RAM Technologies, Inc., a leading developer of advanced healthcare administrative systems for health plans and benefit administrators, has distributed new releases of their HEALTHsuite and eHealthsuite administrative systems. The new releases fully accommodate the ICD-10 coding structure, an industry mandate paramount to compliance with The Health Insurance Portability and Accountability Act (HIPAA).
“Many health plans are being forced to modernize their entire technology infrastructure in order to comply with the ICD-10 requirement,” stated Robert A. Tulio, President of RAM Technologies. “With our new releases, RAM clients have the peace of mind of being compliant with this mandate well in advance of the October 2014 directive.”
HIPAA ASC X12 Version 5010, is the standard for regulating the electronic transmission of certain healthcare transactions (such as claims, eligibility inquiries, authorizations, and remittance advices). HIPAA mandates that new codes for the International Classification of Diseases, Tenth Revision, ICD-10, must be used on HIPAA transactions by October 1, 2014.
HEALTHsuite is an enterprise application with fully integrated functionality to reduce expenses associated with the administration of Medicare, Medicaid, Dual Eligible and commercial offerings. Functions include enrollment and eligibility processing, benefit administration, provider contracting and reimbursement, provider credentialing, utilization and medical management, care management, claim adjudication, encounter processing, overpayment recovery, subrogation, capitation, customer service and contact management, fulfillment, premium billing, management and operational reporting, electronic data interchange and more.
eHealthsuite is RAM’s innovative Internet portal product that facilitates on-demand access to information for the constituents of the health plan, reducing the expense and time associated with customer service calls. eHealthsuite allows members and providers to access their information in real-time, and to conduct transaction processing remotely through a secure Internet connection.
About RAM Technologies, Inc.
RAM Technologies (ramtechnologiesinc.com) is a leading provider of enterprise software for the healthcare industry. For over 32 years RAM Technologies has led the way in the creation of superior software solutions for health plans serving Medicaid, Medicare, Commercial, and Federal Employee Health Programs. RAM Technologies has been recognized on Inc. Magazine’s List of Fastest Growing Private Companies for the last four years and has also been featured in the Philadelphia Business Journal’s Lists of Top Technology Employers and Top Software Developers.