Jun 8 2010
RealMed Corporation, a leading provider of web-based revenue cycle management solutions for healthcare providers, hospitals, and payers, today announced a multi-year agreement with MED3OOO, a national leader in providing advanced healthcare management and technologies to physicians. RealMed will provide secure, Internet-based, real-time adjudication and processing of electronic claims transactions, real-time claims editing, automatic claims status and electronic remittance advice management. Through its advanced applications, RealMed will allow MED3OOO and its customers' practices to increase their systems workflow, quality, and timeliness, and to maximize revenue.
RealMed Senior Vice President, Scott Herbst, welcomed MED3OOO to RealMed's growing list of large national clients. "We are excited to partner with MED3OOO, which has long been a leader in healthcare management and technology products and services. MED3OOO's evaluation involved an extensive review of RealMed's technical capabilities and ability to support MED3OOO's ongoing efforts to bring additional solutions to their customers. The selection by MED3OOO reinforces RealMed's reputation of delivering innovative products to meet the needs of the country's most forward thinking and sophisticated healthcare organizations. We are committed to drive greater efficiencies into MED3OOO and its customers' payment processes."
"RealMed's client-service record, partnership mentality, flexibility, and revenue cycle management application made them an ideal partner, supporting our decision to select RealMed as our national 'vendor of choice,'" said Eric Sellers, MED3OOO's Senior Vice President of Technology Services. "Integrating RealMed with our service offerings will result in significantly faster payment to our customers with less administrative burden. As physicians struggle with declining reimbursement and increased regulations, these are exactly the types of efficiencies that MED3OOO is committed to delivering to our customers."