News | April 20, 2011

Large Northeast Radiology Groups Automate Revenue Management Billing

April 20, 2011 – Several major Northeast radiology practices have switched to McKesson’s Revenue Management Solutions (RMS) to optimize financial performance. With the industry’s most robust radiology billing and compliance solutions and extensive business intelligence capabilities, the technology and services are designed to help the groups grow revenue, control costs and mitigate regulatory risks.

Radiology and Imaging in Springfield, Mass., the largest radiology practice in western Massachusetts, and Seacoast Radiology in Rochester, N.H., were two of the practices that switched.

Radiology and Imaging selected the billing and coding services to help accelerate reimbursements and improve collection rates. With 29 specialized radiologists, the group needed a billing partner who could work with payers and other large radiology practices.

“We were impressed by the depth of McKesson’s billing platform and reporting capabilities,” said Laurie Gianturco, president, Radiology and Imaging. “With the team’s knowledge of payers and market conditions in our region, we now have a revenue management partner to help us address the intricacies of radiology billing and improve financial performance across our organization.”

Strategic decision-making at the practice will be enhanced with Web-based business intelligence and reporting tools designed to enable direct access to the group’s financial data. In addition, the company can help Radiology and Imaging manage complex coding and documentation requirements and address compliance regulations.

Seacoast Radiology also is looking for help in making financial improvements. With two hospital affiliates and an imaging center for women, the practice will utilize RMS to help streamline its revenue cycle management processes and improve collection rates. The business intelligence services and reporting tools will enable the group to track performance, monitor bottom-line results more efficiently and make more informed financial decisions.

“Like many radiology practices, we were managing our billing in-house and were wary about transitioning to an outsourced model,” said Albert Chang, vice president, Seacoast Radiology. “By partnering with McKesson, we get the benefit of a radiology-specific billing platform and in-depth reporting to help improve the financial health of our practice so we can focus on delivering the best care to our patients.”

For more information: www.mckesson.com

Related Content

MDISS Launches 'WHISTL' Network of Medical Device Security Testing Labs
News | Cybersecurity | August 23, 2017
The Medical Device Innovation, Safety and Security Consortium (MDISS) recently launched the first of more than a dozen...
Sponsored Content | Videos | Information Technology | August 22, 2017
Melissa Martin, MS, president of the American Association of Physicists in Medicine (AAPM), discusses her vision of t
HHS Unveils Improved Web Tool to Highlight Recent Health Information Breaches
News | Cybersecurity | August 21, 2017
The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR) recently launched a revised web...
Enterprise Imaging Growing Its Share of Imaging IT Market
Feature | Enterprise Imaging | August 18, 2017
August 16, 2017 — A new imaging information technology (IT) market report from Signify Research suggests...
MaineHealth Selects eUnity Platform for Clinical and Diagnostic Viewing
News | Enterprise Imaging | August 17, 2017
August 17, 2017 — Client Outlook recently announced that MaineHealth has selected eUnity as its...
Houston Methodist Hospital Enters Multi-Year Technology and Research Agreement With Siemens Healthineers
News | Imaging | August 17, 2017
Houston Methodist Hospital and Siemens Healthineers have entered into a multi-year agreement to bring cutting-edge...
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
Overlay Init