GREENWOOD VILLAGE, Colo., May 6 /PRNewswire/ -- Recondo Technology, a leading provider of revenue cycle solutions for the healthcare industry, announced today that York Memorial hospital in York, Pennsylvania, has selected SurePayHealth to streamline the hospital's revenue cycle. SurePayHealth verifies patient eligibility; confirms insurance plan details including current deductibles, co-payments and co-insurance; and accurately calculates patient financial responsibility prior to or at point of service. Memorial selected SurePayHealth to access real-time information on each patient's health plan matched to every detail of the hospital's contract with the designated payers. Memorial Hospital recently went live with Recondo in the Emergency Department, Surgical Services and the Imaging Department.
"SurePayHealth enables Memorial staff to educate patients about patient responsibility prior to service," said Chris Stottlemyer, Director of Patient Accounting. Staff will be prepared to collect payments prior to service being rendered. SurePayHealth will also assist the hospital to identify patients who may require financial assistance through Memorial's Financial Hardship Program. The goal is to collect these amounts prior to service so patients can concentrate on their health and not be surprised down the road. Also, it's not the hospital's intention to delay or cancel services, but rather provide education and information so important in today's environment.
"York Memorial will be a superior partner for Recondo," said Rick Adam, Recondo Founder and CEO. "The hospital has a vision for the future and is assertive at carrying out that vision."
About Memorial Hospital
Memorial Hospital, located in York, Pennsylvania and a subsidiary of Memorial Health Systems, is a premier medical center striving to enhance the health and wellbeing of the York community. Our philosophy has remained the same since our inception in 1945: devotion to personalized and quality health care. From our Family Birth Center to the Heart Center at Memorial, we continue to improve our facilities, integrate new technologies into our operation and elevate the level of care throughout York County. The Memorial Family of Health Services includes Memorial Hospital, Greenbriar Medical Center, HomeCare of York, Industrial Resource Center, Memorial Primary Care, Surgical Center of York, and White Rose Hospice.
About Recondo Technology
Recondo Technology delivers powerful software services that connect patients, providers, and payers across the spectrum of US healthcare. Recondo services bring efficiencies and cost savings to healthcare payment processing, which currently costs US healthcare a staggering $375 billion in annual expense. Recondo services automate the revenue cycle and payment cycle, from pre-scheduling to adjudication, with virtually no manual intervention.
SurePayHealth® offers an accurate statement of patient financial responsibility at Point of Service, verifying patient identity, eligibility, and benefits, and accurately calculating the patient fee. After activating SurePayHealth, hospitals increase cash collections by tens of thousands of dollars every month.
EligibilityPlus™ gives hospitals the most complete view of government and commercial patient insurance benefits available in the industry. With a complete understanding of insurance benefits, hospitals immediately identify specific coverage, simplify patient registration workflows, reduce claim rework, and assess patient liability.
Authorization-Denial Prevention (Auth-DP™) increases cash flow by reducing a hospital's costly payer denials. Auth-DP identifies precertification requirements and authorization at the front of the revenue cycle, increasing authorization coverage and reducing denials by as much as 75 percent. Omni278™ offers hospitals an easy-to-implement service for delivering the required admission notification to UnitedHealthcare. Omni278 accepts admission data in a variety of forms, including an electronic file, an email message, a phone call, or a fax. Omni278 converts this information into a 278 transaction and submits it electronically.
Recondo services are Software as a Service (SaaS), requiring no capital budget and no additional hardware or software installation. Recondo services are developed using high-speed, high-volume rules-based processing, giving hospitals unmatched and immediate access to real-time data. Visit Recondo Technology at www.recondotech.com.
Recondo and SurePayHealth are registered trademarks of Recondo Technology. EligibilityPlus, Auth-DP, Omni278, Financial Medical Record, Patient Resource Management, and Powered by Recondo are trademarks of Recondo Technology. All other trademarks and registered trademarks are the property of the respective trademark holders.
SOURCE Recondo Technology