DALLAS, Texas, March 22, 2013—MedAct Software, a provider of integrated business solutions for HME/DME companies, announces the release of MedAct Business Manager, an innovative business analytics solution to help companies increase cash flow and improve productivity. The SaaS-based platform leverages predictive analytics to aggregate data from multiple sources including customers' existing MedAct database and QuickBooks, to deliver a 360-degree view of business operations.
“Business analytics has traditionally been the purview of large enterprises due to the overall complexity and expensive technology involved,” said Gregg Timmons, president and CEO. “With the fast-evolving health-care environment, looking ahead and preparing accordingly is more critical now than ever. MedAct Business Manager brings the power of a comprehensive business analytics engine combined with user-friendly interface that is both practical and intuitive. Our early adopters have already expressed how simple the system is to use and how it has helped them make better decisions to improve workflow efficiencies, resulting in better cash flow and profits.”
MedAct Business Manager’s easy-to-use, Web-based navigation presents a visual display that graphically illustrates various business metrics. HME/DME providers can now visualize their entire workflow on a single display to immediately understand bottlenecks and take corrective action. This allows for the measurement and evaluation of key operating relationships to plot future outcomes and make more informed decisions while improving regulatory compliance. The result is significantly improved competitiveness and profitability.
“The MedAct Business Manager solution accurately quantifies our business drivers so we can measure the elements that matter most,” said Kevin Milam, president for The Billing Center, who beta-tested the platform. “Having access to this important data empowers us to make decisions faster so we can recalibrate our operations on-the-fly and ensure we are as profitable as possible. Especially in these uncertain times, it’s an invaluable tool that helps us quickly grasp where our business has been, where it is now, and where it’s going.”
Unique MedAct Business Manager capabilities include workflow visualization to identify bottlenecks and inefficiencies, performance forecasting, scenario planning to prepare for market changes, and analytics to strengthen cash flow. For more information or to schedule a demo call 800-326-0314 or visit www.medactsoftware.com.