NASHVILLE, Tenn., Oct. 21, 2013 /PRNewswire/ -- Emdeon Inc., a leading provider of healthcare revenue and payment cycle management and clinical information exchange solutions, today announced the introduction of full-color printing capabilities scheduled during the first quarter of 2014 to further expand the capabilities of its industry leading Emdeon Payment NetworkTM. The Emdeon Payment Network, one of the largest automated payment distribution solutions in the healthcare industry, currently facilitates both electronic and paper-based provider payments, remittance documents, member explanation of benefits (EOBs) and correspondence. As the single largest clinical, financial and administrative health information exchange in the U.S. healthcare system, Emdeon's network currently reaches approximately 500,000 providers, 81,000 dentists, 60,000 pharmacies, 5,000 hospitals, 1,200 payers and 350 labs.
"Over the last year, Emdeon has made significant investments in the Emdeon Payment Network including a new 100,000-square-foot state-of-the-art production facility dedicated to the support of the Emdeon Payment Network and the launch and rapid acceptance of our Virtual Card Services. In addition, we announced the integration of Simplicity® Settlement Services to provide payers with 1099 reporting, pre-funded virtual card payments, settlement and reconciliation functionality and provider preference-based delivery capabilities," said Gary Stuart, executive vice president of Payer Services for Emdeon.
Stuart continued, "To further support our customers, we are very excited to announce full-color print capabilities for printed communications, including explanation of benefits (EOBs), scheduled for release during the first quarter of 2014. The full-color capability will allow payers to better customize their communications to significantly improve brand awareness, messaging and overall readability. The introduction of our full-color print capabilities for printed communications is just one of several enhanced communication services slated for release in early 2014."
Emdeon is a leading provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeon's offerings integrate and automate key business and administrative functions of its payer and provider customers throughout the patient encounter. Through the use of Emdeon's comprehensive suite of solutions, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle and clinical information exchange processes. For more information, visit www.emdeon.com.
SOURCE Emdeon Inc.