Thursday, May 28, 2009

IASIS Healthcare and Precyse Solutions Sign Two-Year Consulting Agreement

Precyse Solutions, a leading provider of clinical documentation software, workflow tools and consulting services, has signed a two-year consulting and training agreement with IASIS Healthcare. The agreement between Precyse and IASIS includes peer-to-peer training regarding quality clinical documentation for IASIS physicians.

Precyse was awarded the contract based on its ability to utilize physician trainers to conduct high-level education for the IASIS medical staff. Most other firms in the clinical documentation improvement space do not have the resources to offer this type of peer-to-peer consulting and training. "Our training requirements and range of services needed for clinical documentation vary across our 16-facility system," said IASIS Healthcare Director of Health Information Management Operations Kyle McElroy, MS-HAS, RHIA. "Therefore, it was important for us to partner with a single vendor who could not only tailor its training to meet our various needs, but could do so while providing an underlying consistency in both the messaging and quality of service."

Jeffrey S. Levitt, Precyse founder and chief executive officer, reports that Precyse clients have realized significant benefits from implementing clinical documentation programs. "Our clients have realized two distinct benefits from these programs. First, many report additional billing potential of up to $10,000 per bed annually from implementing our enriched documentation and advanced coding education programs as coders have more documentation in the charts to more appropriately assign codes. In addition, because the level of documentation in the charts is enhanced under these programs, others report that they are able to make better clinical decisions based upon the enriched level of documentation leading to both more informed care delivery decisions and better patient outcomes," said Levitt. "However, results like this don't come automatically; they require a coordinated team approach that includes the medical staff, HIM professionals and case managers blended with industry experts. IASIS' decision to use Precyse as its 'go to' vendor will guarantee that all of its programs leverage our best learning opportunities and have the IASIS staff prepared to realize top results."

About Precyse Solutions


Precyse Solutions is a leading provider of clinical documentation software, workflow tools and services used by over 850 health systems, hospitals, and large physician practices across the U.S. Precyse's technology-enabled solutions and consulting services ensure that medical coding and transcription functions are completed with the highest level of data quality, accuracy and timeliness. By deploying Precyse's technologies and solutions, Precyse's clients realize improvements in operating cost efficiencies, cash flow, patient care and regulatory compliance. For more information, please visit www.precysesolutions.com.

About IASIS Healthcare

IASIS Healthcare, located in Franklin, Tennessee, is a leading owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. The company operates its hospitals with a strong community focus by offering and developing healthcare services targeted to the needs of the markets it serves, promoting strong relationships with physicians and working with local managed care plans. IASIS owns or leases 15 acute care hospital facilities and one behavioral health hospital facility with a total of 2,796 beds in service and has total annual net revenue of approximately $2.2 billion. These hospital facilities are located in six regions: Salt Lake City, Utah; Phoenix, Arizona; Tampa-St. Petersburg, Florida; three cities in Texas, including San Antonio; Las Vegas, Nevada; and West Monroe, Louisiana. IASIS also owns and operates a Medicaid and Medicare managed health plan in Phoenix that serves over 167,000 members. For more information on IASIS, please visit the company's Web site at www.iasishealthcare.com.

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