June 26, 2012
Apollo Health Street Launches Implementation Services for Accountable Care Organizations
Conshohocken, Penn. ␣ Apollo Health Street, a developer of world-class solutions that tackle healthcare's toughest financial and IT challenges, is expanding their hospital revenue cycle management solutions by launching a service line to help providers manage an accountable care organization (ACO).
An ACO is comprised of a group of coordinated healthcare providers who offer a payment and delivery reform model that aligns provider reimbursements with the quality, appropriateness, and efficiency of the healthcare provided.
The path to obtaining ACO status can be very complex depending on current technology usage, system capabilities, and ACO requirements. The Centers for Medicare and Medicaid and the American Hospital Association estimate start-up costs in the millions. Apollo's proprietary technology tools and six-sigma based methodologies will help offset those costs by creating or enhancing the provider's information technology and data analysis infrastructure.
Apollo is applying their expertise to minimize the operational costs of ACOs by leveraging what we have learned from our success managing business processes for both Providers and Health Plans. Their team of healthcare experts can implement optimal workflows, provide resource planning, calculate performance metrics, and effectively distribute shared savings. Apollo manages the operational tasks so the provider can remain focused on delivering quality patient care.
About Apollo Health Street
Apollo Health Street partners with the nation's leading hospitals and healthcare organizations to achieve healthcare's True Return – the financial strength to offer excellent patient care today and tomorrow.
nhancing our clients' team and resources, Apollo Health Street develops tailor-made, world-class solutions to tackle healthcare's toughest financial challenges. Our solutions combine award-winning customer service with healthcare domain expertise, sophisticated technology and global resources.
Apollo Health Street provides customized strategic support services to more than 170 healthcare partners throughout the nation from 12 global operational centers of excellence. For more information about Apollo Health Street call 1.800.597.0818 or visit www.apollohealthstreet.com.
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