Verity Health Selects Conifer Health for Comprehensive Revenue Cycle Management Solutions
October 18 2016 - 11:30AM
Business Wire
Agreement Builds Upon Successful Value-Based
Care Services
Conifer Health Solutions today announced a comprehensive
hospital revenue cycle management (RCM) agreement with Verity
Health System, headquartered in Redwood City, California. Under the
multi-year agreement, Conifer Health will deliver Enrollment and
Eligibility, Clinical Documentation Improvement, Health Information
Management, and Accounts Receivable Management services for Verity
Health’s six hospitals in Northern and Southern California.
Verity Health selected Conifer Health for its expertise as a
single-source RCM provider to help optimize the system’s revenue
cycle operations, enhance operating efficiency and reduce
administrative expenses. Conifer Health currently provides
value-based care services to three of Verity Health’s hospitals,
managing and administering hospital risk agreements.
“As a regional health provider, Verity Health serves a diverse
community within an ever-changing healthcare landscape,” said
Stephen Forney, chief financial officer of Verity Health. “Our
relationship with Conifer Health provides the opportunity to
improve our financial performance, control costs and enhance
patient satisfaction, enabling our system to continue to meet the
needs of the communities we serve.”
Conifer Health’s RCM services are devised to optimize financial
and operational performance for Verity Health through enhancements
to its revenue cycle processes that accelerate cash flow, aid
coding accuracy, improve clinical documentation, speed account
resolution and boost patient satisfaction.
“We are honored to expand our relationship with Verity Health,”
said Matthew C. Michaels, president of Hospital Revenue Cycle
Management for Conifer Health. “Our best-in-class hospital revenue
cycle management services will help contribute to Verity Health’s
transformation efforts and support the continued shift to managing
multiple reimbursement models.”
About Verity Health System
Verity is a nonprofit, nonreligious healthcare system including:
St. Francis Medical Center in Lynwood, St. Vincent Medical Center
in Los Angeles, O’Connor Hospital in San Jose, St. Louise Regional
Hospital in Gilroy, Seton Medical Center in Daly City and Seton
Coastside in Moss Beach. The Verity Medical Foundation is based in
San Jose. The System’s corporate headquarters are located in
Redwood City. For more information visit Verity.org.
About Conifer Health
Conifer Health brings 30 years of healthcare industry expertise
to clients in more than 135 local regions nationwide to help
strengthen their financial and clinical performance. Conifer Health
helps organizations transition from volume to value-based care,
enhance the consumer and patient healthcare experience and improve
quality, cost, and access to healthcare. Annually, the company
manages more than 24 million patient interactions; more than $29
billion in net patient revenue and more than $17 billion in
medically managed spend. Conifer Health also provides technology
and health management services to support care management for more
than 5.7 million lives. For more information, visit
ConiferHealth.com or follow @ConiferHealth on Twitter.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161018006259/en/
Conifer HealthSharon Lakes,
469-803-3654Sharon.Lakes@ConiferHealth.com
Tenet Healthcare (NYSE:THC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tenet Healthcare (NYSE:THC)
Historical Stock Chart
From Apr 2023 to Apr 2024