Concuity

Concuity’s New Release of ClearContractsTM 8.0 to Improve Staff Efficiency and Increase Revenue

concuity — Tue, 06 May 2008 12:17:23 +0000

Vernon Hills, Illinois/Dublin, Ireland – 05 May 2008 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed by HFMA”) and services, today announced the availability of ClearContracts 8.0. The latest version of Concuity’s ClearContracts solution enables users to more efficiently manage institutional and professional claim reimbursement activities and maximize reimbursement for bundled claims as well as ambulatory payment/outpatient visits. The Professional Calculation Engine of ClearContracts 8.0 has been enhanced to provide clients with a consolidated view of facility and professional claims. Users can easily determine expected payment and recover underpayments for institutional and professional accounts from the same user interface. With the addition of institutional bundling, ClearContracts 8.0 clients can manage code bundling in a number of ways. This new calculation method is designed specifically for institutional claims and can allow a hospital to compare one or more sets of codes (e.g. CPT 4, Revenue Codes) according to the hospitals contract specific, reimbursement formulas. What’s more, the reimbursements can be based on either the flat amounts for the entire bundle of codes or as a percentage of a codes fee schedule rate. Additionally, the user can further customize the bundling output conditions to refine the expected payment amount. Institutional bundling will help Concuity clients attain the maximum reimbursement for a prepared bill. ClearContracts 8.0 also includes enhancements to reconciliation reporting. Users can generate reports that reconcile patient account and financial data sent to data processed.

To address 2008 regulatory requirements, ClearContracts 8.0 includes enhancements to Ambulatory Payment Classification (APC) functionality. In addition to standard APC reimbursement, hospital clients can now view and calculate expected reimbursement for all new “Q” Code requirements for APC reimbursement. “We have a consistent track record of delivering the most robust revenue reimbursement technology in our industry. We want our clients to have the ability to process their entire universe of claims efficiently and cost-effectively,” said Ed Gallo, EVP for Concuity. “ClearContracts 8.0 provides superior functionality on a SAAS platform, enabling healthcare providers to increase the success of revenue recovery for underpaid and/or denied claims while making the process more efficient and cost effective.”

About Concuity
Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions on a SAAS platform, including ClearContracts^TM which has been reviewed by HFMA and features the notable “Peer Reviewed by HFMA” mark, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance. Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 847-465-6003 or visit www.concuity.com.

About Trintech GroupTrintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech’s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance. Over 600 leading global organizations realize the benefits of Trintech’s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer’s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants. Trintech’s technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements. For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands. Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840

Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The

Netherlands • Tel +31 (0) 10 8507 474

Trintech Press Contact
Dallas: Donna Martinez, Marketing Communications Manager, Trintech
Tel. +1 972 739 1611. email:donna.martinez

HealthEast Care System Selects Concuity’s ClearContracts TM to Increase Contract Analysis and Negotiation Capabilities and Improve Revenue Cycle Management

concuity — Mon, 21 Apr 2008 13:10:01 +0000

Vernon Hills, Illinois/Dublin, Ireland – April 2008 Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed by HFMA”) and services, today announced that HealthEast Care System has selected ClearContracts™ to enhance contract negotiation capabilities and improve the recovery of underpaid claims.
HealthEast Care System operates a number of hospitals and other health care facilities throughout the St. Paul, Minnesota, metro area, including three general acute care facilities – St. John’s Hospital, St. Joseph’s Hospital, and Woodwinds Health Campus. A fourth hospital, Bethesda Hospital, provides inpatient rehabilitative care. HealthEast Care System also features a number of primary care and specialty clinics located throughout its service area.
“The calculations performed in our existing system for expected reimbursement weren’t always accurate. We’ve also relied heavily on spreadsheets to track the appeal and recovery process. We wanted a more reliable solution for analyzing agreements, negotiating new contract terms, and recovering underpaid claims,” said Aaron Bloomquist, System Director Managed Care for HealthEast Care System. “With ClearContracts, we’ll have a tool that will help us better analyze the results of managed care agreements and hold payers accountable to the terms of those agreements.” The specialized collection workflow technology of ClearContracts combined with our Revenue Recovery Services enable healthcare organizations to accelerate collections, identify real variances, and improve cash flow and revenue. Collectors can effectively prioritize accounts, build cases for appeal, manage the appeal process, and collect more of what’s owed.

“We’re pleased to have HealthEast Care System as a client. They share the goal of other established healthcare providers – they want to improve financial and operational performance,” said Ed Gallo, “Our revenue cycle management solutions and integrated best practices allow healthcare providers across the country experience significant increases in annual revenue. Providers that practice proper contract revenue cycle management can recover a majority of claims and avoid underpaid claims altogether.”

About HealthEast Care System

HealthEast Care System is a community-focused, non-profit health care organization that provides innovative technology, compassionate care and a full spectrum of family health services. HealthEast includes Bethesda Hospital, St. John’s Hospital, St. Joseph’s Hospital and Woodwinds Health Campus as well as outpatient services, clinics, home care, pharmacies and medical transportation services. Practicing financial responsibility, HealthEast is the largest, locally-owned health care organization in the Twin Cities’ East Metro with 7,000 employees and 1,400 physicians on staff. For more information on HealthEast Care System, visit www.healtheast.org.

About Concuity

Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts which has been reviewed by HFMA and features the notable “Peer Reviewed by HFMA” mark, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance. Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 847-465-6003 or visit www.concuity.com.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) is a leading provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech’s recognized expertise in reconciliation underpins its suite of financial governance solutions, enabling businesses to address critical business objectives leading to more informed decision making and better overall business performance. Over 500 leading global organizations, including – North Fork Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer’s Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon Wireless, and Ameren – realize the benefits of Trintech’s configurable and highly scalable solutions everyday to: improve performance through stronger management of the revenue cycle and disbursements; ensure the accuracy and integrity of financial data; identify and reduce transaction risk; improve the quality and timeliness of financial reporting; and strengthen internal controls to support compliance requirements. For more information on how Trintech can help you gain greater visibility and control of your critical financial processes, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the country-region United Kingdom, or the Netherlands.

Trintech • 15851 Dallas Parkway, Suite 900•Addison, TX 75001 • Tel 1.972.701.9802

Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel 353.1.293.9840

Trintech Press Contact Dallas Donna Martinez, Marketing Communications Manager, Trintech Tel +972 739 1611. email - donna.martinez

HFMA Audio Webcasts

concuity — Thu, 21 Feb 2008 22:28:58 +0000

Improving Contractual Revenue Through Improved Managed Care Compliance
Presented by David Rodriguez- Concuity and Henry Ijams - PayStream Advisors
March 24, 2008
2:00 pm - 3:45 pm
Hosted by the Healthcare Financial Management Association (HFMA)

HFMA Leadership Training Conference 2008

concuity — Thu, 21 Feb 2008 22:11:19 +0000

HFMA Leadership Training Conference
April 13-15, 2008
San Antonio, TX
Sponsor

HFMA Region 1

concuity — Thu, 21 Feb 2008 22:09:08 +0000

HFMA Region 1
April 24-25, 2008
Uncasville, CT
Mohegan Sun Casino
Utilizing HFMA Peer Review Solutions - ClearContracts
Presented by Matt Blackmore - Manager of Contract Compliance - Providence Health Systems WA
Co-Presented by David Rodriguez- Concuity

Concuity Customer Conference 2008

concuity — Thu, 21 Feb 2008 22:06:25 +0000

Concuity Customer Conference
May 19 - 22, 2008
New Orleans, LA
Royal Sonesta Hotel

HFMA ANI 2008

concuity — Thu, 21 Feb 2008 22:04:53 +0000

HFMA’s ANI 2008: The Healthcare Finance Conference
June 23 - 26, 2008
Las Vegas, NV
Exhibiting Booth# 1462
“Putting it All Together: The Managed Care Contract Life Cycle”
Presented by Florence Kot - Assistant Director, Contract Management - The Cleveland Clinic
Co-Presented by David Rodriguez - Director of Product Marketing - Concuity
Mandalay Bay Resort & Casino

HFMA Fall Revenue Cycle Conference

concuity — Thu, 21 Feb 2008 22:01:25 +0000

HFMA Fall Revenue Cycle Conference
October 27 - 29, 2008
Las Vegas, NV

Edward Hospital & Health Services Selects Concuity’s ClearContractsTM

concuity — Mon, 14 Jan 2008 15:21:03 +0000

Edward Hospital & Health Services Selects Concuity’s ClearContractsTM for Contract and Denials Management and EOB Pro for Receivables ManagementVernon Hills, Illinois/Dublin, Ireland – 14 January 2008 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed by HFMA”) and services, today announced that Edward Hospital of Naperville, Illinois has selected ClearContracts to improve the management of payment variances, denials, and revenue recovery and EOB Pro to retrieve, consolidate, and standardize electronic remittances from multiple payers into 835s.

Founded in 1907, Edward Hospital & Health Services is a full-service, regional healthcare provider offering access to complex medical specialties and innovative programming in the west and southwest suburbs of Chicago.

“We have developed visionary goals for our payment and revenue recovery operations, including acquiring benefits through the disciplined execution of best-in-class contract management and EOB processing technology,” said Todd Conklin, vice president of finance, Edward Hospital. “To increase efficiency, we wanted to employ only one application combining payment and denials management with contract management; hence, why we selected Concuity. They offer a proven user-friendly, integrated suite that generates efficiencies and a better bottom line.

Web-based ClearContracts enables healthcare organizations to analyze overall contract performance, verify expected reimbursement, and enhance the financial profitability of new and proposed payer contracts. ClearContracts allows users to analyze every single claim flowing through their systems, based on the complex terms of their contracts, including carve outs, high cost drugs, stop-loss, and many other payment methodologies. With ClearContracts, health organizations can quickly gain control over payer contracts to recover lost revenue due to underpaid claims. The EOB Pro system extracts all data necessary for applying cash to patient accounts, and imports into ClearContracts for contract underpayment and denial management. “We welcome Edward Hospital as a new client and we look forward to contributing to their business growth through improved revenue cycle management,” said Edward Gallo, EVP of Concuity. “Healthcare organizations are increasingly challenged with rapid change, dynamic and increasing costs, and complex agreements. Concuity provides a competitive edge to leading healthcare organizations by providing them with greater visibility, control, and flexibility in managing their agreements and associated compliance, terms, and cost.”

About Edward Hospital

Edward Hospital & Health Services is a full-service, regional healthcare provider offering access to complex medical specialties and innovative programming. Edward Hospital has 311 private patient rooms and 4,800 employees, including 1,450 nurses and a medical staff of more than 900 physicians, representing more than 60 medical and surgical specialties and subspecialties. Edward, ranked as the 10th largest hospital in the Chicago area by Crain’s Chicago Business in 2007, is the largest employer in Naperville and is the busiest hospital in DuPage County for inpatient discharges, births, and emergency visits according to the Metropolitan Chicago Healthcare Council. For more information on Edward Hospital & Health Services, visit www.edward.org.

About Concuity

Concuity offers industry-leading solutions to increase hospital revenue by identifying and correcting payer non-compliance issues in the contract revenue cycle, including ClearContractsTM which has been reviewed by HFMA and features the notable “Peer Reviewed by HFMA” mark. Founded in 2000 by a group of healthcare industry visionaries and now a valued Division of Trintech, Concuity improves its customers’ bottom lines by delivering technology and service solutions that allow negotiation of more profitable contracts, ensure accurate implementation and compliance, and maximize revenue. Clients include University of Utah Hospitals and Clinics, Salt Lake City, UT, Riverside Medical Center, Kankakee, IL, and Providence Health System, Seattle, WA. Concuity is headquartered in Vernon Hills, Ill. For more information, call 847-465-6003 or visit www.concuity.com.

About Trintech Group

Trintech Press Contact:

Dallas: Donna Martinez, Marketing Communications Manager, Trintech Tel. +1 972 739 1611. email:donna.martinez

Concuity Announces New Release of ClearContracts for Revenue Cycle Management

concuity — Mon, 05 Nov 2007 23:30:56 +0000

Concuity’s ClearContracts™ 7.2 further Improves Revenue Cycle Management with Increased Contract Analysis and Negotiation CapabilitiesVernon Hills, Illinois/Dublin, Ireland – 5 November 2007 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed by HFMA”) and services, today announced the availability of ClearContracts 7.2. The latest version of Concuity’s ClearContracts solution dramatically increases calculation engine modeling capabilities and system usability. Health organizations are constantly occupied with managing underpayments and denials due to payer non-compliance; consequently, they’re always looking for better ways to monitor contract compliance. With ClearContracts, finance administrators and contractors can identify and correct systemic issues that cause revenue leakage and develop long-term strategies for combating payer non-compliance. ClearContracts gives hospitals and health systems the ability to effectively manage each step of the contract revenue cycle process, as well as improve their cash position and reduce accounts receivable. ClearContracts 7.2 gives healthcare organizations a broad range of enhanced modeling functionality that not only allows providers to model new contracts but also enables them to adjust their charges to more accurately reflect proposed reimbursement and more effectively negotiate future contracts. Enhancements to security and reporting features further increase enterprise-wide visibility, while enhancements to the user interface increase contract loading efficiency, flexibility, and consequently the user experience. “ClearContracts continues to evolve. The latest version of ClearContracts further increases the user experience and decreases time and resources required by clients to maintain compliance,” said Ed Gallo, EVP for Concuity. “With these latest innovations, Concuity continues its track record of providing the market’s most significant contract management software.”

About Concuity

Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts™ which has been reviewed by HFMA and features the notable “Peer Reviewed by HFMA” mark, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance. Concuity’s rich industry knowledge and market focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 847-465-6003 or visit www.concuity.com.

About Trintech Group

Trintech Press Contact:

Dallas: Donna Martinez, Marketing Communications Manager, Trintech Tel. +1 972 739 1611. email:donna.martinez