Allscripts, Intuit Team to Speed Patient Bill Payment for Physicians Nationwide

* Reuters is not responsible for the content in this press release.

Mon Oct 12, 2009 7:30am EDT

Partnership helps reduce the problems, questions and paper from consumer
medical bills





CHICAGO and MOUNTAIN VIEW, Calif., Oct. 12 /PRNewswire-FirstCall/ --
Allscripts (Nasdaq: MDRX) announced today an agreement with Intuit Inc.
(Nasdaq: INTU) to become the first to offer Quicken Health(SM) Bill Pay. The
online service integrates with Allscripts' practice management and revenue
cycle management solutions, used by 110,000 physicians, to help patients
understand their medical bills and pay them online while helping physicians
get paid faster.


(Logo: http://www.newscom.com/cgi-bin/prnh/20081013/AQM041LOGO   )
(Logo: http://www.newscom.com/cgi-bin/prnh/20091012/CG90638LOGO  ) 


A breakthrough in medical billing, Quicken Health Bill Pay alerts patients
more quickly that a payment is due and helps them understand their medical
bill by presenting it in common language with easily understood math. It shows
how the amount due was calculated after insurance payments are posted and
enables them to easily pay the bill online. Because patients finally have the
confidence that what they are asked to pay is what they owe, they are making
their payment an average of 18 days faster with Quicken Health Bill Pay - and
feel better about the transaction.


Quicken Health Bill Pay is available to any patient, regardless of insurance
carrier or coverage, and creates a seamless workflow for physician practice
billing staffs. Payments are received faster while the effort and cost of the
collection process are reduced and accuracy and patient satisfaction are
increased.


As the U.S. healthcare payment system shifts to a consumer-driven model,
patient payments are becoming the fastest growing portion of a provider's
revenue stream. Direct out-of-pocket payments from patients to providers are
expected to total $660 billion by 2013, more than doubling payments made in
2005. However, many practices write off as much as 50 percent of patient
payments as bad debt, and research shows that 40 percent of patients don't pay
their medical bills simply because they don't understand the bill or didn't
think they were responsible for the amount due.


"When patients have the knowledge and confidence that a bill is correct,
payments are made faster and billing managers spend less time, money, and
effort repeatedly sending paper statements, answering questions, and calling
patients about payments due," said Peter Karpas, president and division
general manager of Intuit's Quicken Health Group. "With Quicken Health Bill
Pay, Allscripts can offer its clients the unique ability to present absolutely
clear online statements and the 24/7 convenience of receiving fully protected
online payments." 


While American households with computers increasingly are paying bills online,
more than 90 percent of medical payments are still received by providers in
the form of a paper check. Quicken Health Bill Pay brings the convenience of
electronic payments to medical bills, enabling patients to send payments
anytime, from any computer, using any debit or credit card, Flexible Spending
Account or Health Savings Account. It benefits providers by improving accuracy
and reducing the time and effort billing managers spend taking payments over
the phone or keying in payment information sent through the mail. 


Allscripts practice management solutions combine sophisticated billing,
scheduling and revenue cycle management tools to help physician practices
become more productive while improving service to patients. A pilot program
conducted by Allscripts and Intuit in the fall of 2008 showed that patients
using Quicken Health Bill Pay paid their medical bills an average of 17.8 days
faster than patients using other payment methods. Every practice participating
in the pilot program has continued to offer the bill-pay solution to their
patients.


"Physician practices want to spend their time providing great patient care,
not collecting patient bills and posting paper checks to their system," said
Glen Tullman, Chief Executive Officer of Allscripts. "Allscripts has the
solution to one of our clients' most pressing needs by providing clear,
convenient online billing and fully secure online payments for patients via
Quicken Health Bill Pay."


A 2008 Medical Group Management Association/Celent study showed that a bill
sent within 30 days has a 90 percent chance of full payment. The study also
showed that the longer billing is delayed, the lower the chances of full
payment. Quicken Health Bill Pay  helps the provider reduce the time between
service and billing by alerting patients  immediately after the insurance
payment is posted and the  balance due becomes their responsibility - no
waiting for paper statements to be printed and mailed. 


To sign up, practices apply for an Intuit Patient Payments(SM) account through
either their Allscripts sales representative or directly at
www.intuitpatientpayments.com/Allscripts.  Providers that sign up for an
Intuit Patient Payments account can begin offering Quicken Health Bill Pay to
their patients in days. 


Designed to work together, the physician's office views, tracks and posts the
payments online through their Intuit Patient Payments interface, while their
patients view and pay bills with Quicken Health Bill Pay. Because billing
clerks now see the same view of the bill that the patient sees, it is easy to
answer patient questions. 


For more information, visit www.intuitpatientpayments.com/Allscripts




About Intuit


Intuit Inc. is a leading provider of business and financial management
solutions for small and mid-sized businesses; financial institutions,
including banks and credit unions; consumers and accounting professionals. Its
flagship products and services, including QuickBooks®, Quicken® and TurboTax®,
simplify small business management and payroll processing, personal finance,
and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading
tax preparation offerings for professional accountants. The company's
financial institutions division, anchored by Digital Insight, provides
on-demand banking services to help banks and credit unions serve businesses
and consumers with innovative solutions.


Founded in 1983, Intuit had annual revenue of $3.2 billion in its fiscal year
2009. The company has approximately 7,800 employees with major offices in the
United States, Canada, the United Kingdom, India and other locations. More
information can be found at www.intuit.com.


Follow the Quicken Health Group on Twitter at:
http://twitter.com/QuickenHealth


About Allscripts


Allscripts (NASDAQ: MDRX) uses innovation technology to bring health to
healthcare. More than 160,000 physicians, 800 hospitals and nearly 8,000
post-acute and homecare organizations utilize Allscripts to improve the health
of their patients and their bottom line.  The company's award-winning
solutions include electronic health records, electronic prescribing, revenue
cycle management, practice management, document management, hospital care
management, emergency department information systems and homecare automation.
Allscripts is the brand name of Allscripts-Misys Healthcare Solutions, Inc. To
learn more, visit www.allscripts.com.


For more Allscripts news, follow us on Twitter at:
http://twitter.com/AllscriptsMisys




This news release may contain forward-looking statements within the meaning of
the federal securities laws. Statements regarding future events, developments,
the Company's future performance, as well as management's expectations,
beliefs, intentions, plans, estimates or projections relating to the future
are forward-looking statements within the meaning of these laws. These
forward-looking statements are subject to a number of risks and uncertainties,
some of which are outlined below. As a result, actual results may vary
materially from those anticipated by the forward-looking statements. Among the
important factors that could cause actual results to differ materially from
those indicated by such forward-looking statements are: the volume and timing
of systems sales and installations; length of sales cycles and the
installation process; the possibility that products will not achieve or
sustain market acceptance; the timing, cost and success or failure of new
product and service introductions, development and product upgrade releases;
competitive pressures including product offerings, pricing and promotional
activities; our ability to establish and maintain strategic relationships;
undetected errors or similar problems in our software products; compliance
with existing laws, regulations and industry initiatives and future changes in
laws or regulations in the healthcare industry; possible regulation of the
Company's software by the U.S. Food and Drug Administration; the possibility
of product-related liabilities; our ability to attract and retain qualified
personnel; our ability to identify and complete acquisitions, manage our
growth and integrate acquisitions; the ability to recognize the benefits of
the merger with Misys Healthcare Systems, LLC ("MHS");  the integration of MHS
with the Company and the possible disruption of current plans and operations
as a result thereof;  maintaining our intellectual property rights and
litigation involving intellectual property rights; risks related to
third-party suppliers; our ability to obtain, use or successfully integrate
third-party licensed technology; breach of our security by third parties; and
the risk factors detailed from time to time in our reports filed with the
Securities and Exchange Commission, including our 2009 Annual Report on Form
10-K available through the Web site maintained by the Securities and Exchange
Commission at www.sec.gov. The Company undertakes no obligation to update
publicly any forward-looking statement, whether as a result of new
information, future events or otherwise.


Available Topic Expert(s): For information on the listed expert(s), click
appropriate link.
Glen Tullman
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=80768


SOURCE  Allscripts-Misys Healthcare Solutions, Inc.

Dan Michelson, Chief Marketing Officer, +1-312-506-1217,
dan.michelson@allscripts.com, Seth Frank, Vice President, Investor Relations,
+1-312-506-1213, seth.frank@allscripts.com, or Todd Stein, Senior
Manager/Public Relations, +1-312-506-1216,  todd.stein@allscripts.com, all of
Allscripts; or Chris Repetto of Intuit Inc., +1-650-743-4115,
chris_repetto@intuit.com, or Beth Gardiner of Access Communications,
+1-732-801-5331, bgardiner@accesspr.com, both for Intuit
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.