Chicago - May 22, 2012 - The Healthcare Financial Management Association (HFMA) recently reviewed Parallon Business Solutions using the Peer Review Process. After undergoing the rigorous review, Parallon Business Solutions has been awarded the Peer Reviewed by HFMA® designation.

The services earning the designation include:

  • Full Service Revenue Cycle Outsourcing-end-to-end solutions from patient registration through full account resolution
  • Early Out Services-non-delinquent self-pay balance after insurance and low dollar insurance claims resolution

HFMA's Peer Review process is designed to provide healthcare financial managers with an objective third-party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a panel review made up of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.

"HFMA's Peer Review process provides our membership with the assurance that those who have earned the designation have met a rigorous screening process," says HFMA President and CEO Richard L. Clarke, DHA, FHFMA. "The Peer Reviewed designation helps members and others identify and evaluate products and services that their organization may need. It can also create brand awareness and recognition in the healthcare finance marketplace for Peer Reviewed products and services."

"We are very proud to receive this designation from such a respected organization," stated Eric Ward, CEO of Parallon Business Solutions' Business Performance Group. "This independent affirmation of our services' effectiveness, quality and overall value by a panel of industry experts is a testament to our commitment to meeting the needs of our valued customers. We will continue to find innovative ways to serve the healthcare industry in the years ahead and remain dedicated to our 'patients first' philosophy."

About HFMA

The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 39,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues.  

Contact HFMA

Jay Keltner
Director of Marketing
(708) 492-3329
jkeltner@hfma.org  

About Parallon Business Solutions

Parallon Business Solutions, headquartered in Franklin, Tenn. is committed to transforming the business of healthcare. For more than a decade, Parallon shared services solutions have been proven in 250 hospitals and 2,000 non-acute care providers across the country. Parallon provides revenue cycle and business process expertise, workforce management solutions, supply chain services, project management services, technology solutions and the purchasing power of HealthTrust Purchasing Group, serving approximately 1,400 hospitals and 11,000 non-acute care providers. Operating with a "patients first" philosophy, Parallon's team of more than 21,000 people are dedicated to continuous process improvement through practical, impact-oriented solutions. parallon.net

Contact Parallon Business Solutions

Roger Rydell
Parallon Business Solutions
(615) 807-8101
roger.rydell@parallon.net