February 10, 2011 – Radiology Associates of South Florida, one of the nation’s largest radiology practices, has selected McKesson’s Revenue Management Solutions (RMS) service. The practice will use RMS to help grow revenue, control costs and reduce regulatory risks.
“Like other practices, we are faced with decreased reimbursement, increased regulation and a growing number of coding changes,” said Dennis Wiseman, executive director, Radiology Associates of South Florida, whose 66 physicians handle more than 700,000 procedures each year. “By partnering with McKesson, we get the benefit of its advanced business management and proven expertise in working with practices like ours. Knowing that the business side of our practice is in good hands, our physicians can continue to concentrate on providing the best patient care possible.”
The company’s RMS group is the nation’s leading provider of medical billing and revenue management services, and is supported by a team of more than 4,000 revenue cycle professionals.
Key factors in RASF’s decision included the use of a dedicated account manager to provide personalized financial analysis, performance assessments and updates on regulatory and compliance changes. Strategic decision-making at the practice will be enhanced with Web-based business intelligence and reporting tools, which are designed to enable direct access to the group’s financial data.
“The growing complexity of documentation and coding can leave radiology practices vulnerable to costly errors and regulatory challenges,” said Pat Leonard, senior vice president and general manager, McKesson Revenue Management Solutions. “With the industry’s largest number of certified coders, we can help innovative practices like Radiology Associates of South Florida minimize risk, optimize revenue and improve patient care.”
For more information: www.mckesson.com/radiologyservices
News | February 10, 2011