Lima Memorial Health System Chooses XactiMed's Revenue Cycle Solution

Lima Memorial Health System Chooses XactiMed's Revenue Cycle Solution

DALLAS, Feb. 9 /PRNewswire/ -- XactiMed, a provider of claims, remittance and denial management revenue cycle solutions to the healthcare industry, today announced Ohio-based Lima Memorial Health System has selected its claims processing and revenue cycle management product.

"We are very pleased with our selection of XactiMed as our new revenue cycle solution provider," said Sandy Young, Lima Memorial Health System's Director of Financial Services. "In searching for a new vendor we sought a single system that can manage all of our third-party and government claims; as well as improvements in our claims reimbursement rate and cash flow. XactiMed is the best solution available to assist us in meeting our objectives."

Darin LeGrange, XactiMed's President and Chief Executive Officer, said, "XactiMed will work closely with Lima Memorial Health System to ensure that they realize the business and operational impacts our product is capable of producing. We look forward to implementation and a successful revenue cycle collaboration."

About the Lima Memorial Health System

As the first hospital in the region, Lima Memorial's commitment to the community includes outstanding patient care, state-of-the-art technologies, and medical advancements. Quality outcomes are a cooperative effort among its medical staff, hospital associates and volunteers. Lima Memorial is proud to offer the community inpatient and outpatient services that range from intensive care, cardiac, rehabilitation, sports medicine, orthopaedic, pediatric, oncology, maternity, sleep lab, hemodialysis, mobile meals and trauma services. Lima Memorial is committed to not only meeting but exceeding the expectations of its customers through its healthcare delivery system.

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/


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