Concuity announces the new release of ClearContracts 9.0

Concuity, a healthcare division of Trintech (Nasdaq: TTPA) and a leading provider of Revenue Cycle Management technology and services, announced the new release of ClearContracts(TM) 9.0. Used by the largest and most sophisticated hospital systems in the U.S., ClearContracts(TM) is a web-based suite of software that enables healthcare providers to meet all of their managed care and revenue recovery goals.

Concuity's ClearContracts(TM) version 9.0 introduces a new level of sophistication and functionality in Payer Compliance and Revenue Management solutions. This new release offers customers a more immediate ROI with significant enhancements to revenue recovery management and expected reimbursement calculations. With version 9.0, clients can choose between more options to optimize the percentage payment on all contracted rate schedules. The system also introduces enhancements that streamline the ability to classify, manage, and distribute accounts for collection across any healthcare organization. Additionally, users can now expedite their month-end close with enhanced financial processing capabilities, including accrual calculations and support for Medicare Cost Reporting. ClearContracts(TM) 9.0 includes extensive user security features that support Concuity clients' desire to control and monitor user access to many functions including Documentation & Compliance, Calculation Engine Rate Schedules, Reports, and Accounts.

"We have a consistent track record of delivering the most robust revenue cycle management technology in our industry and want our clients to be able to take advantage of our deep industry experience," said Paul Byrne, President of Concuity. "ClearContracts(TM) 9.0 provides a dramatic increase in functionality, enabling healthcare providers to grow their bottom line, facilitate the month-end closing process, and address the growing trend of estimating patient liability."