PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Perceptive Software, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Physicians Reference Laboratory Awarded ImpacT Award for Efficiencies Gained Using Perceptive Software Technology - The ImpacT Awards sponsored by the Kansas City Business Journal honor local companies that are “Transforming Business through Technology” (NYSE: LXK) - PerceptiveSoftware.com
Physicians Reference Laboratory Awarded ImpacT Award for Efficiencies Gained Using Perceptive Software Technology

 

NewswireToday - /newswire/ - Shawnee, KS, United States, 2012/11/06 - The ImpacT Awards sponsored by the Kansas City Business Journal honor local companies that are “Transforming Business through Technology” (NYSE: LXK) - PerceptiveSoftware.com. NYSE: LXK

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Perceptive Software, creator of process and content management products and solutions, announces that healthcare customer Physicians Reference Laboratory has been awarded an ImpacT Award by The Kansas City Business Journal in the “Efficiency” category. The ImpacT Awards recognize Kansas City businesses that are transforming business through technology.

Utilizing Perceptive Software process and content management solutions, Physicians Reference Laboratory has significantly improved its accounts receivable processes by going paperless to boost collected revenue and reduce Days Sales Outstanding. By implementing imaging software and automating workflow processes, the company routes documents to various predesigned workflows such as data entry and coding or direct to electronic billing, bypassing human intervention, thus eliminating manual processes that cost time and money.

“This is a tremendous honor for our partners at Physicians Reference Laboratory and we’re pleased that our process and content management solutions have made a significant impact,” said Cary DeCamp, Chief Marketing Officer, Perceptive Software. “Physicians Reference Laboratory is a fantastic study in what businesses can do with the right technology partner to improve efficiencies through the automation of business processes.”

Physicians Reference Laboratory was presented the ImpacT Award for Efficiency during an awards luncheon on Monday at the Overland Park Convention Center in Overland Park, Kan.

“Physicians Reference Laboratory is pleased as well as honored to be recognized by the Kansas City Business Journal for an ImpacT Award as well as having partnered with Perceptive Software,” said Dan Robson, Chief Business Development Officer, Physicians Reference Laboratory.

Efficiencies gained included:

• Average claim submission decreased from 14 days to 24 hours;
• Accounts receivable data entry decreased from being behind 10 days to next day;
• Days Sales Outstanding decreased from 100 to 58 days and continues to decline;
• Staff needed to walk to accounts receivable and look through numerous file cabinets for paper documents to immediate on-line access to order requisitions and supporting documentation from any location;
• One business unit’s billing was behind 9 months and is now current;
• Performance metrics increased from none to all accounts receivable processes providing opportunities for performance improvements;
• Paper requisitions were touched 6 times; Imaged requisitions are now touched 1-3 times.

Environmental impact and expense reduction included:

• Eliminated printing of reports (325,000 fewer pieces of paper per year);
• Eliminated physical storage of the requisitions and reports;
• Eliminated all outsourced full-time employees;
• Accounts receivable annual budget decreased by $500,000.

About Perceptive Software
Perceptive Software (perceptivesoftware.com), a Lexmark company (NYSE: LXK), builds a complete family of intelligent capture, content and process management, enterprise search and integration products that connect enterprise applications to the processes and information outside those applications, providing the visibility and control needed to improve financial performance, reduce risk and ensure future flexibility.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Perceptive Software, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Physicians Reference Laboratory Awarded ImpacT Award for Efficiencies Gained Using Perceptive Software Technology

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Jeremy McNeive - PerceptiveSoftware.com 
913-667-5003 jeremy.mcneive[.]perceptivesoftware.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Perceptive Software, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Perceptive Software, Inc. / Company Profile


Read Software Most Recent Related Newswires:

Infor Delivers Enhanced Mobile Equipment Solution
Mentor Graphics and SiliconIndia Announce 2016 Leadership Awards for the Embedded/VLSI Industry
Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company
Pegasystems Named Silver Winner for Best New Product of the Year in Best in Biz Awards 2016
Kentico Releases its Most Enterprise-Ready Solution Yet
OneLogin Delivers First-Ever Multi-Environment AWS User Resource Provisioning
Mahindra and IBM to Develop Blockchain Solution for Supply Chain Finance
Toyota Motor Corporation Approves Mentor Graphics Volcano™ VSTAR AUTOSAR Stack for Deployment in Toyota Vehicles
Wiley Launches New Spectra Lab Applications to Help Scientists Manage Analytical Data
Earthlite Drastically Simplifies and Expedites Accounts Receivable Analysis with Datawatch Monarch
PTC Achieves AWS IoT Competency Status
Umbra, VM Backup Appliance Based on NAKIVO Backup & Replication, Generates Business for Integrative

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)