Riverside Medical Center Chooses Concuity’s ClearContracts™ Revenue Cycle Management Solution

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HAYWARD, Calif., October 14, 2003- Concuity, a trusted provider of revenue cycle management solutions for the healthcare industry, today announced that Riverside Medical Center; Kankakee, Illinois has signed an agreement to use Concuity’s ClearContracts™ Revenue Cycle Management Solutions. “We are pleased to add Riverside Medical Center to our rapidly growing list of customers, said Robert E. Watson, president and CEO of Concuity, it further proves the fact that healthcare organizations are losing revenue and are actively searching for partners with solutions and expertise to aggressively combat the problem.” Riverside Medical Center, in Kankakee, IL and part of the Rush Health System based in Chicago, has outsourced underpayment identification and recovery to Concuity and will have access to the ClearContracts system for executive-level performance reporting. “Concuity’s solution set is exactly what we were looking for, says Bill Douglas, CFO and Treasurer for Riverside Medical Center. We found Concuity’s delivery model to be extremely flexible, allowing us to meet our aggressive revenue objectives without having to increase resources or go through an extensive IT implementation. Having the impressive expertise in Concuity’s Revenue Recovery Services team actually managing the technology solution and subsequent collections, allows us to focus on making proactive alterations in our existing workflow as identified by the comprehensive performance reporting we will be accessing via the ClearContracts system.”

Part of the Rush System for Health, Riverside Medical Center has been serving the health care needs of the families of Kankakee, Ford, Grundy, Iroquois, Livingston, and Will counties since 1964. Today, their medical center has grown to a 336-bed, multi-service, not-for-profit medical facility that offers a full scope of inpatient and outpatient care, and supports a staff of nearly 200 physicians.

Concuity, offers industry-leading solutions to increase hospital revenue by identifying and correcting payer non-compliance issues in the contract revenue cycle. Founded in 2000 by a group of healthcare industry visionaries, Concuity improves its customers’ bottom lines by delivering technology and service solutions to create and negotiate better contracts, ensure accurate implementation and compliance, and collect what’s owed. Clients include Sutter Health, Stanford Hospitals and Clinics, Covenant Health System, St. Joseph’s Health System and Providence Health System. Concuity is headquartered in Hayward, Calif., with offices throughout the U.S. For more information, call 866-342-4636 or visitwww.concuity.com.

Published Oct. 14th 2003 at 1:30 pm.

News Source : Riverside Medical Center Chooses Concuity’s ClearContracts™ Revenue Cycle Management Solution