Health e-billing problems hit US
The Chicago Department of Public Health is getting a fraction of the $7.2 million in state mental health funds awarded last year, reports Chi Town Daily News.
Department of Health Services spokesperson, Marielle Sainvilus, confirmed that the $3 million drop in funding is related to lingering electronic billing problems.
Funding is determined on how much mental health services were reimbursed the previous year. To date, Sainvilus says, the city has billed less than $400 000 of services and the city is still ironing out computer-related billing issues.
Oracle unveils e-billing solution
Oracle has released its revenue management and billing solution for healthcare insurance companies, states PR-USA.net.
Oracle Revenue Management and Billing for Health Insurance enables efficient, streamlined processes for billing, payments and collections.
The solution helps healthcare payers improve enterprise revenue management and reduce overall cost of ownership by supporting various lines of business on a single platform.
Airline industry gets e-billing boost
The International Air Transport Association (IATA) has chosen Kale Consultants as its prime technology supplier for the development of its interline settlement platform called the Simplified Interline Settlement (SIS) initiative, says SiliconIndia.
The SIS project aims to standardise billing and settlement in the airline industry. This initiative consolidates IATA's vision to streamline the interline settlement process and encapsulates other significant initiatives such as first and final, electronic ticketing and weekly settlement.
Tom Murphy, IATA's senior vice-president for industry distribution and financial services says: "SIS will handle over one million invoices per year, which will be used by over 300 airlines, support over 3 000 users around the globe and facilitate settlement of approximately $50 billion per year for the industry."
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