CMA Partners with Athenahealth to Help Physicians Increase Revenue and Lower Operating Costs
CMA Partners with Athenahealth to Help Physicians Increase Revenue and Lower Operating Costs
[Posted 03/30/06]
CMA has partnered with Athenahealth—a leading revenue management company—to help physicians get paid quickly, correctly, and with minimal hassle. CMA members receive 6 percent off Athenahealth’s unique web-based practice management services, which includes eligibility verification, claims submission, and insurance collection.
Athenahealth has even developed a “Prompt Payment Robocop,” to help physicians take full advantage of California’s prompt-payment law. The system monitors every claim, calculates interest when a claim has not been paid on time, and flags the unpaid claim for follow-up.
“Athenahealth’s leading technology will make it possible for physicians and medical groups to increase revenue, dramatically reduce delays, and make practice operations and claims processing more efficient,” says Nileen Verbeten, vice president of CMA’s Center for Economic Services.
Athenahealth is the only revenue management service for physicians that integrates work flow, billing, and collections into a single web-based service. This HIPAA-compliant system was developed by former medical practice managers who have a thorough understanding of the business problems facing physicians in California. Athenahealth has the largest real-time database of payor rules and regulations in the country—a database that helps prevent billing problems before they result in denied claims and lost cash flow. Because it’s a web-based service, every time a new rule or feature is added, your practice benefits immediately.
CMA endorsed Athenahealth’s award-winning solution after an
extensive review of its software and services, lengthy discussions with California customers, and independent confirmation of the company’s unusually high user satisfaction rate. On average, practices that use Athenahealth’s revenue cycle management service get paid 30 percent faster and see a 5 to 10 percent increase in collections.
Group practices are eligible for the member discount only if all of the physicians are CMA members.
Contact: Jodi Prychun, 916/551-2863 or jprychun@cmanet.org.
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