Parathon

"It's difficult enough to manage all of our contracts without your technology, but when we realized what it was costing us to not have visibility to all the data, the choice was easy!" Parathon Contract Management Suite of Products and Services - driven by expertise and innovation. #Parathon #ContractManagement #ParallelDatabase #ContractModeling

It’s a difficult situation for a lot of communities during these times. For hospitals in other areas still looking for talent, the flexibility for remote work is trending. Hopefully, this can turn out to be a solution for many. Even though these hospitals are not on our list of clients - best wishes go out to those affected.

Hospitals must provide accurate price information for services on demand, including the following required data elements: • Gross charge. Essentially, the hospital's chargemaster price, absent discounts. • Discounted cash charge. The charge for an individual who pays cash for an item or service. • Payer-specific negotiated charge. This is even more complicated. Hospitals have many contracts with many payers; the hospital must list the charge for each payer in the dollar amount, percentage or algorithm the hospital has negotiated. • Standard charge methodology. The type of contract arrangement associated with the payer-specific charge. • Minimum and maximum charge. The lowest and highest charge a hospital has negotiated with all third-party payers for an item or service. #PriceTransparency2025 #PriceTransparency #Healthcare

Things are about to take off for Revenue Cycle Management🚀🧑🚀 #Parathon #ParallelDatabase #RevenueCycleManagement

The consequences of uploading files with over 250 machine-readable errors? What about the complexity of Price Transparency? Parathon is ramping up to prepare our clients for PT-2025. Check out our Shoppable Services and Patient Facing Estimator (PFE). Reach out directly to Ken Krieger at [email protected], or to any of the experts at Parathon to set up a brief call. #PriceTransparency #ValidatorTool #ShoppableServices #PatientFacingEstimator #PFE #Parathon

The major ransomware attacks taking place throughout 2024 are a stark reminder of the growing cybersecurity threats facing the healthcare industry. As Lee Kim puts it, "The need to be more prepared, to become more resilient, has never been clearer." Discover how these attacks are reshaping healthcare cybersecurity. Read more: https://bit.ly/46Oyrk7 CSO Online Mary K. Pratt

Orlando Health enters agreement to purchase 3 Steward Florida hospitals https://hubs.ly/Q02LxBYB0

Happy National Relaxation Day! We've got your back regarding Revenue Cycle Management - so go ahead and drift off to your Happy Place. 😎🏖️ #Parathon #RelaxationDay #ContractManagement #PriceTransparency #Denials #Underpayments #Healthcare #Hospitals

Navigating the CMS Price Transparency V2.0 Validator Tool for 2025. Knowledge is power - and that's where Parathon can help. #PriceTransparency #PriceTransparency2025 #CMSValidatorTool #ShoppableServices #PatientFacingEstimator #Parathon

More than 700 rural hospitals are at risk of closure due to financial problems. “The primary reason hundreds of hospitals are at risk of closing is that private insurance plans are paying them less than what it costs to deliver services to patients”. These rural communities deserve better. Let Parathon make an assessment and see how our technology and expertise can help. Reach out directly to Ken Krieger, [email protected], or any of our team of experts. #RuralHospitals #CommunityHospitals #Healthcare #Parathon #ContractManagement