Murfreesboro, Tennessee, November 2, 2009…ClaimTrust, a leading provider of revenue cycle tools and services for hospitals, today announced that Moses Taylor Hospital, a 173-bed full service hospital located in Scranton, PA, has selected its InSight Denials™ to increase billing effectiveness, improve cash flow and generate net new revenue.

InSight Denials analyzes, tracks, trends and reports on denial data to uncover the root causes leading to denials and provides best practices to repair them. Moses Taylor will use this solution to help uncover problems that lead to denials to identify and implement process improvements and permanently prevent specific denial types.

In order to expedite the repair and resubmission of denied claims across departments at Moses Taylor, InSight Denials leverages the power of InSight Workflow & Claim Editor™ — an intelligent workflow engine that applies client-specific logic to efficiently distribute denied claims requiring resubmission to the correct departments and to the individual team members, while maintaining a detailed history of actions on all claims. Using these solutions, Moses Taylor will now have the capability to increase its revenue, reduce denials and achieve efficiencies that were never before possible.

“At Moses Taylor, we needed a web-based denial management reporting tool to supplement our core systems and processes,” said Tina Zukowski, contract manager at Moses Taylor Hospital. “Though there are many revenue cycle reporting tools available, only ClaimTrust has the integrated workflow and customer service we needed in a solution. Our Revenue Cycle Managers have already used the tool to make several process improvements based on the analysis of our 835 remittance data. Additionally, we have already improved the time it takes to correct and resubmit denied claims by almost 5 days.”

“In today’s turbulent economy, it is more critical than ever before for hospitals like Moses Taylor to ensure they are collecting all of the revenue they are entitled to, as fast as possible,” said Joe Ferro, ClaimTrust president and chief executive officer. “Using our InSight Denials solution, Moses Taylor will be able to identify the root causes of all its denials, enabling them to learn how to avoid similar denials in the future, ultimately leading to an increase in revenue as well as improve the efficiency of its organization.”

InSight Denials is a part of the InSight Revenue Cycle Solution, a web-based, fully hosted product suite designed to target key points in the revenue cycle to ensure that hospitals can most efficiently collect all of the revenue to which they are entitled. The suite offers the industry’s deepest edit library, and provides revenue cycle filters that ensure that all claims are thoroughly scrubbed and fully coded with 98% payment accuracy. ClaimTrust’s ability to focus in on key areas of the revenue cycle allows it to provide hospitals with significant process improvement for minimal time and resources. Other products in the InSight Revenue Cycle Solution Suite include, InSight Workflow & Claim Editor™, InSight Reports™, InSight Medical Necessity™, InSight Compliance™, InSight RAC™, and InSight Denials™.

About ClaimTrust
ClaimTrust focuses exclusively on hospital revenue cycle tools. That singleness of purpose enables it to deliver the industry’s most effective mix of software and services designed to ensure that hospitals collect more of the revenue they are entitled to as fast as possible. The ClaimTrust InSight Revenue Cycle Solution is a suite of Web-based products that target the key revenue cycle inflection points that have the greatest impact on the bottom line. ClaimTrust provides the industry’s most frequently updated and deepest edit library; the ability to find new revenue from unbilled charges; a denials analysis engine which identifies trends and rules to generate edits that no other vendors has; and true all-payor support.

About Moses Taylor Hospital
Moses Taylor Hospital is a community-based health care facility with a long tradition of providing quality health care services to the residents of Northeastern Pennsylvania. Founded in 1892 by a New York City merchant, banker and industrialist named Moses Taylor, the mission of the hospital was to care for the railroad workers and coal miners of the region. The main campus of the hospital remains at its original site, located at 700 Quincy Avenue, Scranton, PA. Moses Taylor Hospital has 173 beds, 22 geropsychiatric inpatient beds, 32 skilled nursing beds as well as a 14-bed inpatient rehabilitation unit. In addition to a full-service emergency department, Moses Taylor Hospital has medical/surgical and other acute care specialty services. Our Family Birthing Suites provides a family-focused environment for births and our unique, private room Neonatal Intensive Care Unit provides state-of-the-art services for our tiniest and most fragile patients. Other services provided at the Hospital include wound care, MRI/CT and hospice or palliative care.