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Mary Washington Healthcare latest to outsource revenue cycle聽 | Healthcare Finance News
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charset=utf-8" /> <meta property="og:title" content="Mary Washington Healthcare latest to outsource revenue cycle " /> <meta property="og:description" content="Virginia-based health system has selected Ensemble, joining numerous other hospitals that are outsourcing some or all of rev cycle operations." /> <meta property="og:image" content="https://www.healthcarefinancenews.com/sites/healthcarefinancenews.com/files/Worker.computer.CecilieArcurs.jpg" /> <meta property="og:url" content="https://www.healthcarefinancenews.com/news/mary-washington-healthcare-latest-outsource-revenue-cycle" /> <meta property="og:site_name" content="Healthcare Finance News" /> <meta name="twitter:card" content="summary_large_image"> <meta name="twitter:site" content="@HC_Finance"> <meta name="twitter:title" content="Mary Washington Healthcare latest to outsource revenue cycle " /> <meta name="twitter:description" content="Virginia-based health system has selected Ensemble, joining numerous other hospitals that are outsourcing some or all of rev cycle operations." /> <meta name="twitter:image:src" content="https://www.healthcarefinancenews.com/sites/healthcarefinancenews.com/files/Worker.computer.CecilieArcurs.jpg" /> <script language="JavaScript" type="text/javascript" src="//sadmin.brightcove.com/js/BrightcoveExperiences.js"></script><script src="https://munchkin.marketo.net/munchkin.js" type="text/javascript"> </script> <script>mktoMunchkin("922-ZLW-292"); 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The nonprofit health system of 60 facilities announced it has selected Ensemble Health Partners for its revenue cycle management, joining numerous other hospitals that are opting to outsource some or all of revenue cycle operations. 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system-main"> <section class="col-sm-8 col-xs-12"> <a id="main-content"></a> <div class="region region-content"> <div id="block-system-main" class="block block-system block-system-main clearfix" > <div class="content"> <article id="node-145400" class="node node-news clearfix col-md-12 col-sm-12 col-xs-12" about="/news/mary-washington-healthcare-latest-outsource-revenue-cycle" typeof="sioc:Item foaf:Document" node="145400"> <header> <div class="created-topic"> <span class="submitted">Oct 07</span> <span class="topic">More on <a href="/resource-topic/revenue-cycle-management">Revenue Cycle Management</a></span> </div> <h1 class="node-title">Mary Washington Healthcare latest to outsource revenue cycle聽</h1> <h2 class="sub-header"> Virginia-based health system has selected Ensemble, joining numerous other hospitals that are outsourcing some or all of rev cycle operations. </h2> <div class="author col-md-12 col-sm-12 col-xs-12"> <div class="author-item col-md-12 col-sm-12 col-xs-12"> <div class="editor col-sm-8 col-xs-12"> <div class="author-inline "> <div class="avatar" style="background: url(https://www.healthcarefinancenews.com/sites/healthcarefinancenews.com/files/styles/avatar/public/Susan.jpg?itok=hQ4S6QUm) center 0;"> <a href="/news/author/82001"><img src="/sites/healthcarefinancenews.com/themes/hfn/images/circle-over.png"></a> </div> <span class="author-name"><a href="/news/author/82001">Susan Morse</a></span><span class="job-title"><strong>,</strong> Executive Editor</span> </div> </div> <div class="social-media col-sm-4 col-xs-12"> <script type="text/javascript"> var addthis_share = { // ... other options url_transforms : { shorten: { twitter: "bitly" } }, shorteners : { bitly : {} }, passthrough : { twitter: { via: "HC_Finance" } } } </script> <script type="text/javascript">var addthis_config = {"data_track_addressbar":false};</script> <!-- Go to www.addthis.com/dashboard to customize your tools --> <script type="text/javascript" src="//s7.addthis.com/js/300/addthis_widget.js#pubid=ra-536be1326a353683" async="async"></script> <!--<div class="addthis_custom_sharing"></div>--> <div class="addthis_sharing_toolbox" data-url="https://www.healthcarefinancenews.com/news/mary-washington-healthcare-latest-outsource-revenue-cycle"></div> </div> </div></div> </header> <div class="content" > <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><div class="companion_image companion_top"><img typeof="foaf:Image" src="https://www.healthcarefinancenews.com/sites/healthcarefinancenews.com/files/styles/companion_top/public/Worker.computer.CecilieArcurs.jpg?itok=7q_E8fdw" width="635" height="353" alt="" /><div class="image-field-credits"><p>Photo: Cecilie聽Arcurs/Getty Images</p> </div></div><p>Mary Washington Healthcare in Virginia is outsourcing its revenue cycle operations.</p> <p>The nonprofit health system of 60 facilities announced it has selected Ensemble Health Partners for its <a class="directory-item-link" href="/directory/revenue-cycle-management" target="_blank">revenue cycle management</a>, joining numerous other hospitals that are opting to outsource some or all of revenue cycle operations.聽</p> <p>Increasing yield and reducing cost to collect are among the reasons hospitals outsource their RCM, said Ensemble Health Partners CTO Grant Veazy, in an <a href="https://www.healthcarefinancenews.com/video/epic-and-ensemble-partnership-optimizes-revenue-cycle" target="_blank">interview</a> with<em> Healthcare Finance News</em> in May.</p> <p><strong>WHY THIS MATTERS</strong></p> <p>Sixty-three percent of hospital and health system leaders have pursued at least one outsourcing solution, with revenue cycle functions being the top choice, according to Kaufman Hall's 2022 State of Healthcare Performance Improvement <a href="https://www.kaufmanhall.com/insights/research-report/2022-state-healthcare-performance-improvement-report" target="_blank">report</a>.</p> <p>Ensemble has also partnered with Carilion Clinic, Tower Health, Beebe Healthcare and Tallahassee Memorial Healthcare for end-to-end revenue cycle management.聽</p> <p>In January, Ensemble Health Partners announced a <a href="https://www.healthcarefinancenews.com/video/epic-and-ensemble-partnership-optimizes-revenue-cycle" target="_blank">partnership with Epic</a> in the newly launched Epic Rev Cycle Partners program. The program is designed to help healthcare organizations optimize their use of Epic to improve revenue cycle outcomes.聽</p> <p>Several health systems have outsourced all or part of RCM through Conifer Health, including Adventist Health, Dartmouth Health and Novant Health. Optum has also taken on revenue cycle <a class="directory-item-link" href="/directory/operations" target="_blank">operations</a> for several health systems, including Allina Health, which reportedly transitioned 2,000 IT and revenue cycle employees to Optum.聽</p> <p><strong>THE LARGER TREND</strong></p> <p>Mary Washington Healthcare is a fully integrated, regional healthcare system that provides inpatient and outpatient care at over 60 facilities, including Mary Washington Hospital, a 471-bed tertiary hospital, Stafford Hospital, a 100-bed community hospital, and four emergency departments.</p> <p><strong>ON THE RECORD</strong></p> <p>"We are excited to partner with Ensemble and leverage their expertise and technological innovation in the revenue cycle industry," said Sean Barden, CFO at Mary Washington Healthcare. "This partnership supports our mission of improving the health of our community by providing the best medical care."</p> <p> 聽</p> <p><em>Email the writer: <a href="mailto:SMorse@himss.org">SMorse@himss.org</a></em></p> <div style="position: relative; display: block; max-width: 100%;"> <div style="padding-top: 56.25%;"> <iframe allow="encrypted-media" allowfullscreen="" src="https://players.brightcove.net/1824526989001/default_default/index.html?videoId=6362528500112" style="position: absolute; top: 0px; right: 0px; bottom: 0px; left: 0px; width: 100%; height: 100%;"></iframe></div> </div> </div></div></div> </div> <!-- <div id="show_all_comments"> <div class="header"> <span>Show All Comments</span> <img class="plus" src="/sites/healthcarefinancenews.com/themes/hfn/images/comment_plus.png" /> <img class="sub" src="/sites/healthcarefinancenews.com/themes/hfn/images/comment_sub.png" /> </div> <div class="comment-content" id="disqus-wrapper"></div> </div> --> <script type="text/javascript"> window.next_post_layout = 'default'; </script> <div class="related-content clear" class="col-md-12 col-sm-12 col-xs-12"> <div class="block webinars-block"> <div class="block-title">News</div> <div class="sliders"><div class="slide col-md-12 col-sm-12 col-xs-12" > <a target="" href="/news/healthcare-organizations-ask-hhs-delay-quality-measure-reporting-acos" title="Healthcare organizations ask HHS to delay quality measure reporting for ACOs"> <img class="thumbnail_300x134" typeof="foaf:Image" src="https://www.healthcarefinancenews.com/sites/healthcarefinancenews.com/files/styles/thumbnail_300x134/public/QualityReportingJoseLuisPelaez.jpg?itok=cAwVos3P" width="300" height="134" alt="Healthcare organizations ask HHS to delay quality measure reporting for ACOs" /> <span class="title">Healthcare organizations ask HHS to delay quality measure reporting for ACOs</span> </a> <span class="webinar-teaser">The American Hospital Association and American Medical Association are among the 11 organizations signing the letter.</span> </div><div class="slide col-md-12 col-sm-12 col-xs-12" style="display: none;"> <a target="" href="/news/ending-racism-healthcare-often-begins-medical-education-and-target-new-national-project" title="Ending racism in healthcare often begins with medical education - and is the target of a new national project"> <img class="thumbnail_300x134" typeof="foaf:Image" src="https://www.healthcarefinancenews.com/sites/healthcarefinancenews.com/files/styles/thumbnail_300x134/public/black_patient_doc_vaccine_FG%20Trade_Getty%20Images.jpg?itok=hUCNSPlz" width="300" height="134" alt="Ending racism in healthcare often begins with medical education - and is the target of a new national project" /> <span class="title">Ending racism in healthcare often begins with medical education - and is the target of a new national project</span> </a> <span class="webinar-teaser">Inequities can be found in every facet of the industry, but targeting medical students and residents can help stem the tide.</span> </div> </div> </div><div class="clear"></div></div> </article> <!-- /.node --> </div> </div> </div> </section> <aside class="col-xs-12 col-sm-4 col-md-4" role="complementary"> <div class="stickySpacer"> <div class="region region-sidebar-second"> <div id="block-multiblock-47" class="block block-multiblock block-enterprise-ads block-enterprise-ads-ads_box_right1-instance block-multiblock-47 clearfix" > <div class="block-title"><none></div> <div class="content"> <div id="ads_box_right1" class="enterprise-ads enterprise-ads-box" data-slot="box" data-pos="right1"></div> </div> </div><div id="block-multiblock-49" class="block block-multiblock block-enterprise-ads block-enterprise-ads-ads_box_mobile_mobi_box2-instance block-multiblock-49 clearfix" > <div class="block-title"><none></div> <div class="content"> <div id="ads_box_mobile_mobi_box2" class="enterprise-ads enterprise-ads-box-mobile" data-slot="box_mobile" data-pos="mobi-box2"></div> </div> </div><div id="block-multiblock-48" class="block block-multiblock block-enterprise-ads block-enterprise-ads-ads_box_right2-instance block-multiblock-48 clearfix" > <div class="block-title"><none></div> <div class="content"> <div id="ads_box_right2" class="enterprise-ads enterprise-ads-box" data-slot="box" data-pos="right2"></div> </div> </div><div id="block-multiblock-16" class="block block-multiblock block-block block-block-36-instance block-multiblock-16 clearfix" > <div class="content"> <div class="subscribe-block"> <h3>Breaking News. 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