A Look at the Complexity In the evolving landscape of healthcare, the Centers for Medicare & Medicaid Services (CMS) has heightened its focus on price transparency, aiming to equip patients with essential information and enhance …
General News
Ace the Competition with Accurate Shoppable Services: How Parathon’s 100% Accurate Price Transparency Technology Drives Patient Trust and Profitability
It Should Be a Win-Win In the rapidly evolving healthcare landscape, patients are gaining more control over their medical decisions, particularly through the ability to compare prices for various services. This shift toward transparency has …
Theresa Johnsen promoted to Chief Client Officer
Former RN helps hospital revenue cycle teams level the playing field in contract negotiations NAPERVILLE, Ill., Aug. 1, 2024 /PRNewswire/ — Parathon by JDA eHealth Systems, a leading health care technology company focused on navigating the complex and …
What Is Hospital Contract Modeling?
Key Attributes Of Hospital Contract Modeling: The very best contract modeling solution will offer three key attributes: 1. “What-If” Scenarios Hospitals should ensure their contract management partner has experts in contract interpretation on staff, as …
Parathon Names Chandler Barron President
Parathon Names Chandler Barron President to Lead Rapid Expansion Industry veteran brings three decades of experience driving revenue growth for hospital partners NASHVILLE, Tenn. – March 26, 2024 – Parathon by JDA eHealth Systems, …
Stop Writing Off Denials, Save 5% of Net Revenue
According to the advisory board, Healthcare organizations suffer an annual loss from denial write offs. This loss can be as little as 1% to as high as 4 to 5% of net patient revenue. Parathon …
Reduce Denials by 34% With Our Denial Worklists
Parathon offers a sophisticated denial worklists, that enables faster collections and a smarter workflow. Managing denials has never been easier! EMPOWER your team with Parathon. Denial Workflow Can Improve by 76% …
Unlock Potential in Your Zero Balance Accounts
Many times the accounts in a zero balance are ignored or are not a focus to increase revenue for a hospital system. At Parathon, we have a different opinion. We view these accounts as potential …
Why suffer an annual loss from denial write-offs?
According to Advisory Board, Healthcare organizations suffer an annual loss from denial write-offs ranging from as little as 1% of net patient revenue to as high as 4 or 5%. For an average 300-bed organization, …