ATLANTA, Jan. 26 /PRNewswire-FirstCall/ -- NDCHealth Corporation , a leading provider of healthcare technology and information solutions, announced today that NDCLytec(R) 2005, its market-leading physician practice management system introduced in October 2004, has consistently scored high marks for system performance, reliability and features.
NDCLytec 2005 was introduced in October 2004 as an upgrade release designed to optimize small physician office billing and collection efforts, as well as address HIPAA security requirements that take effect in April 2005. According to third-party selling partners of NDCLytec, known as value-added resellers (VARs), the system’s functionality and quality have been key contributors to positive practitioner feedback and increased market acceptance.
Spectrum Business Systems of Ft. Lauderdale, Fla., is both a reseller and user of NDCLytec. Sherry Moss, president, Spectrum Business Systems, said that her company has sold NDCLytec since 1989, and that her 15-person billing group uses the system to process billing services for 30 physician practices throughout Florida.
“We have found the integrated electronic remittance advice component of the system to be a tremendous staff time saver,” said Moss. “We can now automatically post Medicare explanation of benefits taking a manual process of several hours down to a few minutes. That feature is a big plus, particularly here in Florida where we have a large Medicare patient population. The second biggest selling point is the strong collection module, which assists users in tracking, identifying and resolving unpaid claims through a single point of view, which helps office staff organize and automatically process information.”
According to Tammy Harrison, president of 2K Medical Billing, a Torrance, Calif.-based national reseller of NDCLytec, end users have responded to the enhanced performance found in NDCLytec 2005. “Its enhanced system speed, in combination with user ease and flexibility, has been a compelling, highly successful selling point,” said Harrison. “Those performance features, in combination with the bundled functionally of HIPAA security, accounts receivables collection tools, workflow enhancements, and integrated electronic remittance advice, have contributed to the high market acceptance of this new release.”
“By working continuously to meet the needs of healthcare providers through effective and innovative technology, we’re helping to improve the delivery of healthcare every day,” said Walter Hoff, chairman and chief executive officer, NDCHealth. “We’re pleased to hear evidence that our NDCLytec solution is delivering tremendous value to physicians in the form of improved staff resources, office efficiency and collection efforts. All of these benefits enable medical professionals to give more focus to their core mission of patient care.”
About NDCHealth Corporation
NDCHealth is a leading information solutions company serving all sectors of healthcare. Its network solutions have long been among the most prominent in the nation, automating the exchange of information among pharmacies, payers, hospitals and physicians. Its systems and information management solutions help improve operational efficiencies and business decision making for providers, retail pharmacy and pharmaceutical manufacturers. Headquartered at Atlanta, Ga., the company provides information vital to the delivery of healthcare every day. For more information, visit http://www.ndchealth.com/ . To see the complete list of NDCLytec 2005 features, visit http://www.lytec.com/ .
For more information on Spectrum Business Systems, please call (866)-254-5464. For more information on 2K Medical Billing, please visit http://www.2kmedicalbilling.net/ .
NDCHealth Corporation
CONTACT: Robin Wrinn of NDCHealth Corporation, +1-404-728-2214, orrobin.wrinn@ndchealth.com