- The RISARC RMSe-bubble system permits secure electronic transfer of health information and records, replacing hardcopy claim submissions.
- Innovative software solution will dramatically reduce healthcare transaction costs and improve reliability of the claim submission process.
- The RMSe-bubble will be the solution of choice for all corporate and institutional systems that require the instantaneous and secure exchange of documents and data.
BURBANK, January 18, 2007 — RISARC, a software and consulting company providing cutting edge solutions to healthcare and other emerging industries, today announced a statewide launch to provide a revolutionary electronic attachment service using the RISARC RMSe-bubble. The RMSe-bubble enables the secure exchange of health information and documents using a system that meets the high privacy and electronic data control standards of the Health Insurance Portability and Accountability Act of 1996 (HIPAA).
Said Richard Stephenson, president and chief executive officer at RISARC: “The Administrative Simplification provisions of the HIPAA Act were put in place to reduce the costs and administrative burdens of health care by making possible the standardized, electronic transmission of many administrative and financial transactions that are currently carried out manually on paper. But those electronic systems have to meet a high security standard so that the tough privacy and document control provisions of the HIPAA law are not violated.”
Added Stephenson: “We are delighted to work with the State’s fiscal intermediary to offer the RMSe-bubble system to their California healthcare client to meet those tough administrative standards for privacy and security. The RMSe-bubble system will enable insurance carriers and state fiscal intermediary customers to improve reliability of the claim submission process by eliminating paperwork and enabling a transaction that is seamless – whether a document is moving from computer to computer across a room or flashing across a vast ocean.”
The RMSe-bubble facilitates efficient exchanges of all file types, reduces overhead costs and seamlessly integrates and interfaces with existing systems. Instantaneous electronic document transfer using the RMSe-bubble accelerates cash flow while saving the many millions of dollars that healthcare providers and service companies currently spend on conventional photocopying, filing, and mailroom processing.
Said Stephenson: “Getting this technology right fulfills the revolutionary promise of HIPAA, made by Congress more than a decade ago, to finally bring the healthcare industry up to the data access and transfer standards we have all enjoyed in virtually every other area of the economy. The secure and rapid transfer of medical treatment and accounting records data will be as revolutionary in the healthcare industry as the transformation of the mail system twenty years ago by Federal Express or the introduction of the ATM machine in the banking and retail industries. We look forward to RISARC serving as the document exchange solution of choice for all corporate and institutional systems that must meet heightened standards for the instantaneous and secure exchange of documents and data.”
About RMSe-bubble
RMSe-bubble is a HIPAA compliant system that supports the secure and efficient exchange of all
documents and file types including images. The technology can be used as a document exchange
solution with other exchange partners such as all healthcare providers, physicians, patients and
insurance carriers and can also contain a complete automated and customizable workflow.
About RISARC
RISARC was established in 1990 as a healthcare consulting firm. RISARC began in the healthcare industry offering an all-inclusive array of hospital consulting services including Eligibility, Billing and Appeals on government and non-government payer accounts. In addition to these services, RISARC expanded to provide system solutions by merging industry experience with cutting-edge technology. RISARC now offers several system solution modules on an international level. More information can be found at www.risarc.com.
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