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, …
News & Updates
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, …
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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 …
Operating Losses Per Physician Are Increasing
Operating losses per physician are increasing to 17.5 percent of net revenue. What if you could offset operating losses without costly systems? Parathon is the only company that offers denial and zero balance recovery services COMBINED with …
Why Zero Balance Vendors Fail & How You Can Recover Millions
How are zero balance vendors failing? There are many misconceptions when it comes to zero balance reviews. Many hospital executives feel that because they have hired a well-known or reputable vendor they have exhausted all …
Why Zero Balance Vendors Fail & How You Can Recover MillionsRead More
5 Underpayment Tips
Third-party underpayments are exactly what they sound like – payment requests that are only partially paid. When hospitals send out payment requests to third party insurance companies, their billing departments examine the bills, but …
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 …
Parathon Reaches Growth Milestone – 20% of largest hospital systems in USRead More
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 …
Parathon® Once Again Ranked Top 10 Revenue Cycle Management Solution ProviderRead More
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 …
Multiple RCM Systems Pose Interoperability ChallengesRead More