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05.10.06 | TRANSFIRST
and Gateway EDI Announce Partnership to Bring Credit Card Processing to Claims/EDI Health Care Clients
Portal-based, state-of-the-art technology
will allow users to bypass the challenges
of shifting private pay revenue collection and enable providers
to process payments
with added integration and efficiency
DALLAS and ST. LOUIS (May 10, 2006) — TRANSFIRST Health
Services, Inc. a division of TRANSFIRST HOLDINGS,
INC., a leading provider of credit card processing services and
payment enabling technologies, and Gateway EDI, one of the nation’s fastest
growing health care EDI providers with more than 25,000 heath
care providers nationwide, announced today a new partnership
that will provide Gateway EDI health care clients with a payment
processing tool. The new service linking the TRANSFIRST TRANSACTION CENTRAL™ system to the Gateway EDI portal significantly
increases efficiency in handling co-pay and post-adjudication
payment handling for enrolled users. Through a single sign-on
process, staff in practices using the Gateway EDI platform will
be able to manage their EDI transaction submission and management
along with credit card and ACH payment entry, audit, and reporting.
The new service combines TRANSFIRST’s processing
capabilities for credit card and ACH, manual and automatic recurring
payments, and custom reports with Gateway EDI’s web-based
health care transaction processing and sophisticated new technology
that flags rejected claims. Through one interfaced portal, Gateway
EDI users will be able to check third party eligibility, process
co-pays, submit patient claims, manage claim status, receive
insurance payments and then process the resulting private pay
balances! The partners plan on working with Gateway EDI’s
impressive list of vendor partners to arrange full integration
into practice management systems as well.
“Recent shifts in health care payments from
third parties to increasing patient responsibility has created
the need for more robust, integrated and sophisticated payment
processing tools in the health care practices we serve,” explains
Jim Bettendorf, Gateway EDI’s Director of Compliance and
Business Development. “This means that the health care
industry has to be prepared for enhanced payment processing options
and that patients will need the added flexibility of a host of
payment options.”
Users of the new system will benefit from the involvement
of both partners; Gateway EDI is providing the portal that drives
the system and TRANSFIRST Health
Services is providing a preferred pricing plan, implementation,
training and on-going specialized expert health care service
for the custom product.
Christy Corey, President for TRANSFIRST’s Health
Services division explains, “This new partnering is really
two very dedicated health care service organizations working
together to help provider practices successfully address the
marketplace changes occurring in their industry. Currently, most
health care practices have stand-alone tools to manage varying
tasks in their practice. As a greater emphasis is established
in the handling of private pay collections, too many separate
manual processes, products and vendors will create inefficiency
and eventually failure. The capability created by the partnership
with Gateway EDI and TRANSFIRST introduces
a more robust and integrated payments solution for a provider’s
practice and eliminates redundant processes and the need for
multiple payment products.”
About Gateway EDI
As one of the nation’s fasting growing health care EDI
providers, Gateway EDI offers simple solution to complex business
electronic connectivity challenges. From standard claims processing
and status reports to sophisticated new technology including
flagging rejecting claims -all through HIPAA compliant solutions-Gateway
EDI boasts unusually high performance standards; routinely 98
% of all customer service calls are answered in person with a
92% instant resolution. For the fourth consecutive year, the
St Louis Business Journal named Gateway EDI, a privately held
company, one of the region’s 20 fastest-growing companies
in 2004. Gateway received full accreditation by the Electronic
Healthcare Network Accreditation Commission (EHNAC), endorsing
the company's reputation for excellence in industry standards
and best practices. For more information, contact Michelle Llewellyn
at 800-969.3666 x 1201 or via email at mllewellyn@gatewayedi.com.
About TRANSFIRST
A premier provider of transaction processing services and payment
enabling technologies, TRANSFIRST offers
a first-rate suite of products and services and customized
processing programs uniquely tailored for the special business
needs of financial institutions, independent sales organizations
and agents and its referral and reseller partners. Through
its in-depth industry knowledge, partnership strategy and innovative
solutions, TRANSFIRST provides a specialized approach to transaction processing for
healthcare providers, public entities, online and other non-traditional
merchants, as well as brick and mortar retailers. Founded in
1995, TRANSFIRST is
a market leader in strategic mergers and acquisitions, which
has allowed the company to gain significant market share and
world-class expertise in growing and profitable industry segments.
Built on a platform of personal service, customer commitment
and flexible pricing, TRANSFIRST is
headquartered in Dallas, Texas, and has operations facilities
in Louisville, Colo., Omaha, Neb., Kansas City, Kan., Newport
Beach, Calif., Milwaukee, Wis. and Langhorne, Penn. Company
wide, TRANSFIRST currently processes approximately $22 billion in annual sales
volume for more than 160,000 merchants and more than 965 financial
institutions. TRANSFIRST can
be reached at 1-800-745-2659 or at www.TRANSFIRST.com.
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