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.
In addition, Cogent HMG has invited Jonathan Bush, Chairman and CEO of athenahealth, to join the Cogent HMG Innovation (CHI) Committee. This Committee was created to help foster new ideas around health care innovation and is comprised of respected industry thought-leaders, academics, insurers, and executives from Cogent HMG.“Cogent HMG is a national leader in inpatient care excellence. Beyond impressive growth and a track record of quality patient outcomes, they’re innovative and proactive about streamlining administrative processes,” said Mr. Bush. “Our expanded partnership with Cogent HMG will enable them to focus on care, quality and growth initiatives while we take the lead on improving practice performance. We’re committed to helping all our customers increase profitability and decrease the hassles associated with billing and practice management.” “I’m equally honored to have been asked to join a committee that is embracing what athenahealth has long advocated—the use of technology solutions to disrupt and transform the status quo in health care.” About athenahealth athenahealth, Inc. is a leading provider of cloud-based business services for physician practices. athenahealth’s service offerings are based on proprietary web-native practice management and electronic health record ( EHR) software, a continuously updated payer knowledge-base, integrated back-office service operations, and care coordination services. For more information, please visit www.athenahealth.com or call (888) 652-8200. About Cogent HMG Cogent HMG is the nation’s largest private hospitalist company, partnering with more than 120 hospitals across the country to build and manage high-performing hospitalist and intensivist programs. Through our management and consulting services, Cogent HMG focuses on relentlessly improving efficiency and quality of inpatient care, by supporting hospitalists and intensivists with technology and operational infrastructure, a coordinated clinical care team, data-driven processes, rigorous ongoing training and experienced leadership. Founded by physicians who were pioneers of the hospital medicine industry, the company is dedicated to the advancement of the field by setting best practices and through its established national mentoring program, Cogent HMG Academy™. For more information, visit www.cogenthmg.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50386306&lang=en