Wednesday, May 24, 2023
Conifer Health Solutions, a leading provider of comprehensive Physician Revenue Cycle Management (PRCM) outsourced services, announces an extended partnership with Northwest Community Healthcare, part of the NorthShore University HealthSystem since January 2021.
“We are grateful for yet another opportunity to deliver top notch RCM services to this growing organization,” says Matthew Bayley, MD, group president, Conifer PRCM. “We know this long-standing partnership will continue to generate value to Northwest Community Healthcare.
This contract extension is based on an established 21-year collaborative partnership with NorthShore with their five hospitals. As Northwest Community joins the growing system, Conifer has added their physicians to the most current agreement. With the most recent acquisition of Edward Elmhurst, the system now includes a total of 9 hospitals.
This increases Conifer Health Solutions’ reach in Chicagoland. As part of the NorthShore System, the total practice has 3,000+ physicians and 6,000+ providers as part of their physician’s group. NorthShore selected Conifer Health Solutions because of their established track record with NorthShore including success in RCM business intelligence, excellent reporting and best practice performance. More specifically they increased and accelerated collections, reduced days in A/R, reduced initial denial rate, reduced no response A/R and expanded coding services.
“Northwest Community Healthcare is excited to begin this extended, long term RCM collaboration with Conifer Health,” says Cynthia LaCourt, assistant vice president, revenue cycle operations and business support NorthShore University Health System. “We fully expect a continued positive relationship benefiting both organizations and securing the financial health of our physician practice organization.”
About Conifer Health Solutions
Conifer Health Solutions, LLC, a subsidiary of Tenet Healthcare Corporation, brings 35 years of healthcare industry expertise to help health systems and physician practices address their most pressing revenue cycle challenges. The company offers tech-enabled end-to-end and point solution revenue cycle services that enhance the patient experience, drive operational efficiency, and improve financial outcomes. Annually, Conifer Health manages 17+ million unique patient interactions, more than $25 billion in net patient revenue and $22.6+ billion in medically managed spend. Conifer Health also provides value-based care services focused on population health management and financial management services for more than five million lives. For more information, visit ConiferHealth.com.