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/C O R R E C T I O N -- MedeAnalytics/
Jul 27, 2010 (11:07 AM EDT)
In the news release, Saint Barnabas Health Care System Selects MedeAnalytics Patient Access Intelligence Solution, issued 27-Jul-2010 by MedeAnalytics over PR Newswire, we are advised by the company that the second paragraph, first sentence, should read "...providing our patients with an improved registration experience and greater transparency..." rather than "...providing our patients with an efficient registration experience and full transparency..." as originally issued inadvertently. The complete, corrected release follows:
Saint Barnabas Health Care System Selects MedeAnalytics Patient Access Intelligence Solution
Solution automates the entire patient access process to enable excellent 'patient financial care'
EMERYVILLE, Calif., July 27 /PRNewswire/ -- MedeAnalytics, a leading provider of healthcare performance management solutions, today announced that the Saint Barnabas Health Care System (SBHCS) has selected MedeAnalytics Patient Access Intelligence solution to automate the complete patient access process of the health system.
"The MedeAnalytics platform will enable superior patient financial care by providing our patients with an improved registration experience and greater transparency regarding their medical coverage," said Jay Picerno, executive vice president and chief financial officer. "In addition to the patient satisfaction benefits, we expect that automating and eliminating many of the manual registration procedures will reduce bad debt, increase cash collections and streamline our overall patient access processes."
"We are pleased that the SBHCS has selected our Patient Access Intelligence solution to address its strategic, operational and financial goals regarding patient service," said MedeAnalytics Chief Executive Officer Mike Gallagher. "Providing counsel and education to patients prior to service is reflective of SBHCS's continuing leadership in meeting the healthcare needs of the communities it serves."
MedeAnalytics' Patient Access Intelligence solution has been proven to drive significant improvement in point-of-service cash collections and reductions in bad debt. The solution includes patient payment estimation, charity care screening, financial counseling, demographic validation, insurance eligibility verification, registration error QA, patient payment risk segmentation and healthcare credit scoring, Medicaid eligibility screening, payment capture, outstanding balance collection, and registration reporting and analysis in one comprehensive solution suite.
About Saint Barnabas Health Care System
Saint Barnabas Health Care System is the second largest private employer in New Jersey, with 19,600 employees, 4,750 physicians and 450 medical residents and interns. SBHCS provides treatment and services for more than two million patients each year: 225,000 inpatients and same day surgery patients, 450,000 Emergency Department patients, and over 1.5 million outpatients, and delivers over 17,000 babies annually.
Among SBHCS' nationally recognized services and facilities are: New Jersey's only certified burn treatment facility; world-class cardiac surgery services for adults; the state's oldest, most experienced center for heart transplants, ranked in top 10 by volume in the nation; New Jersey's only lung transplant program; two kidney transplant centers which are among the largest in the nation with 35 years of experience; six certified chest pain centers by the American Society of Chest Pain Centers; three Joint Commission-accredited Primary Stroke Centers, one Comprehensive state-accredited Stroke Center, and three state-accredited Primary Stroke Centers; one of the largest robotic surgery programs in the U.S.; and comprehensive cancer programs. For more information, visit http://www.saintbarnabas.com/.
Founded in 1994, MedeAnalytics enables healthcare organizations to improve clinical, financial and operational performance through on-demand analytics and client services. For hospitals and health systems, MedeAnalytics provides solutions to address revenue cycle, patient access, clinical operations, staff productivity, regulatory compliance, finance and accounting, and enterprise performance management. For healthcare payers, the company provides solutions for provider network management, medical management and operations. MedeAnalytics delivers business intelligence to over 800 healthcare organizations using a hosted, Software-as-a-Service (SaaS) model, which reduces up-front costs and enables rapid implementation and exceptional time-to-value. For more information, visit www.medeanalytics.com.