HTP - Improving the Business of Healthcare Healthcare Transaction Processors
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Understanding the problem

The healthcare industry has a critical need to solve the high cost of effectively and reliably exchanging information throughout the healthcare community. National transaction standards for healthcare information require new software for industry participants to automate business processes, reduce healthcare costs, advance the quality of care and improve patient outcomes for the entire nation. There are many reasons for the high rate of cost increase, but a key to managing, understanding, and controlling costs in the future is automation to securely exchange healthcare information. HTP delivers software that connects provider, payer and clinical sides of the healthcare industry.

The Benefits of HTP Solutions

For providers - (hospitals, doctors' offices and clinics)

HTP's revenue management software can increase cash flow for the provider through:
  • Eligibility Verification
  • Patient ID Validation
  • Patient Bill Estimation
  • Point-of-Service Billing and Cashiering
  • Financial Assistance Screening and Enrollment
  • Propensity to Pay Scoring
  • Claims Status Monitoring

For payers - (healthcare plans, third party administrators and managed care organizations)

HTP improves administrative efficiencies and increases revenue through:
  • Paper claims to EDI conversion
  • Claim Overpayment Protection Service (COPS)
  • Increased auto-adjudication rates
  • Fraud and abusive billing practices detection
  • Administrative inefficiencies reduction
  • Elimination of dependency on clearinghouses
  • Decreased cost of out-of-network claims

For Regional Health Information Organizations (RHIOs)

HTP's RHIO product:
  • Permits a quick start RHIO implementation program
  • Significantly accelerates the revenue cycle/reimbursement process - in most cases, 7 days or less
  • Established the first officially recognized RHIO in the country in the state of Utah (Utah Health Information Network, UHIN)
  • Supports routing of both clinical and administrative transactions
  • Supplies a desktop product for providers that allows them to create and manage the transactions with their own proprietary practice manage systems
  • Works with the community to tailor the system to meet the needs of the community
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