MedAssets Showcases Patient Access Management Solutions at NAHAM 39 th Annual Educational Conference and Exposition
ATLANTA--(BUSINESS WIRE)-- MedAssets (Nasdaq: MDAS ) today announced that the company will be participating in the National Association of Healthcare Access Management (NAHAM) 39th AnnualEducational Conference and Exposition, to be held at the Hyatt Regency Atlanta from May 15-18, 2013.MedAssets will highlight successful use of its patient access management technology and services to help healthcare organizations realize a significant increase in point-of-service (POS) collections.
In a presentation titled, “POS Collections: Changing the Culture at Oconee Medical Center,” Oconee Medical Centerwill share how MedAssets consultants worked with the acute care facility to build the infrastructure, tools and processes necessary for best practice performance. As a result of the engagement, the facility achieved a 90 percent increase in POS collections within an eight-week period. The presentation is scheduled for Thursday, May 16, at 1:30 p.m. EDT.
Request a meeting or visit MedAssets at Booth #117 during NAHAM to learn how hospitals and health systems use MedAssets Access Integrity solutions to increase efficiencies in the financial clearance process and gain sustainable financial and process improvement.
“As rising insurance deductibles increase patient out-of-pocket liability and patients become more informed healthcare consumers, it is crucial that organizations implement strategies to increase upfront patient payment and minimize financial risk,” said Greg Strobel, president, Revenue Cycle Management, MedAssets. “By automating patient payment calculation processes and implementing new workflows, our solutions facilitate more accurate patient liability estimates—helping to increase POS collections, reduce accounts receivable days and increase patient satisfaction.”
MedAssets payment collection technology and service offerings are part of the company’s Access Integrity suite thatbrings together disparate financial clearance activities into a single rules-based workflow. The Access Integrity suite delivers a complete solution to verify eligibility and benefits, provide accurate patient bill estimates, increase cash collections, conduct efficient day-to-day processes and reduce patient access-related denials.
MedAssets (Nasdaq: MDAS ) partners with healthcare providers to improve their financial strength by implementing revenue cycle, spend and clinical resource management solutions that help capture revenue, control cost, improve margins and cash flow, increase regulatory compliance, and optimize operational efficiency. MedAssets serves more than 4,200hospitals and 122,000non-acute healthcare providers. The company currently manages more than $50 billion in supply spend and touches over $365 billion in gross patient revenue annually through its revenue cycle solutions. For more information, go to www.medassets.com.
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