iSolutions iQ Announces New Corporate Strategy Designed to Reinvent Revenue Cycle Operational

Nov. 16, 2010 - PRLog -- Toledo, OH (November 10, 2010) - Healthcare veteran Phil C. Solomon, Chief ROI Officer of iSolutions iQ announces a new corporate strategy to bring a fully functional, all-encompassing revenue cycle solutions to the healthcare market. iSolutions iQ, a privately held company incorporated in 2006 built its foundation of revenue cycle solutions focused on the dramatic increase in the self-pay patient population and the increasing requirements for accurately processing financial assistance and charity applications, while maximizing point of service and ongoing self-pay collections. Since its inception, iSolutions iQ has broadened its solution base through the creation of innovative technologies and the development of best of breed partnerships such as the integration of Alloy™, the industry leading Operational Business Intelligence Platform.

The healthcare market is in a state of flux, and only time will tell how new legislation will affect fiscal and operational performance. Through the new corporate strategy executed by its team of industry leaders, iSolutions iQ has positioned itself ahead of the curve, proactively supplying innovative solutions to meet the demands of an industry undergoing continual transformation.
iSolutions iQ strategy is to deliver the best technology, analytics and services blended together to offer providers a “one stop shop”, eliminating the management of multiple vendors, which is costly and time consuming for hospital’s and their staff. “Healthcare facilities today are really struggling to keep pace with the new market conditions caused by the recessionary economy. iSolutions iQ can fully accommodate a wide array of revenue cycle needs, as well as provide superior consultative solutions to positively impact operational performance and patient satisfaction.” Solomon says. “With little I.T. involvement, we can integrate the iSolutions iQ and Alloy™ technology solution directly into a healthcare facility’s revenue cycle workflow processes without interrupting current systems. The end result is reduced operational costs and increased and accelerated cash collection.”

The key to iSolutions iQ and Alloy’s™ innovative solutions are the platform development infrastructure using the latest Microsoft® development tools. Combining the best suite of technology tools with a team of highly skilled and experienced talent, iSolutions iQ delivers leading solutions at a time when providers require innovative thinking to survive in this unprecedented time of change. The iSolutions iQ and Alloy™ solution provides registration quality and accuracy, insurance eligibility, self-pay charity, payment analytics and point of service collection, patient payment estimation, medical necessity checking, electronic physician order processing, A/R workflow, collection agency performance management and proactive health management services through patient outreach analytics. The total solution now offers providers the ability to customize a solution aimed at solving their business need, not being limited by a cookie cutter approach.

“Working in an ever-changing market is exciting and challenging“ says Solomon. “Not only do we have to continually develop new business solutions, we must also sustain competitive advantages in our product and service line. What works in one facility, may be completely different for a similar facility in size and scope. But it is the challenge which makes it refreshing, coupled with the fact that we are shaping and driving new options in revenue cycle performance.”

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iSolutions iQ, a leading healthcare technology and services firm specializing in revenue cycle optimization is based in Toledo, OH and has been in business since 2006. iSolutions iQ is uniquely qualified to maximize operational performance for any sized health system. For more information, call 800-673-1987 or visit us on line at www.isolutionsiq.com.