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SearchAmerica Announces Partnership with Healthcare Data Exchange
Minneapolis, MN (Business Wire)—December 6, 2006—SearchAmerica, the industry leader in prediction of payment, automated charity and address verification, today announced an alliance with Healthcare Data Exchange (HDX®), a Siemens Medical Solutions company. The new alliance is uniquely qualified to meet the increasing demands consumer driven healthcare initiatives place on healthcare institutions, enabling them to receive high quality data, web-based work listing tools, and payment assessment solutions to help them run their business more efficiently.
HDX provides EDI services to more than 850 of the largest healthcare delivery, acute care and ambulatory organizations nationwide, and is currently working with more than 180 of the nation's top payers. With approximately 5,000 customers worldwide, Siemens Medical Solutions is a key business unit of Siemens AG (Munich, Germany, NYSE: SI), one of the largest global electronics and engineering companies, and ranks among the top health care industry suppliers worldwide.
The new alliance integrates the expertise of SearchAmerica and HDX, offering customers a powerful solution to address the needs of the enterprise across the continuum of care. The services will combine the essential integration features of HDX with SearchAmerica’s rich functionality, supporting customers’ ability to minimize financial risk via state-of-the-art payment assessments solutions.
SearchAmerica’s industry leading payment assessment solutions, Payment Advisor ™ and Charity Advisor ™ will be available with HDX integration to Siemens healthcare customers. Both the patient address verification and risk assessment solutions increase efficiencies of the registration, financial counseling and collections workflows within the revenue cycle. The address verification framework of both solutions enables users to enhance productivity during the patient registration process with the capture of vital pieces of information pertinent to the lifecycle of billing and collecting patient balances. Financial counselors and collectors working within their respective revenue cycle pathways will also benefit by facilitating the probability of payment along with streamlining the process for uninsured patients.
As patient responsibility increases through consumer driven healthcare, a market need exists for solutions that enable healthcare customers to manage an empowered patient population. SearchAmerica’s Payment Advisor™ and Charity Advisor™ are designed to specifically handle the business requirements of provider and patient encounters, ranging from consumer satisfaction to ensured reimbursement. The data available to customers through SearchAmerica stands out in the industry, according to industry revenue cycle consultants; the functionality is flexible and relevant to current business requirements.
“We are pleased to begin an alliance with HDX” said Daniel Johnson, CEO of SearchAmerica. “We believe that Siemens/HDX customers will embrace this functionality and will benefit from HDX and SearchAmerica’s combined strength in addressing the needs of the healthcare enterprise across the continuum of care. Integration with HDX greatly simplifies access to SearchAmerica by the provider continuum.”
"The SearchAmerica solution is an excellent addition to the HDX integrated revenue cycle portfolio," said Mitchell Icenhower, Senior Director, Siemens Revenue Cycle Services. "SearchAmerica’s advanced payment assessment services support our customers' needs in today’s consumer driven healthcare arena. Combined with our robust integration capabilities, it is an alliance that will have far-reaching benefits."
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