Press Releases

St. Paul, MN, April 11th, 2013 — Minnesota Business Magazine has selected Apex, a technology-driven statement and document processing company, as one of the “100 Best Companies to Work For in 2013.” Apex was honored in the mid-sized business category, an award it also received in 2012. Minnesota Business Magazine recognizes winners for “setting the standard for leadership, benefits, best work environment, innovative training programs and employee happiness.”

Apex Information Technologies today announced that founder and CEO Brian Kueppers was named a finalist in the Ernst & Young Entrepreneur Of The Year® 2013 program in the Upper Midwest. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Kueppers was selected from a strong pool of nominations by a panel of independent judges. Awards will be presented at a special gala on June 13, 2013 at the Marriott City Center hotel in Minneapolis, MN

Today NACHA, The Electronic Payments Association, is honoring Apex Information Technologies with its 2013 George Mitchell Payments System Excellence Award for superior leadership in the advancement of electronic payments. Carrie Romandine, Apex’s Director of Solution Design, will accept the award at NACHA’s annual PAYMENTS Conference in San Diego. NACHA manages the ACH Network, the backbone for the electronic movement of money and data.

Events

Apex is pleased to once again participate in the International MUSE Conference for MEDITECH users, held this year in Washington, D.C. from May 28-31. Apex President Patrick Maurer and Senior Solutions Consultants Nels Peterson and Phil Rohs are representing Apex to share how Apex technologies integrate with MEDITECH for efficient billing practices.

Apex’s Phil Rohs is participating in the Annual Conference of the Wisconsin Healthcare Financial Management Association, taking place May 22-24 at the Osthoff Resort in Elkhart Lake, Wisconsin. Wisconsin HFMA brings together healthcare financial administrators hospitals, clinics, physician practices, insurance companies, and other stakeholders.

Apex is pleased to attend the NC Medical Group Management Association’s Spring Conference for the first time this year. The North Carolina chapter of MGMA was founded in 1971 and represents more than 500 medical groups, including single and multi-specialty groups, medical school clinics, management service organizations, independent practice associations, and physician-hospital organizations.

Articles

Increased electronic engagement between healthcare providers and patients provides significant opportunities for improving revenue cycle metrics and encouraging patients to access EHRs.

Electronic payments have the potential for faster collections from self-pay patients because they eliminate mail transit and check processing times. A 2012 internal study of payment data provides insight into electronic payment speed. The results suggest healthcare providers can lower accounts receivable and billing-related costs by offering online payment portals.

Have you ever opened your mail and found a bill that seemed unfamiliar? If so, chances are you didn’t pay immediately. This is a surprisingly common situation. Companies often don’t brand their billing statements effectively, causing recipients to be uncertain about the bill’s origin and authenticity. When that happens, recipients tend to delay payment until confirming that a bill matches up with their expectations. That’s a bad scenario for the issuer, because when recipients set aside bills, the chances are high that payments will not be made on time. This is especially common in the healthcare industry, both dental and traditional, in which patients regularly receive bills and statements from insurance companies or other third parties and are uncertain about how much and whom to pay. For dental practice groups, the result of the confusion is higher accounts receivable and a worse bottom line.