CareMedic Revenue and Competitors

Founded in 1996, St. Petersburg, Fla.-based CareMedic Systems, Inc. is the industry leader in proactive financial management for hospitals and providers, and delivers the most comprehensive suite of revenue cycle management solutions available. The company provides services to customers in all 50 states and Puerto Rico, and has offices in St. Petersburg, Fla., Alpharetta, Ga. and Decatur, Ga. CareMedic's technology is implemented in more than 1,500 hospitals and provider organizations across the United States. CareMedic provides high value end-to-end solutions that streamline cash flow and speed the reimbursement process, helping customers manage the complexity of the revenue cycle to increase their bottom lines. In 1997, CareMedic launched its flagship product, providing its customers with real-time direct entry to Medicare. Today, hundreds of hospitals and providers depend on this real-time solution to manage their Medicare claims. CareMedic's eFR is the only solution that connects information from disparate systems into a single patient financial record. The eFR's patient-centric nature allows all authorized users to access patient information at any point in the system. The eFR interfaces with multiple systems used by or impacting the patient account, automating interdepartmental workflow processes and maximizing productivity and operational efficiency. CareMedic's products simplify revenue cycle management so its customers can focus on taking care of their customers—the patients. CareMedic's robust solutions have a Windows®-like look and feel, making it easier for users to understand and navigate the systems. As an Application Services Provider (ASP), the company's product lines target key revenue cycle areas, with modular options that help customers focus on the most critical areas, justifying the greatest impact and realizing a maximum return.

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