HealthEast Care System Selects Concuity’s ClearContracts TM to Increase Contract Analysis and Negotiation Capabilities and Improve Revenue Cycle Management
HealthEast Care System operates a number of hospitals and other health care facilities throughout the St. Paul, Minnesota, metro area, including three general acute care facilities – St. John’s Hospital, St. Joseph’s Hospital, and Woodwinds Health Campus. A fourth hospital, Bethesda Hospital, provides inpatient rehabilitative care. HealthEast Care System also features a number of primary care and specialty clinics located throughout its service area.
“The calculations performed in our existing system for expected reimbursement weren’t always accurate. We’ve also relied heavily on spreadsheets to track the appeal and recovery process. We wanted a more reliable solution for analyzing agreements, negotiating new contract terms, and recovering underpaid claims,” said Aaron Bloomquist, System Director Managed Care for HealthEast Care System. “With ClearContracts, we’ll have a tool that will help us better analyze the results of managed care agreements and hold payers accountable to the terms of those agreements.” The specialized collection workflow technology of ClearContracts combined with our Revenue Recovery Services enable healthcare organizations to accelerate collections, identify real variances, and improve cash flow and revenue. Collectors can effectively prioritize accounts, build cases for appeal, manage the appeal process, and collect more of what’s owed.
“We’re pleased to have HealthEast Care System as a client. They share the goal of other established healthcare providers – they want to improve financial and operational performance,” said Ed Gallo, “Our revenue cycle management solutions and integrated best practices allow healthcare providers across the country experience significant increases in annual revenue. Providers that practice proper contract revenue cycle management can recover a majority of claims and avoid underpaid claims altogether.”
About HealthEast Care System
HealthEast Care System is a community-focused, non-profit health care organization that provides innovative technology, compassionate care and a full spectrum of family health services. HealthEast includes Bethesda Hospital, St. John’s Hospital, St. Joseph’s Hospital and Woodwinds Health Campus as well as outpatient services, clinics, home care, pharmacies and medical transportation services. Practicing financial responsibility, HealthEast is the largest, locally-owned health care organization in the Twin Cities’ East Metro with 7,000 employees and 1,400 physicians on staff. For more information on HealthEast Care System, visit www.healtheast.org.
About Concuity
Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts which has been reviewed by HFMA and features the notable “Peer Reviewed by HFMA” mark, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance. Concuity’s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 847-465-6003 or visit www.concuity.com.
About Trintech Group
Trintech Group Plc (NASDAQ: TTPA) is a leading provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech’s recognized expertise in reconciliation underpins its suite of financial governance solutions, enabling businesses to address critical business objectives leading to more informed decision making and better overall business performance. Over 500 leading global organizations, including – North Fork Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer’s Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon Wireless, and Ameren – realize the benefits of Trintech’s configurable and highly scalable solutions everyday to: improve performance through stronger management of the revenue cycle and disbursements; ensure the accuracy and integrity of financial data; identify and reduce transaction risk; improve the quality and timeliness of financial reporting; and strengthen internal controls to support compliance requirements. For more information on how Trintech can help you gain greater visibility and control of your critical financial processes, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the country-region United Kingdom, or the Netherlands.
Trintech • 15851 Dallas Parkway, Suite 900•Addison, TX 75001 • Tel 1.972.701.9802
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel 353.1.293.9840
Trintech Press Contact Dallas Donna Martinez, Marketing Communications Manager, Trintech Tel +972 739 1611. email - donna.martinez
Published Apr. 21st 2008 at 8:10 am.
