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Emeryville, CA, June 17, 2008
– MedeFinance (Mede), the leading healthcare analytics company, announced
its most recent expansion of advanced analytics solutions at Orlando Health
to include Self Pay Analytics Solutions for outpatient physicians groups.
Orlando Health, a $1.5 billion not-for-profit health care organization,
has been a progressive user of Mede’s full suite of advanced analytics
solutions and services since 2004. With the adoption of Mede Self Pay
Analytics for Hospital Patient Accounts in 2005, Orlando Health has experienced
significant success with the ability to screen self pay accounts for charity
care and public assistance programs while also reducing bad debt write-offs
and increasing self pay collection rates.
“Mede’s analytics have brought so much benefit, both operationally and
financially, to Orlando Health’s revenue cycle operation, that it only made
sense to expand these services to our employed physicians groups,” said Orlando
Health VP of Revenue Management Keith Eggert. “The ability to identify, organize,
and prioritize self pay accounts will be a huge benefit to our 300+ billable
providers in Orlando Health’s physician and professional services. Ultimately
this ability to segment and manage accounts benefits our patients.”
“We are very proud of the successful partnership with Orlando Health, a
premier not-for-profit health care organization in Florida,” stated Mede
CEO Mike Gallagher. “For over four years we have continued to expand our
services and solutions and contribute to Orlando Health’s operational and
financial performance, as well as its highly respected patient experience.”
Mede provides Orland Health with advanced performance analytics solutions
that include Revenue Cycle, Denial, Self Pay, Benchmarking, and Collector
Performance Analytics.
Orlando Health
is a $1.5 billion not-for-profit health care organization and a
community-based network of nine hospitals and care centers in the Orlando region.
The organization, which includes the area’s only Level One Trauma Centers for
adults and pediatrics, is a statutory teaching hospital system that offers both
specialty and community hospitals. Orlando Health’s areas of clinical
excellence are heart and vascular, cancer care, neurosciences, surgery,
pediatric orthopedics and sports medicine, neonatology, and obstetrics and
gynecology. Orlando Health serves 1.6 million Central Florida residents and
nearly 3,000 international patients annually. Additionally, Orlando Health
provides approximately $198 million in support of community health needs.
More information can be found at
www.orlandohealth.com.
Mede
is transforming healthcare by achieving advanced outcomes for its clients through
a unique combination of performance intelligence solutions and deep healthcare
expertise. Mede provides a full suite of customizable solutions for advanced
financial, operational and clinical performance. These analytics solutions are
delivered through Mede’s Web-hosted analytics platform and are enhanced by
healthcare-specific client teams to ensure speed to sustainable value.
Over 700 healthcare organizations in the U.S. and U.K. have experienced quick
ROI from Mede solutions with low total cost of ownership. The company has been
recently recognized by Inc. Magazine as one of the 500 most rapidly growing
privately-held companies in the United States. To find out more about Mede,
visit www.medefinance.com.
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