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New suite of transactional services extends AMICAS' revenue cycle management offerings
AMICAS, Inc., a leader in image and information management solutions, today launched AMICAS Patient Services and AMICAS Payer Services, a suite of transactional services designed to dramatically reduce the time it takes for providers to convert receivables into cash while reducing their total cost of operations. AMICAS will be showcasing its image and information management solutions at the RBMA Annual Radiology Summit in Orlando, FL, from June 7 to 10. AMICAS will be in booth #301.

AMICAS Payer Services provides insurance eligibility and claims and coding compliance management services, which results in a reduction of claim denials, increased collections, and more efficient cash flows. AMICAS Patient Services automates patient collections with print and mail services for communicating with patients, online statement review, return mail automation, and an online payment portal, powered by InstaMed, for use by patients and practices.

"Radiology billing is facing some incredible challenges: declining payer reimbursements, higher patient responsibility for payment, and the complexity involved in complying with an increasing number of payer and coding regulations," said Paul Merrild, senior vice president of marketing and business development at AMICAS. "In order to help our customers respond to these market pressures, AMICAS has adopted a holistic approach to revenue cycle management that includes both top-flight software and transactional services designed to improve billing and collections."

Examples of clients that have recently signed contracts for AMICAS Patient Services include:

• DRA Imaging, PC, which is located in Poughkeepsie, NY, has 18 physicians, four physician assistants, and more than 130 support staff members. DRA Imaging is focused on combining cutting-edge technology with sensitive patient care for the residents of New York's Hudson Valley.

• Quantum Medical, which is located in Salem, VA, is a privately-owned physician practice management company specializing in medical billing and management services for hospital-based physicians.

• Radiology Associates of West Pasco, which is located in New Port Richey, FL, was founded in 1974. With four locations, Radiology Associates offers its community the services of nine radiologists trained in a wide variety of subspecialties, using the most advanced techniques available.

• Shady Grove Radiological Consultants, which is located in Montgomery County, MD, has been a leading provider of diagnostic services for more than 30 years. This 13 board certified radiologist-practice is focused on providing the highest quality radiology services to patients and referring physicians by focusing on patient care while adhering to the rules of medical ethics and standards of care.

At the RBMA conference, AMICAS will highlight AMICAS Payer Services and AMICAS Patient Services and its other high return on investment solutions, including:

• AMICAS Financials(TM), which helps increase collections and reduce costs by automating the identification and management of denials and follow-up workflow.

• AMICAS Dashboards(TM), which is a Web-based business intelligence platform providing access to customized, near real time, easy-to-read data for key performance metrics and indicators.

• AMICAS Documents(TM), which is a paperless solution that streamlines workflow, reduces expenses, increases FTE productivity and collections, and facilitates HIPAA compliance.

• AMICAS PACS(TM), which drives significant improvements in radiologist productivity while enabling improvements in the quality of care.

• AMICAS Reach(TM), which allows radiology practices and departments to provide unparalleled service to referring physicians.

• AMICAS RadStream(TM), which reduces medical-legal risk by automating and documenting critical results communications.

• AMICAS RIS(TM), which drives administrative staff productivity and revenue opportunities.

"RBMA is an ideal venue for AMICAS to share its image and information management solutions. Our focus on solving imaging's most challenging problems continues to resonate with RBMA's members," said Mr. Merrild. "The feedback we have been receiving from the market shows that our momentum is accelerating. Clearly, this is an important and exciting time for automation solutions in imaging."

About AMICAS
AMICAS, Inc. is a leading independent provider of imaging IT solutions. AMICAS offers the industry's most comprehensive suite of image and information management solutions -- from radiology PACS to cardiology PACS, from radiology information systems to cardiovascular information systems, from revenue cycle management solutions to enterprise content management tools designed to power the imaging component of the electronic medical record.

Source: AMICAS