Accounts Receivable Management Featured Article

ZirMed Acquires TransEngen's Solutions

April 14, 2014

ZirMed, a health information connectivity and management solutions company, recently completed the acquisition of a payment processing, patient eligibility and patient estimation business solutions owned by TransEngen Inc., a company located in Shelton, Conn. The solutions acquired by ZirMed feature practice management systems, expanded HIPAA- and PCI (News - Alert)-compliant patient online bill pay capabilities, and a unique patient responsibility calculator.

"The acquisition of these solutions complements and expands upon our comprehensive revenue cycle management platform, beginning at pre-visit with mobile patient engagement, and ending with reconciliation of patient and payer payment," said Tom Butts, chairman and CEO at ZirMed.

"Healthcare is changing rapidly, with increasing patient financial responsibility and changing payment models, driving the need for more flexible software solutions to manage revenue cycle performance. The acquisition of these TransEngen solutions immediately strengthens our ability to deliver a more robust solution to our clients, and will support our – and our clients' – continued growth."

ZirMed offers health information connectivity and management solutions to modernize critical connections between providers, patients, and payers to improve the business and process of healthcare. The company’s technology and client support has been recognized with awards from KLAS, Healthcare Informatics, Best of SaaS (News - Alert) Showplace (BoSS), and Black Book Rankings.

Last year, they launched ZirMed Patient Estimation, a web-based solution that enables provider organizations to accurately determine a patient's financial responsibility prior to providing service or care. Patient estimation is a critical best practice that enables provider organizations to get paid faster and more accurately, while reducing days in A/R and ultimately improving cash flow.




Edited by Stefania Viscusi

Article comments powered by Disqus

Related Accounts Receivable Management Articles

Leading Global Engineering Firm Deploys Kofax Solution

A leading global engineering firm based in Europe has selected Kofax solutions to automate its accounts payable. [ Read More ]
07/30/2014

Krones AG Selects Invoiceware International to Implement Electronic Invoicing Compliance in Brazil

Brazilian regulatory compliance laws are changing, with the hard-copy nota fiscal (invoice) that companies have traditionally used being replaced by its electronic counterpart-the Nota Fiscal Eletronica (NF-e). [ Read More ]
07/28/2014

Accenture Recognized as Leader in the Field

Accenture, global management consulting, technology services and outsourcing company, has recently been positioned as a Leader according to Gartner's Magic Quadrant for Finance and Accounting BPO. [ Read More ]
07/28/2014

LocateSmarter Reveals Features of New Online Skip Tracing Application

LocateSmarter, LLC, a new online batch skip tracing application has recently announced its patent-pending features. LocateSmarter is a subsidiary of CBE Companies, founded in 2012 as a Business-Process-as-a-Service (BPaaS) company. It works to improve efficiency of batch skip tracing by sending your records to several data providers at once-with LocateSmarter you can send your files to one centralized location and receive information from multiple sources. [ Read More ]
07/23/2014
FREE Accounts Receivable Management enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!