Dbtech Blog

Leading Hospitals Turn to DB Technology to Streamline Revenue Cycle with Paperless Automation Solutions

Clark, N.J., October 2, 2007 – Continuing to help shape the way the healthcare industry leverages information technology, DB Technology today announced that several of its leading hospital customers have expanded the deployment of the company’s software in the third quarter of 2007. The healthcare facilities have adopted DB Technology’s Report Automation System (RAS) platform, to help automate business processes, improve financial and operational reporting and maximize corporate efficiency.

A leading provider of automated information management and reporting solutions, DB Technology offers a suite of products designed to maximize revenues while at the same time decrease costs associated with the myriad of paper-oriented revenue cycle processes. RAS automatically transforms data into actionable information by capturing data from any application in to a searchable database without the use of interfaces. RASi, which adds a scanning component to the platform, automatically captures and organizes valuable patient accounting and other information and converts it into digital format, which is easier to manage and distribute.

A short list of some of the hospitals that have contracted with DB Technology for additional functionality in the third quarter include Erlanger Health System of Chattanooga, Tenn.; Froedtert Memorial Lutheran Hospital of Milwaukee, Wis.; Hackensack University Medical Center of Hackensack, N.J.; Kings County Hospital of Brooklyn, N.Y.; Robert Wood Johnson University Hospital at Rahway of Rahway, N.J. and Saint Barnabas Health Care System of Livingston, N.J.

“We are honored by the confidence that these prestigious institutions have placed in us and our family of automated information management and reporting solutions,” said David Wechsler, president and CEO of DB Technology. “The paper pain that hospitals experience on a daily basis is monumental. Each of these hospitals has experienced real dollar and productivity savings by implementing RAS.”

Using RAS software and its host of customizable modules, hospitals and healthcare facilities benefit from improved revenue cycles that come with increased efficiencies in workflow automation, minimized paper trails, shortened accounting cycles, improved financial and operational reporting, streamlined operations and enhanced Health Insurance Portability and Accountability Act (HIPAA) regulatory compliance.

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