CHICAGO--(BUSINESS WIRE)--Aug. 9, 2016--
Navigant Cymetrix, a leader in end-to-end revenue cycle solutions, today
announced it was selected by University of Alabama at Birmingham (UAB)
Health System on behalf of itself and its members (collectively referred
to as “UABHS”) to manage revenue cycle operations.
This collaborative, seven-year agreement covers physician and hospital
revenue cycle operations and is intended to provide value and
consistency across the health system. Revenue cycle management, which
encompasses administrative and business office functions associated with
the processing and payment of medical claims, will be streamlined. The
initial phase of the program includes UAB Hospital and centralized
clinics of University of Alabama Health Services Foundation, UABHS’
faculty practice plan, involving more than 1,000 physicians across the
state. Implementation planning begins in August 2016 and services are
scheduled to go live beginning October 1, 2016.
“Navigant and UABHS have a long history of working together in the areas
of performance improvement and revenue cycle and we are proud to
collaborate to manage the revenue cycle with quality and customer
service as key areas of focus,” said David Zito, Managing Director and
Navigant healthcare segment leader. “Our end-to-end revenue cycle
management solutions will help UABHS reach full potential from its
As the healthcare industry transitions to a value payment model,
Navigant Cymetrix offers UABHS the ability to consolidate revenue cycle
workflows, to better integrate functions, to improve processes, and to
collect more effectively.
“The collaboration between UABHS and Navigant Cymetrix offers several
advantages, including economies of scale, consistency of services and
the ability to quickly respond to industry changes,” said Reid Jones,
chief operating officer for UABHS. “Most importantly, we believe our
patients will appreciate the benefits inherent in the new streamlined
and simplified processes.”
As part of its suite of comprehensive revenue cycle management
solutions, Navigant Cymetrix effectively and efficiently manages the
revenue cycle performance of its healthcare provider clients through its
extended business office services, including accounts receivable
management, payer account follow up, and self-pay account resolution.
Navigant Cymetrix is recognized with industry accolades for its
solutions, including receiving the Best in KLAS Award for excellence in
extended business office services in 2015/2016, 2013 and 2012. It is
also one of only five firms recognized as MAP Keys Compliant by
Healthcare Financial Management Association (HFMA).
About Navigant Cymetrix
Navigant Cymetrix, a wholly owned subsidiary of Navigant Consulting,
Inc., provides healthcare organizations and physician practices with
comprehensive revenue cycle management solutions. Its solutions have the
flexibility to accommodate the specific needs of each client and are
designed to achieve high revenue cycle performance with a seamless
process integrating Patient Access Services, Revenue Integrity Services,
Health Information Management and Patient Financial Services. More
information about Navigant Cymetrix can be found at navigantcymetrix.com.
Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global
professional services firm that helps clients take control of their
future. Navigant’s professionals apply deep industry knowledge,
substantive technical expertise, and an enterprising approach to help
clients build, manage and/or protect their business interests. With a
focus on markets and clients facing transformational change and
significant regulatory or legal pressures, the Firm primarily serves
clients in the healthcare, energy and financial services industries.
Across a range of advisory, consulting, outsourcing, and
technology/analytics services, Navigant’s practitioners bring sharp
insight that pinpoints opportunities and delivers powerful results. More
information about Navigant can be found at navigant.com.
UAB Health System manages the operations of the University
of Alabama at Birmingham’s patient-care activities and 2,300
licensed beds, including UAB
Hospital — the third-largest public hospital in the United States,
winner of the Women's Choice award, and one of U.S. News and World
Report's Best Hospitals. UAB is the state of Alabama’s largest single
employer and an internationally renowned research university and
academic health center; its professional schools and specialty
patient-care programs are consistently ranked among the nation’s top 50.
UAB is the largest academic medical center in Alabama and one of the top
four largest academic medical centers in the United States. UAB’s Center
for Clinical and Translational Science is advancing innovative
discoveries for better health as a two-time recipient of the prestigious Center
for Translational Science Award. Find more information at www.uab.edu
View source version on businesswire.com: http://www.businesswire.com/news/home/20160809005387/en/
Source: Navigant Consulting, Inc.
Navigant Investor Relations
Navigant Corporate Communications
UAB University Relations