CHICAGO and LUMBERTON, N.C., Oct. 1 /PRNewswire-FirstCall/ — Allscripts (Nasdaq: MDRX) announced today that Southeastern Regional Medical Center will implement the Allscripts suite of care management solutions to streamline patient movement through the hospital, enhance continuity of care across the organization and prepare for Medicare’s Recovery Audit Contractor (RAC) program.
Allscripts care management solutions are Web-based “software as a service” (SaaS) applications that can be deployed quickly and efficiently with minimal IT support. The full suite of care management solutions automates and streamlines the entire care management process in hospitals, from admission through discharge. The result: increased productivity, improved patient throughput, lower claims denials and better health outcomes.
Southeastern Regional Medical Center is a 337-bed facility serving more than 15,000 inpatients and over 71,000 emergency room patients annually. Southeastern also operates a 115-bed long-term care center, homecare services, both in-home and in-patient hospice, the Gibson Cancer Center, and the Southeastern Heart Center managed by the Duke University Health System.
“When selecting an electronic solution, we did our homework and decided that Allscripts is the right partner to help us improve our efficiency, decrease the time we spend charting, and allow us to better manage our patients’ health and length of stays,” said Teresa Vanderford, Director of Care Management for Southeastern Regional Medical Center. “Allscripts also makes it far easier for us to defend our organization from Medicare audits by proving, quickly and seamlessly, that patient stays were medically necessary.”
The RAC program is a national initiative intended to identify and correct improper Medicare payments paid to healthcare providers in fee-for-service Medicare. Hospitals nationwide will be subject to the audits by the Department of Health and Human Services beginning January 1, 2010.
During a RAC audit, third-party auditors can look retroactively as far back as three years to see if hospitals have billed Medicare correctly. Hospitals may have to justify why a patient was admitted and wherever there is a discrepancy, the RAC auditors can take the money back from the hospital. The private contractors conducting the audits are incentivized to keep a percentage of the collections they make from the audits.
“Our goal at Allscripts is to provide software and technology solutions that allow hospitals and the care providers who work at them to focus on providing world class patient care,” said Glen Tullman, Chief Executive Officer of Allscripts. “We want to streamline the processes involved in moving patients through their care experience and discharging them efficiently. We also want to ensure that hospitals get adequately reimbursed for care they provide and efficiently provide documentation to reduce any potential risk from oversights on billing. Southeastern Regional Medical Center is well known for delivering quality care and our tools will build on that success while at the same time providing them adequate tools to effectively address any of the new Medicare RAC audits.”
Allscripts care management solutions provide both real-time, prospective RAC tracking technology as well as tools that enable organizations to retrospectively manage each RAC case from initial denial through all five appeals levels. Before an auditor even walks through your door, Allscripts Care Management provides reports and worklists. In addition, Allscripts Care Management can provide reporting and alerts based on DRGs, diagnosis and procedure codes that RACs have been focusing on to allow organizations oversight of the current at-risk census population.
About Southeastern Regional Medical Center
As a nonprofit organization, Southeastern is operated by a local board of trustees whose only remuneration is the assurance that they are making available quality health care for their community. Southeastern is licensed for 337 beds and also operates a 115-bed long-term care center. Southeastern serves more than 15,000 inpatients and over 71,000 emergency room patients annually. More than 125 physicians are on the active medical staff, representing a comprehensive list of services. For more information about Southeastern Regional Medical Center, visit www.srmc.org.
Allscripts uses innovation technology to bring health to healthcare. More than 160,000 physicians, 800 hospitals and nearly 8,000 post-acute and homecare organizations utilize Allscripts to improve the health of their patients and their bottom line. The company’s award-winning solutions include electronic health records, electronic prescribing, revenue cycle management, practice management, document management, hospital care management, emergency department information systems and homecare automation. Allscripts is the brand name of AllscriptsMisys Healthcare Solutions, Inc. To learn more, visit www.allscripts.com.
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This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company’s future performance, as well as management’s expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; competitive pressures including product offerings, pricing and promotional activities; our ability to establish and maintain strategic relationships; undetected errors or similar problems in our software products; compliance with existing laws, regulations and industry initiatives and future changes in laws or regulations in the healthcare industry; possible regulation of the Company’s software by the U.S. Food and Drug Administration; the possibility of product-related liabilities; our ability to attract and retain qualified personnel; our ability to identify and complete acquisitions, manage our growth and integrate acquisitions; the ability to recognize the benefits of the merger with Misys Healthcare Systems, LLC (“MHS”); the integration of MHS with the Company and the possible disruption of current plans and operations as a result thereof; maintaining our intellectual property rights and litigation involving intellectual property rights; risks related to third-party suppliers; our ability to obtain, use or successfully integrate third-party licensed technology; breach of our security by third parties; and the risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our May 31, 2009 Annual Report on Form 10-K available through the Web site maintained by the Securities and Exchange Commission at www.sec.gov. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.
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