athenahealth, Inc. (NASDAQ: ATHN), a leading provider of cloud-based electronic health record ( EHR), practice management, and care coordination services to medical groups and health systems, today announced that, together with MedOasis, it will provide an anesthesia-specific billing solution that combines athenahealth’s best-in-class claims processing capabilities with MedOasis’ anesthesia coding, charge-entry, contract management, and compliance knowledge and capabilities.
By combining the extensive anesthesia-specific coding, compliance, and insurance follow-up knowledge provided by MedOasis with athenaCollector®, athenahealth’s cloud-based practice management and medical billing offering, the market will gain access to a turnkey anesthesia billing solution complete with payor-specific rules that maximize first-pass claims adjudication for accelerated cash flow. This solution also addresses the payor-specific modifier complexities of anesthesia practices that employ CRNAS and share the same tax ID.
Jonathan Bush, CEO and chairman of athenahealth, said “We are constantly identifying new opportunities to grow our claims processing capabilities and to expand our ability to get physicians paid more and faster without having to do the heavy lifting. Through our work with MedOasis, we’re extending our footprint within anesthesia, a critical area in health care where athenahealth’s cloud-based services can help to dramatically offload billing and coding processes, so physicians can focus on patient care.”
“With athenahealth, we’re positioned better than ever to help anesthesia practices thrive, despite administrative complexities and industry pressures,” said Ken Condra, president and CEO of MedOasis. “We know anesthesia coding inside and out, as well as how to work effectively with insurance companies, recognize underpayments when they appear, and go the extra step to ensure that physicians earn what they’re owed for providing care. Our work with athenahealth is a natural extension of our expertise and the value we deliver to our customers.”For more information on solutions and services offered by MedOasis and athenahealth, please visit: http://www.athenahealth.com/our-services/athenaCollector/medical-billing.php. About athenahealth athenahealth, Inc. is a leading provider of cloud-based Best in KLAS electronic health record ( EHR), practice management, and care coordination services to medical groups and health systems. athenahealth’s mission is to be the most trusted service to medical care givers, helping them do well by doing the right thing. For more information, please visit www.athenahealth.com or call 888-652-8200. About MedOasis MedOasis is focused exclusively on helping anesthesia practices improve their income. This is done in both private practices and teaching environments by managing billing and collections and by providing practice management services. MedOasis’ mission is to improve health care delivery by enhancing the financial, operational and clinical performance of those we serve through the thoughtful application of creative, data-based intelligence.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts