Powerful Enterprise Report Software for Healthcare Industry Designed to Bridge the Gap Between RAC Audits and Compliance Regulation
CLARK, N.J., October 8, 2008 – DB Technology, a recognized leader in the field of automated information and report distribution software, will exhibit its innovations in document management software next week at the American Health Information Management Association (AHIMA) Convention and Exhibit 2008 in Seattle, Washington. Leveraging its 25 years experience in deploying automated paper processes, DB Technology will spotlight real-life healthcare examples to demonstrate the benefits of its comprehensive Enterprise RAS software suite. Product demonstrations will take place at the DB Technology booth, #1845, on the show floor at the Washington State Convention and Trade Center from October 11-16, 2008.
The 80th Annual AHIMA Convention and Exhibit provides a strong venue for DB Technology to provide health information management (HIM) professionals with key knowledge on ways to implement automated document management software designed to work with the Medicare Recovery Audit Contractor (RAC) program, the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), the Health Insurance Portability and Accountability Act (HIPAA) as well as legal discovery and other compliance programs.
A key driver in the push to implement automated document management software is the RAC program which is designed to identify improper Medicare payments – both overpayments and underpayments. The Centers for Medicare & Medicaid Services (CMS) has authorized the expansion of this program to all fifty states by 2010. Enterprise RAS provides RAC auditors, or any other type of payor auditor, remote access to specific records.
“AHIMA is a well respected conference, bringing together some of the most influential healthcare management professionals grappling with the complex issues surrounding the RAC program,” stated Roger Travis, president of DB Technology. “The value of our Enterprise RAS software suite is the ease with which there can be immediate and remote retrieval of business, financial and patient clinical documents. We have shown that utilizing our software can save hospitals valuable resources for not only RAC audits, but for legal discoveries and additional compliance auditing.”
With Enterprise RAS, healthcare organizations benefit from improved revenue cycles that come with increased efficiencies in workflow automation, minimized paper trails, shortened accounting cycles, streamlined operations, and enhanced HIPAA regulatory compliance.
The innovative software company understands the importance of maintaining accurate, timely and secure patient information. The ability to seamlessly interact with other facets of the medical records department is where Enterprise RAS functions as a bridge. Any electronic data reports such as facesheets, radiology and lab reports, which come from disparate systems, can be captured immediately as available without scanning or interface development. The information is then accessible by clinicians and business office personnel before the patient is discharged. Only hard copy written documents and orders need to be scanned.
DB Technology will provide product demonstrations of its Enterprise RAS software suite and how it can be utilized to help healthcare organizations realize significant return on investment (ROI) and cost savings. By using Enterprise RAS, hospitals can eliminate 50-80 percent of the cost of computer-generated paper as well as associated labor with locating and handling documents. DB Technology will also highlight several scenarios in which a 200-bed hospital, for example, can realize $1.2 million in cost savings within the first six months of deployment.
About Enterprise RAS
A combination of the company’s highly successful software modules RAS, RASi and RAS eForms, Enterprise RAS is a comprehensive integrated solution designed to automate and streamline a variety of paper-centric processes. With this software solution, DB Technology is taking the pain out of the paper silos permeating healthcare organizations big and small. Using Enterprise RAS, hospitals and healthcare facilities are now able to realize significant cost savings and operational benefits. Programs have also been established to easily migrate existing RAS customers to Enterprise RAS.
Optimized for breaking down departmental document silos, Enterprise RAS enables users to seamlessly capture a host of financial and clinical documents including: Explanation of Benefits (EOBs), advanced directives, referrals, facesheets, and eligibility reports to name a few. Additionally, DB Technology’s Enterprise RAS easily integrates with leading healthcare and financial information systems including Epic, Cerner, Siemens, MEDITECH, McKesson, QuadraMed, PeopleSoft, and Lawson.
AHIMA is the premier association of HIM professionals. AHIMA’s 52,000 members are dedicated to the effective management of personal health information needed to deliver quality healthcare to the public. Founded in 1928 to improve the quality of medical records, AHIMA is committed to advancing the HIM profession in an increasingly electronic and global environment through leadership in advocacy, education, certification, and lifelong learning.