News | June 30, 2009

Hospital Adopts Common Revenue Platform Across Large Network

June 30, 2009 – The need for a common financial platform to support physician practices, remote facilities and clinical information systems prompted Capital Region Health Care (CRHC) to plan for a replacement of its existing revenue management system and associated bolt-on products.

The health system, a long-time user of McKesson’s Horizon Clinicals solutions, now plans to implement McKesson’s Horizon Enterprise Revenue Management as well. The revenue management solution is designed to improve the economics of care by helping health systems manage the complex reimbursement, collection and patient management issues they face every day.

Administrators at CRHC believe that adopting a common revenue management platform across the health system will help them to better align with their physicians. They also expect to establish even stronger relationships with joint venture partners such as surgery centers, imaging facilities and the visiting nurses association.

CRHC plans to use Horizon Enterprise Revenue Management to manage financial matters across the entire patient care experience, regardless of where care is delivered. For example, a common registration form can be used across all sites, eliminating the need to re-enter information as patients access care in outpatient and inpatient environments, thereby reducing the duplicate work required with stand-alone registration systems. Horizon Enterprise Revenue Management is also “open,” designed to integrate with both McKesson and non-McKesson clinical solutions. This enables continuous medical necessity checking, coordinated care planning and case management.

“Our goal is to help our providers improve their operations as we update and modernize our health system’s overall approach to revenue management,” said Bruce Burns, chief financial officer at Capital Region Health Care, which includes 225-bed Concord (N.H.) Hospital and several other healthcare facilities. “Concord Hospital currently employs more than 150 physicians and is supported by an additional 25 nurse practitioners and physician assistants across multiple sites, and we have long-standing relationships with many of them.”

Horizon Enterprise Revenue Management together with Horizon Clinicals offers advanced capabilities to meet rapidly evolving demands for improved clinical, operational and financial outcomes. Horizon Enterprise Revenue Management combines rules-based software with connectivity services and helps hospitals manage the processes, relationships and organizational dynamics involved in the revenue cycle process. In addition, it is desinged to enable hospitals to assess the financial impact of all care decisions to forecast cash flow and net revenue in real time.

For more information: www.mckesson.com

Related Content

ScImage Awarded U.S. Government DIN-PACS IV Contract
News | PACS | August 16, 2017
ScImage Inc. was recently awarded a new DIN-PACS IV (Digital Imaging Network/Picture Archiving and Communications...
Neighbors Emergency Center Selects Novarad PACS/RIS
News | PACS | August 15, 2017
August 15, 2017 — Novarad Corp.
Sponsored Content | Whitepapers | Enterprise Imaging | August 11, 2017
All around the world, regulatory requirements and market forces are driving a growing demand for higher-quality, more-...
RSNA Announces Pediatric Bone Age Machine Learning Challenge
News | Artificial Intelligence | August 10, 2017
August 10, 2017 — The Radiological Society of North America (RSNA) is organizing a challenge intended to show the app
Xavier University Announces Healthcare Artificial Intelligence Summit
News | Artificial Intelligence | August 07, 2017
Xavier University has launched the Xavier Center for Artificial Intelligence (AI), a pioneering effort to accelerate...
Fujifilm Launches Synapse PACS Version 5
Technology | PACS | August 03, 2017
August 3, 2017 – Fujifilm Medical Systems U.S.A. Inc.
The team from Smart City Networks, the first corporate donor for the HIMSS Steve Lieber Innovator Scholarship

The team from Smart City Networks, the first corporate donor for the HIMSS Steve Lieber Innovator Scholarship, came together during HIMSS17 for the check presentation. From left to right: Tim Overall, general manager; Marty Rubin, chief executive officer; Steve Lieber, HIMSS president/CEO; Frank Loyke, senior event coordinator; and Jennifer Way, assistant general manager

News | Information Technology | August 01, 2017
The Steve Lieber Innovator Scholarship, sponsored by the HIMSS Foundation, recognizes the leadership and passion for...
Sponsored Content | Videos | Analytics Software | July 28, 2017
Woojin Kim, M.D., chief medical information officer, Nuance Communications, explains how analytics solutions can help
Nuance Restores Service to Majority of eScription Clients Following Malware Incident
News | Information Technology | July 28, 2017
Nuance Communications Inc. provided an update on its restoration process following the previously reported June 27,...
Agfa Receives FDA 510(k) for Xtend Functionalities on Xero Universal Viewer
Technology | Remote Viewing Systems | July 27, 2017
Agfa HealthCare announced it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for the Xero Xtend...
Overlay Init