Solution increases efficiency, transparency,
and financial outcomes for Charleston-based medical network
AUSTIN,
Texas, June 4, 2024 /PRNewswire/ -- Charleston
Area Medical Center, Inc. (CAMC) is using Oracle Health
RevElate Patient Accounting to improve its billing accuracy,
accelerate reimbursements, and strengthen its financial position.
CAMC has implemented RevElate Patient Accounting, an electronic
health record-agnostic solution, in its ambulatory clinics and four
of its Charleston facilities. The implementation enables CAMC to
apply a more standardized approach to integrating financial and
clinical data, which helps reduce errors, automate processes, and
eliminate repetitive manual tasks.
"Our RevElate Patient Accounting go live went extremely well.
The transparency we've gained allows us to improve front end
processes to ensure we're not only capturing revenue accurately,
but we can also confirm reimbursement is received for services
provided," said Christine
Sturtevant, vice president of revenue cycle, Charleston Area
Medical Center. "Revenue has remained strong, and the clean claim
rate has increased. We are actively working to schedule additional
facilities to prepare for go lives."
"The early outcomes from RevElate Patient Accounting are very
promising," said Jeff Sandene,
executive vice president and chief financial officer, Vandalia
Health. "We are excited to roll it out across our entire health
network and replicate the positive results seen with this first
wave." CAMC is a member of the Vandalia Health System.
RevElate Patient Accounting enables healthcare organizations to
automate revenue cycle workflows to help reduce complexities and
foster optimal financial outcomes. By applying automation and
intelligence to time-consuming, repetitive tasks throughout the
billing cycle, organizations can free up valuable resources to
focus on higher-priority initiatives.
"Oracle Health RevElate Patient Accounting is helping customers
enhance productivity, drive revenue, and increase clean claims,"
said Seema Verma, executive vice
president and general manager, Oracle Health and Life Sciences. "As
healthcare organizations continue to face operational and resource
challenges, Oracle is helping systems like CAMC and Vandalia apply
more standardized approaches to optimize financial outcomes."
CAMC selected RevElate Patient Accounting in June 2022.
Learn more about Oracle Health RevElate Patient
Accounting.
About Charleston Area Medical Center
Charleston Area
Medical Center - established in 1972, CAMC is a nonprofit,
1,103-bed regional referral center made up of six hospitals: CAMC
General Hospital, CAMC Greenbrier Valley Medical Center, CAMC
Memorial Hospital, CAMC Plateau Medical Center, CAMC Teays Valley
Hospital and CAMC Women and Children's Hospital, as well as the
CAMC Institute for Academic Medicine and the CAMC Foundation.
Nearly 900 physicians have admitting privileges at CAMC, which is
also West Virginia's premiere
medical teaching facility, hosting, on any given day, more than 800
students in programs leading to degrees or certifications in health
professions. For more information, visit camc.org
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at www.oracle.com.
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SOURCE Oracle
