“An essential strategy for accelerating our solution capabilities is collaborating with leading health systems,” said Don Trigg, president, Cerner. “Banner Health is pushing strategically to make revenue cycle management a core competency for both the health care financing models of today and tomorrow. This next phase of work offers both organizations an exciting opportunity to set a new industry standard.”
To successfully manage business today, health systems need clinical, financial and operational data that works together. Cerner’s clinically-drive revenue cycle solution uses a common, single and integrated platform designed to help improve savings, cost-effectiveness and build a healthier bottom line for health systems.
Banner Health will integrate Cerner’s registration, scheduling, patient billing, practice management solutions and transaction services with its existing EHR on the Cerner Millennium® platform. This integration between revenue cycle and clinical systems will help connect a patient’s clinicals and financials to one single view across the health system ultimately streamlining billing operations and improving the overall patient experience. Cerner’s open platform also offers a way to more easily integrate third-party applications to help meet Banner Health’s specific needs.
“After comprehensive planning and alignment between our two organizations, we are confident that teaming with Cerner to achieve a fully integrated revenue cycle platform will meet our business needs now and into the future,” said Dennis Laraway, CFO, Banner Health. “Building on our past successful collaborations with Cerner for mainly clinical applications, adoption of their revenue cycle management solution is now a critical next step to streamline both clinical and financial solutions for our patients across the entire Banner Health enterprise.”
This expansion is expected to better position Banner Health to flexibly adapt to new payment structures, more quickly adjust to policy and compliance changes, better coordinate single registration between acute and ambulatory services and centralize single-source patient charting and reporting across multiple care locations.
“The integrated approach housed within Cerner Millennium supports a more efficient and cost-effective approach for our providers and enhances the patient care experience as their health information easily follows them across the Banner Health continuum of care,” said Laraway.
For more information, visit Cerner.com, The Cerner Blog or connect on Facebook, Instagram, LinkedIn, Twitter or The Cerner Podcast. Nasdaq: CERN. Health care is too important to stay the same.
July 22, 2020
Topic Area: Press Release
Recent Posts
Healthcare Real Estate: Responding to Shifting Patient Demands
To compete in a changing landscape, healthcare organizations must turn their real estate from a cost center into a competitive advantage.
Over 40% of Workers Impacted by Seasonal Depression
Seasonal changes can have an impact on work performance.
Archer Property Partners Acquires Medical Office Building Near Tri-City Hospital
Archer plans a $2.5 million capital improvement program to fully modernize and reposition the asset as one of North County’s premier medical office destinations.
The OR HVAC Puzzle: Why Individual Systems Are on the Rise
Extra penetrations, tight clearances and strict humidity needs—design experts explain what it really takes to plan dedicated units for each operating room.
Sutter Health Announces Plans for New Santa Clara Medical Center
Sutter projects the medical center will open in late 2031.