RealMed Launches Two Revenue Cycle Management Products

INDIANAPOLIS,June 28 /PRNewswire/ — Phil Christianson, Chief Executive Officer
of RealMed Corporation, a leading provider of web-based revenue cycle management
solutions for healthcare providers, hospitals, and payers, today announced the
launch of two products: REALCLEAN(TM) and REALASSURE.(TM) These products are
fully integrated into RealMed solutions that provide secure, real-time
adjudication and processing of electronic claims transactions, automatic claims
status, and electronic remittance advice management. RealMed customers will be
able to further increase cash flows, system workflow, quality, and timeliness of
processing.

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A key business challenge that medical practices face is the increasingly complex
requirement for exchange of claims data with insurance payers. With REALCLEAN:
Advanced Claims Editing, provider offices can use a much lower-cost approach
than existing claims manager and claims editing tools, and without the need for
highly technical and specialized resources. REALCLEAN allows providers to create
and control their own unique edits through a set of user-friendly screens,
without any knowledge of programming, for an entirely new level of customization
and claims management. It is the only option available in the market that is
fully integrated with a revenue cycle management solution.

As high deductible health plans predominate and patient liability becomes an
increasingly difficult portion of a medical provider’s revenue, bad debt has
become a serious problem. With REALASSURE: Patient Payment Assurance, medical
practices can significantly reduce the burden of patient bad debt and
unnecessary administrative costs. The entire patient collection process becomes
easier to manage and payments easier to collect. As a result, REALASSURE enables
providers to improve cash flow as well as patient/practice relations.

RealMed Director of Product Management, Sean Kilpatrick, expressed the company’s
enthusiasm for these exciting new products. “REALCLEAN and REALASSURE are
testaments to our ongoing commitment to provide healthcare organizations with
the only claims editing and payment assurance products that are fully integrated
within our revenue cycle management solution. We believe that they also further
establish RealMed as a leader in delivering technology products that reduce
healthcare provider costs and streamline efficiencies.”

About RealMed

RealMed automates healthcare transactions and information exchange between
providers and payers using powerful reporting and workflow enhancing features.
These capabilities can significantly enhance administrative efficiency and
dramatically improve cash flow for providers. RealMed serves professional
providers ranging from one-doctor practices to the nation’s largest academic
medical centers and specialty providers for all aspects of their revenue cycle
management needs. RealMed’s service and solutions led to its ranking as 2009
‘Best in KLAS’ for Claims and Clearinghouse Services.* For more information,
visit www.realmed.com, or contact Sean Kilpatrick at
sean.kilpatrick@realmed.com.

*2009 Top 20 Best in KLAS Awards: Software & Professional Servicesreport,