ATLANTA, July 13 /PRNewswire/ -- Galen Advisors, a leading provider of Revenue Cycle Management solutions for physicians, announced today record growth for the first half of 2010. Assaulted by rising costs, reduced reimbursements and political mandates, physicians are turning to Galen for billing expertise and automation of their revenue cycle.
Galen's new clients include a range of specialty practices such as Gastroenterology, Infectious Disease, Plastic Surgery, Reproductive Endocrinologists, and Obstetrics and Gynecology. Galen will help these practices capture lost revenue by automating and improving claims, appeals and reporting processes – freeing up more time for physicians and practice managers to focus on patient care.
"We were impressed by Galen's top-notch team and the results they have delivered to other practices," said practice manager Sue Skeens. "It's like having an additional employee with the ability to work 24/7."
"The ability to regain control over the revenue cycle has become a critical success factor for physicians," said Jere Pittner, Galen Advisors co-founder and CEO, "The changes in healthcare legislation still being debated in Congress are forcing physicians to take a closer look at the financial status of the practice. There is no room to leave revenue uncollected."
Galen's healthcare industry veterans handle the complete revenue cycle, from charge capture to payment posting and cash reconciliation to patient collections. Clients benefit from a streamlined revenue cycle that results in higher revenue, improved cash flow, faster collections, and lower costs. Galen even provides a progressive Practice Management system that includes real-time reporting with customized Practice Analytics at no additional charge.
ABOUT GALEN ADVISORS
With over $130 million in annualized collections, Galen Advisors provides full-service Revenue Cycle Management, real-time Practice Analytics, and Strategic Advisory services for physician practices. Founded by a renowned physician and a veteran practice manager, Galen Advisors helps medical practices improve efficiency and profitability – freeing clients to focus on providing the highest level of patient care.
Our seasoned administrators provide professional oversight of practice management that quickly results in higher net revenues, improved cash flow, faster collections, and lower costs. What's more, clients gain instant insight into practice profitability and performance with Galen's Practice Analytics digital dashboard and reporting solution. For more information, please visit www.galenadvisors.com
|SOURCE Galen Advisors|
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