AcuStream and UHC to Assist Academic Practice Community in Revenue Cycle Management

GREAT FALLS, Va. and OAK BROOK, Ill., June 28 /PRNewswire/ -- AcuStream, LLC (AcuStream) and the University HealthSystem Consortium (UHC) today announced that they have entered into a partnership to deliver a cobranded version of AcuStream's RevBuilder™ service to UHC's members. RevBuilder uses a patent pending rules-based engine to automate the identification of reimbursable missed charges.

"UHC is an outstanding strategic partner for AcuStream, bringing a combination of deep health care industry knowledge and extensive experience in the development of data-driven management tools for its members," said Steven Schneider, president and chief executive officer of AcuStream. "We are confident about the numerous benefits as well as opportunities for synergies that this alliance will offer to the academic practice community," added Schneider.  

"This strategic alliance leverages the complementary competencies of AcuStream and UHC to provide focused value to physician organizations, hospitals, and health systems. In today's rapidly changing economic environment, ensuring proper reimbursement for all billable services is critical," said Bob Browne, senior director of UHC's group practice program. "Members already sending their professional fee billing data to UHC can immediately utilize this service to capture previously lost revenue," Browne added.

About AcuStream

AcuStream, LLC is a health care software and services company based in Great Falls, Virginia that offers web-based solutions to healthcare providers.  AcuStream's solutions provide unique insight into providers patient charge data and recaptures lost revenue due to missed charges without requiring investments in new enterprise software or requiring significant changes to the way they do business. 

AcuStream was founded in 2007 with a mission to help make its health care clients more efficient and profitable so they could focus on their primary goal of providing quality healthcare to their patients. AcuStream has a management team and advisory board with substantial operating experience in data technology, business services and healthcare. For more information, visit www.acustream.com.  

About UHC

The University HealthSystem Consortium (UHC), formed in 1984, is an alliance of 107 academic medical centers and 232 of their affiliated hospitals, representing approximately 90% of the nation's nonprofit academic medical centers. UHC offers its members specific programs and services to improve clinical, operational, financial, and patient safety performance.

The mission of UHC is to advance knowledge, foster collaboration, and promote change to help members succeed in their respective markets. Each year, UHC presents its Quality Leadership Award to academic medical center members that demonstrate excellence in delivering high-quality care, as measured by the UHC Quality & Accountability Study. For more information, visit www.uhc.edu.

SOURCE AcuStream, LLC