Provider Advantage Awarded Contract to Provide Real-time Insurance Eligibility Verification for Altru Health System
Altru Health System selects Provider Advantage's VeriLink to access real-time eligibility data from Medicare, Medicaid and commercial health plan insurance data to confirm patients' eligibility at the point of service and to determine financial responsibility before the patient is admitted. This will dramatically improve cash flow operations, reduce exposure to uncompensated care, and facilitate the collection of co-pays and deductibles at the time of service, without adding additional work to the registration staff.
Beaverton, OR (PRWEB) January 28, 2005 -- Provider Advantage NW, Inc., a
national provider of automated, integrated real-time healthcare information
software, announced today that Altru Health System has selected VeriLink to
verify healthcare insurance eligibility.
This agreement provides Altru
Health System access to real-time patient eligibility and benefit information,
allowing easy identification of what the patient’s portion will be for services
rendered. Altru Health System, an integrated health system located on a 90-acre
campus in Grand Forks, North Dakota, serves 200,000 residents in NE North Dakota
and NW Minnesota and employs over 3,000 health professionals.
Using
Provider Advantage’s automated, integrated, real-time eligibility verification
service, VeriLink, Altru Health System will have access to Medicare, Medicaid,
and commercial health plan insurance data, to confirm patients’ eligibility at
the point of service and to determine financial responsibility before the
patient is admitted. This will dramatically improve cash flow operations, reduce
exposure to uncompensated care, and facilitate the collection of co-pays and
deductibles at the time of service, without adding additional work to the
registration staff. In addition, verifying eligibility through VeriLink will
lower administrative costs and increase patient satisfaction.
Provider
Advantage’s President, Ted Tomkins, shared his enthusiasm for the addition of
Altru Health System to Provider Advantage’s growing customer base. “It is
encouraging to see organizations like Altru Health System with their combined
medical center and clinic operations, recognizing the need to fully automate and
integrate insurance eligibility verification at the point-of-service. We are
confident that by using VeriLink, Altru Health System will obtain complete and
accurate patient insurance, demographic and financial information before the
service is rendered and will be able to optimize reimbursement. We welcome Altru
Health System into the Provider Advantage family.”
“We selected Provider
Advantage as our real-time, automated, integrated eligibility verification
vendor because of their reputation for exemplary product support, their skill in
establishing collegial working relationships with their clients, their superior
technical leadership, and the product’s ability to integrate seamlessly with
Affinity HIS,” said Sue Olson, Supervisor, Patient Accounts Representatives.
“Provider Advantage’s other customers encouraged our decision based on Provider
Advantage’s support of VeriLink and VeriLink’s ability to be tailored to our
business requirements. We believe VeriLink will have significant impact on our
goal to streamline the registration process, increase up-front collections and
eliminate redundancy when checking for eligibility.”
About Provider
Advantage:
Since 1991, Provider Advantage NW, Inc. has been providing
innovative products and services to access real time healthcare data. Provider
Advantage develops, markets, installs, and supports electronic data interchange
(EDI) technologies that allow organizations to obtain, utilize, and manage
insurance data to generate operational efficiencies and improve cash flow.
Conforming to the needs of each customer, Provider Advantage’s products and
services enable organizations to optimize revenues by establishing
responsibility for healthcare services. For more information, contact Provider
Advantage NW at (800) 203-5465 or visit www.provider-advantage.com.
About Altru Health
System:
Altru Health System is an award-winning health system with
headquarters on a 90-acre medical campus in Grand Forks. It was created July 1,
1997, when the Grand Forks Clinic and United Health Services integrated. At
Altru Health System, over 3,400 employees, 220 physicians, and 400 volunteers
work as a team for the benefit of each patient.
Altru provides care from
seven locations in Grand Forks and 13 regional clinics to serve approximately
224,000 residents of northeastern North Dakota and northwestern Minnesota.
Facilities include a 232-bed acute care hospital, a 34-bed rehabilitation
facility, a free-standing cancer center, and a 172-unit retirement living
facility.
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Source : http://www.prweb.com/releases/2005/1/prweb202106.htm