DENVER, Aug. 7, 2015 /PRNewswire/ -- Recondo Technology (Recondo), the leading provider of cloud-based revenue cycle connectivity and applications, is proud to announce that its EmpoweredPatientAccess™ suite was highlighted in the "KLAS 2015 Midterm Performance Review: Software & Services Report" as tying for the greatest score improvement year-to-date in 2015.
Recondo's patient access solution's score of 80.7 improved by 15 percent since the "2014 Best in KLAS: Software and Services Report" published earlier this year by KLAS.
According to the KLAS mid-term report, all performance scores were compiled from the feedback of thousands of healthcare providers at physician offices, clinics, hospitals and integrated delivery networks throughout the United States and Canada. Recondo's EmpoweredPatientAccess solution was also given high marks in Konfidence Level, which denotes the number of unique provider organizations that provided feedback on the solution to KLAS.
Hundreds of US hospitals rely on the Recondo suite of Patient Access solutions to deliver the industry's most complete and current answers on patient coverage, liability, and demographics, plus real-time authorization requirements and status. Like the rest of Recondo's revenue cycle solutions, Patient Access leverages the company's patented Reconbot® technology, which takes the revenue cycle to the next level by automatically querying payer websites and then retrieving, normalizing and presenting critical information about eligibility, authorization and claim status.
"Our clients' success and satisfaction is the fundamental way we measure our effectiveness and we appreciate KLAS's independent review of our clients' satisfaction in utilizing and deriving value from our patient access suite," said Jay Deady, CEO of Recondo. Deady assumed the chief executive role in November 2014 and quickly made improved customer service and predictable, high-quality product development his top priorities. "It's rewarding to receive third-party validation that our commitment, hard work and relentless focus on serving our customers' needs is having a significant impact."
The KLAS 2015 Midterm Performance Review: Software & Services Report report is available at klasresearch.com/reports.
KLAS is a research and insights firm on a global mission to improve healthcare delivery by amplifying the provider's voice. Working with thousands of healthcare professionals and clinicians, KLAS gathers data and insights on software, services, and medical equipment to deliver timely reports, trends and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at www.twitter.com/KLASresearch.
About Recondo Technology
Recondo's cloud-based solutions deliver financial clarity to all participants within the healthcare revenue cycle. Named the No. 1 hottest company in healthcare by Modern Healthcare in 2013 and a Cool Vendor for Healthcare Providers 2015 by Gartner, Recondo empowers more than 900 hospitals and health systems with solutions that connect providers with over 90% of the nation's payers and their patients to ensure proper and accelerated payments across the care continuum. The company's software and expertise streamline operations and achieve efficiencies and cost savings from patient access through claim status to payment processing—a continuum today where inaccuracy and inefficiencies currently cost U.S. healthcare a staggering $480 billion per year. Visit us at www.recondotech.com.
For more information, contact:
Amendola Communications for Recondo
SOURCE Recondo Technology