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BARRINGTON, IL. April 9, 2007 -- GE Healthcare announced today that Somnia Inc., a national leader in anesthesia practice management, has recently implemented Centricity Group Management, an advanced practice management solution that can strengthen operational efficiencies and advance financial performance.
“Today, many healthcare providers do not have a complete view of their organization’s finances, much less the identification and understanding of future growth and efficiency operations,” said Vishal Wanchoo, president and CEO of GE Healthcare Integrated IT Solutions. “In the complex and ever-changing environment surrounding documentation, coding and reimbursement, it is only by providing a comprehensive view of the practice’s financial health that future opportunities can be realized today.” Centricity Group Management presents a comprehensive view of an organization’s finances with best-in-class automation and electronic data interchange (EDI) capabilities. Anchored by a streamlined, intuitive, patient centric workflow, the solution integrates with clinical information systems to provide detailed claim and remittance analysis, ensuring efficient and accurate billing. The clear identification of critical trends and dynamics impacting the organization’s bottom line, along with proactive identification of insurance information problems help secure a healthy financial performance for the practice.
Quote from Somnia…. “With the implementation of Centricity Group Management, Somnia can better grasp the financial and environmental changes currently facing many anesthesiologists, certified nurse anesthetists, anesthesia group practices and anesthesia service providers; and by doing so, improve reaction times,” said Marc E. Koch, MD, MBA, President and CEO, Somnia Inc. “This solution will enable us to focus on what we do best – providing surgeons and facilities dependable, reliable and consistent anesthesia services.”
As part of the Centricity family of IT solutions, Centricity Group Management is an award-winning practice management solution that focuses on automated revenue cycle management tools designed to expedite cash flow and support growth, enabling organizations to increase profitability and provide superior customer service.
About GE Healthcare
GE Healthcare provides transformational medical technologies that are shaping a new age of patient care. GE Healthcare’s expertise in medical imaging and information technologies, medical diagnostics, patient monitoring and life support systems, disease research, drug discovery, and biopharmaceutical manufacturing technologies is helping physicians detect disease earlier and to tailor personalized treatments for patients. GE Healthcare offers a broad range of products and services that are improving productivity in healthcare and enhancing patient care by enabling healthcare providers to better diagnose and treat cancer, heart disease, neurological diseases, and other conditions.
GE Healthcare is a $15 billion unit of General Electric Company (NYSE: GE) headquartered in the United Kingdom. Worldwide, GE Healthcare employs more than 43,000 people committed to serving healthcare professionals and their patients in more than 100 countries. For more information about GE Healthcare, visit our website at www.gehealthcare.com
About Somnia Inc.
Somnia Inc. is a national provider of anesthesia services to office-based surgical facilities, ambulatory surgery centers and hospitals. With deep and thorough anesthesia-specific administrative capabilities, it provides facilities with peace of mind that high quality anesthesia services are being provided to each and every patient. For more information please visit www.somniainc.com or 1.877.476.6642.
Contact GE Healthcare
Ana Perez
262 544 3774
262 337 0108
ana.m.perez@ge.com