Conifer Health and Dartmouth-Hitchcock Health Expand Relationship
June 24 2019 - 10:31AM
Business Wire
Alice Peck Day Memorial Hospital adopts Conifer
for comprehensive RCM Services
Continued collaboration yields improved patient
experience and financial/operational results
Conifer Health Solutions today announced a new revenue cycle
management (RCM) agreement with Alice Peck Day Memorial Hospital
(APD), a member of Dartmouth-Hitchcock Health (D-HH) based in
Lebanon, New Hampshire. The addition of APD further expands the
number of facilities benefitting from end-to-end RCM services that
Conifer Health has provided to hospitals and clinics within the
D-HH integrated health system.
“Conifer continues to elevate the strategic value of revenue
cycle management by consistently delivering on key performance
metrics. Their expertise helps D-HH maintain the firm financial
footing to realize our vision for a sustainable health system that
will serve New Englanders for generations to come,” said Dan
Jantzen, chief financial officer for D-HH. “As D-HH and APD work to
connect people throughout New Hampshire and Vermont to the
thriving, integrated care community they expect, we rely on Conifer
to deliver the high-quality patient financial experience they
deserve.”
Since initiated in late 2016, the relationship between D-HH and
Conifer Health has yielded important financial results for the
health system including a 4.5 percent basis point improvement in
operating margins and a 26 percent reduction in A/R days
outstanding. Conifer Health will provide patient access, enrollment
and eligibility, coding and accounts receivable management services
at APD and has demonstrated their ability to enhance patient
satisfaction and revenue capture, reduce denials and improve
overall cash flow and operating margins across the system. APD is
the second D-HH system member to adopt Conifer Health for
comprehensive RCM services, following Cheshire Medical Center which
engaged the company in November 2017.
“We are proud to continue our successful collaboration with
Dartmouth-Hitchcock Health and to support their efforts to create
stronger, more integrated relationships with member hospitals and
providers throughout the region,” said Stephen M. Mooney, president
and CEO of Conifer Health. “The impact of our work extends beyond
improved margins, reduced costs and more efficient operations. As
part of the community, we have also made a commitment to bring the
highest quality service to patients and their families whenever and
wherever they access care.”
About Conifer Health Solutions
Conifer Health Solutions brings more than 30 years of healthcare
industry expertise to clients in more than 135 local regions
nationwide to help strengthen their financial and clinical
performance, serve their communities and succeed at the business of
healthcare. Conifer Health helps organizations transition from
volume to value-based care, enhance the consumer and patient
experience and improve quality, cost and access to healthcare.
Annually, the company manages more than 24 million unique patient
interactions, more than $30 billion in net patient revenue and more
than $21 billion in medically managed spend. Conifer Health also
provides population health management analytics and services for
nearly 6 million lives. For more information, visit
ConiferHealth.com or follow @ConiferHealth on Twitter.
About Dartmouth-Hitchcock Health
Dartmouth-Hitchcock Health (D-HH) is a nonprofit academic health
system that serves a population of 1.9 million across northern New
England. D-HH provides access to more than 1,500 primary care
doctors and specialists in almost every area of medicine,
delivering care in Lebanon, New Hampshire, at its flagship,
Dartmouth-Hitchcock Medical Center; the Dartmouth-Hitchcock Norris
Cotton Cancer Center, one of only 49 NCI-designated Comprehensive
Cancer Centers in the nation; the Children's Hospital at
Dartmouth-Hitchcock; member hospitals in Lebanon, Keene, and New
London, New Hampshire, and Windsor, Vermont, and through the
Visiting Nurse and Hospice for Vermont and New Hampshire; and at 24
Dartmouth-Hitchcock clinics that provide ambulatory services across
New Hampshire and Vermont. The D-HH system trains nearly 400
residents and fellows annually and performs cutting-edge basic,
translational and clinical research.
.About Alice Peck Day Memorial Hospital
Since 1932, Alice Peck Day Memorial Hospital (APD) has been the
community hospital of the Upper Valley, delivering high-quality
health care in a friendly environment where patients come first.
Today, APD has more than 100,000 patient encounters from
communities throughout New Hampshire and Vermont. Long-known for
providing highly personalized care, APD also offers a wide range of
specialized services which include orthopaedic surgery,
neurosurgery, pain management, primary and family care, senior
care, and women’s care. Outpatient services moved into the
Multi-Specialty Clinic in the fall of 2017, continuing our
commitment to improving the delivery of patient care. Through APD’s
affiliation with Dartmouth-Hitchcock Health, we affirm our
commitment to creating a sustainable health system to improve the
lives of the people and communities we serve for generations to
come.
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version on businesswire.com: https://www.businesswire.com/news/home/20190624005432/en/
Sharon Lakes 469-803-3654 Sharon.Lakes@ConiferHealth.com
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