Mediware Information Systems Inc has announced the acquisition of MEDTranDirect Inc, a provider of software solutions for healthcare revenue cycle management and an approved network service vendor for Medicare.
The transaction complements the revenue cycle management and Medicare claims capabilities in Mediware’s home care market solution, Kinnser Software, while simultaneously leveraging Mediware’s heritage of supporting data-driven clinical excellence and improving efficiencies in administrative workflow, according to the Lenexa, Kan-based company in a media release.
“With the addition of MEDTranDirect to our portfolio, we are extending our software’s capability to help home care customers support, sustain, and grow their businesses by overcoming the increasing challenges of Medicare reimbursement and revenue flow. MEDTranDirect has a proven track record in this market, and we’re proud to welcome them to the Mediware family,” says Bill Miller, CEO of Mediware, in the release.
MEDTranDirect is programmed to streamline the submission and processing of providers’ claims to Medicare, Medicaid, and commercial payors, and support eligibility and remittance transactions, thereby accelerating revenue cycles and improving cash flow. In addition, it is approved to use the Medicare Limited Data Set files to develop analytics solutions for the home health and hospice markets.
“By combining our efforts, we can continue providing our customers with software that keeps their businesses running smoothly, while also enhancing services, thanks to Mediware’s greater resources and expanded customer support,” states Kalon Mitchell, founder and president of MEDTranDirect, in the release.
MEDTranDirect’s capabilities will eventually integrate with other Mediware software products that collectively provide customers with comprehensive software solutions across the entire care continuum.
[Source(s): Mediware, Business Wire]