Thomson Healthcare MercuryMD Mobile Solution Helps St. Elizabeth Medical Center Decrease Billing Cycle and Increase Revenue
Posted on: Monday, 2 April 2007, 12:00 CDT
RESEARCH TRIANGLE PARK, N.C., April 2 /PRNewswire/ -- Thomson Healthcare, the leading provider of decision support solutions that improve clinical and business performance outcomes, announced today that St. Elizabeth, a network of three hospitals in Northern Kentucky, decreased its billing cycle and increased revenue for procedures performed by its hospital staff through the use of its MercuryMD Mobile Solution with Charge Capture.
"Before we implemented Thomson Healthcare's MercuryMD Mobile Solution, physicians in our system were manually recording billing data for each procedure. Due to our high patient census, sometimes procedures were not logged at all. This resulted in both lost revenue and data entry errors," said Steve Slutsky, physician liaison, St. Elizabeth Medical Center. "Since we started using the solution we have cut our billing cycle from 14 days to one day, we have seen a 24 percent increase in patient volume and a 6.5 percent increase in revenue."
The Thomson Healthcare MercuryMD Mobile Solution delivers real-time patient clinical data to a physician's handheld device, smartphone, PDA or desktop. With it, physicians have immediate access to critical patient data, including patient census, demographics, medications and lab results. With the addition of the Charge Capture module, physicians at St. Elizabeth now record charges for procedures right on their mobile devices, reducing lost and inaccurate charges, eliminating inefficiencies and reducing the time-to-claim.
"A lot of companies promise you the world and don't deliver. The Thomson Healthcare Mercury MD solution delivered," said Jeffrey M. Pilger, MD, director of the St. Elizabeth hospitalist program. "It literally delivered patient data to the palm of my hand, allowing me to be more efficient and provide better care for my patients. That is worth the price of admission right there."
About Thomson Healthcare
Thomson Healthcare is the leading provider of integrated decision support solutions that help healthcare organizations improve clinical and business performance. Through the ability of its solutions and products to combine real-time access to patient-specific information and care recommendations with powerful benchmarking and analytics Thomson Healthcare helps its customers drive actionable results that improve profitability, growth, quality of care and patient satisfaction. Thomson Healthcare is part of The Thomson Corporation (http://www.thomson.com/), a global leader in providing integrated information solutions to more than 20 million business and professional customers in the fields of law, tax, accounting, financial services, higher education, reference information, corporate e-learning and assessment, scientific research and healthcare.
About St. Elizabeth Medical Center
St. Elizabeth Medical Center, with hospitals in Covington, Edgewood and Williamstown, Kentucky has been serving the health care needs of Northern Kentucky since its founding in 1861 and is one of the largest and most respected medical centers in Greater Cincinnati and Kentucky. HealthGrades has named St. Elizabeth a Distinguished Hospital for Clinical Excellence, placing it in the top 5% of hospitals in the nation for quality of care, for four consecutive years St. Elizabeth is nationally recognized for heart, stroke, cancer, neurology and respiratory care, as well as one of only five hospitals in the nation profiled by the Advisory Board as an outstanding work environment for nurses and winner of Greater Cincinnati's Best Place to Work.
Sponsored by the Diocese of Covington, St. Elizabeth fulfills a healing mission, providing over $27 million in uncompensated care and benefits to the community annually.
Thomson Healthcare
CONTACT: D. Nikki Wheeler, Thomson Healthcare, +1-303-486-6031,Nikki.wheeler@thomson.com
Web site: http://www.thomson.com/
Source: PRNewswire
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