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ChartLogic Advances its Electronic Health Record Suite with Cutting-Edge Revenue Cycle Management from Kareo
|By Business Wire
|June 2, 2014 06:00 AM EDT
ChartLogic, a leader in electronic health record solutions for specialty
and primary care physician practices, today announced a partnership with
billing solutions powerhouse, Kareo, that will allow the company to
offer its clients best-of-breed revenue cycle management.
ChartLogic is known for harnessing the power of intelligent voice
commands to expedite and simplify the electronic charting process.
Combined with a single-screen layout, physicians are able to complete an
exam or encounter note in less than 90 seconds. The company is also
recognized for having superior content, functionality and workflows
tailored to surgical and other complex areas of medicine, such as
orthopaedics, otolaryngology, ophthalmology, pain medicine, neurology,
cardiology, urology and gastroenterology.
“Kareo and ChartLogic share a common guiding principle,” says Zubin
Emsley, President and CEO of ChartLogic. “Both companies believe the
future of private practice physicians is reliant on their ability to
maintain strong financial health.”
Emsley explains that many private practice physicians, in spite of
wanting to remain independent and unencumbered, believe being purchased
by a hospital or health system may be their only viable option. “They've
watched their revenues decline year after year, in spite of seeing as
many, if not more, patients,” says Emsley.
The efficiencies of electronic charting over paper charting have proven
considerable for ChartLogic customers, most of which have experienced as
much as a 60% reduction in charting-related overhead after only one
year. However, the need to optimize reimbursements, collections and cash
flow remains significant. No matter the payer mix, case volume or
geography, statistics show that errors, denials and disputes
consistently result in lost revenue of 10% to 30%.
“With a revenue cycle management program from Kareo, private practice
physicians can stop wondering whether their billing staff are doing
everything they can and should, and if it is correct,” Emsley asserts.
Mutual customers will employ ChartLogic EMR to support clinical
operations and Kareo revenue cycle management to support practice
operations. Emsley explains that Kareo’s team will take care of the
entire claims continuum; they will provide customers complete and
detailed financial data as well as graphical dashboards showing key
metrics. Kareo will also coach practice administrators on areas of
“It's no secret a large percentage of private practice physicians are
making less money now than in previous years, and they fear their
survival,” says Dan Rodrigues, CEO and founder of Kareo. “The
combination of ChartLogic EMR and Kareo revenue cycle management is a
powerful way to reverse this trend, allowing private practice physicians
to not only endure, but to thrive.”
Forming the partnership is a very important and strategic move for
ChartLogic and Kareo alike, according to Emsley and Rodrigues. The two
companies have worked closely to integrate their respective technology
platforms, both of which are cloud-hosted, and to assimilate their
implementation, training and support resources.
“Practices that purchase the combination of ChartLogic EMR and Kareo
revenue cycle management will experience a very cohesive and unified
marriage of technology and personnel,” according to Chris Langehaug,
Senior Vice President Operations of ChartLogic. “We see this as the
single most important element in shepherding the success and
satisfaction of our mutual customers.”
ChartLogic has been developing and delivering healthcare technology
solutions since 1994. The company offers a full ambulatory EHR suite,
including electronic medical record, practice management, revenue cycle
management, e-prescribing, patient portal and more. ChartLogic is known
for its proprietary command-and-control methodology that seamlessly and
intuitively integrates voice recognition to the entire electronic
charting process. ChartLogic was the first vendor to achieve ONC
certification as a complete ambulatory EHR in support of the
government’s meaningful use incentives program. The company is based in
Salt Lake City, Utah, and is privately held. For additional information,
or call 888-337-4441.
Kareo offers a cloud-based, integrated suite of products and services
purpose-built to help small practice physicians get paid faster, run
their business smarter, and provide better care. Headquartered in
Irvine, California, the Kareo mission is to help providers spend their
time focused on patients, not paperwork. The company currently serves
more than 20,000 providers nationwide and has received extensive
industry recognition, including the Deloitte Technology Fast 500, Inc.
500/5000, Forbes Top 100 Most Promising Companies, and Black Book #1
Integrated EHR, Practice Management and Billing Vendor. For more
information, visit www.kareo.com,
or call 888-775-2736.
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