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by JDA eHealth Systems, Inc.

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Your Revenue.

Our Data – Driven Solutions.

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Community Investment Fund | Endeavor Health

 

Work With Us

From large Integrated Delivery Networks to small facilities, Parathon has worked with a variety of Providers to increase their revenue and streamline operations. Parathon’s powerful intelligence-based recovery software represents thirty years of strategic technological development and a commitment to understanding industry needs. Our progressive and continually evolving approach to RCM makes our services an invaluable and incomparable asset to Providers.

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Our Solutions

Our recovery services work alongside our proprietary technology. Parathon’s progressive and continually evolving approach to revenue cycle makes it an invaluable and incomparable asset to Providers.

Revenue Intelligence Software

Parathon goes beyond today’s Industry 4.0 artificial intelligence standards by elevating Revenue Cycle Management from artificial to real intelligence: no estimations, no guessing. It addresses 100% of claims from 100% of payers with 100% accuracy. Parathon incorporates thirty years of developing the industry’s most advanced and comprehensive intellectual property in healthcare RCM. We combine our IT platform, foundational databases, calculation engine, and our core Managed Care applications which reproduce all financial data found in Legacy EMR systems. Our proprietary Parallel Database (PDB) ultimately consolidates all revenue cycle information into a single systemwide enterprise.

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Revenue Intelligence Services

Parathon has recovered billions of dollars on behalf of hospitals, health systems, and physician groups through our first-in-class Revenue Intelligence Services. Unlike other RCM vendors, Parathon does not rely on EMR or other Legacy systems to perform revenue follow-up services. Our collection consultants work exclusively in the Parathon Parallel Database (PDB) utilizing Parathon’s patented RCM technology to process claim receivables that would otherwise prove difficult, if not impossible, for hospitals or other vendors to collect. Allow us to show you how our services can transform your collections by scheduling a complimentary consultation with our expert team.

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Compliance Solutions

Parathon’s comprehensive Price Transparency Tool meets all requirements under the new CMS Price Transparency Final Rule, offering a simple and cost-effective solution to bring your hospital into full compliance with the law. Effective January 1st, 2024, hospitals have updated requirement when providing accessible pricing information to patients by publishing a comprehensive machine-readable file with all items and services and a consumer-friendly display of shoppable services. Due to the extensive and detailed requirements of this law, many hospitals continue to fail CMS compliance checks and face severe monetary penalties for inadequate compliance efforts. Parathon’s Price Transparency 2024 Solution ensures all necessary compliance terms are met and removes the uncertainty surrounding Price Transparency. 

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Careers

At Parathon, we value our employees and the integrative role they play in our success. Our team consists of experienced healthcare professionals, leading technology experts, and dedicated support staff all committed to working together to provide our clients with the best possible service. We proudly foster a healthy, professional work environment with opportunities for career growth. If you’re interested in working with us or learning more about our work culture, apply now or reach out through our contact form!

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  • Grady Health System

    Testimonials


    Grady Health System


    Sandra Johnson


    Former Vice President Revenue Cycle Management


    “We use the Emergency Department Triage services with Parathon. We have had a great experience working with them, they submit appeal letters and help us with our denials. In one year they have collected almost 1 million dollars for us. Their overturn rate has been 66 percent. Working with Parathon is definitely worth it. I have been very impressed by everything they have done for our organization.”


  • Honor Health

    Testimonials


    Honor Health


    Cameron Wilson


    Director Payor Contracts


    “Parathon has been great to work with. They are extremely flexible. We have many nuisance and challenging contracts and methodologies. We have been able to work quickly and efficiently to get our modeling set up accurately and to feel comfortable with the numbers we are producing. They are easy to get in touch with and always work with us to get the right answers. This is paramount to our relationship.”


  • NorthShore University HealthSystem

    Testimonials


    NorthShore University HealthSystem


    Kathleen Smith


    Director of Patient Financial Services



    “I really value the practices that Parathon has implemented. We use them for denials recovery and they had a lot of positive results on things that were well past timely filing. I continue to work with Parathon because I have found that they are a vendor I can trust, they give me optimal results and have effective communication.”


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