Banner Health Adds Cerner’s Revenue Cycle Management
July 16 2020 - 9:00AM
Banner Health and Cerner Corporation® (NASDAQ: CERN), a global
health care technology company, have expanded their relationship to
implement an end-to-end, comprehensive suite of revenue cycle
management solutions, building on a multi-year, long-standing
strategic alignment using health care technology to drive
population health improvement. The revenue cycle integration is
designed to streamline and simplify the clinician and patient
experience across Banner Health’s entire system, including 28
hospitals and clinics in six states.
“An essential strategy for accelerating our solution
capabilities is collaborating with leading health systems,” said
Don Trigg, president, Cerner. “Banner Health is pushing
strategically to make revenue cycle management a core competency
for both the health care financing models of today and tomorrow.
This next phase of work offers both organizations an exciting
opportunity to set a new industry standard.”
To successfully manage business today, health systems need
clinical, financial and operational data that works together.
Cerner’s clinically-drive revenue cycle solution uses a common,
single and integrated platform designed to help improve savings,
cost-effectiveness and build a healthier bottom line for health
systems.
Banner Health will integrate Cerner’s registration, scheduling,
patient billing, practice management solutions and transaction
services with its existing EHR on the Cerner Millennium® platform.
This integration between revenue cycle and clinical systems will
help connect a patient’s clinicals and financials to one single
view across the health system ultimately streamlining billing
operations and improving the overall patient experience. Cerner’s
open platform also offers a way to more easily integrate
third-party applications to help meet Banner Health’s specific
needs.
“After comprehensive planning and alignment between our two
organizations, we are confident that teaming with Cerner to achieve
a fully integrated revenue cycle platform will meet our business
needs now and into the future,” said Dennis Laraway, CFO, Banner
Health. “Building on our past successful collaborations with
Cerner for mainly clinical applications, adoption of their revenue
cycle management solution is now a critical next step to streamline
both clinical and financial solutions for our patients across the
entire Banner Health enterprise.”
This expansion is expected to better position Banner Health to
flexibly adapt to new payment structures, more quickly adjust to
policy and compliance changes, better coordinate single
registration between acute and ambulatory services and centralize
single-source patient charting and reporting across multiple care
locations.
“The integrated approach housed within Cerner Millennium
supports a more efficient and cost-effective approach for our
providers and enhances the patient care experience as their health
information easily follows them across the Banner Health continuum
of care,” said Laraway.
About Cerner
Cerner Corporation’s health technologies connect people and
information systems in thousands of contracted provider facilities
worldwide dedicated to creating smarter and better care for
individuals and communities. Recognized globally for innovation,
Cerner assists clinicians in making care decisions and assists
organizations in managing the health of their populations. The
company also offers an integrated clinical and financial system to
help manage day-to-day revenue functions, as well as a wide range
of services to support clinical, financial and operational needs,
focused on people. For more information,
visit Cerner.com, The Cerner Blog or connect
on Facebook, Instagram, LinkedIn, Twitter or The
Cerner Podcast. Nasdaq: CERN. Health care is too
important to stay the same.
About Banner Health
As one of the largest nonprofit health care systems in the
country, the team at Banner Health is committed to providing
high-quality, safe health care services, supported by sophisticated
technology platforms to operate its business. Headquartered in
Phoenix, Banner Health owns and operates 28 hospitals and an array
of other services, including: Banner Imaging, Banner Telehealth and
Banner Urgent Care. Banner employs nearly 3,000 physicians and
advanced practice providers to support its outpatient clinic
operations across six-states, including Arizona, Colorado, Wyoming,
Nevada, California and Nebraska, and also operates two academic
medical centers in Phoenix and Tucson Arizona. Team members
are dedicated to protecting the health and safety of patients, be
it a routine checkup, elective surgery, or an urgent/emergent
health service. Waiting room and employee workstation layouts
maintain proper social distancing; screenings are conducted at
hospital entrances to verify that all employees and visitors are
well; and, all Banner physicians are equipped to visit patients
remotely. Learn more about Banner's commitment to safety
at bannerhealth.com/safecare.
Media Contacts:
CernerStephanie Greenwood, Public Relations,
(816) 201-2137, stephanie.greenwood@cerner.com
Banner HealthMedia Team,
media@bannerhealth.com, (602) 747-3080.
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