Ensemble Health Partners Announces Strategic Revenue Cycle Partnership with Carilion Clinic
July 10 2024 - 9:45AM
Ensemble Health Partners, the market leader in revenue cycle
management for mid-sized to large healthcare organizations,
announced today that Carilion Clinic has selected the company as
its strategic end-to-end revenue cycle partner. Ensemble brings
innovative technologies and exceptional operations to drive
world-class patient experiences and improve financial performance.
“Our amazing people, combined with an innovative,
technology-enabled approach to revenue cycle, has consistently
delivered significant financial improvement for the health systems
we serve,” said Judson Ivy, Founder, President and CEO of Ensemble.
“We are thrilled to partner with a trusted name in healthcare like
Carilion that shares our mission of redefining the possible and our
vision of creating excellence and innovation in patient care.”
The decision to partner with an experienced firm to manage
end-to-end revenue cycle operations is an increasing trend among
healthcare executives looking to solve critical business issues and
position their organizations for long-term success. According to a
recent survey of 100 healthcare executives, 95% said they would
consider end-to-end managed services, and 60% said it was important
to partner with a single firm rather than multiple different
vendors.
“We’re excited to partner with Ensemble and leverage their
team’s expertise and technological innovation in the revenue cycle
industry,” said Nancy Howell Agee, Chief Executive Officer of
Carilion. “This new, strategic partnership supports our mission of
improving the health of the communities we serve by making it
easier for our patients to interact with us and provides needed
support and technology to help revenue cycle teams perform their
responsibilities.”
“We’re honored to partner with an organization like Carilion
that shares our strong commitment to creating excellent patient
experiences,” said Shannon White, Chief Operating Officer of
Ensemble. “We believe the great work our revenue cycle operators
perform connects directly to positive outcomes for patients and
communities and are looking forward to the impact we can make
together.” The Carilion partnership announcement comes on the
heels of several other recent accomplishments for Ensemble,
including its partnership with Tower Health, Beebe Healthcare and
Tallahassee Memorial Healthcare for end-to-end revenue cycle
management. Ensemble also announced its HITRUST Risk-Based, 2-year
certification for strong cybersecurity, its tenth U.S. patent for
advanced revenue cycle technology, an expanded partnership with
Microsoft to accelerate advanced AI capabilities and its
partnership with Epic in the newly launched Epic Rev Cycle Partners
program. These accomplishments are a testament to Ensemble’s
position as the industry’s leading revenue cycle managed services
firm, underscoring its ability to meet or exceed client
expectations and enable healthcare organizations to deliver
exceptional care in their communities.
With its new partnership with Carilion, Ensemble now manages $34
billion in annual net patient revenue, partnering with more unique
health systems than any other firm to improve revenue cycle
performance through end-to-end managed services. Ensemble focuses
on delivering value quickly and sustaining high performance,
meeting 100% of year-one client goals, exceeding 102% of year-one
cash collections and delivering 5% average net revenue improvement
each year across clients.
To learn more about Ensemble, visit EnsembleHP.com. To learn
more about Carilion, visit CarilionClinic.org.
About Ensemble Health PartnersEnsemble Health Partners is
a leading provider of technology-enabled revenue cycle management
solutions for health systems, including hospitals and affiliated
physician groups. The company offers end-to-end revenue cycle
solutions as well as a comprehensive suite of point solutions to
clients across the country. For more information, visit
EnsembleHP.com.
About Carilion ClinicCarilion Clinic is a private,
not-for-profit healthcare organization headquartered in Roanoke,
Va. A comprehensive network of hospitals, primary and
specialty physician practices and other complementary services
enables employees to collaborate in providing quality care close to
home for nearly 1 million Virginians. With an enduring commitment
to the region’s health and wellness, Carilion also advances care
through philanthropy, medical education and research, helps the
communities it serves stay healthy and inspires the region to grow
stronger. For more information, visit CarilionClinic.org and follow
us on Facebook, X (formerly Twitter), Instagram, LinkedIn and
YouTube.
Kendall Herold
Ensemble Health Partners
704-765-3715
Kendall.Herold@ensemblehp.com