Capario is Recognized for Exercising Due Diligence in Preparing for the Implementation of 5010 by January 1, 2012
SANTA ANA, Calif.--(BUSINESS WIRE)-- Capario, a leading provider of revenue cycle management solutions that connect healthcare payers and providers nationwide, today announced it has been recognized by the Electronic Healthcare Network Accreditation Commission (EHNAC), a non-profit standards development organization and accrediting body, for achieving all requirements of the EHNAC 5010 Readiness Assessment Program.
In order to fulfill these requirements, Capario met planning and preparation activities consistent with the Centers for Medicare and Medicaid Services (CMS) guidelines for analysis, testing and implementation of the 5010 version of the Health Insurance Portability and Accountability Act (HIPAA) transactions.
Capario supplied documentation to EHNAC demonstrating readiness in the following areas:
- Gap analysis
- System impact analysis
- Business process impact analysis
- Project plan
- Timeline for implementation
- Testing plans
- Implementation plan
- Contingency plan
“We are committed to providing our clients the tools and support needed to ensure they have a smooth transition to the ANSI 5010 format and this recognition by EHNAC validates our preliminary efforts,” says Jim Riley, president of Capario. “Capario will allow our customers to mitigate deadlines by handling the translation into and out of the 5010 format as needed ensuring their compliance.”
To learn more about Capario’s leading efforts in 5010 readiness, visit www.capario.com.
About Capario
For more than 20 years, Capario has provided industry-leading technology solutions to help providers get paid more quickly and more accurately. Capario operates a single, nationwide, real-time, open network that powers its revenue cycle management solutions. Capario has connectivity to more than 4,000 payers and is directly connected to more than 72,000 providers and an additional 158,000 providers via vendor partners. Based in Santa Ana, Calif., Capario is accredited by the Electronic Healthcare Network Accreditation Commission (EHNAC) and the CAQH® Committee on Operating Rules for Information Exchange (CORE®) for Phases I and II. Capario is a privately held company owned by Marlin Equity Partners. To learn more, visit www.capario.com.
About Marlin Equity Partners
Marlin Equity Partners is a Los Angeles, California-based private investment firm with over $1 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs in special situations. Marlin invests in businesses across multiple industries that are in the process of undergoing varying degrees of operational, financial or market-driven change where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company's outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 30 acquisitions. For more information, please visit www.marlinequity.com.
About EHNAC
The Electronic Healthcare Network Accreditation Commission (EHNAC) is a voluntary, self-governing standards development organization (SDO) established to develop standard criteria and accredit organizations that electronically exchange healthcare data. These entities include electronic health networks, payers, financial services firms, health information exchanges and e-prescribing solution providers.
EHNAC was founded in 1993 and is a tax-exempt 501(c)(6) nonprofit organization. Guided by peer evaluation, the EHNAC accreditation process promotes quality service, innovation, cooperation and open competition in healthcare. To learn more, visit www.ehnac.org or contact [email protected].
CONTACT:
For Capario
Dodge Communications
Leslie Kirk, 770-576-2576
[email protected]
KEYWORDS: United States North America California
INDUSTRY KEYWORDS: Technology Software Health Other Health Professional Services Finance Insurance
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