Parathon Software by JDA eHealth Systems, Inc.
by JDA eHealth Systems, Inc.
It seems that healthcare mergers and acquisitions (M&A) are at an all-time high. Almost weekly, I learn of a new consolidation or divesture plan. For many, these strategies offer healthcare providers the ability to become more competitive in their respective markets and restructure internal processes. However, we have found that it is not uncommon for revenue disruptionsRead More
Parathon, a leading revenue cycle provider, announced today record-setting, mid-year client acquisitions, positioning the company’s market share at 20% of the largest hospital systems in the US and 100% client growth over the last twelve months. Part of Parathon’s success has been its growth in contract modeling management, and revenue recovery. Since the company’s inceptionRead More
Parathon® by JDA eHealth Systems has once again been ranked the Top 10 Revenue Cycle Management Solution Provider by Healthcare Tech Outlook. This is the second year in a row that Parathon has made the top 10 list. Parathon’s success in this last year can be attributed to its growth in contract modeling, management, andRead More
I read this interesting article on how the use of multiple RCM systems results in higher rates of denials as well as difficulties gathering and normalizing data. The HIMSS Analytics study said that denials are the biggest challenge hospitals face with revenue cycle management. One reason for that could be their use of multiple ITRead More
As anticipated, the HFMA Annual conference did not disappoint. In addition to an amazing lineup of speakers, vibrant breakout sessions, and thought-provoking keynotes, the exhibitor hall was an excellent venue to connect with industry experts, hospital executives, and vendors alike. While attendees may have been inspired by different aspects of the conference, I came awayRead More
Attending conferences can be hit or miss. Often, schedules are packed with a variety of speakers and topics, only some of which relate to the individuals who attend. At Parathon, we strive to create an annual meeting that fills the entire agenda with relevant topics, no matter the type of hospital or health system youRead More
Due to significant changes in healthcare delivery, cost and coverage, payments, legislation, high deductible plans, and a large increase in patient responsibility, providers are looking for better ways to stop revenue leakage. As a result, revenue integrity (RI) and the advancement of revenue cycle management is a top priority for hospitals and health systems. AccordingRead More
On a weekly basis, it seems a client or prospective client asks me to provide to them some helpful tips to increase revenue, decrease denials and improve the overall function of a hospital or physician business office. What a loaded question! My short answer is to always review your managed care practices and actively participateRead More
Big buzz in the news today is crypto-currencies like Bitcoin and Blockchain technologies. I have to admit, I was having a hard time understanding the concept of bitcoin and Blockchain. I ran across a video of John Oliver explaining both concepts and even though it was a bit over the top, the basics were wellRead More
Contract Modeling Artificial Intelligence is the systematic process of intelligently re-adjudicating and validating a large group of claims to include all contract nuances, remits, and billing data… Please read full post: Contract Modeling AI eBook 2018!
