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RAC Management Solution from CareMedic Drives Superior Preparation and Management of Entire Recovery
09/04/2008
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced the launch of a new solution to help hospitals prepare for, track and effectively manage the entire Recovery Audit Contractor (RAC) process.

CareMedic Launches the eFR® Network
06/23/2008
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today launched the eFR Network, its comprehensive set of configurable technology and technology-enabled services that offer healthcare providers an effective, and cost-efficient electronic financial record platform for complete revenue cycle redesign.

CareMedic Marks Successful eFR™ Go Lives at University of Maryland Medical System
06/16/2008
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced that the University of Maryland Medical System (UMMS) has recently completed several successful go lives on the company’s electronic Financial Record™ (eFR®).

CareMedic Partners with MCare Solutions to Provide Transfer DRG Reimbursement Recovery Services
04/22/2008
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today announced that it has signed a strategic partnership with Houston-based MCare Solutions, Inc. (MCare) to provide reimbursement recovery services related to Medicare post acute care transfers, also known as Transfer DRGs (Diagnosis Related Groups), or (TDRGs).

CareMedic Celebrates Strong Year-End 2007 Results
02/25/2008
CareMedic Systems, Inc., a leader in proactive financial management for hospitals and providers, today reviewed highlights of a successful year-end 2007, underscored by a winning strategy to offer blended technology and services designed to tackle challenging aspects of the healthcare revenue cycle.

CareMedic takes Pre-Service Verification to Unprecedented Levels
01/07/2008
CareMedic Systems, Inc. introduces a new version of VerifyAR Compliance Checking to dramatically improve its customers’ ability to comply with medical necessity and other regulatory requirements prior to providing and billing for medical services. The new version introduces a broad set of functionality that takes pre-service checking to unprecedented levels. In combination, the new features are designed to help providers reduce A/R days outstanding while achieving appropriate reimbursement.

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“The CFO also likes the fact that this is a direct hit to the bottom line of the medical center. These denials represent dollars we haven’t collected in the past, and the $3.9 million we’ve seen during the first nine months validates our decision to use CareMedic.”

--George DerBedrosian
Administrative Director, Patient Financial Services
Alta Bates Summit Medical Center