Benchmark Systems Inc. releases WEB EDI Version 3.0 for its Claims Clearing House
March 18th, 2011Benchmark Systems Inc., announced today that it has released its new WEB EDI version 3.0 that will benchmark a practice’s claims billing dollars, procedure ratios and claims acceptance ratios against national statistics.
LYNCHBURG, VA.—- Benchmark Systems Inc., a leading EHR (Electronic Health Record), PMS (Practice Management System) and Electronic Data Exchange ( Claims Clearing House) vendor announced today that it has released its new WEB EDI version 3.0 that will benchmark a practice’s claims billing dollars, procedure ratios and claims acceptance ratios against national statistics. The practice will be able to see a dashboard comparing specific data in similar specialty practices utilizing national data including annualized MGMA survey results. Enhancements were also added to the claim scrubbing, instant claims status, rejection analysis reporting, and payment analysis reporting.
Ernie Chastain, Vice President of Business Development at Benchmark states, “We are excited about the new capabilities in version 3.0 as practices can compare their procedures, payments and rejections ratios across their individual doctors in comparative reports with other practices of the same size and specialty. It’s hard to know if a practice is doing a good or bad job unless they have guidelines or base lines of real data to compare against. Utilizing data comparison and ratios, adjustments can be made to maximize cash flow within a practice.”
About Benchmark Systems Inc.
Benchmark is the leading Internet based provider of fully integrated solutions that automates all of the clinical and business functions required for healthcare providers. Benchmark offers seamless integrated Patient Portals, Personal Health Records, Scheduling, EHR, Billing, Messaging, Fax, CPOE, Rx Scripting, and Revenue Cycle Management at an affordable monthly fee. Recognized for their use of leading edge technology, Benchmark’s suite of software was built leveraging over 30 years of expertise in helping healthcare providers solve profitability and limited time issues.
For more information about Benchmark Systems please call us at 1.800.779.0902 or visit us online at www.benchmark-systems.com. Our reputation in the marketplace is built on providing quality products and services that exceed expectations in today’s most sophisticated medical clinics.
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