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Archive for March, 2009

Healthcare Revenue Management Solutions

Wednesday, March 25th, 2009

Revenue management first noticed and accepted by the airline industry. Many travel and hospitality companies have been focused to the “adapt or perish” hymn while moving towards revenue management. Today, revenue management processes and systems are implemented in number of industries, including manufacturing, advertising, energy, hi-tech, telecommunications, car rental, cruise line, railroad, retail and healthcare. In the future, companies that ignore revenue management will be at a serious disadvantage.

Actually, revenue management is the concept of adopting the number of implementation of emerging and changing business strategy to revenue management, where you can generate additional revenue from 3% to 8 % and it resulting in possible profit increment of 50% to 100%.

Revenue Management is the application of exercised strategy that estimates consumer behavior at the micromarket level and make the most of product availability and price to maximize revenue growth. Revenue Management is about optimizes revenue from offered business.

Revenue Management is a solid management science that utilizes statistical and mathematical concepts, based on operations research and management science methodology and tools in changing marketing environment to provide information to:

. Precisely review prospecting consumer behavior under dynamically changing market environment
. Establish the most effective way to price and assign inventory to reach and every prospecting consumer, each and every day, formulate real-time modification as market conditions change, with the consumer in real-time
. Convey this information immediately to distribution and sale outlets which deal with the consumer in real-time
. Work as a decision-support reserve for marketing and operational purpose, containing but not restricted to: pricing, product development, advertising, sales, scheduling, distribution, human resource utilization and capacity planning.

Businesses worldwide are going under remarkable pressure by having giant capital investments occupied to their capacity/resources up to bottom line and to optimizing and recovered revenues from their fragile capacity, products and/or services. So, what can be done to execute RM effectively is very important.

Understanding the challenges you face, Concuity offers industry leading solutions combining the latest ASP technologies with professional services to help you optimize your revenue cycle management with its revenue management, contract management, denial management and month-end financial processing for improved revenue, profitability and payer compliance. Concuity delivers a 100% web-based, highly scalable solution that provides healthcare organizations the visibility and control they need to create and negotiate fair contracts, comply with contractual obligations, and identify and recover on underpaid and denied accounts. Concuity’s solutions incorporate your unique business rules and payer terms – so that you can obtain greater visibility and more efficiently manage your revenue throughout its lifecycle.

The Concuity approach enables providers to pinpoint how much they are owed for all claims they file. ClearContracts allows clients to verify the accuracy of claim payments down to the line-item level, giving them complete visibility into all of their contracts, thereby reducing the payment cycle time, as well as increasing cash flow and revenue.

The payment and revenue visibility provided by the ClearContracts solution not only improves healthcare business processes by increasing efficiency, it also lowers administrative costs. Additionally, Concuity can provide immediate ROI through its Revenue Recovery Services, enabling your healthcare organization to quickly reduce cost and lost revenue while increasing compliance, visibility and cash flow.

Concuity is the revenue cycle management software and service provider of choice for many leading healthcare organizations.

Advice on Vision Problems

Monday, March 23rd, 2009

If you have low vision, you have likely been to see a number of doctors regarding this condition. A common vision problem that afflicts people aged fifty and over is age related macular degeneration. This condition is caused when the macula, located in the retina of the eye, becomes weakened to the point that your central vision is diminished. Central vision is crucial for reading, driving, playing cards, sewing, watching television or working at a computer screen. Low vision specialists, however, can offer you an appropriate range of low vision devices that can help improve your sight so that you can participate in the daily activities that you enjoy.

Who are vision problems Specialists?

There are doctors who work in low vision centers and focus on vision problems that cause low vision in patients. These low vision specialists can be optometrists or ophthalmologists, and their goal is to help make the most of the sight you do have.

How Can Low Vision Be Improved?

Vision problems can often be lessened through the use of low vision products. The specific type of low vision devices that would work for you depend on the type of vision help you require.

If you happen to have age related macular degeneration, for example, there is a loss of the central area of vision to a greater or lesser degree; however, the peripheral vision often remains clear and accurate. Because of this localization of vision loss, you might not need anything stronger than your regular eyeglass prescription for your peripheral vision. Your central vision could benefit from a variety of low vision products designed to help provide the type of vision you need to participate in the activities you desire.

Activities can require near vision, mid vision or distance vision in order to perform them. Reading, working at a tabletop, and writing all utilize near vision, which can be improved with magnification. Activities such as watching television, live theatre or motion pictures utilize far vision. Distance vision can be maximized through the use of telescopes.

Magnifiers used for close vision activities can be as simple as a hand-held device, or can be a type of lens that is inserted into your eyeglass frames. Both can be useful depending on what you are doing and whether you need your hands free or not while doing it.

For far vision improvement, tiny telescopes are placed on the top of the eyeglass lens, and the wearer can either look through the telescope or through the lens of the glasses by shifting the head up or down, much as is done when wearing bifocals.