Technology | February 02, 2009

GE Launches Centricity Financial Management Upgrade

February 2, 2009 – GE Healthcare IT launched of Centricity Electronic Data Interchange (EDI) Services version 5.2, a significant release which introduces new efficiencies in the healthcare claims and payments process, providing tools to help customers track key indicators of financial health

The new version of EDI Services offers physician practices the increased ability to receive proactive notification of payer issues, powerful reports to help practices identify the root causes of claim submission issues and new tools to monitor overall practice performance.

Centricity EDI Services brings together central financial management tools with the GE Healthcare all-payer claims gateway to give physician offices greater control of the revenue cycle. New reports in Centricity EDI Services version 5.2 include “warning reports” which indicate charges that are currently being processed and paid without problems, but which may be affected by pending changes to payer rules. To provide this report, GE Healthcare reaches out to payers to understand changes that could affect customer payments, allowing the customer to focus on any steps they might need to take to prepare for the new rules before they come into effect.

Washington University Physicians, the third largest clinical practice in the U.S., is a beta site for version 5.2. “One of the things we appreciate the most about GE’s EDI Services is the proactive monitoring, which helped increase the number of clean claims we sent out the door,” said Connie Belcher, claims manager, Washington University Physicians. “We can pull up the new Rejection Trending report for an at-a-glance view of the errors that can contribute to claims rejection issues for our practices. This helps us understand the source of these problems so we can address them up front, and also allows us to track the effectiveness of process changes.”

Centricity EDI Services is a completely web-based solution, so there is no upgrade or service pack installation process for current customers.

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