Recently Merged Avadyne Health and Benchmark Revenue Management Announce Strategic Human Resource Moves and Formation of New Departments

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Avadyne Health, a leading provider of patient-centric outsourced revenue cycle management services, announced today the formation of two new departments and several key human resource moves.

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Everything we are doing right now is positioning us to be the definitive leader in revenue cycle offerings. Our new tagline is ‘Revenue Cycle. Perfected.’ It’s a strong statement, and we stand behind it 100 percent.

Avadyne Health, a leading provider of patient-centric outsourced revenue cycle management services, announced today the formation of two new departments and several key human resource moves. The moves stem from the firm’s merger with Benchmark Revenue Management, the nation’s premier revenue cycle workflow provider for hospitals.

The new Patient Experience department will leverage on Avadyne’s position as a market leader in resolving self-pay accounts using a total patient experience model. The Revenue Cycle department will focus on assisting clients with analyzing their revenue cycle metrics and optimizing the firm’s services based on that analysis. The firm is also changing its logo to reflect the enhanced strategic positioning related to these departments and the workflow technology from Benchmark.

Scott Morgan, formerly served as Chief Strategy Officer, will assume the position of Chief Patient Experience Officer. According to Morgan, “I can’t tell you how excited I am about taking on this role. It is a definitive statement from Avadyne about how seriously we take the concept of the Total Patient Experience. For many companies, it is an afterthought. At Avadyne, we believe that the patient is at the core of a successful revenue cycle, and it’s my job to ensure that belief is reflected in everything we do.”

Another key move involves Susan Searcy becoming the Vice President of Revenue Cycle. She formerly served as VP of Finance for Avadyne Health. Searcy’s department will guide clients toward the optimal use of the firms’ offerings and will assist them in unearthing additional opportunities across the revenue cycle.

“This is a huge step forward,” remarked Tyson McDowell, President of Avadyne’s Technology-Enabled Services group. “Susan’s wealth of experience as a revenue cycle executive will considerably expand our capability to assist our clients’ understanding of their data and metrics. Many technology and services companies offer some sort of professional services to support their offerings, but few have the kind of industry depth that Susan and her team can bring.”

Avadyne also announced that Tom Conway, who was previously the CFO for Benchmark, will serve as CFO for Avadyne Health. Along with the announcements, Avadyne released its new logo, which becomes the firm’s official logo on April 15.

“Tom has the skills and experience necessary to position Avadyne financially for the rapid growth that we are already beginning to experience as a result of the merger,” explained Moises Eilemberg, CEO of Avadyne Health. “These shifts in personnel reinforce just how well our two firms fit together. This is truly a case of one and one being more than two. Everything we are doing right now is positioning us to be the definitive leader in revenue cycle offerings. The synthesis of our two firms is perfectly reflected in our new logo and tagline.”

“The familiar Benchmark swirl has been combined with the Avadyne name to show how the two come together and make the new whole more dynamic than either company alone,” added McDowell. “Our new tagline is ‘Revenue Cycle. Perfected.’ It’s a strong statement, and we stand behind it 100 percent.”

About Avadyne Health
Avadyne Health headquartered in Moline, IL, is a patient-centric organization that provides revenue cycle management services to a wide range of healthcare providers across the nation. Avadyne Health ensures its clients deliver a positive patient experience beyond the clinical encounter and through the revenue cycle. Its services include self-pay billing and customer service, third-party claims resolution, denial management and collection of post write-off accounts. Avadyne also offers revolutionary account segmentation and presumptive charity analytics. At Avadyne Health, our mission is to strengthen the financial health of our healthcare providers so you can focus on what you do best – care for patients. For more information, visit http://www.avadynehealth.com.

About Benchmark Revenue Management
Benchmark Revenue Management is one of the fastest-growing firms in the healthcare administration technology field. Benchmark delivers revolutionary administrative workflow, revenue analysis, management, and monitoring tools which are inherently integrated for maximum effectiveness and efficiency. Benchmark’s customers include a number of high-profile hospitals and systems, such as St. Joseph’s in New Jersey, St. Joseph’s Atlanta, New York Methodist Hospital, Catholic Healthcare Partners, Advocate Health Care in Illinois, and Avera in South Dakota. For more information about Benchmark, visit http://www.benchmarkrevenue.com.

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Lincoln Fish
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