Community Memorial Health System Selects Cymetrix as Its New Revenue Cycle Outsourcing Partner
IRVINE, Calif., Feb. 13, 2013 /PRNewswire/ -- Cymetrix, a national leader in providing healthcare organizations and hospital-affiliated physician practices with comprehensive revenue cycle management solutions and consulting services, today announced a partnership with Community Memorial Health System (CMHS) to provide end-to-end revenue cycle management solutions.
In an ongoing effort to improve revenue cycle performance and the patient experience, CMHS selected Cymetrix to replace its existing revenue cycle outsourced vendor. With expanded scope, Cymetrix will assume responsibility for the management and functional oversight of CMHS's patient access services, health information management and patient financial services, as well as its revenue integrity program.
"We were looking for a partner that could help CMHS achieve greater revenue capture and operational efficiencies while providing excellent customer service to the communities we serve," said David Glyer, Community Memorial Health System CFO. "We selected Cymetrix due to their collaborative approach that leverages best practices and innovative technology with vast revenue cycle expertise."
"We are proud to partner with CMHS to help support their mission by exceeding the expectations of the communities they serve," said Michael Halberda, Cymetrix president and CEO. "Our comprehensive solutions and proprietary technology will optimize CMHS's revenue cycle performance and maximize yield while providing the data insights necessary to address healthcare reform changes related to reimbursement."
About Community Memorial Health System
Community Memorial Health System is a not-for-profit health system, which is comprised of Community Memorial Hospital, Ojai Valley Community Hospital, and eleven family-practice health centers entitled Centers for Family Health. The health system is located in Ventura County, California.
Cymetrix (www.cymetrix.com) is a comprehensive revenue cycle management company providing healthcare organizations and hospital-affiliated physician practices with end-to-end revenue cycle solutions and consulting services that deliver sustained improvement in performance and profitability. A privately held Delaware Corporation, Cymetrix has corporate headquarters in Irvine, Calif., and business processing centers in Los Angeles, Dallas, and Nashville. Cymetrix's equity partner is Riordan, Lewis & Haden, a private equity investment company based in Los Angeles.
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