GHN-Online Launches Coding Validation Product to Enhance Healthcare Billing

4/1/2009 Dallas, TX –Integrated Clinical Edit Engine Reduces Client Denial Rates and Prevents Fraudulent Coding

Dallas, TX — April 1, 2009 — GHN-Online®, the healthcare industry’s leading provider of real-time, revenue cycle management solutions, today announced an enhanced version of Visum™, which features an integrated clinical edit engine for coding compliance and medical necessity validation. Visum is the GHN-Online solution for revenue cycle management, offering ASCs, hospitals, and labs enhanced claim analytics to maximize and accelerate revenue recovery. Visum with coding validation will help healthcare providers increase collected revenue, reduce claim denials, eliminate claims rework, shorten A/R cycles, and prepare for auto-adjudication.

“More than 40% of payment denials are due to coding errors,” said Azadeh Farahmand, president and CEO of GHN-Online, “that’s a huge chunk of money left on the table and Visum’s new clinical coding validation enables ASCs, labs, and hospitals to recoup that money and accelerate cash flow. We believe that Visum distinguishes itself as the healthcare billing industry’s leading revenue cycle management solution with a bank of real-time coding intelligence for billers and coders of all skill levels to leverage and maximize revenue.”

Reducing Client Denial Rates Eliminates Delayed Revenue - Accelerates Cash Flow

The new Visum’s clinical code content library, coupled with business algorithms, provides billing departments with physician- and procedure-specific market data before submissions, resulting in immediate, real-time correction of bad code. Therefore, billing departments can effectively eliminate claims rework, resubmissions, errors, and guesswork. Additionally, research time is minimized while delayed revenue and reimbursement are eliminated.

Streamlining the revenue cycle and optimizing the payment cycle for more accurate claims payment, Visum’s integrated solution includes the following edits:
ICD-9
CPT
CCI
Modifier
NCD/LMRP
PQRI
Associated Procedure Edits
RVU Calculations

About GHN-Online, Inc.

GHN-Online, Inc., healthcare’s leading provider of real-time claims management and end-to-end transaction processing solutions, delivered the industry’s first Internet-based preadjudicated claims management tools. HIPAA-compliant and enterprise-class, GHN offers the simplest and fastest claims-to-cash solution, anywhere™. With an open architecture that easily integrates all stakeholders in the healthcare reimbursement model, GHN solutions drive a 100% claims acceptance rate. GHN’s intuitive and format-agnostic capabilities enable instantaneous, complete and accurate electronic claims transactions for thousands of healthcare payers and providers throughout North America. Founded in 1999, GHN-Online is headquartered in Dallas, Texas.

For further information contact info@ghnonline.com or call 214.696.5717. URL: www.ghnonline.com.

PR Contact: Jacquelyn Thrasivoulos, GHN-Online, 508.881.3109, jthrasi@ghnonline.com

About GHN-Online
GHN-Online, Inc., based in Dallas, Texas, is the industry innovator in online enterprise class healthcare transaction processing. Using GHN-Online's network and web-based technology, providers can interface and send claims for processing, correct claims rejections online, take administrative advantage of the industry's first payer/provider claims repository, receive payment acknowledgement, and use the real-time online-eligibility service. GHN-Online's services and innovations are described in its Web site, www.ghnonline.com.