GE Healthcare, a provider of medical technologies and services, has introduced next-generation revenue cycle management solution Centricity Business 5.0.

The Centricity Business 5.0 aids hospital networks, academic medical centers, large practices and physician billing groups to achieve greater profitability and efficiency by streamlining administrative tasks from front desk to billing office, and accelerating revenue collection from payers to providers.

Fletcher Allen Health Care CIO Chuck Podesta said the versatility of Centricity Business allows them to drive real-time clinical and financial interoperability between Centricity Business and their EMR system for patient experience.

GE Healthcare IT GM Michael Nolte said Centricity Business 5.0 allows organizations to maximize their IT investment, support profitability, and dramatically shorten the appointment to payment cycle.