The following hospitals and healthcare companies inked revenue cycle services contracts in the past month.
1. UnitedHealth's Optum takes over Quest Diagnostics' billing processes
UnitedHealth Group's revenue cycle management arm, Optum, has struck a 10-year deal with lab giant Quest Diagnostics.
2. Tenet's Conifer contracted for RCM at 11 WellStar hospitals
Dallas-based Tenet Healthcare's revenue cycle subsidiary, Conifer Health Solutions, started serving six additional WellStar Health System hospitals.
3. Zotec to provide RCM services for Tennessee anesthesia group
Zotec Partners entered into an exclusive revenue cycle management agreement with MMC Anesthesia Group, which is based at MethodistMedicalCenter in Oak Ridge, Tenn.
4. Zotec to provide RCM services for Texas orthopedic center
Zotec Partners, entered into an exclusive revenue cycle management agreement with Reconstructive Orthopedic Center of Houston.
5. Layoffs expected as Providence Health Center transfers billing services
Employees at Providence Health Center in Waco, Texas, face layoffs as the organization turns many back office duties, including billing and bill collecting, over to Chicago-based Accretive Health.
6. Baxter Regional signs Medical Asset Management for real-time coding updates
Medical Asset Management, a healthcare consulting firm based in Atlanta, signed an agreement with BaxterRegionalMedicalCenter in Mountain Home, Ark., to install apps that update staff to coding changes and monitor inventory.
7. University Health Care System picks RightPatient technologies
Augusta, Ga.-based University Health Care System implemented RightPatient biometric patient identification technologies to improve patient safety, data integrity and revenue cycle management.
8. Munster radiology taps McKesson for RCM
Munster (Ind.) Radiology Group selected McKesson Business Performance Services to strengthen its customer and patient billing services as part of a comprehensive revenue cycle management agreement.
9. Cabell contracts with PMMC for denial management services
Cabell Huntington (W.Va.) Hospital selected PMMC's CONTRACT PRO for contract and denial management.