The Critical Role of Technology and Expertise in CMS Price Transparency V2.0 Compliance: A Guide for Hospital Personnel

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 the efficiency and fairness of the healthcare system. A cornerstone of this initiative is the CMS Price Transparency V2.0 Online […]
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 made “shoppable services” a cornerstone of consumer empowerment. These non-emergency services can be scheduled in advance, giving patients the freedom […]
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 constantly changing revenue cycle landscape, has announced the promotion of Theresa “Terri” Johnsen, formerly vice president of client operations, to […]
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 well as experts in contract coding. That team is essential to undertaking the time-consuming contract loading process and helps eliminate […]
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 offers denial recovery services that can ensure additional net revenue and avoid write offs on aged or troublesome denials. With […]
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% Increase cash Reduce Underpayments […]
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 lost revenue and have the ability to find out how accurately your payers are paying the bills. This could lead […]
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, 1% of net patient revenue can equate to $2 million to $3 million annually. Why do Healthcare organizations accept this […]
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. According […]
Parathon’s Annual User Conference

Parathon’s 2019 Annual User Conference was another successful event! It was wonderful to hear from such high-profile executives on leading revenue cycle topics. Click to register or email us to learn more! To check out what each day of the conference offered each attendee – Download the 2019 Agenda