You have no items to compare.
Product Guides
Compare Products
Our online product guides make it easy to view and compare instruments and software systems feature by feature. Each listing includes an Add to Compare Products link. Click this link to compare two or more products. At the bottom of these instructions, you'll see a list of your choices. When you click the Compare button, the products you are comparing will show up side by side in a new window. You can print and/or save the comparisons you create.
| Name of billing/accounts receivable/revenue cycle management system | Lab/Hex Billing & Cash Management |
| First ever billing/AR*/RCM** system install/Most recent billing/AR/RCM system install*** | 1983/May 2012 |
| Last major product release for featured billing/AR/RCM system | January 2012 |
| No. of contracts for sites operating billing/AR/RCM system | 45 |
| • Contracts signed since March 2011/Gone live since March 2011 | 4/4 |
| No. of sites operating billing/AR/RCM system (HL/IL/PP/PO/OL/FI)**** | 45 (0/40/1/0/3 veterinary, health department/1–in Lebanon) |
| No. of inpatient invoices handled by installed sites annually | — |
| No. of outpatient requisitions handled by installed sites annually | 10,000–1,300,000 (average, 200,000) |
| Percentage of installations that have standalone billing/AR/RCM systems | 10% |
| No. of user workstations in sites operating billing/AR/RCM system (average) | 3–64 (average, 16) |
| No. of employees in entire company | 14 |
| • No. of employees dedicated to billing/AR/RCM system development, install, support | 4 |
| Server platform | Intel Open Platform |
| PC or workstation platform | Windows |
| Innovative peripherals | scanning |
| Operating systems | Linux |
| Databases and tools used | Thoroughbred Basic |
| Other vendors to which software has a lab system-related interface | Cerner, McKesson, PSI, Siemens, Sunquest, Emdeon, others |
| Features (listed as a percentage of live installations or based on availability) | |
| • Patient demographics transferred via interface from LIS to billing/AR/RCM system | 100% |
| • 1500 claim form generation (paper version) | 100% |
| • UB-04 (formerly UB-92) claim form generation (paper version) | 100% |
| • Client invoices | 100% |
| • Patient invoices | 100% |
| • Reprints of above on demand | 100% |
| • Key indicator tracking (online view of site-assigned key indicators) | 100% |
| • Test profile versus component billing | 100% |
| • Medical-necessity screening for Medicare | 100% |
| • Professional component billing | 100% |
| • Auto delete of nonbillable procedures | 100% |
| • Technical component only | 100% |
| • Retain demographic data, repeating patients | 100% |
| • Account and patient payment posting | 100% |
| • Accounts receivable system | 100% |
| • Management or marketing reports | 100% |
| • Automatic balance billing to patients | 100% |
| • Capitation billing plus billable tests | 100% |
| • Utilization reports for managed care | 100% |
| • Global charges for lab tests | 100% |
| • Unlimited user-defined fee schedules | 100% |
| • Track financial classes | 100% |
| • Allow open-item accounting (each line item on bill can be handled separately) | 100% |
| • User report writer | 100% |
| • User-defined collection system | 100% |
| • Track profitability by test, payer, and client | 100% |
| • Client services or call tracking module | 100% |
| • Rules-based processing/claims scrubbing/bundling/unbundling/72-hour rule | 100% |
| • Multi-lab or multi-company processing | 100% |
| • Support all HIPAA transaction sets | 100% |
| • Support electronic formats, including ASC X12 5010, IAIBC EDI guidelines | 100% |
| • Support standardized coding systems, including ICD-9-CM, ICD-10, CPT, etc. | 100% |
| Billing/AR/RCM system supports electronic data interchange with third-party payers and claims clearinghouses | yes |
| • Electronic functions offered | claims, remittance, rebill, acknowledgement, medical necessity, eligibility, financial reports |
| Third-party rules and coding updates supported by system | CodeMap, 3M, ADP, Ingenix, any tab-delimited file |
| Complete ASP solution for billing/AR/RCM system | no |
| • Method of charging for ASP service | — |
| • Client software required | — |
| • ASP information conduit | — |
| • Client contracts supported from data center not operated by client | — |
| • How data center is operated | — |
| Indexed field in each test definition for LOINC code | yes |
| Provide LOINC dictionary for each new installation | no |
| Source code | escrow |
| Methods by which users can tailor billing/AR/RCM system in their own setting | ad hoc query tools, user-defined interfaces, dictionary settings, others |
| Total cost for smallest standalone billing/AR/RCM system install***** | $17,500 (annual maintenance fee, $2,400) |
| Total cost for largest standalone billing/AR/RCM system install***** | $100,000 (annual maintenance fee, $15,000) |
| Total incremental cost for smallest configuration of billing/AR/RCM***** | $5,000 (annual maintenance fee, $1,200) |
| Total incremental cost for largest configuration of billing/AR/RCM***** | $35,000 (annual maintenance fee, $6,000) |
| Distinguishing features (supplied by company) | • fully integrated billing with Lab/Hex LIS or can be interfaced to any LIS, HIS, PMS, or other system |
| *AR=accounts receivable/**RCM=revenue cycle management | |
| *** based on June 2012 survey deadline | |
| **** HL=hospital labs, IL=independent labs, PP=pathology practices (only surgical pathology/cytology services), PO=physician offices, OL=other U.S. locations, FI=foreign installations | |
| ***** total cost includes hardware, software, installation, and training | |
| Note: A dash in lieu of an answer means company did not answer question or question is not applicable. | |
| Tabulation does not represent an endorsement by the College of American Pathologists. |
© 2010 CAP TODAY. All Rights Reserved.