Concuity Announces Next-Generation Revenue Cycle Management Solution

Mon Nov 16, 2009 1:00am EST
 
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New ClearContracts(TM) 9.0 to Improve Clients' Revenues, Security and
Month-End Processing




VERNON HILLS, Ill. and DUBLIN, Nov. 16 /PRNewswire-FirstCall/ -- Concuity, a
healthcare division of Trintech (Nasdaq: TTPA) and a leading provider of
Revenue Cycle Management technology and services, announced the new release of
ClearContracts(TM) 9.0. Used by the largest and most sophisticated hospital
systems in the U.S., ClearContracts(TM) is a web-based suite of software that
enables healthcare providers to meet all of their managed care and revenue
recovery goals. 

Concuity's ClearContracts(TM) version 9.0 introduces a new level of
sophistication and functionality in Payer Compliance and Revenue Management
solutions. This new release offers customers a more immediate ROI with
significant enhancements to revenue recovery management and expected
reimbursement calculations.  With version 9.0, clients can choose between more
options to optimize the percentage payment on all contracted rate schedules. 
The system also introduces enhancements that streamline the ability to
classify, manage, and distribute accounts for collection across any healthcare
organization.  Additionally, users can now expedite their month-end close with
enhanced financial processing capabilities, including accrual calculations and
support for Medicare Cost Reporting.  ClearContracts(TM) 9.0 includes
extensive user security features that support Concuity clients' desire to
control and monitor user access to many functions including Documentation &
Compliance, Calculation Engine Rate Schedules, Reports, and Accounts.

"We have a consistent track record of delivering the most robust revenue cycle
management technology in our industry and want our clients to be able to take
advantage of our deep industry experience," said Paul Byrne, President of
Concuity. "ClearContracts(TM) 9.0 provides a dramatic increase in
functionality, enabling healthcare providers to grow their bottom line,
facilitate the month-end closing process, and address the growing trend of
estimating patient liability."

About Concuity
Founded in 2000 by a group of healthcare industry visionaries, and now a
division of Trintech, Concuity improves its customers bottom line performance
by delivering targeted revenue recovery solutions, including
ClearContracts(TM), that ensure accurate claims reimbursement, improve
workflow and payment collection, streamline contract negotiations, optimize
cash flow and profitability, and ensure accurate implementation and
compliance.

Concuity's rich industry knowledge and market-focused technology solutions and
services empower your organization to identify and then eliminate systemic
issues that cause revenue inefficiencies. The result is a significant return
on investment with long term sustainable improvement in revenue and
profitability for our clients. For more information, call 866.342.4636 or
visit www.concuity.com.

About Trintech Group
Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated
financial governance, risk management, and compliance software solutions for
commercial, financial, and healthcare markets. Trintech's recognized expertise
in reconciliation process management, financial data aggregation, revenue and
cost cycle management, financial close, risk management, and compliance
enables customers to gain greater visibility and control of their critical
financial processes leading to better overall business performance.

For more information on how Trintech can help you increase confidence in
business performance and reduce financial risk, please contact us online at
www.trintech.com or at our principal business office in Addison, Texas, or
through an international office in Ireland, the United Kingdom, or the
Netherlands.


    Trintech - 15851 Dallas Parkway, Suite 900 - Addison, TX 75001
    - Tel 1 972 701 9802

    Trintech UK Ltd. - Warnford Court, 29 Throgmorton St. - London EC2N2AT, UK
    - 44 (0) 20 7628 5235

    Trintech Technologies - Block C, Central Park - Leopardstown, Dublin 18,
    Ireland - Tel 353 1 293 9840


    Concuity Press Contact:
    Vernon Hills, IL: David Rodriguez, Director of Product Marketing and Sales
    Tel. +1 847 941 9230. email: drodriguez@concuity.com





SOURCE  Concuity, A Healthcare Division of Trintech, Inc.

David Rodriguez, Director of Product Marketing and Sales of Concuity, Vernon
Hills, IL, +1-847-941-9230, drodriguez@concuity.com

 

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