News | May 09, 2012

Compliance assistance, reporting capabilities expected to boost financial results

May 9, 2012 —Radiology Associates of Fox Valley (RAFV) in Neenah, Wisc., has elected McKesson Revenue Management Solutions (RMS) to help the group modernize its revenue cycle operations and navigate rapid changes in the healthcare billing and coding environment.

The 33-physician practice will benefit from McKesson’s industry-leading billing services and compliance program as well as its in-depth knowledge of the Wisconsin payer market. Combining RMS’s automated data collection and compliance capabilities with its radiology-specific coding expertise is expected to help RAFV improve its financial performance and help to reduce regulatory risk.

“Like a lot of practices, we’re facing strong headwinds in today’s radiology market,” said Monica Nichter, RN, MSN, practice administrator of RAFV. “Developing a long-term strategic relationship with McKesson RMS will help us weather these challenging times. We’re particularly excited about McKesson’s ability to support the complex billing process for interventional radiology, which is an important component of our practice.”

RMS will help the group stay current with the latest regulatory requirements, while improving coding accuracy rates and minimizing lost revenues. With more oversight and auditing of the charge capture process, the group expects to reduce denials, improve cash collections and mitigate regulatory risk. In addition, RAFV’s strategic decision-making will be enhanced with web-based reporting tools designed to enable real-time analysis of operational and financial data down to the patient level.

“We will get immediate access to vital information on the performance of our practice, from accounts receivables and compliance to staff productivity,” added Nichter. “With that level of insight and transparency, we’re equipped to face the challenges ahead.”

McKesson RMS is the nation’s leading provider of medical billing and practice management services, supported by a team of more than 4,000 experienced revenue cycle professionals. The services are designed to help radiologists receive the correct reimbursement and minimize risk. “Radiology billing is highly complex and growing even more so under changing regulations,” said Pat Leonard, senior vice president and general manager, McKesson Revenue Management Solutions.

“Radiologists can benefit from the expertise that a full-service company like McKesson can provide. We are well-positioned to help organizations like RAFV adapt to the current healthcare environment while making preparations to protect the financial health of their practices into the future.”

For more information: visit http://foxvalleyradiology.com


Related Content

News | Radiation Oncology

July 10, 2026 — A new study led by researchers at the Icahn School of Medicine at Mount Sinai found that although the ...

Time July 10, 2026
arrow
News | PACS

July 8, 2026 — Freeland Systems, a cloud PACS and clinical imaging software company, has launched its new customer ...

Time July 10, 2026
arrow
News | Interventional Radiology

June 25, 2026 — Radiologists performing no interventional radiology-related (IR-related) work increased from one-third ...

Time June 25, 2026
arrow
News | Artificial Intelligence

June 15, 2026 — HOPPR recently announced that HOPPR AI Foundry is now available in AWS Marketplace. The availability ...

Time June 19, 2026
arrow
News | Digital Pathology

June 15, 2026 — Leica Biosystems is expanding the availability of its Aperio GT Elite digital scanner into the EMEA ...

Time June 15, 2026
arrow
News | Imaging Software Development

June 10, 2026 — DeepHealth, Inc., a wholly owned subsidiary of RadNet, has launched Reporting Pro, an AI-powered ...

Time June 12, 2026
arrow
News | Radiation Oncology

April 27, 2026 — Radiation oncologists from across the country were in Washington in late April to warn lawmakers that ...

Time May 04, 2026
arrow
News

April 30, 2026 — The American College of Radiology has congratulated Nicole B. Saphier, MD, on her nomination to be ...

Time April 30, 2026
arrow
News | Artificial Intelligence

April 20, 2026 — DeepTek, provider of the Augmento platform and deepc, the company behind deepcOS, have introduced a ...

Time April 23, 2026
arrow
News | Computed Tomography (CT)

April 2, 2026 — Nano-X Imaging Ltd. recently announced its U.S.-based subsidiary, Nanox Impact Inc., has signed a new ...

Time April 08, 2026
arrow
Subscribe Now