Chicago-based Affiliated Radiologists S.C., has selected McKesson Business Performance Services (McKesson) to help strengthen the organization’s business reporting and benchmarking.
McKesson will provide the services as part of a broad range of revenue cycle management capabilities, including clinical documentation assistance, medical coding, medical claims management, denial management, business analytics and healthcare regulatory compliance.
Affiliated Radiologists is a 22-physician practice that provides imaging services on behalf of Chicago’s Rush University Health System. The group is responsible for approximately 293,000 procedures annually. Sharon Byrd, MD, president of Affiliated Radiologists, said the practice was looking forward to benefiting from
“The business reporting and benchmarking that McKesson can deliver will be enormously helpful in developing a more nuanced understanding of our business,” she said. “From ensuring appropriate staffing and compensation levels to measuring our financial performance against similar-sized practices, McKesson’s analytics bring previously unavailable insight to our operations and performance.” Byrd added that the reporting will also help the practice maintain compliance with both government and commercial payer rules and regulations.
Scott Boyd, business manager for Affiliated Radiologists, said McKesson was chosen on the strength of the company’s breadth of services, long-time experience in billing for radiology and excellent reputation among radiology groups in the Chicago area.
“McKesson has the largest footprint of any billing company in Illinois,” Boyd said. “They’ve been in this market for 30-plus years and are extremely well-regarded. We felt comfortable partnering with an organization that knows the Chicago and Illinois markets intimately.”
Pat Leonard, president of McKesson Business Performance Services, said McKesson can help radiology groups sustain and grow their operations, despite turbulence in the healthcare market.
“Success in radiology requires a range of business skills and a comprehensive awareness of today’s fast-changing regulatory and reimbursement environment,” Leonard said. “McKesson has developed an enormous amount of knowledge in these areas through its experience with practices nationwide, and we bring that expertise to each of our new clients. We look forward to working with Affiliated Radiologists to help them meet the challenges ahead.”
About Affiliated Radiologists S.C.
Affiliated Radiologists, S.C. have served Rush University Medical Center and its patients since 1972. It’s an academically oriented private practice, providing subspecialty image interpretation, diagnostic and therapeutic procedures. The group’s interventionalists employ advanced and innovative techniques to diagnose and treat a wide variety of conditions, some on severely ill, complicated patients. For more information, visit: www.rushradiology.com
About McKesson Corporation
McKesson Corporation, currently ranked 5th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. We partner with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services.