Diamond Medical Management Services Chooses M/EDI Information Generator(TM) from Encoda
2008-05-05 23:46:00 -
- Encoda announced today that Diamond Medical Management Services, LLC (DMMS), a healthcare management service organization serving providers throughout the United States, has chosen Encoda's data warehouse and business analysis product---M/EDI Information Generator(TM).
Diamond Medical Management Services, LLC (DMMS) provides billing, management and consulting services for many medical practices and ambulance companies throughout the United States. In order to analyze and produce information from the enormous volume of data created within those clients databases, DMMS turned to Encoda for the solution.
"We are awash in data but producing real information for our management team and our clients was problematic with our legacy practice management reports. We had even gone so far as to hire in house programmers just for reporting purposes," said Jean-Marie Taylor, CEO of DMMS. "What before took hours and days will now be available in seconds and with total drill down granularity."
The M/EDI Information Generator(TM) utilizes powerful enterprise-level tools from Oracle(R) and the easy-to-use functionality of Microsoft(R) Excel to enable practices to produce information that is complete and actionable. The database structure was designed specifically for the needs of medical delivery units.
The product comes with a number of standard reports such as the Velocity Report which tracks liquidation rates and the Watchdog Report which monitors the progress of claims through the submission, adjudication and payment cycle.
"The M/EDI Information Generator is able to normalize disparate Practice Management Systems into a single business view so that differences in transaction systems are invisible to the analyst. No matter how many times the client switches PMS brands or how many brands the client uses at one time, the client's view is consistent. The client's business intelligence stays with the client. This is the neatest thing we have ever done and maybe the neatest thing ever done with data analysis and reporting in the medical field," said Robert S. Lee, CEO of Encoda. "And because we offer it in a SaaS model (Software as a Service) we release updates each month at no additional cost to the client. We are our client's partners."
About Encoda
Headquartered just outside Philadelphia, PA, Encoda (www.encoda.com) is a software, technology and service solutions provider for a broad mix of physician practices and physician-servicing businesses. With its signature patent pending product, M/EDI(TM), Encoda is changing the paradigm for practice management systems and revenue cycle management. Developed in strict conformance to ANSI X12 specifications, this solution enables medical delivery units to handle large amounts of billing data with perfect accuracy and economies of scale; to bypass clearing houses and legacy appeals processes; and create information from the data received from their practice management system and their payers systems. Encoda provides hosting services and revenue cycle management solutions and direct EDI functions to numerous payers.
About Diamond Medical Management Services, LLC
DMMS was founded in 1997 by Chief Executive Officer Jean-Marie M. Taylor, MSW. Based on Newark, Delaware, DMMS (www.dmms.us) serves primary care physicians and all specialties with A/R management; practice, Ambulatory Surgery Center (ASC) and office-based surgery development; accounting and bookkeeping; contracting; operations consulting; state-of-the-art practice management and medical record software; and more--freeing you for what you went into medicine for.
Encoda
Michael Lovett, 610-397-1632
mlovett@encoda.com
