News | October 05, 2009

McKesson’s Revenue Management Solution Goes Live

October 5, 2009 – Kentucky-based Baptist Hospital Northeast in La Grange, Ky., is the first site to simultaneously implement both the access and business management modules of McKesson’s Horizon Enterprise Revenue Management solution. The innovative solution, which became generally available Sept. 29, combines rules-based software and connectivity services to help organizations transform revenue management.

The solution’s access management module is designed to allow healthcare organizations to collect appropriate financial information on patient treatment to help meet regulatory requirements and collect full payment for services at the beginning of the patient interaction process. The business management module supports the creation of charges, distribution of claims and receipt of payments.

By deploying the entire system, Baptist leaders expect to dramatically improve performance. For example, rather than simply manage denials more effectively with the technology; Baptist business office staff should be able to eliminate denials completely. The entire billing cycle should be reduced from a fourteen-step process with multiple handoffs to a streamlined, efficient process in which the majority of the work takes place within the system in the background.
The Horizon Enterprise Revenue Management solution also will enable Baptist to maximize its investment in McKesson’s clinical IT systems. Horizon Enterprise Revenue Management, together with McKesson’s Horizon Clinicals suite, helps enterprises to meet demands for improved clinical, operational and financial outcomes.

As an “open” technology, the revenue management solution is said to connect to both McKesson and non-McKesson clinical technology. These connections make it possible to manage financial processes across all care settings and enables continuous medical necessity checking; coordinated care planning and case management; and collaboration of orders and scheduling. The solution also will enable Baptist to handle emerging revenue management requirements related to pay-for-performance and ICD-10.

Horizon Enterprise Revenue Management will help Baptist focus even more keenly on performance improvement and prepare for potential economic stimulus incentives. The health system already leverages McKesson’s performance analytics technology, part of the complete Horizon Enterprise Revenue Management solution, to measure organizational performance and make evidence-based decisions.

For more information:

Related Content

Videos | Clinical Decision Support | March 22, 2018
Jonathan Teich, M.D., chief medical information officer for InterSystems, discusses the growth of clinical decision s
Siemens Healthineers Launches New Partners for Digital Ecosystem at HIMSS 2018
News | PACS Accessories | March 12, 2018
At the 2018 Healthcare Information and Management Systems Society (HIMSS) Annual Conference and Exhibition, March 5-9...
Axumin PET Agent Added to NCCN Guidelines for Suspected Recurrent Prostate Cancer
News | PET Imaging | February 21, 2018
Blue Earth Diagnostics announced that Axumin (fluciclovine F 18) injection has been added to the National Comprehensive...
FDA Clears First AI-Powered Clinical Decision Support Software for Stroke
Technology | Clinical Decision Support | February 14, 2018
The U.S. Food and Drug Administration (FDA) announced marketing clearance for Viz.AI’s Contact application, the first ...
Elekta and IBM Watson Health Bringing Artificial Intelligence to Oncology
News | Oncology Diagnostics | January 31, 2018
Elekta announced it is collaborating with IBM Watson Health to offer Watson for Oncology with Elekta’s cancer care...
MedCurrent Rolls Out OrderWise Clinical Decision Support Platform With iRefer Guidelines
Technology | Clinical Decision Support | January 29, 2018
Primary care providers and hospital doctors around the world can now access the imaging referral guidelines from the U....
National Clinical Decision Support Company (NDSC) has an exclusive deal with the American College of Radiology (ACR) to provide medical imaging appropriate use criteria (AUC).

National Clinical Decision Support Company (NDSC) has an exclusive deal with the American College of Radiology (ACR) to provide medical imaging appropriate use criteria (AUC). 

Feature | Clinical Decision Support | January 18, 2018
January 18, 2018 — Change Healthcare announced the acquisition of National Decision Support Company (NDSC), a leader
News | Clinical Decision Support | January 12, 2018
January 12, 2018 — GE Healthcare has entered into a strategic, long-term partnership with Roche to jointly develop an
ACR Appropriateness Criteria Adds and Revises Topics for December 2017
News | Clinical Decision Support | December 29, 2017
December 29, 2017 — Radiologists can enhance the quality and effectiveness of care with the newest release of the ACR
Mirada Medical and Optellum Debut AI-Based Lung Cancer Diagnosis Solution at RSNA 2017
News | Computed Tomography (CT) | December 14, 2017
Optellum, a high-tech startup in lung cancer and machine learning, and Mirada Medical recently announced a partnership...
Overlay Init