RemitDATA and TransUnion Healthcare Partner to Deliver Real-Time Reimbursement Transparency
Patented reimbursement, productivity and utilization benchmarking technology offers actionable insights into key business metrics
DALLAS--(AllPayNews)--After a successful HIMSS11debut, RemitDATA Inc., the industry expert in reimbursement, utilization data and comparative analytics, has announced a new RemitPARTNER program agreement with TransUnion Healthcare, a leading provider of data, patented analytics and decisioning solutions that empower providers and payers to make meaningful decisions at the point of need.
“TransUnion is an ideal fit for our RemitPARTNER program because of their drive to deliver industry-leading healthcare analytics to both payers and providers,” said Michael Sanderson, president of RemitDATA. “Physicians control more than 80 percent of the healthcare spend, yet they are the least informed. Our partnership with TransUnion leverages TITAN, our patented ‘comparative analytics’ engine, and their immense footprint to keep the transparency revolution going strong.”
The agreement will provide TransUnion customers with access to RemitDATA’s TITAN, an innovative SaaS-based reimbursement and utilization platform. The unprecedented level of healthcare reimbursement transparency delivered through TITAN has only been previously available to Medicare, regulators, payers and large pharmaceutical companies.
Upon implementation, TransUnion customers can receive proactive, custom benchmarking notifications on reimbursement, utilization, productivity and compliance issues that can be customized according to specific measurement requirements. They will also be able to compare themselves in real-time to specialty peer groups within their state or nationally.
RemitDATA develops strategic partnerships with leading healthcare IT and data management companies to bring its powerful real-time comparative analytics and efficiency solutions to a broader base of outpatient providers. The turnkey RemitPARTNER program enables healthcare vendors to better serve their customers with proven, value-add solutions that have already helped tens of thousands of providers accelerate cash flow, minimize compliance risk and improve staff productivity.
“With the dynamic nature of the healthcare industry these days, it is vitally important for our customers to have the right information and tools available to them at the right time, maximizing the new ROI for the industry – return on intelligence,” said Jim Bohnsack, vice president, TransUnion Healthcare. “To that end, we are excited to add RemitDATA’s valuable solutions and the transparency they provide to the TransUnion Healthcare data management and RCM package.”
For more information about RemitDATA’s Partner Program, please visit www.RemitDATA.com or call (866) 885-2974.
About TransUnion Healthcare
TransUnion Healthcare, a wholly owned subsidiary of credit and information management company TransUnion, empowers providers and payers with instantaneous intelligence by providing data and analytics at the point of need. In the provider market, TransUnion offers a series of data solutions designed to move critical decision making to the front-end of the revenue cycle process. In the payer market, TransUnion offers healthcare analytics and reporting solutions to help payers meet their reporting needs, control costs and improve the overall health of their members.
Founded in 2000, RemitDATA Inc. helps more than 75,000 healthcare providers improve revenue and cash collections by identifying and correcting performance issues in the post-adjudication stage of the revenue cycle. The company provides a range of system-agnostic solutions with patented, proprietary technology offered in Software as a Service (SaaS) form for immediate value-add implementation, resulting in a faster return on investment. The end result is more enlightened providers with better educated practice management teams, improved employee productivity and increased profitability. Based in Memphis, Tennessee, and Dallas, Texas, the company has enjoyed a more than 90 percent client renewal rate since its inception. For more information, please visit www.RemitDATA.com.
for RemitDATA Inc.
Thomas Moore, 972-499-6648
Ashley Hoptay, 972-499-6650