DALLAS, Aug. 30 /PRNewswire/ -- XactiMed, a provider of claims, remittance and denial management revenue cycle solutions to the healthcare industry, today announced New Mexico-based St. Vincent Regional Medical Center has implemented its claims processing and management revenue cycle product suite.
“St. Vincent Regional Medical Center selected XactiMed based on the recommendation of our revenue cycle vendor selection committee,” said Moira B. Sanders, St. Vincent Regional Medical Center’s Healthclaims Manager, Patient Financial Services. “XactiMed’s direct payer connectivity with the Presbyterian Health Plan and the system’s ability to drop rejected claims back into a biller’s inventory, which will eliminate our current manual review of rejection reports, were both key factors in St. Vincent’s decision to select XactiMed.”
DT Nguyen, XactiMed’s President, Chief Executive Officer and Chairman, said, “XactiMed is extremely proud to be associated with an institution like St. Vincent Regional Medical Center. We will make every effort to ensure that St. Vincent Regional Medical Center experiences all the benefits our system is capable of yielding to assist them in achieving their revenue cycle improvement goals.”
About St. Vincent Regional Medical Center
St. Vincent Regional Medical Center is located in Santa Fe, New Mexico, and has been caring for Santa Fe, northern New Mexico and southern Colorado for more than 130 years. Established in 1865, St. Vincent Regional Medical Center is New Mexico’s oldest hospital. St. Vincent is accredited by the Joint Commission on the Accreditation of Healthcare Organizations (JCAHO), and is the only Level III trauma center in northern New Mexico. For more information, visit http://www.stvin.org .
About XactiMed
XactiMed provides Web-based revenue cycle solutions and outsourcing services to the healthcare industry. XactiMed’s claims, remittance and denial management solutions improve efficiency and effectiveness across the revenue cycle resulting in improved financial performance for the hospitals we serve. Based in Dallas, Texas, XactiMed is a private company backed by Buena Venture Associates, L.P., an investment fund founded by Sid R. Bass, and Lee M. Bass Inc., of Fort Worth, Texas.
Contact Us
For more information on XactiMed and its advanced revenue cycle solutions for the healthcare industry, please contact Jon Meehan (214) 382-3503 or jmeehan@xactimed.com . You can also visit the XactiMed Web site at http://www.xactimed.com .
XactiMed
CONTACT: Jon Meehan of XactiMed, +1-214-382-3503, or jmeehan@xactimed.com
