Carilion-Spectrum Laboratories installs Freedom’s FreeX12 Processor.
September, 2010 Ann Arbor, MI: Freedom Imaging Systems (Freedom), a leading data management and solutions provider, is pleased to announce Carilion-Spectrum Laboratories has signed an agreement and installed Freedom’s FreeX12 Processor.
Freedom’s FreeX12 Processor is the latest addition to its popular RICAR (Record Image Capture And Retrieval) content and document management software suite. FreeX12 shortens the billing revenue cycle and days sales outstanding by processing raw 835 Health Care Claim Payment/Advice files, also known as Electronic Remittance Advices (ERA), and providing human readable electronic images in both batch and patient centric formats. FreeX12 also has the option to pass the patient/claim centric images to Freedom’s workflow module for automatic sorting by denial/reason code into specific workflow queues for accurate and timely claim adjudication.
Spectrum began a trial phase of FreeX12 in August 2010. The initial objective of the trial was to eliminate the printing and scanning of ERA/835 files; once implemented, it eliminated 60% of all explanation of benefits scanning allowing re-assignment of the scan operator’s tasks to other billing functions. The denial/reason code specific workflow queues will allow management to prioritize processing by code and distribute the work in each queue on a FIFO basis among as many staff as necessary to process the claim. Since the patient centric claim is stored as an individual patient record secondary and tertiary billing claims redaction is eliminated. The RICAR workflow improves the management of denial/reason code process and allows multiple users to dynamically work queues simultaneously.
Once fully tested and reviewed, Spectrum signed a three year license agreement for FreeX12 effective September 1, 2010.
Carilion-Spectrum is one of the largest full-service laboratory companies in the nation serving health care professional, physician practices, hospitals and medical groups. Our core business of providing accurate, timely, and cost-effective laboratory services to clinicians is a testament to our commitment to customer intimacy and service excellence.
Freedom Imaging Systems has been a pioneer in the field of document management since 1995. Evolving with the dynamic industry of enterprise content management, Freedom offers small and large businesses alike the tools they need to streamline their business processes. Freedom provides everything a business needs to collect, capture, store and manage data of any kind. In 1995, Freedom created the first version of RICAR (Record Image Capture And Retrieval), their breakthrough document management solution.
RICAR is fully scalable and is easily modified to fit the needs of any type of business. RICAR processes and manages documents ranging from employment applications to explanation of benefits records, for customers ranging from car dealerships to clinical laboratories. RICAR is a software system that can be utilized among many fields and across every department. RICAR also provides users with a complete audit trail making regulatory compliance effortless.
For additional information please contact:
Freedom Imaging Systems
Freedom Contact page