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TransEngen Strengthens Product and Launches New Web Site

Company Growth Accelerates as Key Customers Added

WILTON, Conn.--(BUSINESS WIRE)-- TransEngen, Inc., a leading provider of transaction processing solutions for healthcare, announced it has expanded the functionality of its core product, the Revenue Maximizer, while launching a new web site and adding several high profile accounts.

Multiple enhancements have been made to expand the “back office” capabilities of the Revenue Maximizer, which is now used by more than 32,000* providers nationwide. Chief among these is the ability to use a single interface to specify multiple merchant accounts and processors within the same practice, providing maximum administrative flexibility for larger practices with multiple locations and banking relationships. Additional functionality has also been added allowing for more custom user roles and expanded reporting and filtering options for patient payment transactions.

“Our goal with these product enhancements was to empower the back office operations of larger medical providers by giving them tools that improve efficiency, streamline operations and provide real-time data for better decision making,” said Gregory Morris, President and CEO of TransEngen. “The complex and labor intensive nature of patient billing demands solutions that simplify workflows and enable staff to access and manipulate data quickly and efficiently – these new features will allow the Revenue Maximizer to meet that demand.”

Company officials also announced a new web site to better reflect the firm’s core focus on helping providers collect money from patients via tools that create benefits transparency at the point of care. The new site (www.TransEngen.com) features customer videos, best practice white papers, product overviews and partner sales resources.

Recent customer acquisitions point to a growing demand for the Revenue Maximizer solution across multiple practice specialties. Notable sales include Heartplace, a 25+ location cardiovascular practice in North Texas; Georgia-based Thomas Eye Group, a multi-location full-service eye care provider and Jewett Orthopaedic Clinic, one of Central Florida’s leading Orthopaedic providers, among others.

*TransEngen data 2012

About TransEngen, Inc.

TransEngen® is the nation’s leading provider of healthcare technology solutions designed to help physicians collect money from patients. TransEngen delivers an intelligent transaction-based engine that simplifies the patient payment process allowing healthcare providers to efficiently assess patient financial responsibility at the point of care. For further information, visit www.TransEngen.com.

TransEngen, Inc.
Stephen J. Henricks, 813-486-9484
Vice President, Marketing
shenricks@transengen.com

Source: TransEngen, Inc.