Pennsylvania Radiology Practice Chooses McKesson for Revenue Management Services
ATLANTA – May 8, 2013 — J.M. Winston Radiology Associates, Inc., a 6-physician radiology practice based in Reading, Pa., has partnered with McKesson Revenue Management Solutions (RMS) to help improve cash flow and bolster regulatory compliance. Winston Radiology is affiliated with St. Joseph Medical Center in Reading and offers a full range of imaging services. The group is responsible for approximately 140,000 procedures annually.
McKesson will provide the group with revenue cycle management, including coding, documentation education, claims processing, denial management, A/R management, customer service, collections, compliance oversight, reporting and credentialing.
Rakesh Barak, MD, president, said Winston chose RMS because of its experience in radiology billing and its track record for improving radiology financial performance nationwide. “Over the past year or so, we experienced a decline in revenue despite a steady procedure count, so we knew we needed to take a hard look at our revenue cycle,” Barak said. “With McKesson’s assistance, we’ve been able to identify significant issues in our billing process and as a result, we’re confident we’ll be able to strengthen and stabilize our revenue stream going forward.”
Barak said another important element in the decision to partner with McKesson was the presence of a radiology processing center in nearby Lancaster, Pennsylvania. The Lancaster center is one of 22 centers of excellence McKesson operates to handle radiology billing.
Pat Leonard, president, RMS, said the regional centers allow the company to maintain close contact with clients while also monitoring market-specific payer issues.
“We’re extremely pleased that J.M. Winston Radiology Associates is the latest Pennsylvania-based practice to choose McKesson for revenue cycle services,” Leonard said. “We look forward to helping them thrive despite the many challenges that radiology practices face today.”
Like McKesson clients across all specialties, Leonard said, J.M. Winston will benefit from the company’s Better Health 2020™ strategy, a comprehensive initiative designed to provide practices with the capabilities needed to reduce costs, improve financial performance and successfully manage complex payment models.
McKesson Revenue Management Solutions is a leader in physician and hospital revenue cycle management, physician electronic health record and practice management system technology, and strategic consulting services. With nearly 7,000 experienced professionals, RMS offerings are uniquely designed to help physician groups, hospitals and health systems, accountable care organizations, labs, and emergency medical service providers improve efficiency and grow revenues while staying current with the latest regulatory requirements.
About J.M. Winston Radiology Associates, Inc.
J.M Winston Radiology Associates, Inc., founded in 1978, is a 6-physician, radiology practice based in Reading, Pennsylvania. The group, affiliated with St. Joseph Medical Center, provides diagnostic and interventional radiology services.
About McKesson
McKesson Corporation, currently ranked 14th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. We partner with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For more information, visit www.mckesson.com.