Recondo earns most improved score in KLAS 2015 Mid-Term Performance Review
Denver, CO — August 7, 2015 — Recondo Technology, the leading provider of cloud-based revenue cycle connectivity and applications, is proud to announce that its EmpoweredPatientAccess™ suite was highlighted in the “KLAS 2015 Midterm Performance Review: Software & Services Report” as tying for the greatest score improvement year-to-date in 2015.
Recondo’s patient access solution’s score of 80.7 improved by 15 percent since the “2014 Best in KLAS: Software and Services Report” published earlier this year by KLAS.
According to the KLAS mid-term report, all performance scores were compiled from the feedback of thousands of healthcare providers at physician offices, clinics, hospitals and integrated delivery networks throughout the United States and Canada. Recondo’s EmpoweredPatientAccess solution was also given high marks in Konfidence Level, which denotes the number of unique provider organizations that provided feedback on the solution to KLAS.
Hundreds of US hospitals rely on the Recondo suite of Patient Access solutions to deliver the industry’s most complete and current answers on patient coverage, liability, and demographics, plus real-time authorization requirements and status. Like the rest of Recondo’s revenue cycle solutions, Patient Access leverages the company’s patented Reconbot® technology, which takes the revenue cycle to the next level by automatically querying payer websites and then retrieving, normalizing and presenting critical information about eligibility, authorization and claim status.
“Our clients’ success and satisfaction is the fundamental way we measure our effectiveness and we appreciate KLAS’s independent review of our clients’ satisfaction in utilizing and deriving value from our patient access suite,” said Jay Deady, CEO of Recondo. Deady assumed the chief executive role in November 2014 and quickly made improved customer service and predictable, high-quality product development his top priorities. “It’s rewarding to receive third-party validation that our commitment, hard work and relentless focus on serving our customers’ needs is having a significant impact.”
The KLAS 2015 Midterm Performance Review: Software & Services Report report is available at klasresearch.com/reports.
About Recondo Technology
Recondo’s cloud-based solutions deliver industry leading automated, accurate, and actionable financial clarity to all participants within the healthcare revenue cycle. Recognized by Black Book Research as one of the top three leaders in revenue cycle management software, Recondo empowers more than 900 hospitals with solutions that connect providers, payers, and patients to ensure proper payments across the care continuum. The company’s patented software and expertise streamline operations and allow providers to be paid more, faster, and at a cheaper cost. Recondo brings efficiencies and cost savings to patient access through to payment processing—a continuum today where inaccuracy and inefficiencies currently cost U.S. healthcare a staggering $480 billion per year.
Amendola Communications for Recondo Technology