ATLANTA - The Department of Pathology at the Medical City Dallas Hospital(MCD) in Texas has selected McKesson's Revenue Management Solutions (RMS) to help optimize reimbursements and boost financial performance across the enterprise. The largest provider of outsourced pathology billing in the state of Texas, McKesson RMS will help MCD drive efficiencies across the revenue cycle, enhance business decisions with more robust enterprise intelligence and negotiate more strategic agreements with local payers.
With the increasing likelihood of government audits, MCD also will use RMS's coding and compliance expertise to stay abreast of the latest regulatory requirements. With more oversight of the coding process, the four-physician group expects to improve coding accuracy rates, increase cash collections and mitigate regulatory risk.
"We need a billing partner with the resources and expertise to help us navigate the complex financial and regulatory challenges facing pathologists," said Dr. Les Walters, M.D., medical director of MCD Pathology. "In addition to its proven record of working with other practices, McKesson RMS has a deep knowledge of the Texas market and payer community."

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MCD's clinical and financial decisions will be enhanced with web-based business intelligence and reporting tools, which are designed to enable real-time analysis of financial data down to the patientlevel. Practice leaders will have immediate access to data on the group's performance, including accounts receivables, staff productivity and profitability. In addition, MCD will use RMS's expertise to support its negotiation of financial, strategic and administrative matters in its contracts with payers.
"The RMS team is working with us not only to improve our day-to-day business processes but also to help us develop strategies to protect the financial health of our organization over the long-term,"Walters added.
McKesson RMS is the leading provider of medical billing and revenue management services and is supported by a team of more than 4,000 experienced revenue cycle professionals. RMS is the largest provider of outsourced pathology billing in Texas, serving 54 practices that performed nearly 13 million procedures in 2010. The services are designed to help pathology groups increase revenue, control costs and minimize compliance risk.
"Like other physician specialties, pathology practices are under pressure to find new ways to streamline operations and increase their revenues," said Pat Leonard, senior vice president and general manager, McKesson Revenue Management Solutions. "With nationwide resources and strong local relationships, we're well positioned to help organizations like MCD achieve their goals and realize sustained growth."