CHICAGO, IL--(Marketwired - February 12, 2014) - The Healthcare Financial Management Association (HFMA) today announced that, following rigorous review, The SSI Group, Inc. (SSI) has once again achieved the "Peer Reviewed by HFMA®" standard for its SSI Billing product.
SSI Billing is a comprehensive claims management solution that facilitates the electronic editing, validation and transmission of institutional and professional healthcare claims. SSI provides edits at the HIPAA, payer and provider levels. The technology allows providers to edit claims using Software as a Service (SaaS) or by an Application Service Provider (ASP). Claims are routed through SSI's nationally recognized clearinghouse to over 1000 payer connections. SSI is the first organization to be certified as a CAQH/CORE vendor and clearinghouse. CLAREDI, EHNAC and SAS70 have also certified SSI's Data Center.
"We are pleased that our SSI Billing product has continued to meet the requirements of the HFMA Peer Review process," said James M. Lyons, President and CEO of The SSI Group, Inc. "This ongoing evaluation illustrates the success of SSI's customers and SSI's commitment to quality in its products and services. We are dedicated to supporting our customers through the upcoming regulatory changes by providing effective and efficient revenue cycle management solutions backed by SSI's superior service."
HFMA's Peer Review process provides healthcare financial managers with an objective third party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review comprised of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
"We're pleased to have SSI renew their HFMA Peer Reviewed designation," says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. "The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed product or service meets an objective third-party assessment of overall effectiveness, quality, and value."
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 40,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is the indispensable resource for healthcare finance. hfma.org
SSI is a forward-thinking innovator that is powering the business of healthcare through automation and integrated connectivity. The company offers an end-to-end Revenue Cycle Management (RCM) solution featuring front-end eligibility, industry-leading billing and claims management, contract management, denial management, audit defense, document management, advanced workflow and analytics. With over 1,000 payer connections through its EHNAC-certified clearinghouse, SSI processes 600 million transactions annually, totaling in excess of $800 billion. thessigroup.com