Siemens Unveils New Enhancements to its Revenue Cycle Solution Soarian Financials at HIMSS 2009Workflow-driven solution helps providers streamline revenue cycle management, maximize revenue realization, and supports provider initiatives to enhance the patient experience
CHICAGO, April 4 /PRNewswire-FirstCall/ -- Siemens (http://www.siemens.com/healthcare) today announced enhancements to its Soarian Revenue Cycle Management enterprise-wide solution at the Healthcare Information and Management Systems Society (HIMSS) 2009 Annual Conference and Exhibition in Chicago. Most notably, Soarian Financials' comprehensive claims management solution now includes additional industry-leading edits to further promote clean claims processing and accelerated cash collection, while reducing providers' reliance on third-party claims solutions.
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Soarian Financials, which is being showcased in the Siemens HIMSS booth (#2036), represents the latest in enterprise revenue cycle solutions, going beyond traditional patient management and accounting systems by embedding core functionality that includes a contract engine, an enterprise-wide master person index, a claims engine and editor, business analytics, and denial management into a comprehensive revenue-cycle solution.
Soarian Financials is perfectly suited for both single and multi-entity providers and extends its innovative revenue cycle design to hospital-owned and affiliated physician practices by providing the practice management tools necessary to support physician office workflows and practice-level receivables management. The latest Soarian Financials release includes enhanced claim validation edits that add depth to Soarian's comprehensive claims management solution while reducing providers' reliance upon third-party claims systems.
In December 2008, two institutions chose Soarian Financials as their future-proof solution for adapting to change, improving operational efficiency, and reducing the risks of revenue loss.
Moffitt Cancer Center, a 162-bed facility in Tampa, Florida chose Soarian Revenue Cycle, in part, because the EMPI, Patient Access and Patient Accounting are integrated into one system that would help them improve their operations and achieve their future goals.
"Soarian Financials system rose above the rest for many reasons," said Ashley Watson, Director of Patient Financial Systems of Moffitt Cancer Center. "They have taken the latest technology and revenue cycle tools and integrated them into one system. The need for bolt-on software is eliminated and the integration allows the system to intuitively process rules at the first point of patient entry."
The 2000-physician UCLA Faculty Practice Group in Los Angeles, California has chosen Soarian Financials for future implementation for a number of core business reasons: a natural progression from the present Siemens product to full scalability in a group of their magnitude, the advantages of much more capable integration in practice management functions including the elimination of bolt-on systems that were adding cost and complexity and costs to their operations.
The Siemens Healthcare Sector is one of the world's largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Healthcare is the first integrated healthcare company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. Siemens Healthcare delivers solutions across the entire continuum of care - from prevention and early detection, to diagnosis, therapy and care. Additionally, Siemens Healthcare is the global market leader in innovative hearing instruments. The company employs around 49,000 people worldwide and operates in 130 countries. In the fiscal year 2008 (Sept. 30), Siemens Healthcare reported sales of euro 11.2 billion, orders of euro 11.8 billion, and Sector profit of euro 1.2 billion. Further information can be found by visiting http://www.siemens.com/healthcare.
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Siemens Healthcare
CONTACT: Media Relations, Gian Sachdev of Siemens Medical Solutions USA,
Inc., +1-610-448-3024, gian.sachdev@siemens.com
Web Site: http://www.siemens.com/healthcare
Pratt & Whitney Rocketdyne Marks 400th RL10 Engine Powering Upper-Stage Rocket Launches
WEST PALM BEACH, Fla., April 3 /PRNewswire-FirstCall/ -- Pratt & Whitney Rocketdyne marked the 400th RL10 rocket engine to power a payload into space with the launch of an Atlas V rocket at Cape Canaveral Air Force Station, Fla., today. The RL10 engine powered the upper stage of Atlas V and Pratt & Whitney Rocketdyne also provided the rocket's RD-180 engine as part of the company's RD AMROSS joint venture. Pratt & Whitney is a United Technologies Corp. company.
The United Launch Alliance Atlas V launch vehicle launched a Wideband Global SATCOM (WGS) communications satellite that will provide U.S. and allied forces with vital information and improved support capability.
"Pratt & Whitney Rocketdyne is proud to be a key part of the Atlas V team that is supporting our armed forces with this launch," said Jim Maus, director, expendable propulsion systems, Pratt & Whitney Rocketdyne. "We are also pleased to reach a milestone in the RL10 program that is testament to the reliability and longevity of the RL10 engine and to the dedication of our employees toward mission success."
2009 marks the 46th year of flight by the RL10 engine, the world's first liquid-hydrogen fueled rocket engine. The RL10 has placed more than 163 military, government and commercial satellites into orbit and powered historic space missions to nearly every planet in our solar system. The engines have accumulated a record 734 in-space firings and over 2.2 million seconds of ground and flight operating time. The RL10 is in production for service on the latest versions of the Atlas and Delta launch vehicles.
"Today's successful launch serves as a tribute to the exceptional levels of commitment of the RD AMROSS team and adds to the on-going success of the ULA Atlas V program using the RD-180 booster engine," said Len Dest, president and CEO, RD AMROSS.
The RD-180 delivers nearly 1 million pounds of thrust, and continues to be flight proven with 100 percent mission success for 21 consecutive launches. The RD-180 is the only liquid oxygen-kerosene fueled engine with an oxygen-rich staged combustion cycle flying in the United States today.
RD AMROSS, LLC is a U.S. joint venture between Pratt & Whitney Rocketdyne and NPO Energomash of Khimky, Russia. NPO Energomash manufactures the RD-180 for RD AMROSS, and is a world leader in designing, manufacturing, testing and providing services for liquid propulsion rocket engines.
Pratt & Whitney Rocketdyne, Inc., a part of Pratt & Whitney, is a preferred provider of high-value propulsion, power, energy and innovative system solutions used in a wide variety of government and commercial applications, including the main engines for the space shuttle, Atlas and Delta launch vehicles, missile defense systems and advanced hypersonic engines.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and commercial building industries.
Tom Callaghan Bryan Kidder
Pratt & Whitney Rocketdyne Pratt & Whitney Rocketdyne
+1-561-796-6793 +1-818-586-2213
thomas.callaghan@pwr.utc.com bryan.kidder@pwr.utc.com
Pratt & Whitney Rocketdyne
CONTACT: Tom Callaghan, +1-561-796-6793, thomas.callaghan@pwr.utc.com,
or Bryan Kidder, +1-818-586-2213, bryan.kidder@pwr.utc.com, both of Pratt &
Whitney Rocketdyne
