Under the contract, McKesson will deliver various services and capabilities to the group, including clinical documentation assistance, coding, claims management, denial management, business analytics, benchmarking and regulatory compliance, according to a news release.
Sasan Payvar, MD, president of Joliet Radiological, cited McKesson’s reputation among radiology groups in Illinois, as well as its depth of resources, when discussing why McKesson was chosen.
“We are particularly enthusiastic about McKesson’s ability to provide benchmarking information in key areas like reimbursement levels, compensation and RVUs [relative value units],” he said in a prepared statement. “Being able to make accurate comparisons in these and other categories from a local, regional and national standpoint will help us keep pace with the market and solidify our competitive position.”
More articles on finance and revenue cycle management:
Most ACA enrollees happy with coverage, but increasingly concerned about deductibles, premiums
Consumer advocate: Oregon price estimate pledge doesn’t protect all patients
Rowan Medicine joins value-based transformation initiative
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit