INDIANAPOLIS--(BUSINESS WIRE)--RealMed, a leading provider of revenue cycle management solutions for the health care industry, today announced a multi-year agreement with Cincinnati, Ohio-based Catholic Health Partners (CHP) to provide the health system with tools that maximize revenue while improving efficiency. RealMed’s award-winning revenue cycle management solution will help CHP remove costs from the business side of its multi-state system.
Growing financial pressure on health care providers is prompting organizations like CHP, the largest health system in Ohio, to pursue ways to help its affiliate providers collect payment more efficiently and more quickly. RealMed’s advanced applications enable CHP to conduct secure, Web-based processing of electronic claims, remittance advices, patient statements and payments and includes key services such as real-time claims editing, automated claim status determination and patient liability estimation.
“In today’s complex environment of ever-changing health plan regulations and increased patient liability, providers demand intuitive, workflow-friendly tools and solutions to improve their efficiencies and bottom lines without compromising health care delivery,” said Mike Cash, RealMed vice president of national accounts. “We’re pleased that Catholic Health Partners chose RealMed to help create value for their affiliate health care providers, so physicians and their practices can benefit from system-wide efficiencies.”
Carl Swart, revenue cycle corporate director of physician operations for Catholic Health Partners, says better revenue cycle management will ultimately improve care delivery and increase patient satisfaction across its 100 organizations, including 34 hospitals.
“At CHP, we are expanding our capabilities to enhance affiliated physicians’ clinical documentation and revenue cycle processes,” Swart said. “By partnering with RealMed, we are able to take advantage of extensive experience and industry-leading revenue cycle tools. This enables us to extend our electronic health record, CarePATH, and our practice management tools to more physician practices, which optimizes care delivery and results in greater patient satisfaction.”
About RealMed
RealMed, an Availity company, is a national leader in revenue cycle management solutions for the health care industry. RealMed solutions connect physicians and health plans with essential real-time business information to streamline care delivery, drive staff productivity and facilitate better patient experiences. For more information, visit www.realmed.com.
About Catholic Health Partners
Catholic Health Partners is the largest health system in Ohio and one of the largest non-profit health systems in the U.S. With $5.05 billion in assets, CHP employs more than 38,000 associates in more than 100 organizations, including 34 hospitals which serve the healthcare needs of people in Ohio, Tennessee, Kentucky, Pennsylvania and contiguous states. True to our mission, in 2009 CHP provided more than $348.2 million, or 8.7 percent of total expenses, in targeted community benefit. CHP actively lives our values by committing to comprehensive benefits, including health care coverage for all regular associates, and by paying competitive wages, including a just wage that exceeds state and federal minimums. CHP is proud that our diverse associates provide high quality care to all who walk through our doors and is proud to be nationally ranked for the past two years as a Top 10 Health System for Quality in Efficiency in a Thomson Reuters study of 255 health systems across the country. To learn more about Catholic Health Partners, visit www.health-partners.org.