Waltham, MA (PRWEB) September 23, 2014
Connance, Inc. (http://www.connance.com), the industry’s premier source of predictive analytic technology solutions that optimize financial and clinical workflows, today announced that Catholic Health Services of Long Island (CHS), an integrated health care delivery system with some of the region’s finest health and human services agencies, has selected Connance to provide predictive analytics and vendor management technology to analytically optimize its revenue cycle and improve its patient‐pay performance.
"We realized that there was an opportunity for us to improve the efficiency and effectiveness of our financial operations and have partnered with Connance to achieve our goals," said Colleen Blye, Executive Vice President and CFO, CHS. "We believe that Connance will help us to transform our financial workflows with its analytics and technology resulting in immediate and sustained cash yield improvements and reduced operating costs."
Connance's predictive analytics and segmented workflows will optimize CHS' follow‐up efforts in patient‐pay revenue. Connance's technology platform will enhance CHS' communication and collaboration with all of its collection agencies. In addition, standardized reporting and activity management will make it easier for CHS to identify cash improvement and cost reduction opportunities.
"We are proud to have been selected to partner with yet another esteemed organization like Catholic Health Services of Long Island," said Steve Levin, CEO, Connance. "The changing reimbursement environment is putting a premium on working in smarter and more patient‐friendly manners. These trends have contributed to a record pace of deployment and to continued expansion and innovation of our solutions."
About Catholic Health Services of Long Island
Catholic Health Services of Long Island is an integrated health care delivery system with some of the region's finest health and human services agencies. CHS includes six hospitals, three skilled nursing facilities, a regional home nursing service, hospice and a multiservice, community‐based agency for persons with special needs. Under the sponsorship of the Diocese of Rockville Centre, CHS serves hundreds of thousands of Long Islanders each year, providing care that extends from the beginning of life to helping people live their final years in comfort, grace and dignity.
About Connance, Inc.
Connance is the industry’s premier source of predictive analytic technology solutions that enable hospitals, physician groups and outsourcing organizations to optimize financial and clinical workflows for sustained performance improvement. Our revenue cycle, revenue enhancement and value‐based health solutions leverage an organization’s existing technology and resources to create financial strength, reduce operating costs and help manage risk while enhancing the patient experience. Connance is redefining workflow optimization of the healthcare enterprise. Connance partners with leading healthcare providers including BJC, Carolinas HealthCare, Centura Health, Florida Hospital and Geisinger Health System. Connance is headquartered in Waltham, Massachusetts. For more information call us at (781) 577‐5000 or visit http://www.connance.com.