Massachusetts Radiology Group Turns toMcKesson for Revenue ManagementOctober 20, 2011 |
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Billing, compliance and reporting services position practice for success ATLANTA – Oct. 20, 2011 —Newton-Wellesley Radiology Associates is the latest radiology group in Massachusetts using McKesson’s market-leading Revenue Management Solutions (RMS) to boost financial performance, increase transparency and prepare for ICD-10. With the industry’s most robust radiology billing and compliance solutions as well as extensive business intelligence capabilities, RMS’s technology and services are designed to help radiology practices grow revenue, control costs and stay abreast of regulatory requirements. The group selected RMS’s billing and coding services to help accelerate reimbursements, improve reporting capabilities and educate physicians on ways to ensure coding compliance. With 26 specialized radiologists, Newton-Wellesley Radiology needed a billing partner it could trust to work successfully with local payers. "McKesson RMS’s ability to provide physicians with documentation and coding education, including a perspective on the impending ICD-10 coding transition, was the primary reason we chose to partner with the team," said Edgar Casado, MD, a partner with the practice. "We also like the detailed operational and compliance data provided by RMS’s web-based reporting tools. This level of financial transparency and practice insight is vital today, given the growing regulatory scrutiny all providers face from outside auditors." McKesson RMS provides outsourced billing to radiology practices that collectively account for more than 35 million procedures annually in the state of Massachusetts. RMS is the nation’s leading provider of medical billing and revenue management services, supported by a team of more than 4,000 experienced revenue cycle professionals. "McKesson’s strength in the Massachusetts radiology billing market places us in an excellent position to help large, long-standing practices like Newton-Wellesley meet the challenges of today’s healthcare market," said Pat Leonard, senior vice president and general manager, McKesson Revenue Management Solutions. "We look forward to using our knowledge of local payers and provider communities to help more organizations in the region optimize their business performance." About Newton-Wellesley Radiology Associates About McKesson PR ContactYancey Casey |
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