QuadraMed Corp (QDHC)

[ScovilleUnits]

Contract w/Fremont-Rideout Health Group for Revenue Cycle and Health Information Management (HIM) Solutions

Monday , March 23, 2009 08:22ET

RESTON, Va., Mar 23, 2009 (BUSINESS WIRE) -- QuadraMed (NASDAQ: QDHC) today announced that Fremont-Rideout Health Group (FRHG) chose QuadraMed Revenue Cycle and Quantim(R) Health Information Management (HIM) solutions to streamline their revenue collection process, improve clinical workflow, and leverage business intelligence and real-time reporting to help maximize operational efficiencies.

"After an in-depth evaluation of existing and new vendors, we selected the clear market leader in revenue cycle management and HIM -- QuadraMed," said Tarun K. Ghosh, CIO at FRHG, a not-for-profit health system based in Yuba City and Marysville, Calif., which includes three acute care hospitals. "We determined that QuadraMed was the only vendor offering a scalable, integrated revenue cycle package that met our needs and requirements of our patient access, health information management and patient accounting departments."

FRHG will begin deployment of the QuadraMed Revenue Cycle and Quantim solution suites this month and plans to "go live" in July 2010. The QuadraMed systems will replace existing applications from Allscripts-Misys Healthcare Solutions, Inc. and 3M Health Care.

Added Ghosh, "QuadraMed's robust, high-performance revenue cycle and health information management systems provide us with the tools to effectively address reimbursement challenges while supporting our growing investment in electronic medical records. Together, these solutions help enable us to deliver an even higher level of patient- and community-centered care while achieving strong financial performance."

FRHG also chose QuadraMed because its solutions uniquely feature a built-in encoder. "The built-in encoder spares us from having to buy, support and interface a separate application, which would have been the case had we selected another vendor," Ghosh added.

"Consistently recognized for its clinical excellence, FRHG leverages the best technology and services in the market to further enhance their high-quality care and patient experience," said Keith Hagen, QuadraMed's president and CEO. "This client win validates QuadraMed's strong position in the revenue cycle and HIM market as we continue to invest in and develop the industry's most advanced solutions, enabling hospitals and health systems to transform quality care into positive financial outcomes."

About Fremont-Rideout Health Group

Fremont-Rideout Health Group (FRHG) is a not-for-profit health system dedicated to providing exceptional quality healthcare and a healing environment for everyone in its community. The health system, which is headquartered in Yuba City and Marysville, Calif., includes three acute care hospitals, three extended care facilities, a surgical center, home health, hospice and occupational health clinics. For more information about FRHG, please visit http://frhg.org/


http://www.knobias.com/story.htm?eid=3.1.94916909cc1cbffeb73ae4d43fa1f83b0f7844872ccbec90bd033ff0dcaab7e1