Archive for the ‘Patient Access Solutions Inc. PASO’ Category

Patient Access Solutions, Inc. (PASO) Offers Transformative Cost Savings

Wednesday, August 31st, 2011

One of the long standing rules of business is that profit is made on the pennies. If every day you can come up with a new efficiency, however small, it isn’t long before your business is made up of a thousand hidden ideas driving your operation forward. Major efficiencies, on the other hand, are seldom hidden for long. Transformative technologies, for example, move whole industries, and soon become the standard for the most successful companies.

In the healthcare industry, insurance eligibility is the key to revenue, and its efficient processing and administration is the key to cost reduction and profit. According to the Healthcare Financial Management Association, the automation of insurance verification processes significantly reduces associated administrative costs, by up to 50%. That’s hardly a surprise, given the well-known time and money that is regularly lost to benefit eligibility verification. The traditional procedures go something like this:

- The patient’s insurance cards are photocopied.
- Someone then calls the insurance company’s 800 number to verify eligibility status.
- The caller takes whatever time is needed to deal with long waits or busy signals.
- Once patient status is verified, the data is then usually manually transcribed.

The process also affects the insurance company’s costs, since they have to pay staffers to provide the requested information on a nationwide time schedule.

Patient Access Solutions (PASHealth) is now meeting this widespread market need through the use of a POS terminal and web portal that allows the payer’s office to quickly access needed information via a swipe card or quick data entry. The result is a complete printout verifying coverage and providing all related information, such as co-pay, deductible, and primary care physician, all in as little as 20 seconds. The company already has 450 major insurance companies signed up.

For additional information, visit the company’s website at www.PASHealth.com

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Visiting Nurse Service of NY Affiliate Engages Patient Access Solutions, Inc. (PASO)

Thursday, August 25th, 2011

Patient Access Solutions, Inc., a leading provider of information technology solutions for the healthcare industry, announced that Partners in Care, an affiliate of the Visiting Nurse Service of New York, has engaged the company for its Mobipen solution. For more than twenty-five years, Partners in Care has provided certified home health aides and private-duty nurses who are experienced, compassionate, reliable, and highly attentive to the individuals in their care. Employing more than 8,100 home health aides, RN’s and LPN’s, Partners in Care is accredited by the Community Health Accreditation Program (CHAP) and licensed by the New York State Department of Health.

The solution, based on PASHealth’s proprietary home healthcare Mobipen digital pen application, will pilot over the next week with key cluster homes in the Partners in Care organization and expand to other licensed users. Stage I of the plan in place could include as many as 300 users, generating over $750,000.00 in income to the company. Field workers will be able to process paperwork in their usual work flow, while simultaneously digitally transferring the information back to the Partners in Care main office using the robust form capture infrastructure to interface patient data and caregiver digital note application.

Bruce Weitzberg, CEO and President of Patient Access Solutions, stated “We look forward to implementing our application with such a fine organization to help increase efficiency and reporting needs of Partners in Care. The advantages of streamlining the client’s paper process while improving productivity and providing an operational cost savings were obvious to our client and will provide them the flexibility to focus on and improve patient care.”

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Patient Access Solutions, Inc. (PASO) Removes a Healthcare Headache

Monday, August 22nd, 2011

Claims processing is one of healthcare’s traditional headaches, primarily because of the time and inefficiencies inherent in all the paper handling associated with processing a claim, along with the detailed filing required by the HCFA (Health Care Finance Administration) which oversees the administration of Medicare and Medicaid. Although the electronic processing of claims now dominates the industry, and has saved countless hours and dollars, it still requires submission processing and verification of a “clean” claim.

Patient Access Solutions addresses the problem by providing a claims handling system that automates the most troublesome aspects of the process. The PASHealth Web Portal Claims System can operate either as a stand-alone claims processing system, or an integrated element of the provider’s Practice Management System. However it is set up, the claim is instantly transmitted to the PASHealth network servers, where it is thoroughly and automatically verified, and then sent directly to the insurance carrier for reimbursement. The entire transaction is paperless, takes less than a minute, and allows the access of daily and monthly transaction reports.

To the provider, it means instant claim status response, and less time calling payers and holding on the telephone. All responses are printable and easy to read, simplifying billing and collections. The bottom line is reduced time and costs.

It’s just one of the company’s healthcare support offerings designed to increase the efficiency of the total healthcare administrative process. In addition, their Electronic Medical Record (EMR) system allows the easy management of all patient information, including in-house or remote access. And their D-PAS digital pen and paper technology allows the instant capturing and digitizing of handwritten patient forms. Taken as a package, the PASHealth solution represents a major advance in healthcare administration, and supports the company’s position as an up-and-coming industry player.

For additional information, visit the company’s website at www.PASHealth.com

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Patient Access Solutions, Inc. (PASO) Offers “Write” Answer to Healthcare Industry

Monday, August 15th, 2011

Like most aspects of modern life, the healthcare industry depends upon the ability to efficiently gather, process, and protect information. In a tight-margin environment, the ability to acquire necessary data quickly and accurately can mean the difference between success and financial failure.

In many industries, sophisticated data links are set up between client and supplier operations, ensuring smooth and effective data flow, with minimal human intervention. However, because of the unique customer-interface nature of the healthcare industry, handwritten documents still serve as the best way to capture patient information. This often requires transcription and manual database entry, and can also involve document scanning. As a result, it can be the most time consuming and error prone link in healthcare administration. The question becomes how to maintain the simplicity and other time-proven benefits of pen and paper entry while streamlining the whole process to save time and money.

Patient Access Solutions, Inc. offers D-PAS (Digital Paper Access Solutions) as the answer. D-PAS utilizes an advanced digital pen and paper approach, based upon Anoto Digital Pen Technology, to accurately detect and digitally capture handwritten information, allowing it to be instantly and securely transmitted into a patient database with no additional work. The simple pen and paper experience is maintained, while the associated time and costs are instantly eliminated.

The thin, light, and highly durable electronic pen writes just like any other pen, but includes a high-tech camera that records pen strokes, 75 times every second, into the pen’s memory, storing up to 200 pages. The system can be used for checkboxes, text fields, and even graphic based notations.

The gains for the user go beyond time and cost savings:

• No data misinterpretation
• No technology barrier with clients
• User-friendly unattached pen works like every other pen
• Data automatically integrates with back-end software

For additional information, visit the company’s website at www.PASHealth.com

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Patient Access Solutions, Inc. (PASO) Shaking Up Healthcare Administration

Tuesday, August 9th, 2011

Patient Access Solutions, Inc., or PASHealth, is an emerging provider of healthcare/financial processing technologies, aimed at revolutionizing the traditional handling of healthcare information. The company’s mission is based on the conviction that the business of medicine has overwhelmed the practice of medicine.

To this end, PASHealth has developed a sophisticated array of information processing technologies and partners, providing healthcare industry business solutions unavailable elsewhere. Targeting physicians, hospitals, medical centers, clinics, and insurance payers, the PASHealth Web Portal System, including digital writing capabilities, is a comprehensive healthcare transaction processing system, offering superior efficiencies while reducing operational costs.

The driving force behind the enterprise is a combination of healthcare and financial processing talent that comprises the management team.

• Bruce Weitzberg (President, CEO) has over 17 years of healthcare industry experience, in addition to extensive sales and sales management experience, including healthcare administration, patient access, and revenue cycle management. He is a former chairperson for a number of sub-committees for the recently formed CORE (Committee on Operating Rules for Information Exchange) operated by CAQH.

• Jerald DeSocio (Corporate Counsel) is from the DeSocio & Fuccio law firm, which specializes in the healthcare industry. The firm represents single practitioners, group practices, and hospitals, and emphasizes contract negotiations and a full range of healthcare associated relationship agreements.

• Robert Linzalone (Executive VP) has over 20 years of experience in corporate management, including transaction processing solutions for healthcare and financial systems. Prior to PASHealth, he was Director of Operations for MedCom USA.

• Gregory Kanetis, MPA, (VP Sales & Marketing) has over 25 years of management experience, and a Master’s Degree in Healthcare Administration. He specializes in strategic planning, productivity improvement, negotiations, and strategic alliances.

• Justine Higgins (Director of Merchant Services) has extensive experience in merchant processing (credit/debit cards), along with a keen understanding of interchange, credit card efficiencies, and client relations.

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Patient Access Solutions, Inc. (PASO) Secures $5 Million in Growth Capital

Tuesday, August 2nd, 2011

Patient Access Solutions, Inc. today announced that the company has secured $5,000,000 in financing for increasing the sales force, systems improvements, software development, expansion of trade show participation and other advertising, increasing working capital and general corporate purposes.

Bruce Weitzberg, CEO and President of Patient Access Solutions, stated, “We believe that this financing gives us the financial resources necessary to meet our ambitious goals of rapidly accelerating sales and earnings growth.”

A healthcare solutions company focused on advancing the healthcare information technology industry, Patient Access Solutions, Inc. has created an array of technology, resources and allies to become an agent of major change in what has traditionally been a slowly evolving healthcare environment. The company is dedicated to quality and service within the healthcare community, with an overall focus of using innovative and secure technology to facilitate their client’s needs.

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Patient Access Solutions, Inc. (PASO) is “One to Watch”

Monday, August 1st, 2011

Patient Access Solutions, Inc. is a healthcare solutions company focused on advancing the healthcare information technology industry. The company has created an array of technology, resources and allies to become an agent of major change in what has traditionally been a slowly evolving healthcare environment.

Patient Access Solutions is dedicated to quality and service within the healthcare community, with an overall focus of using innovative and secure technology to facilitate their client’s needs. Recognizing the many opportunities within the healthcare industry to capture data and complete transactions electronically, the company began to apply its technology knowledge in this marketplace.

The company’s D-PAS technology enables healthcare organizations to streamline and digitalize day-to-day paperwork processes without disrupting the simplicity of using ordinary pen and paper. All the information written is captured electronically, transmitted to a central processing server via the Internet and made available to back office and document management systems immediately.

In addition to D-PAS and other solutions, the company has also been working with partners for a coordinated release and the support of an Electronic Medical Records (EMR) product. Through a national marketing program involving two independent medical sales organizations, the company projects generating sales of approximately $8.4MM in FY2012, with 1,800 units sold this year.

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