Dec 10 2009
QuadraMed®
Corporation, (NASDAQ:QDHC) today announced that the Department of
Veterans Affairs has renewed its annual Task Order contract under its
existing Blanket Purchase Agreement (BPA), with a value of approximately
$24 million for the current option period. This renewal includes the
term license for QuadraMed's Encoder Product Suite (EPS), and for
related training services for all Veterans Affairs (VA) medical centers
and existing Consolidated Patient Accounting Centers (CPAC) nationwide
during the government's 2010 fiscal year (FY10). All VA medical centers
have been licensed to use QuadraMed EPS since 2005 under the current BPA.
QuadraMed EPS is a comprehensive VistA-integrated Health Information
Management (HIM) and Revenue Cycle Management solution that enables VA
medical centers to enhance workflow through efficient inpatient and
outpatient coding, compliance, claims editing and revenue-cycle
management.
"VA medical centers serve a critical role in our nation’s healthcare
delivery for our veterans. The VA's renewal for FY10, and its successful
deployment of QuadraMed technology since 2005, helps to demonstrate the
tangible value derived from our solutions. We are pleased to continue
this strong partnership and look forward to a productive 2010," said
Duncan James, QuadraMed President and CEO.
QuadraMed software solutions provide the following valuable benefits and
functionality to the VA medical center network:
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Increased data integrity and productivity through medical records
encoders
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Electronic work assignment within the VA’s HIM and billing revenue
cycle
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Communication tools that improve interdepartmental efficiency and
enhance encounter workflow
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Real-time compliance and staff productivity monitoring
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Customizable reporting for inpatient and outpatient services
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CMS 1500 and UB 04 claims scrubber
The QuadraMed EPS solution integrates key data elements through the VA's
clinical packages and its Computerized Patient Record System (CPRS) with
revenue-cycle coding and billing tools, as part of an integrated
healthcare information system.
SOURCE QuadraMed Corporation