For Immediate Release
Birmingham, Alabama – August 3, 2015 – CORELinQ Innovations is proud to announce its partnership with MedChex to integrate its attorney patient funding program within RISLiNQ, the flagship radiology information system within CORELiNQ’s suite of products.
Attorney referred patient volume has one of the longest outstanding payment lifecycles within radiology. Facilities often turn down such patient volume due to the negative cash flow impact it has on cash management efforts, including the write-offs of aged receivables.By activating MedChex’s one-click referral system within RISLiNQ, customers will now have the ability to initiate MedChex’s patient funding program that will facilitate the receipt of funds to cover attorney referred patients in need of radiology services. As long as the patient has attorney representation and there is a provided letter of protection, MedChex will pre-fund the patient’s diagnostic care.
“CORELinQ has made it no secret that we are committed to providing our clients proven solutions to help them grow their referrals, increase their reimbursements and reduce their aging account receivables”, stated Harsha Hatti, President and CEO of CORELiNQ Innovations. “We have remained true to this commitment by partnering with MedChex. Our customers no longer have to turn down referral volume from attorneys out of fear of lengthy payment cycles and higher receivables. MedChex gives them peace of mind that a funding source exists to help them remain efficient in their cash management efforts”.
Rob Kraus, President and CEO of MedChex, noted “MedChex’s partnership with CORELinQ now makes servicing this referral base simple – all it takes is literally one click within the RISLinQ application to initiate the process. Additionally, MedChex stands ready to work with RISLinQ customers who are interested in having MedChex purchase their outstanding receivable accounts that stem from personal injury cases.By liquidating these receivables, cash is made immediately available to clients to fund their practice. It is a true win-win for all stakeholders in this program”.