Time-to-value and increased efficiencies key to extension
EMERYVILLE, Calif., Oct. 9, 2012 /PRNewswire/ -- MedeAnalytics, a leading provider of healthcare performance management solutions, announced today that West Tennessee Healthcare extended its contract for five years for the company's Compliance and Revenue Integrity (CRI) and Revenue Cycle Intelligence (RCI) solutions.
"MedeAnalytics helps me and other revenue cycle managers quickly get to the information we need," said Executive Director, Patient Financial Services Bart Teague of West Tennessee Healthcare. "This makes us more productive by allowing us to spend more time acting on the information and resolving issues, and less time gathering and analyzing data."
"CRI helps facilitate audit capabilities expeditiously and accurately, thereby proactively enhancing our compliance efforts to ensure we do things right," said Patricia Puckett, director of compliance of West Tennessee Healthcare.
"Our state-of-the-art analytics platform allows our clients to identify root causes and set alerts to proactively manage in todays increasingly complex and challenging healthcare environment," said Mike Gallagher, chief executive officer of MedeAnalytics. "We are very proud to be of continued service to West Tennessee Healthcare, one of the top ten largest public, not-for-profit healthcare systems in the U.S."
Compliance and Revenue Integrity provides daily insight into compliance risk and coding outliers. Leveraging Medicare and Medicaid audit rules as well as MedPAR and PEPPER benchmarks, CRI enables healthcare providers to data mine and proactively manage compliance risk and protect revenue through an industry-leading analytics platform. CRI also provides a robust workflow solution to effectively manage the multiple deadlines, documents, and hand-offs of the complex appeal process.
Revenue Cycle Intelligence provides hospitals and physician practices with a consolidated view of revenue cycle performance across an integrated healthcare delivery system. For health systems with owned and/or affiliated physician practices, MedeAnalytics delivers daily insight into hospital accounts receivable, physician invoices, charge lags, professional and technical billing, denials, physician productivity, and self-pay collections in both the hospital and physician business offices.
West Tennessee Healthcare
West Tennessee Healthcare is a public, not-for-profit healthcare system. Modern Healthcare listed West Tennessee Healthcare as one of the top ten largest public, not-for-profit healthcare systems in the U.S., with locations throughout 18 counties in West Tennessee. www.wth.net
Founded in 1994, MedeAnalytics delivers performance management solutions across the healthcare system—including hospitals, physician practices and payers—to ensure accountability and improve financial, operational and clinical outcomes. For more information, visit www.medeanalytics.com.
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