Revenue cycle software company ZirMed was awarded the Frost & Sullivan 2016 North American Technology Innovation Award. Here's what you should know.
1. The company received the honor because it demonstrated a "uniqueness in developing and leveraging new technologies that significantly impact both the functionality and the customer value."
2. ZirMed's software allows administrators to spend less time finding delayed payments, while also ensuring health organizations charge accurately.
3. Annually healthcare companies suffer $85 billion losses because of inefficient billing procedures that result in denied or delayed claims. ZirMed created a cloud-based solution to prevent that.
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