ATLANTA, GA--(Marketwire - January 10, 2011) - Nuesoft Technologies Inc. today announced the availability of Nuetopia, a new service combining the company's NueMD® electronic health records and medical billing software with the revenue cycle management expertise of a credentialed team of medical billers and coders.
"Nuetopia is a natural extension of our software offering," said Nuesoft CEO Massoud Alibakhsh. "After nearly 20 years of providing medical practice management software solutions, we have amassed a great deal of institutional knowledge about medical billing. We decided to harness that proficiency for small and medium-sized medical practices, for which medical billing, coding and claims processing are many times not core competencies."
Nuesoft has operated its own clearinghouse and Electronic Data Interchange (EDI) departments since 1999, and that has allowed staff to acquire specialized expertise in claims processing. The company also spent nearly two years researching the billing challenges unique to smaller medical practices and has added a team of certified medical billers and coders. This cumulative knowledge has allowed Nuesoft to begin offering Nuetopia to existing clients in 2010.
"What we've learned leading up to today's launch is that it is rare to find a medical practice that is running optimally," said Alibakhsh. "We see many practices that take on the ambitious task of handling billing and compliance on their own, but it often becomes difficult for them to keep abreast of the complex world of changing insurance rules and evolving regulations."
Before signing up, Nuetopia subscribers receive a free 9-step analysis of their practice's financial sustainability. That assessment is the basis of a customized plan that includes measurable objectives linked to each practice's unique challenges.
On average, medical offices should anticipate a 10 percent increase in net payments by subscribing to Nuetopia.
"Nuesoft was able to take over our billing in one hour," said Renee Drabik, practice administrator at Cadillac Urology in Cadillac, Mich., which has been using Nuetopia since September. "Our net payments have increased by 40 percent, and the transparency between our office and the service has far exceeded our expectations."
About Nuesoft Technologies, Inc.
Nuetopia is a division of Nuesoft Technologies, the leading Internet-based practice management solution for physicians' offices, billing companies and university health centers. Established in 1993, Nuesoft was one of the first companies to pioneer software as a service (SaaS) and has the datacenter facilities to support secure and HIPAA-compliant application hosting. The company has an established U.S. customer base of more than 15,000 users in 49 states, and, as an independent clearinghouse, processes 3.5 million claims transactions per year. For more information about Nuetopia or Nuesoft, visit http://www.nuesoft.com or call 800.401.7422.