Panacea Healthcare Solutions Expands Nationwide Medicaid Eligibility Program as the Cornerstone of its Patient Financial Advocacy Services

ST. PAUL, Minn., April 11, 2025 /PRNewswire/ -- Panacea Healthcare Solutions proudly announces the nationwide expansion of its Medicaid Eligibility Program. This initiative builds on the longstanding success of a program developed by KA Consulting, a respected name in healthcare financial services acquired by Panacea in 2024.

The Medicaid Eligibility Program is designed to help hospitals qualify self-pay patients for appropriate Medicaid coverage, reducing uncompensated care and enhancing financial performance. The program has been a trusted resource for hospitals in the Northeast for over 25 years, with a proven track record of improving revenue capture and easing administrative burden.

Hospitals that have implemented the program have seen a 13% increase in Medicaid revenue by removing enrollment barriers and streamlining patient qualification processes. Moreover, incorporating KA's Virtual Eligibility Counselor technology into the workflow has the potential to drive an 18% overall increase in Medicaid revenue—delivering both operational efficiency and improved patient outcomes.

As part of the nationwide expansion, Panacea is offering a complimentary webinar "Navigating Medicaid Changes: The Role of Presumptive Eligibility in Changing Times on April 16^th at Noon ET to help hospitals understand how to optimize Medicaid eligibility processes. The webinar will outline key compliance considerations, workflow improvements, and case studies demonstrating the program's effectiveness.

"As hospitals continue to face financial pressures from rising costs and shrinking reimbursements, the ability to identify and assist eligible self-pay patients is more critical than ever," said Kevin Chmura, CEO of Panacea Healthcare Solutions. "By pairing KA Consulting's highly regarded eligibility program nationwide with Panacea's Drug Assistance Program and Price Transparency products, such as our Good Faith Estimate tool, we are assisting patients choose the best provider of the care they seek and helping them get the financial assistance they need."

The newly expanded national program is supported by a dedicated team of onsite and remote Medicaid specialists who work in close collaboration with hospital registration, patient access, and financial services departments. The approach is both patient-focused and results-driven, ensuring individuals receive the benefits they qualify for while helping hospitals secure reimbursements they would otherwise forfeit.

George Kelley, President of the KA Consulting Division at Panacea, emphasized the program's impact: "This is more than just financial recovery—it's about helping patients navigate a complex system and receive the support they need. Our team's knowledge of federal and state-specific Medicaid eligibility criteria, along with our relationships at the hospital level, allows us to deliver exceptional results. With Panacea's resources and national reach, we can now bring that success to hospitals across the country."

Click here to register for the webinar or visit Panacea Healthcare Solutions to learn more about the Medicaid Eligibility program. 

About Panacea Healthcare Solutions
Panacea Healthcare Solutions provides comprehensive financial, revenue integrity, and clinical services and software to healthcare organizations nationwide. With a strong focus on innovative solutions and measurable results, Panacea helps hospitals and health systems improve financial performance, ensure compliance, and enhance patient care.

SOURCE Panacea Healthcare Solutions