St. Joseph Medical Center Selects McKesson for Revenue Management Services

To enable its network physicians to better focus on patient care while addressing operational and revenue challenges, St. Joseph Medical Center has selected McKesson’s Revenue Management Solutions (RMS) group to manage its medical billing processes. The Reading, Pa. physicians will deploy McKesson Practice Complete™, a bundled solution which provides RMS services including patient billing, accounts receivable management and reporting, along with Horizon Practice Plus practice management software and RelayHealth payor connectivity services.

With this announcement, St. Joseph joins eight Catholic Health Initiatives (CHI) practices, representing more than 250 physicians, currently relying on McKesson RMS to manage revenue management services. As a result, St. Joseph expects to benefit from sharing a common platform for collecting and interpreting financial data with other CHI organizations.

“We needed a partner who could provide a high level of customer service by treating our patients with courtesy and compassion while simultaneously optimizing our revenue and delivering the reporting we needed to make strategic business decisions,” said David Lim, chief financial officer, St. Joseph Medical Center. “We chose McKesson to handle all facets of billing and collections for our physicians because of the company’s deep industry knowledge and proven track record of working with its clients – including many of our fellow CHI members – to produce real and sustainable value.”

St. Joseph Medical Center also plans to use McKesson’s robust reporting capabilities to enable managers at both the local and corporate level to use data obtained from patient encounters to develop benchmarks for practice performance.

“We’re very pleased that St. Joseph has selected McKesson to meet the revenue cycle needs of its physician practice group,” said Pat Leonard, senior vice president and general manager for McKesson’s RMS group. “In today’s challenging healthcare environment, physicians need efficient solutions to streamline operations and ensure they have the time and resources to provide the best patient care possible.”

McKesson’s RMS group is the nation’s leading provider of medical billing and accounts receivable management services with more than 1,000 customers. The group is supported by a team of 4,000 employees dedicated to helping physicians grow revenues, control costs and reduce regulatory risk.

About St. Joseph Medical Center
St. Joseph Medical Center is a non-profit hospital located in Reading, Pa. Founded in 1873 by the Sisters of St. Francis, the medical center provides a full-range of outpatient and inpatient diagnostic, medical and surgical services to Berks County’s 380,000 residents. The medical center is widely recognized for its innovations in cardiology, pulmonary, vascular, oncology, orthopedic, wound care and women’s services. St. Joseph Medical Center is affiliated with Catholic Health Initiatives, a non-profit corporation based in Denver, Colo., and comprised of various not-for-profit corporations located in 19 states. It includes 68 hospitals; 44 long-term care, assisted and independent living and residential facilities.

About McKesson
McKesson Corporation, currently ranked 15th on the FORTUNE 500, is a healthcare services and information technology company dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes, and improving the quality and safety of patient care. McKesson has been in continuous operation for more than 175 years, making it the longest operating company in healthcare today. Over the course of its history, McKesson has grown by providing pharmaceutical and medical-surgical supply management across the spectrum of care; healthcare information technology for hospitals, physicians, homecare and payors; hospital and retail pharmacy automation; and services for manufacturers and payors designed to improve outcomes for patients. McKesson is a leader in revenue management solutions, helping physicians optimize reimbursement, minimize risk and increase revenue in order to keep more of what they earn. For more information, visit www.mckesson.com/officebasedservices.