RevenueMed and Anodyne Health Partner to Raise the Standard of Payment Posting Services
New Service Available Immediately Though Anodyne
Atlanta, September 8, 2008
RevenueMed, the global leader in health care business process outsourcing and Anodyne Health, a leader in physician billing solutions, today announced a partnership to provide Anodyne customers an enhanced service to convert paper EOBs to ANSI 835 transactions.
"We are excited to be expanding our relationship with Anodyne" said RevenueMed's founder and CEO Mike von Grey. "The integration of our RevRemit™ services and Anodyne’s billing solutions will accelerate payment posting process for Anodyne’s physician clients."
Despite the intent that remittance advices from payers to providers should migrate to an Electronic Data Interchange format (ANSI 835 files), a stubborn portion of remittances continue to be returned as paper EOBs. To address this cumbersome and expensive paper stream that healthcare providers must address internally, RevenueMed developed RevRemit™, which has become the market’s leading solution to convert paper EOBs into ANSI 835 files.
This service receives scanned EOBs and 837 billing files as its inputs and delivers reliable, high quality 835 files as the
principal output. By partnering with RevenueMed, healthcare providers and billing companies can treat every
remittance as an ERA, even if it is originally returned as paper. This solution saves money, improves service reliability
and removes a non-core staffing hassle.
Additional products and services available through RevenueMed include revenue cycle consulting, RevAudit™ coding
audit service, RevCode™ medical records coding service, RevTrain™ web-based coding education and coder skills
testing, and RevClaim™ medical and dental claim to ANSI 837 service.
About Anodyne Health
Anodyne Health, Inc. (www.anodynehealth.com) delivers revenue cycle solutions to healthcare provider organizations
including physician billing, medical coding and business intelligence (“BI”) software. The company’s billing solution helps
practices drive greater revenues, minimize compliance risk and gain a deep understanding of the business side of their
practice. Our unique, easy-to-use web-based business intelligence ("BI") software revolutionizes access to your revenue
cycle information and data that was once thought difficult, or even impossible, to obtain.
About RevenueMed, Inc.
RevenueMed is the global leader in healthcare related business process outsourcing, offering distinctive value to all
participants in the healthcare revenue cycle – including both providers and payers. RevenueMed is headquartered in
Atlanta, GA, with captive production centers in India and a total workforce exceeding 600 staff.
For more information please contact:
Scott Schrader
RevenueMed, Inc.
770-246-9797 x101
sschrader@revenueMed.com
www.revenuemed.com