Providence Healthcare Network Selects XactiMed’s Revenue Cycle Solution

DALLAS, Jan. 21 /PRNewswire-FirstCall/ -- XactiMed, a provider of claims, remittance and denial management revenue cycle solutions to the healthcare industry, today announced Texas-based Providence Healthcare Network will implement its claims processing and management revenue cycle solution product suite.

“XactiMed has an outstanding product for revenue cycle management,” said Jay Scherler, Providence Healthcare Network’s Vice President of Business and Support Services. “In seeking a new electronic claims software vendor one of our key priorities was improved customer service and client communication. XactiMed has a proven track record with their current customers in this area, along with undeniable financial improvements in the revenue cycle, making XactiMed the choice for Providence. XactiMed’s system includes a revenue cycle workflow component allowing us to improve productivity and effectiveness, and their advanced remittance reporting allows us to effectively analyze payer reimbursement.”

Darin LeGrange, XactiMed’s President and Chief Executive Officer, said, “XactiMed prides itself on providing superior customer service with its revenue cycle solution. Having that contribute to Providence Healthcare Network’s decision to go with XactiMed speaks to our effort to provide the best client care service in the industry. We look forward to a successful implementation with Providence.”

Located in Waco, Texas, the Providence Healthcare Network provides a full range of care including outpatient care, inpatient care, emergency services, long-term care, mental health care, chemical dependency treatment, child care and senior adult care services. Founded in 1905, the healthcare network consists of the Providence Health Center, Home Care, the DePaul Center, Providence Park, Clinics, the Providence Foundation and the Providence Health Alliance. Providence is a member of, and sponsored by, Ascension Health. For more information, visit http://www.providence.net/ .

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, orjmeehan@xactimed.com