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HMonline Boosts Cash Flow for Healthcare Providers in Workers'' Compensation.

Publication: Business Wire
Publication Date: 09-MAY-03
Format: Online - approximately 746 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors/Health/Medical Writers

SOUTHINGTON, Conn.--(BUSINESS WIRE)--May 9, 2003

HMonline (HM) released details of a new service that speeds the payment process for healthcare providers and dramatically reduces amounts and days in accounts receivable.

This service, a major boost to enhanced cash flow, has been in operation for over a year now. It requires no investment in new systems or software, instead, it simply leverages current office and billing systems to high effectiveness by clever use of technology.

Bill Chesley, HM's President and CEO, in releasing details, said, "Because workers' compensation billing has been paper-based providers have been forced to rely on paper, postal services and manual processing - all of which...

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