DALLAS, April 6 /PRNewswire/ -- XactiMed, a provider of a web-based claims processing, remittance and denial management revenue cycle solution to the healthcare industry, today announced that the District of Columbia Government will use its billing and claims management solution to manage its Medicaid billing for the Child and Family Services Agency (CFSA).
"XactiMed's electronic claims processing and claims management product is appealing because it is user friendly and it's web-based, which makes for a simplified implementation process," said Brian Wilbon, the District of Columbia Government's Director of Medicaid Operations Reform. "We are moving from an outsourced approach to an in-house claims processing system, and XactiMed met our specifications regarding this change. All of XactiMed's applications are HIPAA compliant, and that was also a deciding factor in selecting XactiMed. We are eager to implement XactiMed's solution in CFSA and other agencies soon thereafter to further improve the District's Medicaid reimbursement returns."
Darin LeGrange, XactiMed's President and Chief Executive Officer, said, "We believe that our solution is making significant strides in changing the way claims are electronically processed and managed, and we firmly believe that our solution will help the Government of the District of Columbia establish an efficient, accurate and financially enhanced billing cycle. We look forward to a successful and mutually beneficial relationship with the District of Columbia Government."
About XactiMed
XactiMed provides web-based revenue cycle solutions and outsourcing services to the healthcare industry. XactiMed's claims, remittance and denial management solutions improve efficiency and effectiveness across the revenue cycle resulting in improved financial performance for the hospitals we serve. Based in Dallas, Texas, XactiMed was founded by DT Nguyen in 1998. XactiMed is a private company backed by Buena Venture Associates, L.P., an investment fund founded by Sid R. Bass, and Lee M. Bass Inc., of Fort Worth, Texas.
Contact Us
For more information on XactiMed and its advanced revenue cycle solutions for the healthcare industry, please contact Jon Meehan (214) 382-3503 or jmeehan@xactimed.com . You can also visit the XactiMed Web site at http://www.xactimed.com/ .
XactiMedCONTACT: Jon Meehan of XactiMed, +1-214-382-3503, orjmeehan@xactimed.com
Web site: http://www.xactimed.com/
