Navigant Cymetrix Selected to Implement Revenue Cycle Management for University of Alabama at Birmingham Health System
August 09 2016 - 7:30AM
Business Wire
Navigant Cymetrix, a leader in end-to-end revenue cycle
solutions, today announced it was selected by University of Alabama
at Birmingham (UAB) Health System on behalf of itself and its
members (collectively referred to as “UABHS”) to manage revenue
cycle operations.
This collaborative, seven-year agreement covers physician and
hospital revenue cycle operations and is intended to provide value
and consistency across the health system. Revenue cycle management,
which encompasses administrative and business office functions
associated with the processing and payment of medical claims, will
be streamlined. The initial phase of the program includes UAB
Hospital and centralized clinics of University of Alabama Health
Services Foundation, UABHS’ faculty practice plan, involving more
than 1,000 physicians across the state. Implementation planning
begins in August 2016 and services are scheduled to go live
beginning October 1, 2016.
“Navigant and UABHS have a long history of working together in
the areas of performance improvement and revenue cycle and we are
proud to collaborate to manage the revenue cycle with quality and
customer service as key areas of focus,” said David Zito, Managing
Director and Navigant healthcare segment leader. “Our end-to-end
revenue cycle management solutions will help UABHS reach full
potential from its revenue cycle.”
As the healthcare industry transitions to a value payment model,
Navigant Cymetrix offers UABHS the ability to consolidate revenue
cycle workflows, to better integrate functions, to improve
processes, and to collect more effectively.
“The collaboration between UABHS and Navigant Cymetrix offers
several advantages, including economies of scale, consistency of
services and the ability to quickly respond to industry changes,”
said Reid Jones, chief operating officer for UABHS. “Most
importantly, we believe our patients will appreciate the benefits
inherent in the new streamlined and simplified processes.”
As part of its suite of comprehensive revenue cycle management
solutions, Navigant Cymetrix effectively and efficiently manages
the revenue cycle performance of its healthcare provider clients
through its extended business office services, including accounts
receivable management, payer account follow up, and self-pay
account resolution.
Navigant Cymetrix is recognized with industry accolades for its
solutions, including receiving the Best in KLAS Award for
excellence in extended business office services in 2015/2016, 2013
and 2012. It is also one of only five firms recognized as MAP Keys
Compliant by Healthcare Financial Management Association
(HFMA).
About Navigant Cymetrix
Navigant Cymetrix, a wholly owned subsidiary of Navigant
Consulting, Inc., provides healthcare organizations and physician
practices with comprehensive revenue cycle management solutions.
Its solutions have the flexibility to accommodate the specific
needs of each client and are designed to achieve high revenue cycle
performance with a seamless process integrating Patient Access
Services, Revenue Integrity Services, Health Information Management
and Patient Financial Services. More information about Navigant
Cymetrix can be found at navigantcymetrix.com.
About Navigant
Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global
professional services firm that helps clients take control of their
future. Navigant’s professionals apply deep industry knowledge,
substantive technical expertise, and an enterprising approach to
help clients build, manage and/or protect their business interests.
With a focus on markets and clients facing transformational change
and significant regulatory or legal pressures, the Firm primarily
serves clients in the healthcare, energy and financial services
industries. Across a range of advisory, consulting, outsourcing,
and technology/analytics services, Navigant’s practitioners bring
sharp insight that pinpoints opportunities and delivers powerful
results. More information about Navigant can be found at
navigant.com.
About UABHS
UAB Health System manages the operations of the University of
Alabama at Birmingham’s patient-care activities and 2,300 licensed
beds, including UAB Hospital — the third-largest public hospital in
the United States, winner of the Women's Choice award, and one of
U.S. News and World Report's Best Hospitals. UAB is the state of
Alabama’s largest single employer and an internationally renowned
research university and academic health center; its professional
schools and specialty patient-care programs are consistently ranked
among the nation’s top 50. UAB is the largest academic medical
center in Alabama and one of the top four largest academic medical
centers in the United States. UAB’s Center for Clinical and
Translational Science is advancing innovative discoveries for
better health as a two-time recipient of the prestigious Center for
Translational Science Award. Find more information at www.uab.edu
and www.uabmedicine.org.
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version on businesswire.com: http://www.businesswire.com/news/home/20160809005387/en/
Aaron MilesNavigant Investor Relations312.583.5820orMegan
MaupinNavigant Corporate Communications312.583.5703orBob ShepardUAB
University Relations205-934-8934
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