July 26, 2011 – Kootenai Imaging has chosen McKesson revenue management solutions (RMS) to position the practice for sustained growth, including preparing for ICD-10 coding changes and tracking physician quality reporting indicators. With 13 physicians and two imaging centers serving hospitals in northern Idaho, Kootenai Imaging will benefit from McKesson RMS’s advanced business intelligence services and industry-leading compliance programs.
Traditionally, radiology practices in the region have relied on smaller, local billing companies for revenue management. In the face of increasingly complex market conditions, practices there and across the country are turning to national vendors like McKesson RMS with a robust portfolio of resources and services to help meet their radiology billing and revenue cycle needs.
“We outgrew our previous billing vendor and needed a partner with a strong focus on business analysis and the ability to guide us through upcoming regulatory changes like ICD-10,” said Scott Venera, practice administrator, Kootenai Imaging. “McKesson RMS’s reputation and bench strength in radiology revenue management makes it the right partner for us.”
Strategic decision-making at the practice will be enhanced with Web-based business intelligence and reporting tools designed to enable real-time analysis of financial data down to the patient level. In addition, McKesson RMS’s compliance team can help Kootenai Imaging address compliance regulations and manage complex coding and documentation requirements.
“The McKesson RMS team is working with us not only to address our current needs but also to help us stay ahead of market changes that could affect the long-term financial health of our practice,” Venera added.
McKesson RMS is a provider of medical billing and practice management services that is supported by a team of more than 4,000 experienced revenue cycle professionals. The services are designed to help radiologists optimize reimbursement, minimize risk and increase revenue in order to keep more of what they earn.
For more information: www.mckesson.com