24 Apr Compass Health Systems Selects Meridian Medical Management for Robotic Automation to Improve Revenue Cycle Management Efficiency
Multi-state behavioral and medical services provider plans to use robotics to enhance revenue cycle and patient care while decreasing costs
Windsor, CT – April 24, 2018 (GLOBE NEWSWIRE)– Meridian Medical Management today announced that Compass Health Systems, a behavioral and medical services organization, has selected Meridian Robotics for its 162 providers across three states – Florida, South Carolina and Colorado. Initially chosen for its ability to automate the revenue cycle and help the organization reduce costs, Compass Health Systems also plans to use Meridian’s technology to streamline and improve the efficiency and accuracy of patient care.
“Compass Health Systems believes in the integration of a spectrum of interventions and the interdisciplinary collaboration of clinicians,” said Sandy Washburn, senior vice president of operations at Compass Health Systems. “It is a complex system with many moving parts. Meridian has tremendous depth and experience in the market, with a history of innovation. We believe Meridian’s technology, particularly its robotics, will enable us to manage all of the services we offer our patients more efficiently and effectively, and will easily scale with us as we grow.”
One of the first applications of Meridian Robotics will be to improve the ability to compile information about patients and prepare a quick summary before the physician steps into the room with the patient. Currently this information is gathered by staff in a time-consuming, manual process which leads to some physicians carrying paperwork for up to 40 patients. Meridian Medical Management will enable this process to be automated, freeing staff for higher-value work while reducing costs and ensuring physicians have the information they need to treat and build a stronger relationship with their patients.
“Today’s healthcare organizations must find ways to improve the efficiency of their operations to meet their financial challenges, while still maintaining quality care and patient service,” said Rob Gontarek, president and CEO of Meridian Medical Management. “This is what Meridian Medical Management does for organizations throughout the U.S. We look forward to helping them reduce their costs, increase efficiency, and deliver better care to their patient populations.”
For more than 20 years, Meridian Medical Management has supported independent medical groups and leading academic medical centers, helping them realize new revenue sources. It combines technology, analytics, lean processes, and services to improve the billing function for its customers. Meridian Robotics works to increase revenues by improving consistency and speed of collection efforts.
Meridian Robotics connects disparate systems including practice management systems, electronic health records, and health plan operating systems, automating routine but labor-intensive functions while interacting with systems in the same way as humans. Each robot process is 100 percent repeatable, reliable and accurate, freeing resources to focus on alternate activities that can increase revenue.
About Compass Health Systems
Compass Health Systems is focused on becoming the recognized leader in comprehensive behavioral and medical services. Its holistic approach attempts to enhance the development of health coping skills, adaptive mechanisms, and behavioral modifications aimed toward impacting the psychosocial outcomes of acute and chronic illness, stressful lifestyles, complex social norms and mores, the aging process, debility, conflicting demands of one’s social roles, and dysfunctional interactive patterns. Compass Health Systems delivers primary care, ambulatory, and in-patient services through 10 offices with more than 160 providers in Florida, South Carolina, and Colorado, and owns its own pharmacy and laboratory services. It maintains affiliations with approximately 50 hospitals and nearly 80 nursing homes and assisted living facilities. For more information, visit www.compass-md.com.
About Meridian Medical Management
Meridian Medical Management, a portfolio company of The Gores Group, is a leading provider of revenue cycle, business intelligence, electronic medical record (EMR) and system integration services for large, multi-specialty physician groups and academic practice plans. Leveraging over two decades of experience, Meridian’s team of professionals provides revenue cycle performance, business intelligence and practice growth to some of the most prestigious medical groups in the country. For more information, please visit www.m3meridian.com.
For more Information regarding Meridian Medical Management and the Revenue Acceleration Program and other Meridian companies inclusive of PrecisionBI and Origin Healthcare Solutions, follow us on LinkedIn and Twitter.
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