SAN DIEGO– A-Life Medical, Inc., the pioneer and leading provider of computer-assisted coding (CAC) products and services to the healthcare industry, announced today the renewal of an extensive contract with Associated Billing Services, Inc. Associated Billing Services provides medical billing and accounts receivable management services throughout Arizona. The company has worked with A-Life Medical for four years.
Under the renewed agreement, A-Life Medical will provide CAC services that directly address radiology procedures. A-Life’s CAC offerings are provided through its Actus Application Suite, a computerized coding and workflow management product that leverages A-Life’s proprietary and patented technology, LifeCode ®. The combination of Actus and LifeCode can increase coder productivity by up to 300 percent through improved coding workflow efficiencies, code consistency and traceability for compliance. A-Life’s LifeCode technology significantly improves physician and hospital reimbursement through automating the medical coding process.
"We have built a long-standing relationship with A-Life based on the benefits of the company’s patented NLP technology. Its accuracy rate and ability to appropriately code quickly, seamlessly and efficiently, has helped us to significantly reduce turnaround timeâ€? labor costs and accounts receivable days of services outstanding," noted Matthew Frick, vice president at Associated Billing Services.
"In addition, A-Life’s solutions offer reliableâ€? accurate coding of outpatient records, which has allowed us to vastly improve our coder productivity and streamline the overall workflow processes. We look forward to continuing to work with A-Life Medical and to reaping the cost-savings benefits and efficiencies this relationship affords our business and operations," Frick concluded.
David Byrd, vice president of business development at A-Life, added: "During the four years that we have been working with Associated Billing Services, we have delivered results that have helped the company become a more efficient and productive billing entity. Associated Billing Services ranks among the nation’s top billing organizations, based on its expertise and ability to code quickly and efficiently on behalf of its clients. A-Life is pleased to be part of Associated Billing Services’ success in achieving this leadership position. We are excited about continuing our work with ABS and helping to realize better turnaround times and lower operational costs."
About Associated Billing Services
Phoenix-based Associated Billing Services, Inc. has been providing medical billing and accounts receivable management services throughout Arizona for more than 25 years. Its annual volume of billed charges ranks the company in the top five percent of medical billing companies in the country. Please go to www.absincorp.com to learn more.
About A-Life Medical, Inc.
San Diego-based A-Life Medical, Inc. is the pioneer and leading provider of computer-assisted coding products and services for the healthcare industry. Using its proprietary and patented Natural Language Processing (NLP) technology, LifeCode ®, A-Life deciphers electronic transcribed patient encounters via the Internet through its data center, which are then appropriately coded for reimbursement purposes.
A-Life’s solutions address medical coding needs within the physician and hospital sectors. The company processes more than five million transactions monthly, has thousands of users and provides coding services to more than 40,000 physicians nationwide. Its customers include medical billing companies, physician groups, university medical centers and hospitals. For more information, please visit www.alifemedical.com.