Providence Health & Services Expands Use of Concuity’s Services and Extends Current Contract
Vernon Hills, Ill., March 22, 2006 - Concuity, a trusted provider of healthcare revenue cycle reimbursement solutions, today announced that Providence Health & Services has decided to implement Concuity’s web-based ClearContracts(tm) application in their eastern Washington and Montana service areas. Providence Health & Services also agreed to extend its current contract with Concuity, which covers service for western Washington and Alaska facilities, for an additional five years. Providence Health & Services has over 170 different rate schedules, many of which have very complex reimbursement terms. After seeing noticeable results using Concuity’s application in some of their facilities, their finance team decided to expand its use so other facilities could reap the same benefits. “When Providence Health & Services originally selected Concuity a couple of years ago, we made a commitment as an organization to help them achieve their revenue goals,” said Robert Watson, president and CEO of Concuity “We are glad to have been able to help Providence and we look forward to implementing the additional facilities. We will continue to provide a best-of-class solution that will pinpoint revenue leaks and enable the facilities to efficiently identify and collect what they are owed,” he stated.
About Providence Health & Services
Providence Health & Services, sponsored by the Sisters of Providence religious community, includes 27 hospitals, more than 35 non-acute facilities, physician clinics, a health plan, a liberal arts university, and numerous other health, housing and education services in Alaska, Washington, Montana, Oregon and California. The corporate headquarters is in Seattle, WA.
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, Riverside Medical Center, and Stanford Hospitals and Clinics. Concuity is headquartered in Vernon Hills, Ill. For more information, call Concuity, at 847-941-9230 or visit www.concuity.com.
Published Mar. 22nd 2006 at 9:05 am.