Roughly five months after Savannah, Ga.-based Memorial University Medical Center partnered with a revenue management company, its revenue collections improved by 8 percent, according to a Savannah Morning News report.
MUMC CEO Margaret Gill said the boosted collections are helping the hospital achieve its goal of increasing revenues by $15 million this year by addressing revenue cycle issues, according to the report.
Through the first eight months of 2011, MUMC has also seen its total patient revenues up $6.5 million from last year, and its patient volume is also up by roughly 7 percent.
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MUMC CEO Margaret Gill said the boosted collections are helping the hospital achieve its goal of increasing revenues by $15 million this year by addressing revenue cycle issues, according to the report.
Through the first eight months of 2011, MUMC has also seen its total patient revenues up $6.5 million from last year, and its patient volume is also up by roughly 7 percent.
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