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PracticeTracker Now Equipped for NY Workers Comp CMS 1500 Electronic Claim Submissions in XML Tranquilmoney services are fully supported by this in-house technology News provided by Share this article Share this article SOUTH ORANGE, N.J., Jan. 20, 2021 /PRNewswire/ Tranquilmoney, one of the top 10 medical practice management companies of 2020, has announced the addition of NY Workers Compensation specific billing features in its practice management software, PracticeTracker TM. Tranquilmoney, Inc. With the New York Workers Compensation Board making CMS 1500 XML claim submissions mandatory from July 1, the features will be a huge asset for Tranquilmoney s clients. Using PracticeTracker TM, CMS 1500 claims can be directly submitted to the NY WC Board in XML format, making the electronic claim submission process way easier than it is now. ....
Tranquilmoney Releases PharmTracker for Independent Pharmacies, Small and Medium Pharmacy Chains Managing receivables from Insurance becomes easier for Pharmacies News provided by Share this article Share this article SOUTH ORANGE, N.J., Dec. 24, 2020 /PRNewswire/ Tranquilmoney, Inc., a company that managed pharmacy third-party claim reconciliation for Costco Pharmacy for over 20 years, has released a web-based version of its software. Any pharmacy can now sign up to PharmTracker TM and start using the system to process their claims. Tranquilmoney has managed over $1 billion a year in pharmacy receivables reconciliation with 100% reconciliation and 99.9% collections. Industry standards of collection are about 92.5%. Dr. Karun Philip, Chairman & CEO, says Pharmacy claims are relatively small with an average of $40 from the insurance plans. Over 20 years, we developed a system that combined Artificial Intelligence, large data warehouses, and doma ....