Ontario Systems Announces Collect SAVVY Healthcare Software

Las Vegas – Ontario Systems, a leading provider of accounts receivable and revenue recovery management solutions for the collection and health care industries, announced the market introduction of Collect SAVVY™ Healthcare at the 2010 HFMA ANI Conference in Las Vegas, June 19-23.

Collect SAVVY Healthcare is a solution that enables hospitals and healthcare providers of any size to manage receivables and self-pay accounts more effectively for increased revenue. Collect SAVVY Healthcare is scalable, customizable and incorporates industry best practices to help increase cash flow, reduce denials and operational costs, and improve the self-pay process—all while maintaining the integrity of the patient relationship.

Collect SAVVY Healthcare automates all receivables activities based on a provider’s specific needs and objectives. Managers can select specific strategies for each patient account or group, based on the provider’s own contact guidelines and in compliance with regulations, and the software will instruct the system to automatically follow the rules of the strategy. Collect SAVVY Healthcare also provides Margin Watch™ that allows patient representatives to dynamically monitor the overall cost and margin threshold for each patient as well as additional business intelligence data so managers can determine which strategies are most effective and adjust accordingly. Moreover, Collect SAVVY Healthcare embeds third-party follow-up and self-pay policies to optimize workflow and reduce the payment cycle. Collect SAVVY Healthcare is a healthcare industry first in its ability to administer multiple account directives instantly and enterprise-wide to yield maximum return.

“Hospitals are under unprecedented economic pressures and need patient-friendly, yet effective, solutions to increase cash and sustain their solvency,” said LeAnne Hester, Chief Marketing Officer, Ontario Systems. “They’re faced with the increasing challenges of sustaining profit margins and maintaining short- and long-term financial stability, combined with significant regulatory reform. Collect SAVVY Healthcare was designed to help. It has evolved from more than thirty years of successful revenue recovery expertise and will give health care providers the power to easily manage the financial aspects of their businesses. Hospitals are able to analyze, refine and apply revenue recovery strategies dynamically, focusing their efforts to maximize returns while safeguarding the patient relationship.”

Collect SAVVY Healthcare is Microsoft®-based and delivered as a fully supported, flexible solution that interfaces with a hospital’s existing patient system. Collect SAVVY Healthcare will be available by the end of the summer to healthcare providers of any size and can be deployed on-premise or as a Software-as-a-Service (SaaS). In addition to Collect SAVVY Healthcare, Ontario Systems offers Collect SAVVY solutions for Accounts Receivable Management, Debt Buyer and Legal professions.

About Ontario Systems
Founded in 1980, Ontario Systems, LLC, is a leading provider of collection management solutions for the health care and accounts receivable management industries. The company’s customers are among the nation’s top 100 hospitals and health centers. More than 55,000 representatives in more than 500 locations – including nine of the top 10 U.S. collections firms – use Ontario Systems software and services. For more information, call 800-283-3227 or visit www.ontariosystems.com.