RevenueXL, Inc., a Cupertino, Calif.-based healthcare revenue cycle management solutions, has launched a new Web site designed to help physicians save time and money in screening choices of electronic medical records and practice management vendor options.
The Web site showcases RevenueXL's knowledge as an independent EMR and PM software and global services company.
"Sadly, the cacophony has grown shriller, making the selection process acute for the physicians," said Alok Prasad, president and CEO of RevenueXL Inc."Very often the real-life experience comes at a high price, frustration, or even failure. RevenueXL's consultants have put the right pieces of the puzzle together resulting in advantages for our clients including, but not limited to, accelerating revenue cycle and increasing net revenues. RevenueXL has the expertise and can help take the 'guess' out of guesswork. This saves our clients thousands of dollars right upfront, as there is no charge for RevenueXL's assessment, proposal and free EMR software demo services."
A recent study by National Center for Health Statistics shows that although 38 percent of physicians say they used a full or partial EMR system last year, only 20 percent used systems that are considered by the center as minimally functional.
According to RevenueXL officials, this isn't surprising, since physicians are looking for ROI on the investments made in EMR implementations.
"RevenueXL provides different business models that incorporate highly secure and fully functional hosted EMR applications in an ASP mode that are not only cost-effective from a systems perspective, but also reduce the need to hire IT resources to maintain and support expensive servers," said Harsev S. Thiara, vice president of client success at RevenueXL. "We provide lower total cost of ownership solutions that don't expose our clients to unnecessary risk or to vendors requiring huge upfront investment, and we encourage 'going green' through paperless solutions."
"Our site features other informative sections about the services RevenueXL provides, including medical transcription, AR management, document indexing, denial management and patient portal," said Prasad. He also noted the site's EMR selection tips for things physicians need to know about EMR solutions before choosing a vendor and EMR implementation tips for what steps to take once physicians make their final decisions for a successful implementation and on-going operations.