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VHA and RemitDATA Announce Agreement to Deliver Revenue Cycle Management Services to its Non-Acute MembersMEMPHIS, Tenn. --(Business Wire)-- RemitDATA, Inc., a leading provider of web-based productivity tools and benchmarking to the outpatient healthcare market, today announced a multi-year agreement with VHA, the national healthcare alliance, to optimize reimbursement and operational efficiencies for its 23,000+ non-acute care members nationwide. Using RemitDATA's tools, Reimbursement PRO™ and WebScan PRO™, VHA's non-acute members can improve and simplify their reimbursement and business operations by reducing denials, accelerating cash flow and enhancing work flow processes. In addition, the aggregated payer data collected via Reimbursement PRO™ will provide VHA members with real-time payer benchmarks to make the most informed decisions to enhance their practice's profitability. "In today's economic climate, providers need to work smarter not harder. At VHA, we are committed to providing our members with first-class solutions for optimal efficiency. We selected RemitDATA as a service provider for our non-acute members because its solutions are proven in the marketplace to provide an immediate impact on reimbursement inefficiencies and staff productivity," said Kerry Stark, senior director, revenue cycle management. "More and more providers are looking to cost-effective, web-based solutions like RemitDATA to increase their cash flow, enhance staff productivity and, more importantly, provide key business metrics to elevate overall performance," said Michael Sanderson, president of RemitDATA. "This partnership will provide the necessary reimbursement and document management tools needed to help them streamline their operations and help them get what's coming to them - more of their cash." About VHA VHA Inc., based in Irving, Texas, is a national health care alliance that provides industry-leading supply chain management services and supports the formation of regional and national networks to help members improve their clinical and economic performance. With 16 offices across the U.S., VHA has a track record of proven results in serving more than 1,400 not-for-profit hospitals and more than 23,000 non-acute care organizations nationwide. About RemitDATA Founded in 2000, RemitDATA, Inc. helps 10,000+ health care providers improve practice profitability by delivering web-based tools to accelerate cash flow and streamline the reimbursement process. Our easy-to-use web-solutions work alongside ANY practice management system to eliminate payer denials/underpayments, increase workflow efficiencies and maximize revenue. With a low, annual subscription fee, RemitDATA's tools are guaranteed to work and include powerful patent-pending, custom-benchmarking reports that compare provider's operational performance against real-time industry data each quarter. Because RemitDATA's analytics and tools are web-based, we promise our clients: "No software, no servers, and no hassles." Based in Memphis, TN, the Company enjoys a 95%+ client renewal rate. For more information, visit www.remitdata.com. |
