LANV Lanvision Systems (MM)

Charleston Naval Hospital Implements CodingANYware(TM) to Improve Claims Processing and Reduce System Inefficiencies LanVision and TSystems Group Combine Complimentary Solutions to Accelerate Cash Flow CINCINNATI and LORTON, Va., Aug. 3 /PRNewswire-FirstCall/ -- TSystems Group (TSG) & LanVision Systems, Inc. (NASDAQ:LANV) today announced that the pilot project at Charleston Naval Hospital to implement LanVision's web-based coding workflow solution, codingANYware(TM), has been determined successful. LanVision's codingANYware software, combined with TSG's definitive understanding of DoD's healthcare revenue cycle, was demonstrated to accelerate government claims processing with the capability to reduce coding inefficiencies and backlogs. In addition, Charleston Naval Hospital was able to implement the system quickly without the technology investment, personnel costs, and risk of obsolescence normally associated with installing a proprietary system. According to Terry Connors, President of TSG's Healthcare Services Group, "The implementation of this innovative technology solution will help improve reimbursements for services rendered to those persons having other healthcare insurance. Further, we will be able to eliminate un-coded chart backlogs and enhance diagnostic coding procedures. Our mission is to help Charleston Naval Hospital and all military medical treatment facilities (MTFs) maximize the returns on its existing environment, through the adoption of new technologies and staffing strategies for enhanced quality of care." "We are pleased that Charleston Naval Hospital has partnered with LanVision and TSG to enhance the accuracy and timely information flow using this advanced coding workflow solution to streamline their reimbursement processes," according to Brian Patsy, President and CEO of LanVision. "By bringing its vital business processes in sync with new technologies, Charleston Naval Hospital can now create a higher level of patient care while improving productivity and accelerating cash flows," Mr. Patsy commented further. Rosie Goble, TSG's Corporate Vice President, said, "As a government healthcare facility, Charleston Naval Hospital's mission is to guarantee the management of comprehensive healthcare delivery. The LanVision and TSG solution bridges the gap between current, labor intensive paper-based processes and transaction-based information systems by electronically capturing healthcare documentation from disparate sources, electronically directing that information through medical record coding processes and providing access to the electronic medical record by authenticated users across the continuum of care. We look forward to offering this cost-saving system to all DoD and VA MTFs." About TSystems Group: TSG staff has been providing technology and multidisciplinary staffing solutions to military, Veterans Administration, and commercial clients since the early '90s. This includes Telecom and IT, Security Services, Healthcare Systems and Medical Staffing Support. Clients include government agencies, Fortune 500 companies, and prominent educational institutions. A recently issued nationwide blanket purchase agreement (BPA) can be used by the VA and DoD to access clinical coding, auditing, and billing staffing services. As an 8(a) Service Disabled, Veteran Owned, Small Disadvantaged Business, TSG is also able to offer clients other responsive, cost-conscious services through GSA and sole-sourcing options. About LanVision: LanVision is a healthcare information technology company focused on digitally streamlining healthcare by providing solutions that improve document-centric information flows while complementing and enhancing existing transaction-centric healthcare information systems. The Company's workflow and document management solutions bridge the gap between current, inefficient paper-based processes and transaction-based healthcare information systems by 1) electronically capturing document-centric information from disparate sources, 2) electronically directing that information through vital business processes, and 3) providing access to the information for authenticated users (such as physicians, nurses, administrative and financial personnel and payers) across the continuum of care. The company's workflow-based products and services offer unique solutions to specific healthcare business processes within the Medical Record life cycle and the revenue cycle, such as remote coding, abstracting and chart completion, remote physician order processing, pre-admission registration scanning, insurance verification, denial management, secondary billing services, explanation of benefits processing and release of information processing. LanVision's products and services also create an integrated document- centric repository of historical health information that is complementary and can be seamlessly "bolted on" to existing transaction-centric clinical, financial and management information systems, allowing healthcare providers to aggressively move toward fully Electronic Medical Record (EMR) processes while improving service levels and convenience for all stakeholders. These integrated systems allow providers and administrators to dramatically improve the availability of patient information while decreasing direct costs associated with document retrieval, work-in-process, chart completion, document retention and archiving. LanVision's systems can be provided on a subscription basis via remote hosting services or installed locally. LanVision provides ASPeN, ASP-based remote hosting services to The University Hospital, a member of The Health Alliance of Greater Cincinnati, M. D. Anderson Cancer Center and Children's Medical Center of Columbus, Ohio among others. In addition, LanVision has installed its workflow and document management solutions at leading healthcare providers including Stanford Hospital and Clinics, the Albert Einstein Healthcare Network, Parkview Health System, ProMedica Health System, Inc., the University of Pittsburgh Medical Center, Medical University Hospital Authority of South Carolina, and Memorial Sloan-Kettering Cancer Center. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995 Statements contained herein that are not historical facts are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward- looking statements. These risks and uncertainties include, but are not limited to, the Company's ability to refinance the long-term debt and deferred interest at maturity, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell LanVision products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, healthcare information systems budgets, availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results and other risks detailed from time to time in the LanVision Systems, Inc. filings with the U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. DATASOURCE: LanVision Systems, Inc. CONTACT: Rosie Goble of TSystems Group, +1-703-339-9373, or ; or Paul W. Bridge, Jr., Chief Financial Officer of LanVision Systems, Inc., +1-513-794-7100 Web site: http://www.lanvision.com/ http://www.tsystemsgroup.com/

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