MedeFinance (Mede), the leading healthcare analytics company, announced its most recent expansion of advanced analytics solutions at Orlando Health to include Self Pay Analytics Solutions for outpatient physicians groups.
Orlando Health, a $1.5 billion not-for-profit health care organization, has been a progressive user of Mede’s full suite of advanced analytics solutions and services since 2004. With the adoption of Mede Self Pay Analytics for Hospital Patient Accounts in 2005, Orlando Health has experienced significant success with the ability to screen self pay accounts for charity care and public assistance programs while also reducing bad debt write-offs and increasing self pay collection rates.
“Mede’s analytics have brought so much benefit, both operationally and financially, to Orlando Health’s revenue cycle operation, that it only made sense to expand these services to our employed physicians groups,” said Orlando Health VP of Revenue Management Keith Eggert. “The ability to identify, organize, and prioritize self pay accounts will be a huge benefit to our 300+ billable providers in Orlando Health’s physician and professional services. Ultimately this ability to segment and manage accounts benefits our patients.”
“We are very proud of the successful partnership with Orlando Health, a premier not-for-profit health care organization in Florida,” stated Mede CEO Mike Gallagher. “For over four years we have continued to expand our services and solutions and contribute to Orlando Health’s operational and financial performance, as well as its highly respected patient experience.”
Mede provides Orlando Health with advanced performance analytics solutions that include Revenue Cycle, Denial, Self Pay, Benchmarking, and Collector Performance Analytics.
Orlando Health is a $1.5 billion not-for-profit health care organization and a community-based network of nine hospitals and care centers in the Orlando region. The organization, which includes the area’s only Level One Trauma Centers for adults and pediatrics, is a statutory teaching hospital system that offers both specialty and community hospitals. Orlando Health’s areas of clinical excellence are heart and vascular, cancer care, neurosciences, surgery, pediatric orthopedics and sports medicine, neonatology, and obstetrics and gynecology. Orlando Health serves 1.6 million Central Florida residents and nearly 3,000 international patients annually. Additionally, Orlando Health provides approximately $198 million in support of community health needs. More information can be found at www.orlandohealth.com.
Mede is transforming healthcare by achieving advanced outcomes for its clients through a unique combination of performance intelligence solutions and deep healthcare expertise. Mede provides a full suite of customizable solutions for advanced financial, operational and clinical performance. These analytics solutions are delivered through Mede’s Web-hosted analytics platform and are enhanced by healthcare-specific client teams to ensure speed to sustainable value. Over 700 healthcare organizations in the U.S. and U.K. have experienced quick ROI from Mede solutions with low total cost of ownership. The company has been recently recognized by Inc. Magazine as one of the 500 most rapidly growing privately-held companies in the United States. To find out more about Mede, visit www.medefinance.com.