REVENUE CYCLE MANAGEMENT: Health Systems' Success Stories

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Case Studies - Revenue Cycle Management

MedAssets has helped many of our customers decrease supply costs by three to 10 percent and increase net patient revenue by one to three percent. We have included below a few examples of hospitals and providers where we've been successful in resolving an issue or helping them reach a particular goal. If you would like additional information about how we might assist your organization, or if you'd like to speak with one of MedAssets clients, please contact us.

Cincinnati Children’s Hospital increases net cash collection by more than three percent using MedAssets Claims Management Solution

Community Health Network realizes $26.7 million in cash improvement with MedAssets Revenue Cycle Consulting Services and technology solutions.

Community Hospital Anderson utilizes CDI Program to increase cash, collaboration and Case Mix Index

Gwinnett Hospital System identifies $16.3 million in net financial improvement with MedAssets Charge Capture Audit

Memorial Hermann Health System implemented MedAssets Charge Capture Audit, and in just six months saw a 17 percent reduction in A/R days and increased clean claims rates to 73 percent. In 2010, Memorial Hermann was able to achieve $2.4 million in financial improvement.

Meridian Health identifies a 3.6 percent increase in cash collections using MedAssets chargemaster and claims management solutions.

Mountainside Hospital utilizes strategic revenue cycle services and solutions to take a “better on the basics” approach to improve financial health.

Oconee Medical Center engages MedAssets Revenue Cycle Services for Best Practice Point of Service Collections

Phoebe Putney Memorial Hospital Identifies $12 Million in Lost Charges

Promise Healthcare engages MedAssets Revenue Cycle Services to resolve nearly 50 percent of accounts and liquidate $13.9 million in cash

Valley Presbyterian Hospital identifies $1.5 million in additional cash flow with MedAssets Patient Liability Estimation solution

83-bed Virginia Regional Medical Center returns to profitability by changing culture and processes in revenue cycle operations; realizes $19.1 million in cash improvement

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by 1.5% to 5%.