DALLAS, July 6 /PRNewswire/ -- XactiMed, a provider of claims, remittance and denial management revenue cycle solutions to the healthcare industry, today announced Pennsylvania-based Altoona Regional Health System will use its revenue cycle solutions for electronic claims processing and claims management.
Cloyd Beers, Altoona Regional Health System’s Business Office Director, said Altoona selected XactiMed due to XactiMed’s revenue cycle solution capabilities and their customer support philosophy.
“Altoona Hospital’s recent merger with Bon Secours - Holy Family Hospital, forming the Altoona Regional Health System, exposed us to XactiMed’s revenue cycle solutions and we are thrilled with everything we have seen,” said Beers. “Holy Family was using XactiMed’s revenue cycle solutions prior to the merger, and as a result of Holy Family’s previous experience with XactiMed, and our own due diligence regarding XactiMed and other vendors, we decided to implement XactiMed as our revenue cycle solution provider for the entire health system. Through our evaluation process we found XactiMed to have the most dynamic and results driven product available, as well as having a great reputation for customer service and support.”
Darin LeGrange, XactiMed’s President and Chief Executive Officer, said, “This is an exciting time for the newly formed Altoona Regional Health System, and XactiMed is proud to be associated with them. We look forward to working closely with the Altoona Regional Health System to ensure that our products and services are utilized to their fullest potential. The goal is to assist Altoona Regional in optimizing their revenue cycle processes producing results in the form of a higher clean claims rate, decreased AR and increased cash flow -- impacts our solution has proven to produce.”
About Altoona Regional Health System
The Altoona Regional Health System, based in Altoona, Pennsylvania, was formed in November 2004. The system is comprised of the Altoona Hospital Campus, Bon Secours - Holy Family Hospital Campus and more than 20 health system affiliated companies totaling more than 511 licensed hospital beds. Altoona Regional serves more than 20 counties in Central Pennsylvania. For more information please visit http://www.altoonaregional.org .
About XactiMed
XactiMed provides web-based revenue cycle solutions and outsourcing services to the healthcare industry. XactiMed’s claims, remittance and denial management solutions improve efficiency and effectiveness across the revenue cycle resulting in improved financial performance for the hospitals we serve. Based in Dallas, Texas, XactiMed was founded by DT Nguyen in 1998. XactiMed is a private company backed by Buena Venture Associates, L.P., an investment fund founded by Sid R. Bass, and Lee M. Bass Inc., of Fort Worth, Texas.
Contact Us
For more information on XactiMed and its advanced revenue cycle solutions for the healthcare industry, please contact Jon Meehan (214) 382-3503 or jmeehan@xactimed.com . You can also visit the XactiMed Web site at http://www.xactimed.com .
XactiMed
CONTACT: Jon Meehan of XactiMed, +1-214-382-3503, or jmeehan@xactimed.com
