bflow® Public Relations
InstaMed Public Relations
bflow® solutions Partners with InstaMed to Streamline Healthcare Payments with Integrated Clearinghouse Solutions
PHILADELPHIA, PA (August, 2014) – Dynamic Healthcare Software, Inc. (DHS) has partnered with InstaMed, the leading Healthcare Payments Network, to offer integrated healthcare clearinghouse solutions in its bflow® 3, a cloud-based billing and compliance management business platform. Bflow® enables providers to streamline patient eligibility verification and claim status inquiry with one click, and manage claims and remittances in real-time or batch. As a result, providers receive payments sooner, while spending less money and time to prepare, process and collect.
By integrating InstaMed healthcare clearinghouse solutions within bflow® 3, providers access easy-to-read eligibility details from the largest payer eligibility network, submit cleaner claims with pre-submission edits and manage claim rejections in real-time without leaving bflow®. Additionally, providers receive electronic remittances that post automatically to their bflow® system, and access real-time reporting on all claim and payment details on InstaMed’s cloud-based network.
“The process to verify eligibility, submit claims and reconcile remittances is very complicated, involving multiple steps, systems and transactions,” says Eric R. Williams, President and COO of bflow®. “This strategic partnership with InstaMed enables us to simplify these processes for our providers by enhancing the bflow® system with “one click” integration of InstaMed clearinghouse solutions.”
“Administrative costs consume about 20 cents of every dollar spent in the healthcare industry, which includes the time and money associated with processing healthcare clearinghouse transactions,” said Bill Marvin, President and CEO of InstaMed. “Using InstaMed to streamline the healthcare payments process will significantly reduce these costs, and with integration into bflow®, Dynamic Healthcare providers have the opportunity to further simplify their workflow within their existing system.”
bflow® business and compliance management platform is a better way to bill, remain compliant and grow revenue for HME business owners. Dynamic Healthcare Software, Inc. is approved by National Government Services, Inc. CEDI as a clearinghouse, billing service and software vendor; recommended by professional medical billing specialists, accreditation surveyors and ISO 9001 auditors. Visit bflow® on the web at https://www.bflowsolutions.com.
InstaMed simplifies every healthcare clearinghouse and payment transaction for providers and payers, all in one place. InstaMed enables providers to collect more money, get paid faster and reduce the time and costs to collect. InstaMed allows payers to cut settlement and disbursement costs with electronic payments. InstaMed’s single, integrated network simplifies the healthcare payments process for 1,500+ hospitals, 60,000+ practices/clinics and 100+ billing services; connects to 3,000+ payers; and integrates with 50+ practice management systems. InstaMed processes tens of billions in healthcare payments each year at a rate of more than $1,000 per second. Visit InstaMed on the web at www.instamed.com.
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