HATBORO, Pa., Nov. 29 InfoLogix, Inc.(Nasdaq: IFLG), a leading technology provider of enterprise mobility solutionsfor the healthcare and commercial industries, announced today that itsHealthcare Informatics Associates (HIA) consulting team has revealed the topthree keys to improving revenue cycle management.
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As hospitals across North America continue to search for new ways tominimize billing errors and decrease days in accounts receivable, revenuecycle management has continued to grow in importance. The InfoLogix HIAconsultants, each of whom is a certified medical or financial professionalwith an average of two decades of experience in the field, have improvedrevenue cycles for dozens of hospitals across the country that use informaticssystems such as Epic, GE/IDX, MEDITECH, Siemens, Eclipsys, and others.
"Time and again, we've found that hospitals struggle with several commonchallenges during revenue cycle projects, including disconnected workflows,misuse of analysts, and teams that are strictly organized by HISapplications," says Gerry Bartley, Executive Vice President and ManagingDirector of Healthcare Consulting for InfoLogix. "Yet, with three key changesto the traditional approach, we have found that hospitals can achievesignificantly greater success."
Standing apart from the traditional approach, the InfoLogix HIAconsultants have determined the three keys during the critical projectmanagement phase to be:
"We have found that it is critical for the implementation team to beintegrated, thereby avoiding a 'siloed' approach to system design and workflowgaps. And our recommendation to eliminate the team lead will come as asurprise to some, yet we have found it to be a viable way to address theproblem of inefficient use of analysts' time as 'mini-project managers' ratherthan as builders," says Bartley. "Each team should also have accountabilityfor explicit project milestones, as opposed to just being accountable for asingle application, as we continue to believe that the best formula forsuccess is to get the project right the first time."
The InfoLogix HIA consulting team includes registered nurses, pharmacists,ancillary clinicians, physician assistants, revenue cycle personnel,administrative systems personnel, technical interface/report writingpersonnel, clinical transformation specialists, engineers specializing inROI/benefits realization/work redesign, and certified project managers.
To download a copy of the complete report "Three Keys to ImprovingHospital Revenue Cycle Management," visit www.infologixsys.com/HIA.
About InfoLogix, Inc.
InfoLogix is a leading provider of technology and RFID based intelligencesolutions that enable the mobile enterprise. InfoLogix uses the industry'smost advanced technologies to increase the efficiency, accuracy, andtransparency of complex business and clinical processes for the healthcareindustry and the commercial marketplace. With 19 issued patents, InfoLogixprovides mobile managed solutions, on-demand software applications, mobileinfrastructure products, and strategic consulting services to over 2,000clients in North America including Kraft Foods, Merck and Company, GeneralElectric, News America Corporation, Mercedes Benz, Kaiser Permanente,Adventist Health, Universal Health Services, MultiCare Health System,University of California San Francisco, Swedish Medical Center, and StanfordSchool of Medicine. Founded in 2001 and headquartered in suburbanPhiladelphia, PA, InfoLogix has been named the sixth fastest growing newbusiness in the United States for the last three years by EntrepreneurMagazine. InfoLogix is a publicly-traded company (Nasdaq: IFLG). For moreinformation, visit www.infologixsys.com.1) Decentralizing the application teams, 2) Eliminating the team lead, and 3) Structu