November 1, 2005

Two new clients acquired and an entry into workers compensation billing

Tranquilmoney is glad to announce that two more physician’s practices have signed up with us for managing their medical billing and AR process. Tranquilmoney has been in the Healthcare receivables management business for the last 8 years managing medical billing and AR management, helping collect more, faster. With the addition of these clients, Tranquilmoney will also have the experience of dealing with worker’s compensation as a payer.

Our services for hospitals and physicians practices offer a complete receivables management solution. We take care of AR management related activities like electronic and manual claim submission, claims tracking and verification, AR follow up, and maintaining relationships with patients and payers.

This service includes use of PracticeTracker™, Tranquilmoney’s web-based Practice Management software, that enables the hospital’s front office and our back office employees collaborate and work together. The front office personnel perform front office tasks like scheduling appointments and registering patients while our well trained back office personnel manage the receivables. PracticeTracker™ has been upgraded to generate the C4 form and all necessary features to manage worker’s comp claims.

About Tranquilmoney

Tranquilmoney Inc., headquartered in New Jersey, is a technology company with a difference. Tranquilmoney's Outsourcing Division provides outsourced receivables management services and technology to the US healthcare industry. Its software division provides leading technology to support the services division and offers a comprehensive solution to financial services companies that are involved in structured finance.  ImageCADE suite, PharmTracker™, PracticeTracker™, TeleFiche are the products that differentiate Tranquilmoney’s services.

With over ten years experience in managing healthcare receivables, Tranquilmoney's Outsourcing division provides proven services to manage third party receivables. With back office facilities in India, and state of the art infrastructure, Tranquilmoney offers 24-hour office functionality and overnight turnaround.