Parathon Contract Modeling vs. Excel
With millions of dollars in hospital revenue on the line, check out how Parathon stacks up against Excel or other limited modeling software. Hospital Revenue. Not Loss. To learn more about our products and services Parathon provides, please contact us to schedule a demonstration. https://www.parathon.com
Key Elements in Ensuring Your Contract Management Solution is Effective
Contract Management automation is key in ensuring a hospital is being paid accurately. With the ability to model all payer methodologies using outliers, carve-outs, fee schedules, and a variety of groupers, including DRGs, EAPGs, and APC, as well as immediately identify variances and underpayments, hospitals are increasing their net revenue. Your current contract management solution […]
What if we said your hospital holds an incredible amount of additional revenue?
Parathon is the only company to recognize the financial impact of all revenue cycle changes. We enable claims repricing on a level never seen before! Watch the video to find out where the revenue is that can immediately impact your hospital’s balance sheet and ability to provide care. If your company wants to unlock additional […]
Top 100 Hospitals in America!
Recently Becker’s Hospital Review named its Top 100 hospitals. The list was based on rankings and awards from numerous reputable sources, including U.S. News & World Report, Truven Health Analytics, Healthgrades, the American Nurses Credentialing Center, and The Leapfrog Group. Some of the most compelling results are as follows: 94% were teaching hospitals 57% were […]
Compliant Coverage for Self-Pay Patients
How can providers not compromise compliance requirements with patients presenting as self-pay or charity care with undisclosed insurance coverage? The answer is intelligent analytics and robust technology! During the registration process, being able to capture complete and accurate demographic information is not 100% full proof. Patients may not know if they have coverage, may withhold […]
Revenue Cycle Benchmarks
According to the Advisory Board’s 2017 Revenue Cycle Benchmarks , the average 350-bed hospital saw denial write-offs increase from $3.9 million in 2011 to $7 million in 2017. In order to reduce your hospital’s denials, it is recommended to follow these best practices: Identify the root cause of the denials; Maintain a single source software […]
Contract Management Insights Video: Determining Root Cause of Managed Care Underpayments
Understanding the root cause of managed care underpayments is critical to ensure a healthy hospital balance sheet. If your hospital suspects managed care underpayments, you need to first ensure there is a system in place to accurately reprice contracts. Watch the video to get a few tips to validate your hospital has the proper system in place […]
Healthcare Trends in 2018
At the forefront of executive minds in revenue cycle is performance improvement, cost reduction, patient engagement, and predictive analytics. Four trends to watch out for in 2018: Mega-mergers- As we have seen, CVS Health signed a tentative merger agreement with Aetna. UnitedHealth Group’s Optum unit will acquire DaVita Medical Group. CHI and Dignity Health […]
EDI vs. Bots: Optimize Claim Status and Avoid Legal or Security Concerns
Health care Providers continue to look for innovate and effective ways to accelerate the payment of claims. Faster reimbursement times improve critical revenue flow and avoid costly remediation. Click the link below to read the reasons to use EDI vs. Bots for claim statusing: Read: EDI vs. Bots
Top 10 Revenue Cycle Management Solution Providers 2017
Parathon by JDA eHealth Systems has been named as one of the Top 10 Revenue Cycle Management Solution Providers by Healthcare Tech Outlook. Since the company’s founding 17 years ago, Parathon has improved financial performance, streamlined operations, and increased patient engagement for healthcare systems nationwide. “The Parathon edge is the quality, quantity, and depth of […]
