October 6, 2008
Turning Paper Charts into Electronic Records Results in 727% Revenue Increase in Seven Years
(Virginia Beach, VA) - DOMA Technologies recognized in Inc Magazine’s top 500 fastest growing companies nationwide, ranking 55th among business service firms.
DOMA, provides enterprise-wide document management and IT consulting and solution services that are flexible, rapidly deployed, easy to use, adaptable to business growth and change and use environmentally friendly initiatives.
DOMA Technologies success comes from helping hospitals, physician practices and other health care providers turn space-eating paper records into paperless digital files for easy access and retrieval. “Our customers are realizing millions of dollars in recovered revenue and savings because of the intelligent and easy to use software we have developed and the hands-on scanning and document services we provide,” says Ian Checcio, DOMA’s Vice President of Sales. “The applications are not limited to health care, but that is the field where demand and need continues to increase.”
It’s easy to see why. Health systems nationwide are failing to bill for millions of dollars in services rendered or to appeal denied reimbursements because of backlogs of patient charts that had not been forwarded to medical records departments in a timely manner. Using DOMA’s secure, web-based system, companies are able to find information quickly while dramatically reducing paper use, physical storage space and labors hours associated with managing paper documents.
Sentara Home Care Services has been a DOMA customer for the last four years. "By capturing, storing and accessing records electronically through the iCharts application, Sentara Home Care staff members have been able to more timely store, access and retrieve patient documentation,” says Susan Zell, Director of Compliance and Regulatory Affairs with Sentara Home Care Services. “For this reason, Sentara has been able to increase overall staff productivity.”
Internationally renowned charity Operation Smile uses DOMA software so that health officials around the world can go online to check the credentials and peer reviews of participating physicians.
DOMA Technologies will also do the necessary but time consuming “document scanning” for clients. “We give them a choice,” says Ian Checcio. “They can outsource to the DOMA staff or the customer can do their own scanning on-site.” Working with local paper recycling companies, DOMA will also manage document destruction and recycling.
“We are pleased and excited to have made Inc.’s list,” says Leticia Feliciano, CEO of DOMA Technologies. “When you develop a product that improves productivity, enhances the bottom line, saves a natural resource and allows professionals to focus on their core services, that can add tremendous value to any sized organization. We are gratified at our success to date and believe we have just scratched the surface in making more industries aware of the value of electronic document management using DOMA’s web-based, secure technology.” DOMA is also a minority, veteran and woman-owned firm, has seen revenues rise 727% since its founding in 2000.