"We have experienced tremendous success with MedeFinance's solutions and services, and their technology has proven to be the cornerstone to achieving financial integration across our enterprise," said Keith Eggert, Vice President of Revenue Management at Orlando Regional Healthcare. "We are excited about the opportunity to use Self-Pay Analytics to enhance our collections and charity care strategy."
Orlando Regional Healthcare has previously implemented MedeFinance Revenue Cycle Analytics and MedeFinance Denial Analytics, significantly reducing accounts receivable days and bad debt below national averages while increasing cash collections -- a resulting impact of approximately $10 million.
"MedeFinance is looking forward to expanding its long-standing relationship with Orlando Regional Healthcare," stated Jim Quist, MedeFinance Chairman and CEO. "We are pleased to offer our comprehensive solution to help optimize self-pay collections and accurately reserve for bad debt."