This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cogent HMG Expands Partnership With Athenahealth To Accelerate Growth In National Hospitalist And Intensivist Sector

Stocks in this article: ATHN

The third graph of the release has been replaced.

The corrected release reads:

COGENT HMG EXPANDS PARTNERSHIP WITH ATHENAHEALTH TO ACCELERATE GROWTH IN NATIONAL HOSPITALIST AND INTENSIVIST SECTOR

athenahealth cloud-based services simplify practice management, medical billing and reimbursement to enable practices to focus on patient care and business performance goals

athenahealth, Inc. (NASDAQ: ATHN), a leading provider of cloud-based practice management, electronic health record ( EHR) and care coordination services, and Cogent HMG, a leader in hospital medicine and critical care, today announced an expanded partnership in which Cogent HMG will extend its use of athenahealth’s revenue cycle management service, athenaCollector®. This extended service will support Cogent HMG’s national growth and care quality goals by enabling its more than 1,000 hospitalists and intensivists across more than 100 hospitals to execute on care delivery while practice management is optimized.

The extended athenaCollector services will provide Cogent HMG with additional workforce and revenue cycle management workflow capabilities that were co-designed by athenahealth and Cogent HMG to streamline and maximize revenue collection. Backed by a unique combination of cloud-based services, technology and industry expertise, these services will introduce scale and efficiency across Cogent HMG’s administrative teams.

"As Cogent HMG continues to grow its national healthcare footprint, it is increasingly important for us to focus on core competencies," said John J. Donahue, President and CEO of Cogent HMG. "athenahealth facilitates seamless practice management across disparate care settings and has been able to increase the amount of revenue we collect and decrease the time it takes for a claim to be paid. Our vision is to leverage efficient processes and innovative technology as a means to keep physicians focused on delivering high quality care to patients while simultaneously improving physician satisfaction."

With athenaCollector, Cogent HMG has gained real-time insight into a broad range of business activities, including claim status, patient eligibility and payer monitoring. In addition, Cogent HMG has benefited from a proprietary rules database that not only monitors medical billing and practice management activity in real-time, but also flags mistakes and fixes them based on best practices and knowledge that is constantly advanced through input from all athenahealth customers. New areas of focus for athenaCollector services across the Cogent HMG network include:

  • Claim Resolution – Claim management throughout claim creation, submission and reimbursement.
  • Credentialing – Streamlined provider enrollment in payer processing systems.
  • Contract Management – Assurance that provider services delivered and reimbursements received are in alignment.
  • Patient Engagement for Self-Pay – Support to ensure patient responsibility of payment is known and accounted for.

“Our desire to innovate has always been a clear differentiator for Cogent HMG in hospital medicine and critical care and helps us to fulfill our commitment to help transform America’s health care system,” said Dr. Ron Greeno, Chief Medical Officer of Cogent HMG. “Our nation’s health system is strengthened by the automation of certain services, including those delivered by athenahealth, that return to us lost time and resources that can be applied to our areas of strength. Through this partnership, we are reimagining the primary role that technology can play to enhance provider-patient interactions for our hospital partners across the nation.”

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs