Muncie, IN (PRWEB) January 17, 2008
Extendicare recently selected Ontario Systems' Artiva Healthcare product to strategically manage their revenue cycle. The Artiva Healthcare system is a revenue cycle intelligence engine that effectively drives strategies. It includes a revenue process management tool set to optimally handle patient accounts, resulting in improved cash collections and decreased bad debt expense.
Extendicare will use the Artiva Healthcare product to re-tool its self-pay and insurance follow-up process. The system will simplify the account management process by automating actions, driving account flow, and leveraging the organization's staff to perform higher level tasks more efficiently.
"The Artiva Healthcare product will allow us to streamline our revenue cycle processes and further strengthen our organization's financial position, allowing us to continue to provide exceptional care to our residents," said Doug Harris, Extendicare's interim chief financial officer, vice president and controller.
"We are pleased to partner with an exceptional organization like Extendicare and look forward to working with them to improve their revenue cycle management," said Steve Beard, Ontario Systems' vice president for strategic relations.
About Extendicare REIT
Extendicare REIT, through its wholly owned subsidiaries, operates 267 long-term care facilities across North America, with capacity for over 30,200 residents. As well, through its operations in the United States, Extendicare offers medical specialty services such as sub-acute care and rehabilitative therapy services, while home health care services are provided in Canada. The Company employs 37,800 people in the United States and Canada.
Extendicare is committed to delivering quality, resident-oriented health care services in a cost-effective manner. The hallmarks of our care philosophy are dignity and respect; they guide our interactions with residents and their families, as well as with staff and business partners.
About Ontario Systems, LLC
Ontario Systems provides debt collection software to organizations that manage large volumes of accounts receivables. These include hospitals, collection agencies, collection attorneys and bankcard issuers. As the largest provider of receivables management products, including the Artiva, FACS and CT Vision systems, Ontario Systems is recognized throughout the industry as the leader in technology and customer service. With operations in Indiana and Ohio, it is a privately held company headquartered in Muncie, Ind. For more information, visit http://www.ontariosystems.com.