The Tenet Healthcare Corp. has formed a wholly owned operating subsidiary, Conifer Health Solutions, Inc., which will offer a full range of revenue cycle management and patient communication services.
The new company has more than 100 hospitals, including those operated by Tenet, under contract and already processes approximately 5 million patient accounts annually, worth approximately $9 billion.
According to company officials, over the past five years Tenet has transformed its revenue cycle by consolidating hospital business offices into specialized business centers that leverage proprietary work processes.
"Conifer's comprehensive approach to revenue cycle management addresses the specific needs of healthcare providers," said Stephen Mooney, head of Conifer's Revenue Cycle Solutions. "Our innovative, service-oriented and proven processes operate behind the scenes to strengthen our clients' financial performance."
The patient communication services, currently branded as MEDContact, provide Tenet's hospitals 24/7 access to inbound communications, outbound marketing services and physician referral assistance. As Conifer Patient Communications, MEDContact will broaden its existing offerings to include additional services.
"The formation of Conifer Health Solutions is an exciting move that builds on Tenet's history of bringing innovation to healthcare providers," said Trevor Fetter, Tenet's president and chief executive officer. "Conifer brings world-class processes and systems to our clients, allowing them to focus on delivering the highest quality patient care."
Does your hospital employ Conifer Health Solutions? Send your comments to Associate Editor Chelsey Ledue at chelsey.ledue@medtechpublishing.com.