Emdeon Launches Emdeon Office EZBill

                               

NASHVILLE, Tenn., May 25 /PRNewswire-FirstCall/ -- Emdeon Inc., a leading provider of healthcare revenue and payment cycle management solutions, today announced the launch of a free service available through its Emdeon Office solution. Healthcare providers will now have the ability to submit workers' compensation and automobile medical bills and related attachments electronically through the Emdeon Office EZBill solution regardless of which practice management software they are currently using.

Texas and Minnesota have already adopted legislation that requires providers and payers to transmit workers' compensation bills and related attachments electronically and other states are considering similar legislation. Historically, healthcare providers have been limited by manual processes that require workers' compensation and automobile medical bills and attachments to be filed on paper and delivered via postal mail. For providers, paper filing requires additional manual handling by office staff and creates delays in payment with increased potential for error. The Emdeon Office EZBill solution can help providers comply with applicable state laws and offers providers the ability to reduce the amount of manual bill processing by automating the submission of these types of bills for enhanced efficiency and accuracy.

"Our goal is to streamline the process required so that bills are paid as quickly and accurately as possible," said Philip Hardin, executive vice president of provider services for Emdeon. "And with some states now mandating healthcare providers to submit workers' compensation bills electronically, it is important for us to create an easy, cost-effective solution to help deliver those bills."

Emdeon Office EZBill enables the submission of these transactions through direct data entry. Healthcare providers receive complete visibility into the bill lifecycle and are able to track bills from point-of-submission through payment. Emdeon Office EZBill also enables attachments such as medical reports and documentation to be submitted electronically along with workers' compensation and automobile medical bills. The ability to submit attachments electronically helps to eliminate a processing barrier that previously delayed payment to healthcare providers.

"Emdeon's workers' compensation solution helps us get our bills out faster and get paid quicker," said Stephanie Valdez of Progressive Billing in San Antonio, Texas. "Where we typically had to wait 30 days for bill status, now within two weeks our payments are being processed. We completely eliminated the paperwork in our workers' compensation process."

The Emdeon Office EZBill solution is available now to healthcare providers nationwide.

About Emdeon

Emdeon is a leading provider of revenue and payment cycle management solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeon's product and service offerings integrate and automate key business and administrative functions of its payer and provider customers throughout the patient encounter. Through the use of Emdeon's comprehensive suite of products and services, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle process.

Statements made in this press release that express Emdeon's or management's intentions, plans, beliefs, expectations or predictions of future events are forward-looking statements, which Emdeon intends to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. These statements often include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. Forward-looking statements may include information concerning Emdeon's possible or assumed future results of operations, including descriptions of Emdeon's revenues, profitability and outlook and its overall business strategy. You should not place undue reliance on these statements because they are subject to numerous uncertainties and factors relating to Emdeon's operations and business environment, all of which are difficult to predict and many of which are beyond Emdeon's control. Although Emdeon believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect Emdeon's actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements, including the risks discussed in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections and elsewhere in Emdeon's Annual Report on Form 10-K for the year ended December 31, 2009,  as well as Emdeon's periodic and other reports, filed with the Securities and Exchange Commission.

You should keep in mind that any forward-looking statement made by Emdeon herein, or elsewhere, speaks only as of the date on which made. Emdeon expressly disclaims any intent, obligation or undertaking to update or revise any forward-looking statements made herein to reflect any change in Emdeon's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

 

SOURCE Emdeon Inc.