Mar 30 2010
A-Life Medical, Inc., the pioneer and leading provider of
computer-assisted coding (CAC) products and services to the healthcare
industry, announced today the renewal of an extensive contract with
Associated Billing Services, Inc. Associated Billing Services provides
medical billing and accounts receivable management services throughout
Arizona. The company has worked with A-Life Medical for four years.
“We have built a long-standing relationship with A-Life based on the
benefits of the company's patented NLP technology. Its accuracy rate and
ability to appropriately code quickly, seamlessly and efficiently, has
helped us to significantly reduce turnaround time‚ labor costs and
accounts receivable days of services outstanding”
Under the renewed agreement, A-Life Medical will provide CAC services
that directly address radiology procedures. A-Life's CAC offerings are
provided through its Actus Application Suite, a computerized coding and
workflow management product that leverages A-Life's proprietary and
patented technology, LifeCode®. The combination of Actus and LifeCode
can increase coder productivity by up to 300 percent through improved
coding workflow efficiencies, code consistency and traceability for
compliance. A-Life's LifeCode technology significantly improves
physician and hospital reimbursement through automating the medical
coding process.
"We have built a long-standing relationship with A-Life based on the
benefits of the company's patented NLP technology. Its accuracy rate and
ability to appropriately code quickly, seamlessly and efficiently, has
helped us to significantly reduce turnaround time‚ labor costs and
accounts receivable days of services outstanding," noted Matthew Frick,
vice president at Associated Billing Services.
"In addition, A-Life's solutions offer reliable‚ accurate coding of
outpatient records, which has allowed us to vastly improve our coder
productivity and streamline the overall workflow processes. We look
forward to continuing to work with A-Life Medical and to reaping the
cost-savings benefits and efficiencies this relationship affords our
business and operations," Frick concluded.
David Byrd, vice president of business development at A-Life, added:
"During the four years that we have been working with Associated Billing
Services, we have delivered results that have helped the company become
a more efficient and productive billing entity. Associated Billing
Services ranks among the nation's top billing organizations, based on
its expertise and ability to code quickly and efficiently on behalf of
its clients. A-Life is pleased to be part of Associated Billing
Services' success in achieving this leadership position. We are excited
about continuing our work with ABS and helping to realize better
turnaround times and lower operational costs."