ORLANDO, Fla., Feb. 24, 2016 /PRNewswire/ -- CollaborateMD (CMD), a leading provider of innovative and intelligent cloud-based revenue cycle management solutions, has delighted their customers with version 9.3.
Some of the major new features include:
- Electronic Claim Attachments
- New and Improved Patient Friendly Statements
- Enhanced Patient Locking
- Interface Tracking
More information on the new features in v9.3 can be found at http://info.collaboratemd.com/v93
The Workers Compensation Claim Attachments feature removes the slow process of mailing and allows supporting documentation to be electronically submitted to insurance companies. Newly improved Patient Friendly Statements help reduce patient receivables, thereby helping practices succeed financially.
"Having the capability to now send full-color [patient] statements, customization of the text and the verbiage within the statement, and a better explanation of charges and adjustments will allow providers and billing entities to improve the bottom line," said Dave Bungard from EMB Associates. "It will also lessen the days in receivables."
The CollaborateMD proprietary patient locking intelligence is vastly enhanced in v9.3 and allows multiple users to work on the same patient account simultaneously, thereby improving office workflow and efficiency. A new Interface Tracking feature allows users to self-diagnosis any questions that may occur when data is transmitted between CollaborateMD and the several dozen electronic healthcare record partners, reducing phone calls into CollaborateMD and letting users get claims processed quicker.
"Every day we innovate our application to improve the customer experience," said Douglas Kegler, CEO and Founder of CollaborateMD. "We will never stop improving the level of intelligence and functionality in our application. We need to continually evolve to make it better and better."
For more information on CollaborateMD, please visit http://www.collaboratemd.com
Since 1999, CollaborateMD's innovative and intelligent cloud-based revenue cycle management software solutions have contributed to the financial and operational success of medical practices and medical billing services across the country. CollaborateMD's Windows and MAC solution, with its simplicity, intelligence, phenomenal support, and 99% first pass claim rate, is used by thousands of medical providers to process over 29 billion worth in medical claims.