PLANO, Texas, May 14, 2015 /PRNewswire/ -- RemitDATA Inc., a pioneer of comparative data analytics technology that brings 360-degree data transparency to the healthcare industry, announced that Scottsdale based PracticeMax selected Titan, as an Application Program Interface (API) solution to deliver revenue cycle transparency and comparative analytics to improve their clients' business operations.
"As a provider of medical practice management and technology services, our clients have diverse needs when it comes to billing, reporting and data," said Bill Carns, CEO at PracticeMax. "RemitDATA's solutions help us ensure optimal billing and reimbursement processes for our clients. Leveraging the API gives us a centralized view of all client accounts enabling us to accurately assess the health of their businesses."
A system agnostic, comparative analytics solution, TITAN allows healthcare entities to gain actionable insights through the use of benchmarking and peer comparison tools. With the flexibility to leverage APIs, TITAN allows the businesses multiple ways to access their data, delivering clear analytics that can help address issues before they impact cash flow – for themselves and their clients.
PracticeMax has also implemented ClarifyRCM, RemitDATA's subscription-based billing and reporting tool. The power of Clarify and TITAN gives PracticeMax the comparative data intelligence they need to proactively help their clients identify business opportunities and areas of improvement in revenue cycle performance. Furthermore, PracticeMax can leverage TITAN to understand and improve its own organization.
"In the healthcare industry, having the ability to simply assess your data and define actionable insights that will optimize your business while also understanding your business compared to your peers allows healthcare entities visibility and transparency of information between all parties," said Dave Ellett, CEO of RemitDATA. "Our solutions are designed to take the burden off of these businesses with tools that simplify the comparative data analytics process.
For more information on RemitDATA and its comparative data analytics solutions for healthcare organizations, visit the company's newly revamped website here.
PracticeMax is a national provider of medical practice management and technology services, including billing, software and consulting for medical practice management and clinical operations. PracticeMax's expertise and advanced information technology capabilities, including PM, EHR and HIE solutions, maximize revenue and results for hospital- and office-based physician groups, outpatient centers, health systems, ACOs, school-based professionals and billing services.
RemitDATA is a healthcare technology company that delivers healthcare's most comprehensive comparative data and analytics platform. Founded in 2000, the Memphis, Tennessee and Plano, Texas-based business strives to bring collaboration and 360-degree data transparency to all entities within the healthcare industry by delivering a range of system agnostic, comparative analytics solutions. Through the use of Application Program Interfaces (APIs), benchmarking and peer comparison tools, payers, providers and other healthcare companies will gain actionable insights to better understand their business and improve operations so they can focus on what really matters, to them. For more information, visit www.RemitDATA.com.
SOURCE RemitDATA Inc.