PR - Nightingale Signs ARM and Revenue Cycle Agreement with Baltimore Hospital

Nightingale Informatix Corporation, one of North America’s fastest growing healthcare software and services providers, today announced that it has signed a three-year $3.1 million revenue cycle management contract with Baltimore, Maryland-based Harbor Hospital, a 203-bed hospital with 52 employed physicians and an affiliated network of more than 200 active physicians.

"The success and growth of our internal physician group has added a level of complexity that makes it more challenging to manage administrative burdens," said Joe Oddis, CEO of Harbor Hospital. "With Nightingale as our partner, patient care can remain our primary focus. They provide a great combination of tools and a skilled support team with extensive experience that will help us successfully centralize our revenue cycle operations, improve our current administrative workflow and enable us to effectively monitor our employed physician operations."

Under the terms of the agreement, Markham, Ontario-based Nightingale will provide revenue cycle management services to Harbor Hospital’s internal physician group. The initial term of the agreement is three years, with an option to renew. Nightingale will receive payment, on a recurring monthly basis, totaling $3.1 million over the initial three-year term of the contract.

Nightingale’s revenue cycle management offering combines accounts receivable management, electronic claims processing, patient billing collection, claims tracking, payment verification, healthcare provider regulatory compliance verification and provider credentialing services into a centralized service platform. Through its revenue cycle management offering, Nightingale enables physicians to reduce claim denials, receive faster payment and minimize overhead costs. It replaces the burden of insurance processing with improved cash flow and more time for patient care.

"We are pleased to partner with Harbor Hospital to help streamline their workflow and expand their revenue potential using our revenue cycle management service," said Sam Chebib, president and CEO of Nightingale. "The agreement reflects our strengthening presence in the U.S. healthcare industry, and in particular our growing beachhead in the Northeastern U.S. Importantly, it will expand our recurring revenue base and serves as a testament to our ability to successfully help enterprise customers drive efficiency and focus on improved patient care.