Highlights
Net Collection Rate over 97%, minimum 57% collected in less than 30 days. Streamlined processes. Smooth practice management.
We have managed over $1 billion a year, with 100% reconciliation and 99.9% collections
PracticeTracker™ software is offers complete EHR and Practice management solutions, while AI backed PharmTracker™ powers 100% reconciliation of pharmacy claims and payments.
PracticeTracker™ has certifications for Complete EHR Ambulatory (2014 edition) and ONC ATCB
TQM-based management practices and processes along with Continuous Monitoring System (3- Tier Quality Assurance with monthly internal audits, Quarterly and ISO audits) ensures consistent quality services.
Every physician practice is unique. We customize our software to suit your workflow.
High-volume document processing solutions, ImageCADE, TeleDoc & TeleFiche enable quick capture of form data, better management and storage of forms and records. We guarantee 99.99% accuracy in data entry (HCFA/CMS, C4, and UB92 forms) and eliminate risks associated with format transition.
Well-structured domain-specific, soft skills, technology and management training unleashes the maximum potential of our employees
Privacy and security of health records is assured at Tranquilmoney. We strictly follow all the procedures and protocols.
Approved vendor for electronic claim filing with New York WCB. We file claims in 24 hours.
Certifications
- Surescripts – White Coat of Quality 2013
- AICPA Service Organization Control Reports
- ISO 9001 Certification for back office in India in 2000
- ISO: 9001:2015 Certification in 2016
- Complete EHR Ambulatory (2014 edition), Meaningful Use and ONC ATCB - Drummond Certified Health IT
- SSAE 2012 (Statement for Standards for Attestation Engagements) for PharmTrackerTM by AICPA Auditing Standards Board
Our AI Philosophy
At Tranquilmoney, we aim to achieve maximum automation, while the domain experts handle the non-automated tasks. We have designed our systems based on the technical know-how of our Founder & CEO, Dr Karun Philip, a PhD in Artificial Intelligence. Our 24*7 functional back office in India double checks for any loopholes that our AI-backed technology might have skipped, while our teams follow up on unpaid claims.
Our AI-backed software enables 100% reconciliation of claims and account receivables (manually impossible), allowing follow up on unpaid or partially paid claims, resulting in a 99.99% collection rate. This saves time. reduces costs, and manual inaccuracies; while our payor business rule database enables our clients to have a better predictability of reimbursement patterns.
Total Quality Management
Based on Japanese management techniques invented by W. Edwards Demming, we have implemented Total Quality Management at Tranquilmoney. This practice clearly presents the set targets, actual outcomes, deviations and rectification measures, which in turn results in effective decision making and meeting the set goals.
TQM at Tranquilmoney is about understanding, anticipating, meeting and exceeding customer expectations by doing things right the first time and every time.
Management Team
The management team, led by Dr. Karun Philip, with his combined years of experience in technology, healthcare and business process outsourcing, is committed to deliver quality and sustainable results to its customers.
Our Offices
Tranquilmoney, Inc. manages its operations out of New Jersey and is supported by an offshore delivery team based in Chennai (Madras), India. With state-of-the-art infrastructure spread over 10,000 sq. feet at the city center, and high speed communication lines between the offices in US and India, Tranquilmoney uses dual shoring, combining the best of both worlds.
Our Strengths
