Healthcare IT Services Leader to Provide Revenue Cycle Solutions for
Historic, 150 Year-Old Institution
PLANO, Texas, April 16 /PRNewswire-FirstCall/ -- Perot Systems Corporation (NYSE: PER) today announced a new seven-year Revenue Cycle Solutions agreement with New York Downtown Hospital (NYDH). NYDH selected Perot Systems to deliver comprehensive Revenue Cycle Solutions that will provide management and patient financial service professionals in addition to technology and process improvements in order to drive improvements in cash collection. Under the terms of the agreement, Perot Systems will manage the operations of the NYDH patient financial services function. Perot Systems will utilize the people, processes, and advanced technology of its market-leading Revenue Cycle Solutions to reduce errors, improve through-put, and speed collections to help NYDH increase its cash collections.
"This engagement provides NYDH a new source for improvements in the revenue cycle with Perot Systems providing the additional resources to achieve higher performance. It is a comprehensive solution that addresses the entire revenue cycle, especially the front end processing, to bring technology, process improvement and revenue cycle professionals to drive cash collection improvement," stated Frank Vutrano, Senior VP and CFO for New York Downtown Hospital.
"We are pleased that New York Downtown Hospital has chosen Perot
Systems as their service provider for Revenue Cycle Solutions. We are
confident that our Revenue Cycle Solutions team will help take them to
another level of financial performance. New York Downtown Hospital has a
proud history and we look forward to being part of their future," stated
Jim Mapes, Dir
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