Community Health Network of Indianapolis Selects MedeFinance Self-Pay(TM) Analytics.OAKLAND, Calif. -- Emeryville-based MedeFinance, the leading provider of on-demand business analytics with client services for healthcare providers and health plans, has contracted to implement its Self-Pay Analytics solution at Indianapolis-based Community Health Network, a leading not-for-profit health system that ranks among the 100 most integrated healthcare delivery networks in the nation. Four facilities in the network including Community Hospital East, Community Hospital North, Community Hospital South, and The Indiana Heart Hospital will use Mede's Self-Pay Analytics application to maximize collections and reduce bad debt for uninsured, under-insured, co-payment, and deductible That which may be taken away or subtracted. In taxation, an item that may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes). patient accounts. "Mede's Self-Pay Analytics will help us focus on the most collectible self-pay accounts to maximize our efforts where there is the highest opportunity to receive payment," said Charles Meadows, vice president of the revenue cycle for Community Health Network. "We systematically evaluated several leading market solutions and selected MedeFinance because it was the most robust solution and best-matched to the needs of CHN CHN China CHN Chain CHN Canadian Health Network CHN Coalition on Human Needs CHN California Homeschool Network CHN Cleveland Housing Network CHN Center for Human Nutrition CHN Carbon, Hydrogen, Nitrogen CHN Community Health Nurse . Self-Pay Analytics will improve the quality of financial information needed for key decision making at the start of the revenue cycle process, and the advanced segmentation capabilities will classify clas·si·fy tr.v. clas·si·fied, clas·si·fy·ing, clas·si·fies 1. To arrange or organize according to class or category. 2. To designate (a document, for example) as confidential, secret, or top secret. patients who need some level of charity care so we can help them apply for assistance at the point of admission." "Community Health Network is taking a comprehensive approach to managing their self-pay receivables by implementing Self-Pay Analytics both at the point of service and in the business office prior to collections," stated Jim Quist, Executive Chairman of Mede. "This combination of front-end screening and back-end segmentation will significantly impact the network's bottom line." About MedeFinance Mede is the leading provider of on-demand business analytics with client services to help healthcare providers and health plans improve performance. The company is recognized for delivering innovative services that create sustainable value Sustainable Value Sustainable Value is an approach to measure and manage sustainability performance. The concept was developed by researchers who are working today for Queen's University Belfast through advanced, adaptive analytics, an instantly available IT environment and unparalleled client services. The company serves over 700 healthcare providers in the U.S. and U.K., including Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. , Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. Corp., Partners HealthCare Partners HealthCare is a non-profit organization that owns several hospitals in Massachusetts, primarily in the Boston area. Massachusetts General Hospital and Brigham and Women's Hospital founded the organization in 1994. , and The Cleveland Clinic Cleveland Clinic (formally known as the Cleveland Clinic Foundation) is a multispecialty academic medical center located in Cleveland, Ohio, USA. Cleveland Clinic was established in 1921 by four physicians for the purpose of providing patient care, research, and medical . To find out more about MedeFinance, visit www.medefinance.com. |
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