Peladon Logo
HomeCompanySolutionsProductsSupportPartnersCustomersNews & Events

Press Releases

To download PDF version of this press release Press Here

Peladon Press Releases

 

 

Peladon Software’s Automated EOB Processing Solution Chosen by MedAmerica Billing Services

Reduced document processing costs and faster patient payment turnaround times are anticipated with DocXP™ EOB

SAN DIEGO, Calif. May 4th , 2010 Peladon Software, a prominent developer of automated capture and document processing solutions, today announced that MedAmerica Billing Services, Inc. has licensed DocXP™ to automate the processing of Explanation of Benefits (EOB) forms and other medical records.

MedAmerica Billing Services, Inc. has adapted to the ever-changing medical billing environment, proactively implementing new technology to meet the needs of its clients. A focus on employee education and comprehensive management reporting has positioned MBSI and its clients to operate successfully in a climate of increased governmental regulations, third party contracting and declining reimbursement

DocXP™ will allow MBSI to quickly and accurately capture data from EOB forms and other medical records, validate the information, and balance claim totals and EOB forms.  MBSI anticipates a significant reduction in costs and an improvement in document processing performance, while remaining compliant with HIPAA guidelines, using Peladon’s DocXP™ EOB solution.

MBSI manually processes EOB forms and payments sent by insurance companies.  It is a labor intensive process involving the keying of data from paper invoices.  With DocXP™, MBSI will automate and streamline this process by scanning and electronically capturing the data from EOB forms.  The software populates the data into the appropriate fields and provides a balancing feature to ensure that the EOB claim amounts are accurate.  As a result, patient payments will be handled more quickly, providing faster turnaround times for everyone.  What makes DocXP™ EOB unique is its ability to handle thousands of different EOB form layouts on the front end, automatically read and extract the appropriate data and then output that data into a standardized format on the back end.

 “In today's challenging healthcare environment, it is exceedingly important to develop partnerships with vendors that understand our business model and provide high quality products and services.  This is a key factor in the success of our business and our ability to remain competitive.  We believe Peladon Software’s DocXP™ EOB product will help us to innovate and streamline our internal operations,” said Nancy Templeton, Senior Director of Technology and Business Integration for MedAmerica. “Ultimately, these efforts will trickle down to our customers, enhancing the overall experience with MedAmerica Billing Services,” added Templeton.

“We look forward to providing MedAmerica Billing Services with a high quality EOB processing solution,” said Noel Flynn, Chief Operating Officer for Peladon Software. “By automating the processing of EOB forms, we believe the DocXP™ solution will help MedAmerica reduce costs and improve turn-around time while maintaining HIPAA compliance,” added Flynn.

About MedAmerica Billing Services

 MedAmerica Billing Services, Inc. (MBSI) serves sixty-two (62) practice locations throughout the United States with a total volume of 1,500,000 patients per year. These practices include emergency medicine, hospitalist, wound care, urgent care, skilled nursing facility, physical therapy, and family practice.

About Peladon Software

Peladon Software, a wholly owned division of Data & Research Services PLC, provides automated data capture solutions for the Banking, Insurance, Financial, Healthcare, Legal, Education, Retail and Government markets. The company develops and markets an extensive line of document processing products, including the DocXP document classification, automated redaction, data extraction and data verification software modules.  Peladon’s products, combined with expert services, allow companies across the globe to reduce operating costs, obtain higher information accuracy and speed processing times. Using Peladon's solutions, clients become more efficient and competitive, allowing better, faster decision making. With the depth and strength of a parent company such as DRS, a market leader in the data capture arena for more than 35 years, Peladon offers the finest automated data capture technology, combined with world class customer support.  For more information about Peladon Software, contact the company at 214-644-0100 or visit www.peladonsoftware.com. 

Press Contacts:

Clint Carter
Peladon Software
214-644-0100
Clint.Carter@peladonsoftware.com