CPSI and Alliance Health Partners Announce Partnership
25 May 2018 - 2:05AM
Business Wire
Leaders in Community Healthcare Bring Valuable Offerings to
Small, Rural Hospitals
CPSI (NASDAQ:CPSI), a community healthcare solutions company,
and Alliance Health Partners, a hospital management and consulting
company, today announced a partnership that is aimed at helping
small hospitals flourish in the communities they serve. This unique
partnership will take a comprehensive approach to improving
productivity and efficiency at all levels and includes the
implementation of a leading community electronic health record
(EHR) system.
Texas-based Alliance Health Partners assists community
healthcare organizations transform into well-run institutions,
which works in tandem with CPSI’s mission of helping small
community hospitals provide access to quality healthcare in their
community.
The new partnership between CPSI and Alliance Health Partners
includes the Thrive EHR system from Evident and the TruBridge
revenue cycle management (RCM) solution, including RCM software
coupled with billing and coding services that improve cash flow for
community hospitals. Healthcare facilities that take advantage of
these joint offerings also have the option of financing the
purchase of the Thrive EHR with a percentage of collections,
therefore minimizing the disruption to the organization while
sharing the financial risk.
Frank Avignone, chief executive officer of Alliance Health
Partners, said, “When my company walks into a Critical Access
Hospital, it is typically in financial distress and the quality of
care is suffering. There are no insights into the most basic of
performance metrics. We wanted a partner for our core technology
solutions, and CPSI was the obvious choice. We work with hospitals
that are vital to the survival of their communities and require not
only an EHR that is proven in community hospitals throughout the
U.S., but one that comes with a completely integrated, turn-key
revenue cycle solution.
“The Evident Thrive system, combined with the TruBridge RCM
solution, has allowed us to reduce the time needed to reach
financial stability from up to a year down to just months. More
importantly, CPSI brings services and support that are the best in
the industry. I have been in healthcare information technology for
35 years, and I have never experienced the type of partnership that
we have with CPSI. They are absolutely the best company to work
with.”
Mangum Regional Medical Center in Mangum, Oklahoma, is the most
recent community hospital to bring Alliance Health Partners onboard
to manage their facility operations and benefit from this newly
announced partnership. In addition to Mangum Regional Medical
Center, CPSI and Alliance Health Partners anticipate many more
community hospitals taking advantage of this partnership due to the
flexibility and choice it offers these facilities for both EHR and
RCM solution adoption.
“This partnership with Alliance Health Partners offers small
community hospitals a compelling alternative to acquisition by a
large regional health system,” said Boyd Douglas, president and
chief executive officer of CPSI. “We have seen many community
healthcare leaders regret the decision to be acquired after losing
control of their operations and their ability to address the local
healthcare needs, as well as seeing the erosion of economic support
that a hospital brings to a small community.
“We’re very proud to be collaborating with Alliance Health
Partners and believe that this unique offering will bring real
value to many communities and their healthcare organizations.”
About CPSI
CPSI is a leading provider of healthcare solutions and services
for community hospitals, physician clinics plus other healthcare
systems and post-acute care facilities. Founded in 1979, CPSI is
the parent of four companies – Evident, LLC, TruBridge,
LLC, Healthland Inc. and American HealthTech,
Inc. Our combined companies are focused on helping improve the
health of the communities we serve, connecting communities for a
better patient care experience, and improving the financial
operations of our customers. Evident provides comprehensive EHR
solutions and services for community hospitals and their affiliated
clinics. TruBridge focuses on providing business, consulting and
managed IT services, along with its complete RCM solution for all
care settings. Healthland provides integrated technology solutions
and services to small rural and critical access hospitals. American
HealthTech is one of the nation’s largest providers of financial
and clinical technology solutions and services for post-acute care
facilities. For more information, visit www.cpsi.com.
About Alliance Health Partners
Alliance Health Partners, LLC (“Alliance Health”) is a unique
hospital management company composed of experienced healthcare
executives and exceptional healthcare consultants. The firm’s
Mission is “to assist healthcare organizations in transforming into
well-run institutions,” by elevating their knowledge and
performance. Known as a company that has an intimate understanding
of how hospitals and healthcare systems operate, Alliance Health’s
reputation is built on providing clients with creative and
innovative solutions that transform the organization and take it to
the next level.
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