Vernon Hills, Ill., (March 8, 2006) – Concuity, a trusted provider of healthcare revenue cycle reimbursement solutions, today announced that Englewood Hospital and Medical Center, based in Englewood, N.J., has selected Concuity’s web-based ClearContracts(tm) application to enhance their internal revenue cycle management processes, making them less reliant on outside services. “We chose Concuity’s solution because it offered us a way to further improve the way we were processing commercial insurance accounts,” said Anthony Orlando, senior vice president of finance/chief financial office for Englewood Hospital and Medical Center. “We’re looking forward to using Concuity’s contract modeling tools to help us proactively assess our existing payer contracts. The Concuity product suite will help us better evaluate the performance and compliance of our commercial payers when it becomes time to re-negotiate.” “We’re looking forward to working with Englewood Hospital and Medical Center. As hospitals continue to tighten their belts, it is imperative they have an accurate, closed-loop way to assess their reimbursement,” said Robert E. Watson, president and CEO of Concuity “Our software helps them do this. It is the only solution that enables them to identify and recover revenue due to underpayments and denials while giving them a way to correct the original cause of the issue.”
About Englewood Hospital and Medical Center
Englewood Hospital and Medical Center is a 520-bed, acute care, community-teaching hospital located in Englewood, New Jersey, and is affiliated with the Mount Sinai School of Medicine in New York City. A leader in innovative services, Englewood Hospital offers a broad range of state-of-the-art, nationally and internationally recognized clinical programs including, the Breast Care Center, The New Jersey Institute for the Advancement of Bloodless Medicine and Surgery, and The Heart and Vascular Institute of New Jersey. Additionally, the Medical Center has achieved Magnet status – the highest level of recognition for nursing excellence – by the American Nurses Credentialing Center (ANCC) of the American Nurses Association. Only 1% of all U.S. hospitals achieve this prestigious distinction.
About Concuity
Concuity, offers industry-leading solutions to increase hospital revenue by identifying and correcting payer non-compliance issues in the contract revenue cycle. Founded in 2000 by a group of healthcare industry visionaries, Concuity improves its customers’ bottom lines by delivering technology and service solutions to create and negotiate better contracts, ensure accurate implementation and compliance, and collect what’s owed. Clients include University of Utah Hospitals and Clinics, Salt Lake City, UT, Riverside Medical Center, Kankakee, IL and Providence Health System, Seattle, WA. Concuity is headquartered in Vernon Hills, Ill. For more information, call 312-479-3643 or visit www.concuity.com.