Interest in Patient Accounting Product Data Up Nearly 200%, Signals Providers Have Refocused Energy in Revenue Cycle

    OREM, UT, April 25, 2013 /24-7PressRelease/ -- The dramatic increase in interest in patient accounting performance data indicates that many providers are ramping up their search for a go-forward strategy. This appears to be the fulfillment of the prediction made in the KLAS 2011 patient accounting report, in which more than 50% of providers interviewed said they would replace their patient accounting systems within 5 years. This and other insights can be found in the KLAS report entitled Patient Accounting 2013: Is Revenue Cycle the Next Big Investment?

With the foundational elements of meaningful use and ICD-10 transition efforts well underway, providers are now looking to optimize their revenue cycle and prepare for an accountable care billing environment. At the heart of their decision, many providers want to know which vendors can align with their long-term integration goals.

"Many providers are trying to figure out which vendors make the most sense for them long term," said Mike Smith, VP of financial research and report author. "The insights in this report will be really helpful for those providers trying to make the connection between their existing systems and which vendors can help them get to the next level."

The report covers differentiation between the leading patient accounting vendors. The vendors rated in this report include Allscripts, Cerner, Epic, GE, McKesson, MEDITECH, QuadraMed, and Siemens. To learn more about the patient accounting vendors and the findings in this study, check out the full report, Patient Accounting 2013: Is Revenue Cycle the Next Big Investment? This report is available to healthcare providers at a significant discount. To purchase, visit www.KLASresearch.com/KLASreports.

About KLAS
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare executives and clinicians, KLAS gathers data on software, services, medical equipment, and infrastructure systems to deliver timely reports, trends, and statistical overviews. This research directly represents the provider voice and acts as a catalyst for improving vendor performance. KLAS was founded in 1996, and KLAS' staff and advisory board members average 25 years of healthcare information technology experience. For more information, go to www.KLASresearch.com, email [email protected], or call 1 (800) 920-4109 to speak with a KLAS representative. Follow KLAS on Twitter @ KLASresearch.

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