Southern Regional Health System Selects Concuity To Identify and Collect Underpayments
ClearContracts™ Application Combined With Revenue Recovery Service will Accelerate Revenue and Recover Underpayments and Denials
Vernon Hills, Ill. (May 11, 2005) - Concuity, the leading provider of contract management solutions for the healthcare industry, announced today that Southern Regional Health System of Riverdale, Georgia will use Concuity’s ClearContracts™ application suite and Revenue Recovery Services to improve underpayment and denial collections. “We realized we needed to take a second look at how we were processing our managed care contracts,” said Darrel Lawson, managing director of Patient Financial Services at Southern Regional Health System. “Up until now, it has been a fairly manual effort - we knew it was time to automate how we managed denials and underpayments. After evaluating other systems, we chose ClearContracts’ because it had the features and functionality that would enable us to be more efficient while increasing revenue recovery and staff productivity. We believe the system’s business intelligence, workflow, and flexible reporting capabilities will help us work smarter and ultimately serve our patient community better,” he stated. Concuity’s ClearContracts is a web-based application that helps healthcare providers ensure accurate payments under today’s complex reimbursement contract terms. Concuity provides Revenue Recovery Services in combination with ClearContracts to provide immediate cash flow, derived from the retroactive recovery of underpaid claims. “We are thrilled that Southern Regional Health System decided to join Concuity’s rapidly expanding client base. We appreciate our clients’ role in serving the healthcare needs of their communities,” said Robert Watson, president and CEO of Concuity. “Unfortunately, for both healthcare providers and their patients, denials and underpayments continue to be a big problem. ClearContracts is a powerful management tool that gets to the root of the problem while giving healthcare providers the ammunition they need to proactively stop future revenue leaks and negotiate better contracts in the future,” he continued.
About Southern Regional Health System
Southern Regional Health System offers comprehensive health resources, including Southern Regional Medical Center, a 376-bed, full-service hospital in Riverdale. The medical center features a long term acute care hospital, a state-of-the-art outpatient surgery center, The Women’s Life Center, a Diabetes Resource Center and one of the most advanced emergency departments in the state. Southern Regional Health System is also comprised of RiverWoods, Southern Regional Psychiatric Center, which provides mental health, and substance abuse treatment. Home health care is provided by Southern Regional’s Homecare and additional outpatient surgery is performed at the Surgery Center at Mount Zion, located in Morrow, Georgia.
About Concuity
Concuity®, Inc. increases hospital revenue by identifying and correcting payer non-compliance issues in the contract revenue cycle. Founded in 2000, Concuity improves its customers’ bottom line by delivering technology and services to create and negotiate better contracts, ensure accurate implementation and compliance, and collect what’s owed. Clients include Sutter Health, Stanford Hospitals and Clinics, The Cleveland Clinic, Covenant Health System, St. Joseph’s Health System, and Providence Health System. Concuity is headquartered in Vernon Hills, Illinois with offices throughout the U.S. For additional information about Concuity’s solution, please call Concuity, at 847-941-9230, or visit our Web site at www.concuity.com.
Published May. 11th 2005 at 9:31 am.