| [October 08, 2008] |
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PCG Software Releases Virtual Reporter(R) the New Workflow Management Application for Virtual Examiner(R)
MALIBU, Calif. --(Business Wire)-- PCG Software, a leading provider of innovative software solutions designed to increase profitability for healthcare payer and provider organizations, today announced the release of Virtual Reporter(R). The new reporting and workflow management module is designed to improve efficiency and flexibility when detecting fraudulent, abusive and wasteful billing practices.
Virtual Reporter serves as the new user interface for the Virtual Examiner(R) fraud and abuse prevention software, and automatically updates claims on the host system without users having to run reports. The new module improves workflow efficiency by allowing multiple users to simultaneously write and run reports, in addition to the ability to customize specific account views based on user criteria. The ability to customize views - such as by line of business or client - is designed to serve the needs of healthcare payer organization auditors who are responsible for the claims of multiple clients.
PCG Software will incorporate Virtual Reporter in all future installations of Virtual Examiner and will update all existing customer facilities at no additional cost. Virtual Reporter has also been designed to improve customer service by automatically notifying PCG Software of any system errors. This error-notification feature will enable the vendor company to address issues before they are apparent to the customer. Virtual Reporter also seamlessly integrates with SimKey Virtual Auto-Post(TM), the company's auto-adjudication system.
"Virtual Reporter will be a significant enhancement for PCG clients using Virtual Examiner. Our customers expressed a clear need for an application that would allow multiple users to run reports simultaneously, and we believe Virtual Reporter will exceed their expectations," said Michael Lubao, CEO, PCG Software. "In addition to the improved functionality, Virtual Reporter also features a user-friendly interface and an attractive, contemporary look and feel. All in all, Virtual Reporter is optimized in terms of code, visual appeal and operational capacity."
Virtual Examiner is a cost containment solution that evaluates claims for fraudulent and abusive billing practices, and identifies claims that may involve third-party liability/coordination of benefits, case management opportunities, physician billing education and many other cost recovery possibilities.
About PCG Software
Established in 1984, PCG Software is a leading provider of innovative software solutions designed to slow the escalating costs of healthcare. The company works with healthcare payer organizations to increase profitability and maximize financial recoveries, while assisting their provider partners to improve the accuracy of billing processes.
The company's flagship software solution enhances claims adjudication systems with more than 30 million edits per claim and uses investigative profiling reports to graphically indicate patterns of fraud and abuse. Through more accurate and efficient claims adjudication, this fraud and abuse prevention software acts as an automated cost containment system for national and regional health insurance plans, independent practice associations and third party administrators. More information about PCG Software can be found on the World Wide Web at www.pcgsoftware.com.
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