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Lawson Delivers Enhanced Healthcare Revenue Cycle and Patient Billing Management System to Improve Financial PerformanceIncreased Application Security and Automated Billing Processes Enable Faster, More Accurate Decision Making in a Secure Environment (February 22, 2012)
ST. PAUL, MN -- (Marketwire) -- 02/22/12 -- Lawson Software, an Infor affiliate, today announced the availability of an enhanced version of Lawson Healthcare Revenue Management, previously Lawson MediAR, a rules-based automated revenue cycle management application for healthcare organizations. Lawson's Healthcare Revenue Management automates manual processes, providing clean and correct claims, and has built in tools to provide efficiencies around searching for follow-up issues, processing remittances and denials, and generating collection statements, letters and work queue ticklers. Users are able to proactively manage the revenue cycle for maximum efficiency and profitability and make more informed and effective decisions to improve their patient billing processes. The Healthcare Revenue Management application leverages the Lawson Cloverleaf Integration Engine to quickly and easily access patient demographic and procedure charge information from any clinical registration or ADT system, increasing efficiencies by reducing administrative costs. Additionally, the new release provides an improved, customizable user experience delivering a common look-and-feel for ease of use and increased productivity.
Sunnybrook Health Sciences Centre, the largest single-site hospital in Canada treating 1.2 million patients every year, implemented the technology to simplify its billing processes and manage patient reports.
"Since upgrading to the enhanced version of Lawson Healthcare Revenue Management, we have benefited from being able to create highly customized reports that meet our unique needs and run faster, noticeably increasing our administrative productivity," said Maggie Epp, manager, Accounts Receivable, Sunnybrook Health Sciences Centre. "Additionally, the new user interface allows us to have multiple windows open at a time, making it easy to view more relevant information at once and increasing our visibility across our billing and reporting."
Further updates incorporated in the application include:
- ANSI x12 version 5010 electronic messaging capability and the ability to easily switch between 4010 and 5010 format/requirements, enabling users to easily choose which version to send to a payor based on their current standard
"The complexity of maintaining a healthy cash flow while coping with the constantly changing healthcare industry is critical to maintaining a profitable organization," said Jim Schroeder, Lawson Healthcare Revenue Management product manager. "Even in the face of shrinking resources, managers must prepare for the inevitable procession of changing regulations, fluctuating payroll rules, evolving procedures, and increasing expectations. Lawson Healthcare Revenue Management is specifically designed to help organizations overcome these challenges by providing users with a secure system that offers an intuitive experience and the ability to customize the application to communicate with existing internal systems. In a time when healthcare providers are under increased pressure to be efficient and reduce costs, this application helps simplify their processes and focus on what's really important -- improved patient care."
Lawson Healthcare Revenue Management is immediately available for customers, and more information can be found at www.lawson.com. Please visit us at HIMSS, booth #1934.
About Lawson Software
Lawson Software is an Infor affiliate with more than 4,500 customers worldwide, primarily in specific services, trade and manufacturing/distribution industries.
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