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Tuesday, January 25, 2005

Moncrief Cancer Center to Implement XactiMed's Revenue Cycle Solutions

Moncrief Cancer Center to Implement XactiMed's Revenue Cycle Solutions

DALLAS, Jan. 25 /PRNewswire/ -- XactiMed, a provider of claims, remittance and denial management revenue cycle solutions to the healthcare industry, today announced Texas-based Moncrief Cancer Center will implement its XClaim, claim submission and management, and ERA, electronic remittance advice, revenue cycle solutions.

"XactiMed was the evident choice when we reviewed all the potential solutions in the marketplace," said Deborah Vigeland, Moncrief Cancer Center's Director of Finance. "XactiMed's track record speaks for itself when it comes to achieving financial improvement, and the improved service we expect from them will provide us the flexibility we need for our future growth."

"XactiMed is proud to be partnered with a prestigious organization such as the Moncrief Cancer Center," said Darin LeGrange, XactiMed's President and Chief Executive Officer. "By utilizing our product suite and our service model, Moncrief will achieve the same results we are seeing across our customer base in terms of cash flow improvement and business office productivity."

The Moncrief Cancer Center has been serving North Texas for more than 45 years. With facilities located in downtown Fort Worth, southwest Fort Worth, south Tarrant County and Weatherford, Texas, The Moncrief Cancer Center provides state-of-the-art radiation treatment and support services. The Moncrief Cancer Center is affiliated with the University of Texas Southwestern Medical Center in Dallas. For more information please visit http://www8.utsouthwestern.edu/utsw/home/pcpp/moncrief/ .

About XactiMed

XactiMed provides Web-based revenue cycle solutions and outsourcing services to the healthcare industry. XactiMed's claims, remittance and denial management solutions improve efficiency and effectiveness across the revenue cycle resulting in improved financial performance for the hospitals we serve. Based in Dallas, Texas, XactiMed was founded by DT Nguyen in 1998. XactiMed is a private company backed by Buena Venture Associates, L.P., an investment fund founded by Sid R. Bass, and Lee M. Bass Inc., of Fort Worth, Texas.

Contact Us

For more information on XactiMed and its advanced revenue cycle solutions for the healthcare industry, please contact Jon Meehan (214) 382-3503 or jmeehan@xactimed.com . You can also visit the XactiMed Web site at http://www.xactimed.com/ .


Source: XactiMed

CONTACT: Jon Meehan of XactiMed, +1-214-382-3503, or
jmeehan@xactimed.com

Web site: http://www.xactimed.com/
http://www8.utsouthwestern.edu/utsw/home/pcpp/moncrief


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