Thomson Reuters and Ingenious Med Improve Inpatient Billing Efficiency

Feb. 18, 2010

Ann Arbor, MI February 16, 2010 — Thomson Reuters and Ingenious Med, Inc. have combined their clinical workflow offerings into a unified billing solution for hospitals and physician practices.

The solution will help hospital clinicians improve inpatient billing efficiency and accuracy — so they capture all appropriate charges for the treatment they provide.

It weds Clinical XpertTM Navigator from Thomson Reuters and IM Practice Manager from Ingenious Med. Navigator, a KLAS Category Leader for eight consecutive years, provides comprehensive patient data to clinicians via mobile devices and a web portal. It aggregates data from across the hospital information system to give clinicians real-time access to patient information such as demographics, laboratory reports, medications, radiology results, transcribed reports and more.

IM Practice Manager is built upon Ingenious Med’s Charge Capture and Coding Suite, which helps physicians capture a larger number of charges, decrease denials, improve collections per encounter, and improve denial reimbursements.

With this combined solution, clinicians can monitor their patient’s clinical data from a single desktop view using Navigator and, with single-sign-on capability, launch directly from Navigator into IM Practice Manager. All relevant patient information in Navigator is automatically pre-populated in IM Practice Manager to avoid duplicate or incorrect data entry. This allows clinicians to quickly record procedure and diagnosis codes and automatically transmit billing data to a physician practice.

“This collaboration allows users to access a more comprehensive solution by combining Ingenious Med’s successful charge capture solution with Thomson Reuter’s clinical application,” said Hart Williford, CEO of Ingenious Med. “Users will be able to access both vital products in one seamless solution addressing business and clinical needs.”

“The combination of Clinical Xpert Navigator and IM Practice Manager will help hospitals improve their ability to more easily document all charges for the treatment they provide,” said Thomas Hegelund, executive vice president at Thomson Reuters. “Through our relationship with Ingenious Med this solution will help hospitals improve revenue capture and cycle time at a time when many need it most.”