FAIRFAX, Va., April 17, 2012 /PRNewswire/ -- CR Software, the world's leading collections and receivables management software supplier and The Outsource Group (TOG), a national leader in healthcare revenue cycle management, today announced the use of Titanium Healthcare as the TOG software platform for all healthcare service line processing.
Headquartered in St. Louis, Missouri with offices across the country, The Outsource Group provides their customers with best-in-class healthcare revenue cycle management services including full business process outsourcing, third party liability, worker's compensation A/R management, Medicaid eligibility, insurance resolution, physician billing and collections, self pay early-out and bad debt collections.
The Outsource Group meets the unique and specific needs of their healthcare clients by becoming a strategic extension of the business offices they serve. Focusing exclusively on providing services along the revenue cycle, TOG combines a deep knowledge of the healthcare market with specific expertise in billing, patient sensitivity, coordination of benefits and familiarity of hospital revenue cycle processes, systems and payer requirements.
Working closely with each client, TOG relies heavily on latest technologies to track the Key Performance Indicators which influence work flows and processes, giving them the ability to benchmark and improve upon industry averages. Like accounts are linked and worked together, data warehousing is optimized for reporting and analysis and integration with other systems is streamlined, following best practices and standards.
Titanium Healthcare is a state-of-the-art software solution which gives healthcare providers and revenue cycle administrators the ability to manage receivables and self-pay collections more efficiently, using specific healthcare driven tools and workflows that fundamentally speed and improve self-pay collections.
The system supports all medical entities associated to a medical encounter, including services, patient, payer, payer plan, program plan and insurance program and adheres to all HIPAA requirements. Titanium Healthcare integrates with existing financial and legacy systems, has extensive automated workflows and out-of-the-box configurable parameters that meet the needs of the healthcare provider.
"We're very excited about partnering with CR Software," said The Outsource Group CIO Mike Aufdembrink. "This illustrates our commitment to using the latest, best technologies to drive superior results. We are passionate about continually improving our processes to return profit to providers as rapidly as possible. Giving our agents the right tools to do this is a top priority, and transitioning to Titanium Healthcare gives us the tools we need," he said.
"We're pleased to be joining forces with The Outsource Group," said CR Software CEO Martin Germanis. "Titanium Healthcare gives TOG, one of the largest and fasted growing agencies in the world, specific expertise for each service line solution they offer. The workflow, scalability and flexibility complements their high, provider-focused standards, offering more patient payment and self-service options."
About CR Software
Established in 1984, CR Software has more than 27 years experience implementing collections recovery and debt management platforms, currently offering Titanium ORE and Titanium Healthcare, considered by industry experts the best open architecture platform on the market. CR Software offers the enterprise organization an enhanced set of capabilities as the basis to dramatic increases in recovery revenue, as a Commercial off the Shelf (COTS) solution with a configuration, flexibility and security unavailable from any other software provider.
About The Outsource Group
The Outsource Group is a healthcare revenue cycle management company headquartered in St. Louis, Missouri. With more than 30 years' experience in the healthcare industry, The Outsource Group works with leading healthcare providers across the country. The Outsource Group's operations centers offer clients state-of-the-art technology and analytic processes to ensure the highest rate of account resolution. The Outsource Group provides cost-effective, value-added revenue cycle solutions from a single source.
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SOURCE CR Software