Lebanon, NH, October 08, 2015 --(PR.com
)-- PMMC, a leading healthcare revenue cycle management company, was selected by Dartmouth-Hitchcock to manage payer contracts for both its hospital and physician group.
Dartmouth-Hitchcock is New Hampshire’s only academic medical center with 396 licensed beds and 1,000 physicians.
“We needed a solution that could handle both our professional (physician) and technical (hospital) billing charges,” explained Lynn Guillette, Vice President of Finance, Payment Innovations at Dartmouth-Hitchcock. “We chose PMMC because their core contract management system was the best fit for our needs.”
The implementation of PMMC Contract PRO will allow Dartmouth-Hitchcock to accurately monitor contractual underpayments and model contracts to forecast reimbursement changes. Like many hospitals, Dartmouth-Hitchcock is facing the reality of its commercial payers moving towards a value-based reimbursement model, which means fast and accurate contract modeling is a must-have.
Dartmouth-Hitchcock is working through several system changes, including phasing out its legacy contract management system and implementing a primary health information system. PMMC Contract PRO will seamlessly interface with the system.
“PMMC has been flexible with the phased-in implementation and existing data feeds,” added Lynn Guillette. “Everything is still business as usual for us.”
PMMC Contract PRO manages complex payer contracts to accurately monitor and simulate expected reimbursements. By accurately calculating the expected reimbursement at the time of billing and comparing it to the posted payments and adjustments, PMMC Contract PRO pinpoints payment variances quickly and efficiently. Over 100 other hospitals across the U.S. currently use PMMC Contract PRO.
PMMC Physician PRO pinpoints payment variances by accurately calculating the expected reimbursement at the time of billing and comparing it to the posted payments and adjustments. PMMC Physician PRO correctly all physician-oriented contractual rates and terms for all payers including Medicare, Commercial and Managed Care.
PMMC provides industry leading revenue cycle solutions to more than 400 hospitals and 21,400 physician clients. By finding additional cash and creating more efficient workflow processes, PMMC helps healthcare providers improve their margins so they can focus on serving their patients. PMMC is a Microsoft-certified provider and earned the Healthcare Financial Management Association (HFMA) Peer Review designation for its Contract PRO and Estimator PRO solutions, meeting an objective third-party assessment of overall effectiveness, quality, and value. For more information, visit www.PMMConline.com.