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News & Updates

Sep 24

September 24, 2018 By John Gibson

Healthcare Mergers and Acquisitions

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

Filed Under: General News

Sep 06, 2018

September 6, 2018 By Corby Bell

Parathon Reaches Growth Milestone – 20% of largest hospital systems in US

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

Filed Under: General News

Aug 28, 2018

August 28, 2018 By Corby Bell

Parathon® Once Again Ranked Top 10 Revenue Cycle Management Solution Provider

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

Filed Under: General News

Aug 15

August 15, 2018 By Jaclyn Gulke

Multiple RCM Systems Pose Interoperability Challenges

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

Filed Under: General News

Jul 12

July 12, 2018 By Josh Vierling

HFMA Annual Conference 2018

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

Filed Under: General News

Jun 06

June 6, 2018 By John Gibson

2018 Annual Parathon Revenue Cycle Optimization Summit

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

Filed Under: General News

May 31

May 31, 2018 By Jaclyn Gulke

Hospital Revenue Integrity: Top Priority for Healthcare Leaders

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

Filed Under: General News

May 01

May 1, 2018 By John Gibson

5 Tips When Negotiating Your Hospital and Physician Payer Contracts

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

Filed Under: General News

Apr 24

April 24, 2018 By Jaclyn Gulke

Understanding Blockchain in Healthcare and how it is beneficial to providers

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

Filed Under: General News

Apr 12

April 12, 2018 By Corby Bell

A closely guarded secret of the most profitable hospitals

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!  

Filed Under: General News

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Mar 22

We are Hiring-Join the Parathon Team Today!

Mar 21

Operating losses per physician are increasing to 17.5 percent of net revenue

Feb 25

Reduce Denials by 34% With Our Denial Worklists

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