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Archive for March, 2009

Healthcare Revenue Management Solutions

Thursday, March 26th, 2009

Revenue management first noticed and accepted by the airline industry. Many travel and hospitality companies have been focused to the “adapt or perish” hymn while moving towards revenue management. Today, revenue management processes and systems are implemented in number of industries, including manufacturing, advertising, energy, hi-tech, telecommunications, car rental, cruise line, railroad, retail and healthcare. In the future, companies that ignore revenue management will be at a serious disadvantage.

Actually, revenue management is the concept of adopting the number of implementation of emerging and changing business strategy to revenue management, where you can generate additional revenue from 3% to 8 % and it resulting in possible profit increment of 50% to 100%.

Revenue Management is the application of exercised strategy that estimates consumer behavior at the micromarket level and make the most of product availability and price to maximize revenue growth. Revenue Management is about optimizes revenue from offered business.

Revenue Management is a solid management science that utilizes statistical and mathematical concepts, based on operations research and management science methodology and tools in changing marketing environment to provide information to:

. Precisely review prospecting consumer behavior under dynamically changing market environment
. Establish the most effective way to price and assign inventory to reach and every prospecting consumer, each and every day, formulate real-time modification as market conditions change, with the consumer in real-time
. Convey this information immediately to distribution and sale outlets which deal with the consumer in real-time
. Work as a decision-support reserve for marketing and operational purpose, containing but not restricted to: pricing, product development, advertising, sales, scheduling, distribution, human resource utilization and capacity planning.

Businesses worldwide are going under remarkable pressure by having giant capital investments occupied to their capacity/resources up to bottom line and to optimizing and recovered revenues from their fragile capacity, products and/or services. So, what can be done to execute RM effectively is very important.

Understanding the challenges you face, Concuity offers industry leading solutions combining the latest ASP technologies with professional services to help you optimize your revenue cycle management with its revenue management, contract management, denial management and month-end financial processing for improved revenue, profitability and payer compliance. Concuity delivers a 100% web-based, highly scalable solution that provides healthcare organizations the visibility and control they need to create and negotiate fair contracts, comply with contractual obligations, and identify and recover on underpaid and denied accounts. Concuity’s solutions incorporate your unique business rules and payer terms – so that you can obtain greater visibility and more efficiently manage your revenue throughout its lifecycle.

The Concuity approach enables providers to pinpoint how much they are owed for all claims they file. ClearContracts allows clients to verify the accuracy of claim payments down to the line-item level, giving them complete visibility into all of their contracts, thereby reducing the payment cycle time, as well as increasing cash flow and revenue.

The payment and revenue visibility provided by the ClearContracts solution not only improves healthcare business processes by increasing efficiency, it also lowers administrative costs. Additionally, Concuity can provide immediate ROI through its Revenue Recovery Services, enabling your healthcare organization to quickly reduce cost and lost revenue while increasing compliance, visibility and cash flow.

Concuity is the revenue cycle management software and service provider of choice for many leading healthcare organizations.

Good Reasons For Vision Care Treatment

Friday, March 20th, 2009

A pair of beautiful, healthy eyes is very important for not only enjoying sights, but performing many duties, both personal and work related.

Regular vision care treatments would have identified heredity factors as the cause of this diminished visual acuity. Some people might shrug the vision deficit off because they are able to see things which are close to the face very clearly, and it is only when tasked with looking afar that the vision deficit is more apparent. A qualified eye professional would make eyesight determinations only after running a few vision checks in the office and reviewing the vision care history of the patient.

An optometrist might discover other reasons for myopia during the vision care examination. During that exam, the eye care professional would see that there were changes to the muscles that control eye movements. Little changes to the way the eye moves are good reasons for vision care treatments because defects that are discovered early are the easiest eye problems to correct. A patient might only have to perform certain eye exercises for a month or two for vision to return to normal.

Some people have other reasons for getting vision care treatments twice a year. They may have failed the vision tests administered by the Department of Motor Vehicles and were denied a driver’s license. A retest for the driver’s license exam will be possible in a month or more, and during that time, the driver’s license applicant could have an eye exam and wear eyeglasses or contact lenses when the vision tests are administered again.

Once the driver has passed the driver’s license examination, the driver’s license will authorize the driver to operate a motor vehicle on any roadway. The only stipulation that must be met to drive will be a notation on the back that requires corrective lenses to be worn by driving. People that have not had a vision care check in a while, might be unable to read the small print that outlines this requirement. Before taking any driving test, an applicant can scan the license and see if vision acuity needs to be corrected.

If a eye care patient explains to an optometrists that they are unable to see things up close, the eye care professional will know right away that the patient is exhibiting signs of hyperopia. More commonly known as farsightedness, most people do not know that this sight problem is often based on heredity. A person can choose to correct the visual acuity problem through surgical procedures, or selecting an attractive pair of eyeglasses. A vision acuity test can also render the patient with a prescription for contact lenses.

Other vision problems might be discovered during a vision care check. A patient might have astigmatism and not even know it. The eye care examination will give an eye care professional a microscopic view of the surface of the eye and a noticeable ridge will be seen that makes images misalign. Only through regular vision care treatments can an optometrist track the progress of this misalignment, and prescribe the right eye treatment that will return vision to normal ranges.

Eye care starts with you, and the more knowledgeable you are of keeping the eye healthy, the better it is for you.