ATLANTA--(BUSINESS WIRE)--Jacksonville, Fla.-based Consolidated Laboratory Services (CLS), a wholly owned subsidiary of St. Vincent’s HealthCare, has turned to McKesson Business Performance Services (McKesson) for comprehensive, cost-effective outreach laboratory billing services.
McKesson’s revenue cycle services will include claims management, denial management, compliance, customer service and business intelligence reporting. St Vincent’s HealthCare operates three hospitals where CLS is responsible for about 863,000 clinical tests annually with more than 1,300 outreach clients.
Lynnette Chakkaphak, system laboratory director for CLS, said McKesson’s end-to-end revenue cycle solution represented the best option for the organization.
“We were planning on replacing our billing system, but decided we would also investigate outsourced billing solutions,” Chakkaphak said. “The more we learned about what McKesson could offer, the more we realized that working with them represented a far more cost-effective solution than continuing to bill in-house. We are excited about what this decision will mean for our organization.”
Chakkaphak said the laboratory was particularly enthusiastic about the custom reporting that McKesson will provide. Reports highlighting a range of detailed financial and operational metrics will strengthen operations and improve long-term planning.
“The depth of McKesson’s standard reports, coupled with McKesson’s ability to generate custom reports tailored to our specific needs, will give us previously unavailable insight into our operations,” she said.
Chakkaphak added that once the decision was made to outsource, McKesson was selected on the strength of the company’s capabilities and reputation among laboratories nationwide.
Pat Leonard, president of McKesson Business Performance Services, said McKesson understands the needs of outreach laboratories.
“Unlike a lot of hospital central business offices, we are equipped to handle the large-volume, low-value claims that are at the heart of the outreach business,” Leonard said. “At the same time, we are constantly looking for new ways to help labs boost their efficiency and increase margins. We look forward to helping Consolidated Laboratory Services grow their business.”
About Consolidated Laboratory Services
Consolidated Laboratory Services is a comprehensive laboratory serving physicians and medical facilities throughout northeast Florida. The organization is committed to providing high quality, cost-effective, responsive service and operates multiple patient service centers conveniently located throughout Duval, Clay, Nassau and St. Johns counties. For more information, visit: www.conlabs.com.
About McKesson Corporation
McKesson Corporation, currently ranked 15th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. We partner with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For more information, visit www.mckesson.com.