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| [March 12, 2013] |
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Salem Health Selects Accretive Health for End-to-End Revenue Cycle Improvement
SALEM, Ore. & CHICAGO --(Business Wire)--
Salem Health, in Oregon's mid-Willamette Valley, and Accretive Health,
Inc. (NYSE: AH) today announced a multi-year strategic relationship to
improve revenue cycle operations at Salem Health. This relationship will
enable Salem Health to leverage Accretive Health's distinctive operating
model, including its rigorous processes and proprietary technology, to
improve revenue yield and enhance patient satisfaction across Salem
Health's network of facilities. By partnering with one of the largest of
Oregon's 58 acute care hospitals, the relationship also broadens
Accretive Health's strategy and reach in the Pacific Northwest.
"At Salem Health, we are committed to being both good financial stewards
and providing a safe and excellent experience for every one of our
patients," said Norm Gruber, Salem Health's president and chief
executive officer. "Partnering with Accretive Health will assist with
those commitments and help us fulfill our mission to improve the health
and well-being of the people and communities we serve."
The strategic relationship will encompass the entire span of the revenue
cycle, including the critical infrastructure necessary to provide
effective and efficient patient access, health information management
and patient financial services operations.
"Entering this relationship is the latest of our ongoing efforts to
improve revenue yield and provide cost savings that we can reinvest in
our patient care," added Aaron Crane, Sale Health's chief financial and
strategy officer and president-elect of the Oregon Chapter of HFMA.
"Technology, best-practice protocols, and lean-process improvements are
vital elements in every step of revenue cycle management, from
determining patient insurance eligibility to properly coding claims. We
are confident that Accretive Health brings the solutions that translate
into results, based on their achievements with health systems across the
country."
"Salem Health has a vision of providing its patient population with an
'Exceptional Experience Every Time,'" said Mary Tolan, founder and chief
executive officer of Accretive Health. "We are proud to align our
organization with a health care network that is so deeply invested in
patient satisfaction. As we collaborate with Salem Health on improving
revenue cycle operations, we are also committed to supporting the Salem
team in fulfilling its mission and living its vision by providing our
best people, innovative processes and proprietary technology."
About Salem Health
Salem Health is comprised of Salem Hospital, West Valley Hospital,
Willamette Health Partners and other affiliated health care
organizations offering exceptional care to people in and around Oregon's
mid-Willamette Valley. For more information, visit www.salemhealth.org
and facebook.com/salemhealth;
Twitter (News - Alert): @salemhealth;
and youtube.com/salemhealth.
About Accretive Health
At Accretive Health, our mission is to help our healthcare clients
strengthen their financial stability and deliver better care at a more
affordable cost to the communities they serve (increasing healthcare
access to all). For more information, visit www.accretivehealth.com.

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