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2007 Archives

CareMedic Perpetuates Strong Sales Momentum by Optimizing Medicare Secondary Claims Process
10/31/2007
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, is proud to mark the end of a strong 2007 third quarter highlighted by growth from new, large accounts and strong market adoption of its blended services and information technology offering, SecondaryGold™.

CareMedic Outlines Company’s Progress, Future Direction at 2007 User Group Conference
10/23/2007
CareMedic Systems, Inc., hosted its 7th annual User Group Conference October 7-10, 2007, in Orlando, Fla., and shared with healthcare financial leaders from across the country the company’s direction toward offering blended service and technology solutions, the introduction of customer-focused support and delivery initiatives, and user success stories. The company also announced its new product advisory board members.

CareMedic Continues Strong Sales Momentum with Q2 2007 Results
08/06/2007
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced its solid second quarter results were driven by strong existing customer demand for its expanded portfolio of revenue cycle products and services.

Revenue Cycle Performance Dashboard Offers Commercial Claims Performance Indicators
07/30/2007
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced its revenue cycle performance dashboard now offers key performance indicators (KPIs) related to commercial payer claims processed by the company’s AccelerateAR™ Claims Management solution.

CareMedic Systems Announces EHNAC Certification
04/30/2007
CareMedic Systems, a leader in proactive financial management for hospitals and providers, today announced full accreditation of its network for hospital claims by The Electronic Healthcare Network Accreditation Commission (EHNAC).

CareMedic Announces Consolidated Payment Management
04/25/2007
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced its release of OptimizeAR™ Consolidated Payment Management. Currently in beta testing at New York Presbyterian Hospital, the system specifically addresses the unique challenges associated with consolidating payment data received on paper with data received electronically.

CareMedic Systems Demonstrates Strong Q1 2007 Growth
04/23/2007
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced the closing of more than 80 contracts in first quarter 2007, representing over $4.7 million in first-year contract value.

CareMedic Systems Announces the General Availability of Compliance Checking V.8
04/16/2007
CareMedic Systems, Inc. today announced the general availability of the latest version of VerifyAR™ Compliance Checking. With this tool, hospitals can ensure compliance with medical necessity and other regulatory requirements prior to providing and billing for medical services.

CareMedic Systems Announces New Senior Vice President of Sales
04/16/2007
CareMedic Systems, a leader in proactive financial management for hospitals and providers, today named Tim Welch senior vice president of sales. In his new position, Welch will be a key member of CareMedic’s executive team, participating in overall corporate strategic planning. Welch will report to CareMedic’s chairperson and chief executive officer, Sheila Schweitzer.

CareMedic Announces Revenue Cycle Performance Dashboard
02/06/2007
CareMedic Systems, Inc. announces the general availability of the first ever, fully integrated revenue cycle performance management dashboard. CareMedic’s Web-based dashboard is integrated with its AccelerateAR™ MedicareRT™ solution to provide users with clear, crisp, accurate measurements of performance and profitability.

CareMedic Launches SecondaryGold
02/05/2007
CareMedic Systems, Inc. today announced SecondaryGold™, a solution that allows its customers to focus on primary claims while CareMedic manages their secondary claim processing and follow-up. SecondaryGold increases the collection rate for secondary claims to more than 90 percent of the collectable dollars.

CareMedic Announces New VP of Human Resources
02/01/2007
CareMedic Systems, a leader in proactive financial management for hospitals and providers, today named Richard Sevigny vice president of human resources. Sevigny joins the company on February 1, 2007, and will be a key member of CareMedic’s executive team, participating in overall corporate strategic planning. Sevigny will report to CareMedic’s chairperson and chief executive officer, Sheila Schweitzer.

CareMedic Announces New Chief Financial Officer
01/23/2007
CareMedic Systems today named Allen Plunk, CPA, as its senior vice president and chief financial officer. Plunk joined CareMedic January 15 and will be a key member of CareMedic’s executive team participating in overall corporate strategic planning. Plunk will report to CareMedic’s chairperson and chief executive officer, Sheila Schweitzer.

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"Using MedicareRT, a multi-entity healthcare provider organization under my direction was able to reduce Medicare aged AR greater than 60 days from discharge to under 2 percent in aggregate for over 50 acute care hospitals in 13 states. Prior to installing the CareMedic product, we had been averaging 12–15 percent aging over 60. We maintained this impressive aging statistic consistently for over two years."

--Rudy Braccili
Director of Revenue Cycle Services
Boca Raton Community Hospital

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