau Communities Hospital
Designated a Magnet® hospital by the American Nurses Credentialing Center (ANCC), South Nassau® Communities Hospital is one of the region's largest hospitals, with 435 beds, more than 900 physicians and 3,000 employees. Located in Oceanside, NY, the hospital is an acute-care, not-for-profit teaching hospital that provides state-of-the-art care in cardiac, oncologic, orthopedic, bariatric, pain management, mental health and emergency services. It is the only hospital on Long Island with the Novalis Tx™ and Gamma Knife® radiosurgery technologies. The hospital has been awarded the Joint Commission's gold seal of approval as a Top Performer on Key Quality Measures, including heart attack, heart failure, pneumonia and surgical care; and disease-specific care for hip and joint replacement, wound care and end-stage renal disease. For more information, visit http://www.southnassau.org.
About Orbograph
Orbograph (http://www.orbograph.com), a subsidiary of Orbotech, is a premier supplier of electronic/paper automation solutions in healthcare revenue cycle management (RCM), recognition software for the U.S. check and lockbox processing markets. Orbograph technologies are in use in over 1,500 financial institutions, service bureaus and billers processing billions of checks and claims annually. Orbograph solutions are utilized by 20 of the top 30 U.S. financial institutions with in-house check processing. The Orbograph Healthcare Payments Automation Center (HPAC) is a cloud-based platform which enables payment transformation by converting paper-based correspondence and EOBs, normalizes ANSI X12 EDI 835 remittances and reconciles EFT/ACH payments to ERAs via reassociation. HPAC automates posting of receivables into practice management systems, achieving straight-through processing levels of efficiency.
NOTE: Actual performance may vary according to hardware used, configuration or other factors within your processing environment. Statistics cited in this release do not constitute guarantees of performance. For more information, visit us online at http://www.orbograph.com.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/06/prweb11968361.htm