Thomson Healthcare Announces Charge Capture for BlackBerry Smartphones
February 25 2008 - 9:00AM
PR Newswire (US)
Physicians Benefit from Time Savings and Accuracy in Coding and
Billing STAMFORD, Conn., Feb. 25 /PRNewswire-FirstCall/ -- Thomson
Healthcare (NYSE: TOC; TSX: TOC) announced today that it is
extending support of its Clinical Xpert Navigator Charge Capture
solution to BlackBerry(R) smartphones from Research In Motion. More
than 31 percent(1) of physicians use smartphones in their practice.
By using Charge Capture on a smartphone, the average physician can
trim 20 minutes per day(2) in the time spent recording and managing
charges. "We deployed Clinical Xpert Navigator because of its
support for BlackBerry smartphones," said Mike Hibbard, vice
president of clinical informatics at Mercy Health Partners in
Cincinnati, Ohio. "By offering BlackBerry support with Charge
Capture, Thomson Healthcare is bringing value to more physicians
and hospitals. Clinical Xpert Navigator continues to be a great
solution." With Charge Capture, physicians can capture diagnosis
and charge codes on their mobile devices and transmit that data
back to a secure Web portal for integration with their physician
practice or hospital billing system -- helping hospitals recover
millions of dollars in lost charges. "By some estimates, revenue
cycle losses, like the inability to record charges, can total as
much as 5 percent of annual revenues for the average hospital,"
said Terry Cameron, executive vice president, Thomson Healthcare.
"For a hospital with $400 million in revenues, that could mean a
loss of $20 million a year. The customers that use our Clinical
Xpert Navigator solution with Charge Capture are experiencing the
opposite of that. We have one customer that told us they realized
$280,000 -- an 8 percent increase in revenue -- in three months due
to the consistent recording of procedure data with Charge Capture."
The Charge Capture module allows physicians on rounds to capture
and submit charges to their practice or unit billing department
from their mobile device, increasing overall revenue capture while
decreasing revenue cycle time. "The healthcare industry continues
to embrace mobile technology, and solutions such as Charge Capture
on BlackBerry smartphones are providing incredible benefits to both
physicians and hospitals," said Jeff McDowell, vice president,
Global Alliances, Research In Motion. "We are very pleased that
Thomson Healthcare is expanding its support for the BlackBerry
platform." About Thomson Healthcare: Thomson Healthcare is the
leading provider of decision support solutions that help
organizations across the healthcare industry improve clinical and
business performance. Thomson Healthcare products and services help
clinicians, hospitals, employers, health plans, government
agencies, and pharmaceutical companies understand healthcare
markets, access medical and drug information, manage costs, and
improve the quality of healthcare. Thomson Healthcare is a part of
The Thomson Corporation, a provider of value-added information,
software tools and applications to professionals in the fields of
healthcare, law, tax, accounting, scientific research, and
financial services. The Corporation's common shares are listed on
the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC). For
more information, visit http://www.thomsonhealthcare.com/. The
BlackBerry and RIM families of related marks, images and symbols
are the exclusive properties and trademarks of Research In Motion
Limited. RIM assumes no liability and makes no representation,
warranty or guarantee in relation to third party products or
services. (1) Terry, Ken. "Doctors are getting more tech savvy
while EHRs remain uncommon, physicians are taking advantage of many
new devices and media, our survey shows." Medical Economics 2 Aug.
2007 (2) Anderson, Howard J. "Capturing all the charges." Health
Data Management 4 Oct. 2007 DATASOURCE: Thomson Healthcare CONTACT:
D. Nikki Wheeler, Sr. Market Manager, External Relations of Thomson
Healthcare, +1-303-486-9031, Web site:
http://www.thomsonhealthcare.com/
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