Welcome!

News Feed Item

RemitDATA Launches All New TITAN® Business Intelligence and Comparative Analytics Solution

Upgraded version provides more robust and customizable user experience; deeper real-time comparatives; expanded historical data

PLANO, Texas, Feb. 19, 2014 /PRNewswire/ -- RemitDATA Inc., the leading provider of comparative analytics in revenue cycle, utilization and productivity data, today announced the launch of its all new TITAN® business intelligence and comparative analytics solution leveraging a cloud-based, Analytics-as-a-Service platform. The new TITAN is the only business intelligence solution designed to provide automated, actionable performance analytics enhanced with near real-time comparative analytics for credible peer-to-peer benchmarking for tracking, measuring and managing key operational and financial measures.

Outpatient physician offices, hospitals/health systems, healthcare IT (HCIT) vendors and revenue cycle management (RCM) providers will benefit from the new TITAN's more robust and customizable user interface, expanded data for deeper real-time comparatives and an unlimited view of historical data for broader insights and trending.

In addition to providing customers with unlimited data and the largest comparative analytics database available today, TITAN features open Application Programming Interfaces (APIs). The API's provide HCIT vendors and advanced group practices/RCMs with a clean method of embedding the data and analytics from TITAN directly into their mission-critical user solutions, thereby eliminating the need for a separate, standalone analytics/BI application.

RemitDATA Chief Executive Officer Dave Ellett explained that the new version of TITAN was developed in response to evolving technology and a changing healthcare environment that is focusing more on analytics and business intelligence to pinpoint areas for operational and financial improvements. In addition, "customers and partners require more fully integrated workflow tools to better compete in an increasingly competitive marketplace."

"Healthcare providers continue to be challenged with decreasing reimbursement rates, claim denials, increased risk of audits, unending regulatory changes and improving operational efficiencies to control costs.  To succeed in today's marketplace, it is critical that performance issues that can harm the bottom line are identified and corrected. With the new TITAN, not only will practices benefit by spending more time solving problems and less time searching for data; our partners can enhance the solutions they offer their customers through our APIs," he added.

Judy Hanover, research director, IDC Health Insights, noted that, "in today's dynamic and complex healthcare environment, outpatient providers, revenue cycle management companies, consultants and health systems with outpatient business units need greater transparency of their data to improve business intelligence and create more efficient processes. A cloud-based solution that provides the tools they need, including transparent comparative data, proactive financial and productivity insights, workflow integration and utilization monitoring will enable providers to better compete and thrive in an evolving healthcare landscape."

Drilling down from a fully customizable dashboard, TITAN enables users to view trend metrics, set targets and define alerts for a variety of key performance indicators (KPIs) across multiple departments. Users can set up Insight alerts for proactive monitoring on specific metrics and set custom threshold levels for performance. Insights are automatically emailed to selected team members when a KPI falls outside an acceptable range as determined by the user.

Over time, additional enhancements will be integrated into the new TITAN that will:

  • enable analysis and comparative analytics of claim-based data;
  • offer fully integrated denial management workflow tools including providing instant access to paper Explanations of Benefits (EOBs) and Electronic Explanations of Benefits (ERAs) in one place;
  • supply embedded analysis and recommendations for improvement as well as predictive monitoring; and,
  • offer hospitals/health systems with unique provider-facing analysis tools.

About RemitDATA

Founded in 2000, RemitDATA Inc. helps more than 100,000 healthcare providers improve revenue and cash collections by identifying and correcting performance issues in the post-adjudication stage of the revenue cycle. The company provides a range of system-agnostic comparative analytic solutions with patented, proprietary technology offered in Analytics-as-a-Service form for immediate value-add implementation, resulting in a faster return on investment. The end result is more enlightened providers with empowered practice management teams, improved employee productivity and increased profitability. Based in Memphis, Tennessee, and Plano, Texas, the company has enjoyed a more than 90 percent client renewal rate since its inception. For more information, please visit www.RemitDATA.com.

Media Contact: 
Sourav Das 
KNB Communications 
203.504.8230

SOURCE RemitDATA Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"I will be talking about ChatOps and ChatOps as a way to solve some problems in the DevOps space," explained Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
In his session at @ThingsExpo, Dr. Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, presented the findings of a series of six detailed case studies of how large corporations are implementing IoT. The session explored how IoT has improved their economic performance, had major impacts on business models and resulted in impressive ROIs. The companies covered span manufacturing and services firms. He also explored servicification, how manufacturing firms shift from se...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settl...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Digital transformation has increased the pace of business creating a productivity divide between the technology haves and have nots. Managing financial information on spreadsheets and piecing together insight from numerous disconnected systems is no longer an option. Rapid market changes and aggressive competition are motivating business leaders to reevaluate legacy technology investments in search of modern technologies to achieve greater agility, reduced costs and organizational efficiencies. ...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...