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MedeAnalytics, Financial Health Systems Partner to Improve Point-of-Service Collections

by Steve BogdonThursday, July 23, 2009

MedeAnalytics, a leading provider of healthcare performance management solutions, and Financial Healthcare Systems, LLC (FHS) have signed a partnership agreement in which MedeAnalytics will market the FHSClearQuoteTM solution as part of an integrated suite of Patient Access Services. The joint solution, currently being implemented at several large health systems, will help hospitals improve point-of-service collection strategies by providing accurate out-of-pocket payment estimates. The software bases those estimates on historical claims data, third-party contract terms and insurance benefits information.

“Understanding patient payment obligations prior to service is essential to streamlining the revenue cycle,” said Mike Gallagher, chief executive officer of MedeAnalytics. “We are very pleased to partner with FHS to enhance our suite of Patient Access Services. FHS is a best-of-breed solution with deep expertise and technology to support credible patient estimates.”

Article sourced from www.businesswire.com, click here to read full story.

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